Credit Underwriter III - CRE

Sunflower Bank, N.A.•Irvine, CA

1d•$120,000 - $150,000

About The Position

The Credit Underwriter III - CRE gathers, analyzes, and interprets financial and credit information to assess the creditworthiness of commercial customers, with a focus on moderately complex credit relationships. The role supports Business and Commercial Bankers in new and existing loan relationships, emphasizing credit quality and risk reduction. The position evaluates commercial real estate borrowers, guarantors, and properties; prepares detailed credit approval and loan review analyses; researches relevant market and industry conditions; and communicates findings to bankers, management, and credit officers. It also supports ongoing credit-file monitoring, covenant compliance, loan-document review, and technical assistance to bankers and customers. The underwriter exercises independent judgment, contributes to process improvements and projects, and helps review work and develop junior credit analysts and underwriters. The role requires adherence to applicable federal and state laws and regulations, including the Bank Secrecy Act, anti-money laundering laws, and Office of Foreign Assets Control requirements. The listed salary range is $120,000 to $150,000, depending on knowledge, skills, abilities, experience, and location.

Requirements

At least 7 years of experience in credit analysis or credit underwriting in a commercial real estate lending environment.
Sound underwriting ability in investor commercial real estate.
Proven ability to understand and analyze financial statements, including balance sheets, income statements, cash flow, and tax returns.
Proficiency in Microsoft Office Suite.
Strong business math skills.
Ability to think critically and communicate results clearly and concisely, verbally and in writing.
Ability to multitask, prioritize, and meet deadlines.
Ability to work collaboratively, find common ground to solve problems, and represent one's own opinion.
Ability to stay informed about industry trends, market conditions, and regulatory requirements and actively develop professionally.
A bachelor's degree in Accounting, Business, Economics, Finance, or a similar field; alternatively, a high school diploma or equivalent and at least 10 years in this discipline.

Nice To Haves

Experience with construction and bridge lending.

Responsibilities

Review and analyze financial and credit information, including financial statements, tax returns, real estate schedules, and credit reports, to assess property cash flow and borrower and guarantor creditworthiness.
Identify the need for additional investigation or information and contact appropriate sources to obtain it.
Prepare detailed financial and analytical credit approval and loan review reports using materials such as leases, rent rolls, appraisals, and environmental reports.
Analyze historical financial data and trends, cash flow, global cash flow, and simple projections.
Research industry and market information relevant to the MSA and submarkets where collateral is located.
Prepare written analyses of new and existing loan relationships, including the sufficiency of cash flow, collateral, and other repayment sources.
Assess strengths and weaknesses of credit relationships and communicate key findings and opinions to bankers, management, and credit officers.
Review and negotiate loan documents on behalf of the bank.
Review and analyze title for commercial real estate properties.
Assist with monitoring credit files, including periodic financial statements, tax returns, rent rolls, leases, personal financial statements, real estate schedules, and other loan-document requirements.
Ensure covenant compliance and financial reporting requirements are addressed.
Exercise independent judgment in client relationship credit analysis and take appropriate resulting action.
Participate in departmental and company-wide projects and propose process improvements.
Provide technical advice and assistance to bankers and customers.
Assist as a lead in reviewing work and training and developing more junior credit analysts and Credit Underwriters.
Attend joint calls with bankers to gather information about collateral.
Stay informed about industry trends, community developments, market conditions, and regulatory requirements and understand their effect on lending criteria.
Understand and comply with applicable federal and state laws and regulations, including BSA, anti-money laundering laws, and OFAC requirements.