Commercial Underwriter

First Bank • Newport Beach, CA

3d • $96,000 - $125,000

About The Position

The Commercial Banking Underwriter serves as a critical control within the bank's credit risk management framework and is responsible for the independent risk assessment of commercial loan requests. This role provides objective evaluation of creditworthiness, preparing comprehensive credit memoranda that identifies risk factors and exceptions to credit policy, and makes recommendations on credit decisions.

Requirements

• Demonstrated knowledge of commercial loan structures, underwriting principles, credit policy and procedures, accounting principles, and regulatory expectations.
• Ability to apply sound underwriting judgment using financial analysis, credit policy interpretation, and product knowledge, including SBA lending concepts, to appropriately identify and mitigate risk.
• Strong analytical, reasoning, and problem-solving skills with the ability to assess complex credit scenarios, identify risks, and recommend appropriate mitigants.
• Proven ability to work independently while collaborating effectively with internal partners to meet deadlines in a fast-paced environment.
• Highly developed written and verbal communication skills, with the ability to clearly document credit decisions and communicate recommendations to stakeholders.
• Demonstrates strong organizational, prioritization, and time management skills, with consistent attention to detail and accountability for results.
• Exhibits sound judgment, professionalism, and discretion; demonstrates initiative, resourcefulness, and self-motivation; and maintains a team-oriented approach while managing multiple competing priorities.

Nice To Haves

• MBA preferred

Responsibilities

• Prepare objective underwriting analysis for commercial loan requests including new loans, renewals, extensions, and modifications
• Exercise independent judgment to assess the creditworthiness of loan requests, including analyses of borrowers, guarantors, and collateral
• Identify transaction risks and propose mitigants to ensure alignment with the Bank's risk appetite
• Actively participate in the deal team, collaborating with Relationship Managers, Portfolio Managers, and Regional Credit Officers
• Provide well-supported recommendations to arrive at credit decisions
• Participate in training to increase proficiency as part of professional development
• Perform other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level