Commercial Underwriter, Sr

Columbia Bank•Yakima, WA

1d•$81,000 - $120,000•Onsite

About The Position

Underwrites new and renewal Commercial and Industrial (C&I) and Commercial Real Estate (CRE) credit requests, including working capital lines of credit, asset-based lines of credit, owner-occupied and investor commercial real estate loans, and equipment financing. Requests most often involve moderate-to-complex enterprises with revenues generally greater than $5 million. The role collaborates with Commercial Portfolio Managers, Client Solutions Managers, Commercial Relationship Managers, and other team members to present findings, business rationale, and risk mitigations to obtain credit approval and meet customer needs. The Commercial Underwriter analyzes business, industry, financial data, and supporting credit information; identifies business and financial risks affecting repayment; and develops fact-supported credit recommendations. The role prepares timely and accurate recommendations, applies risk-rating models, identifies and mitigates policy, guideline, procedural, and compliance exceptions, and ensures accurate loan coding. It monitors borrower financial performance and covenant compliance, supports timely resolution of violations, and may contribute insights on customer needs, relationship expansion, and loan structure. The role may participate in customer and prospect calls, shadow-manage a portfolio with approval, and oversee, review, coach, or train other underwriters and credit analysts. The position requires compliance with bank policies, procedures, regulations, and training requirements, including maintaining working knowledge of applicable Bank Secrecy Act, Regulation CC, Regulation E, and Bank Security requirements. It also calls for actively fostering Columbia Bank’s corporate culture, taking personal initiative, and supporting the vision to become the “Business Bank of Choice.” Other duties may be assigned. Occasional travel is required. The position is fully onsite at the posted location in Yakima, Washington.

Requirements

7–10 years of commercial underwriting/credit analysis experience or relevant lending experience.
Advanced analytical and problem-solving skills.
Advanced credit and credit quality skills, including accounting, financial statement spreading, and cash flow analysis.
Demonstrated time management skills and ability to manage multiple tasks while delivering work on time.
Ability to work effectively with individuals and groups across the company and manage internal and external customer relationships.
Excellent written, verbal, interpersonal, and presentation skills.
Advanced knowledge of credit policies, procedures, practices, and documentation.
Proficiency with personal computers and software such as Word, Excel, and PowerPoint, as well as other business machines.
Ability or interest in learning to train and present to small and large audiences.
Ability to work fully onsite at the posted location.

Responsibilities

Underwrite new and renewal C&I and CRE credit requests, including working capital and asset-based lines of credit, commercial real estate loans, and equipment financing.
Analyze applicants’ businesses, industries, financial data, and supporting credit information; identify repayment risks and develop fact-supported credit recommendations.
Prepare timely, concise, accurate credit recommendations with limited supervision or revision, including quantitative analysis, risk ratings, exception identification and mitigation, and loan coding.
Monitor borrower financial performance and compliance with loan documents, including spreading financial statements and ensuring covenant calculations are accurate and consistent with approval conditions and documentation.
Collaborate with team members to ensure borrower notifications are sent and approvals are obtained to resolve violations promptly.
Provide insights into customer financial needs and relationship expansion opportunities, and offer opinions on loan structures that mitigate risk within market conditions and bank risk tolerances.
Participate in customer and prospect calls as appropriate and, with mutual approval, shadow-manage a portfolio for training and development.
May oversee and review credit reports prepared by other underwriters or analysts, document findings using a standardized QC Checklist, and provide guidance and training.
Comply with bank regulations, policies, procedures, and required annual or job-specific training; stay current on regulatory changes and applicable regulations.
May coach, mentor, train others, or teach coursework as a subject matter expert.
Demonstrate and foster Columbia’s corporate culture, take personal initiative, and support the vision to become the “Business Bank of Choice.”
Perform other duties as assigned.

Benefits

Medical insurance
Dental insurance
Vision insurance
401(k) retirement savings plan with employer match for qualifying associate contributions
Employee assistance program
Life insurance
Disability insurance
Tuition assistance
Mental health resources
Identity theft protection
Legal support
Auto and home insurance
Pet insurance
Online discount marketplace
Paid vacation
Paid sick days
Paid volunteer days
Paid holidays
Performance-based incentive compensation may be available