Middle Market Underwriter

Columbia Bank•San Diego, CA

21h•$75,000 - $120,000•Onsite

About The Position

The Middle Market Underwriter analyzes and evaluates customer credit information for new and renewal Middle Market requests, including working capital and asset-based lines of credit, commercial real estate loans, and equipment financing. These requests most often involve simple to moderately complex enterprises with revenues greater than $5 million. The underwriter collaborates with Client Solutions Managers (CSMs) and Relationship Managers to develop timely, high-quality, concise credit recommendations that support approval and customer needs. The role analyzes business, industry, financial, and supporting credit information; identifies key business and financial risks; and helps structure loans and support credit recommendations. It prepares credit recommendations with a normal level of supervision, including documented quantitative analysis, appropriate dual risk ratings, identification and mitigation of policy and guideline exceptions, and accurate loan coding. The underwriter monitors borrower financial performance against loan documents, spreads financial statements or ensures they are spread according to Bank guidelines, and verifies covenant calculations against approval conditions and loan documentation. In collaboration with CSMs, the role helps ensure borrower notifications are sent and approvals are obtained to resolve violations in a timely manner. The underwriter may join customer and prospect calls, contribute insights into customer financial needs and relationship expansion opportunities, and follow up with customers to obtain information and clarification. The role also supports approval of ancillary products. The position requires compliance with applicable banking regulations, Bank policies and procedures, and required training, including maintaining working knowledge of relevant regulations such as the Bank Secrecy Act, Regulation CC, and Regulation E. The underwriter may coach, mentor, or train others, and may perform other duties as assigned. The position is fully onsite at the posted San Diego location and involves occasional travel.

Requirements

2–4 years of commercial credit analysis or underwriting experience, or equivalent.
Demonstrated acceptable completion of Intermediate Accounting classes at an accredited university or college and/or completion of bank credit underwriting training.
Ability to spread company and personal financial statements, including income tax returns, using Moody’s Risk Analyst or a comparable spreading tool.
Knowledge of financial statement structure and business entity types.
Basic experience analyzing and monitoring commercial lines of credit and term loans, both secured and unsecured, as well as income property real estate, non-profit lending, or other specialty lending types.
Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
Excellent written, verbal, and interpersonal skills.
Ability to document effective presentations using Excel, Word, or other related software and business tools.
Experience working with bank credit policies, procedures, practices, and documentation.
Ability to work fully onsite at the posted location; occasional travel is required.

Responsibilities

Analyze and evaluate credit information for new and renewal Middle Market credit requests, including working capital lines, asset-based lines, commercial real estate loans, and equipment financing.
Collaborate with CSMs and Relationship Managers to prepare timely, high-quality, concise credit recommendations.
Analyze business, industry, financial, and supporting credit information; identify key risks; and contribute to loan structuring and credit recommendations.
Prepare underwriting narratives, apply quantitative and qualitative dual risk rating elements, identify and mitigate policy and guideline exceptions, and code loans accurately.
Monitor borrower financial performance in accordance with commercial and real estate loan documents.
Spread financial statements, or ensure they are spread in accordance with Bank guidelines, and verify covenant calculations against approval conditions and loan documentation.
Work with CSMs to send borrower notifications and obtain approvals to resolve violations in a timely manner.
Participate in customer and prospect calls as appropriate and provide insight into customer financial needs and relationship expansion opportunities.
Follow up with customers to obtain necessary information and clarification for financial analysis and support approval of ancillary products.
Comply with applicable banking regulations, Bank policies and procedures, and required annual or job-specific training; keep current with regulation changes.
Maintain working knowledge of applicable written policies and procedures, including those related to the Bank Secrecy Act, Regulation CC, Regulation E, and Bank Security.
May coach, mentor, or train others and teach coursework as a subject matter expert.
Demonstrate and foster Columbia's corporate culture and take personal initiative as a positive example.
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
Access to an online discount marketplace
Paid vacation
Paid sick days
Paid volunteer days
Paid holidays
Performance-based incentive compensation may be available