Underwriter

Commercial Bank of California•Chico, CA

13d•$100,000 - $150,000•Hybrid

About The Position

The Underwriter supports Commercial Bank of California’s relationship-driven lending strategy by evaluating complex commercial and business credit requests. With minimal supervision, the role prepares detailed credit authorizations in accordance with bank policies and presents recommendations to senior credit personnel and credit committees. The Underwriter conducts financial analysis, including spreading and interpreting business and personal financial statements, to assess borrower capacity, risk, and creditworthiness. The role works with loan officers and customers or prospects, prepares debt service analyses and financial projections, reviews loan covenants and documentation, and gathers industry and borrower information. The Underwriter also consults with credit and lending leaders on credit structure, pricing, collateral, and related matters, while maintaining tracking logs and performing assigned projects. This is a full-time, exempt position located in Northern California and eligible for hybrid work. The stated salary range is $100,000–$150,000 per year.

Requirements

Bachelor’s degree from a four-year college or university, or 5+ years of related experience and/or training, or an equivalent combination of education and experience.
Basic knowledge and training in financial statement and tax return analysis, typically gained through education in accounting, finance, and/or credit analysis.
Intermediate proficiency with Microsoft Office Suite, including Word, Excel, PowerPoint, Outlook, and Teams.
Strong understanding of applicable state and federal lending regulations and Bank policies and procedures.
Advanced knowledge of commercial, C&I, and commercial real estate policies, practices, and procedures.
Strong sales and marketing ability to sell Bank services.
Ability to manage priorities, handle high workflow volume, and plan, organize, and prioritize tasks to meet deadlines.
Ability to lead and motivate employees to complete tasks according to established standards.
Ability to analyze and solve work problems and follow oral or written instructions.
Effective communication with coworkers, consultants, regulators, and other parties.
Ability to prepare clear and concise reports, documentation, and correspondence.

Nice To Haves

Working knowledge of Abrigo.

Responsibilities

Interact directly with loan officers and customers or prospects regarding commercial business loans.
Prepare accurate financial statement spreadsheets and debt service analyses from business and personal financial statements and tax returns.
Prepare credit authorizations with loan officers and present thorough analyses of existing and potential borrowers.
Recognize customer prospects and cross-selling opportunities with existing customers.
Refer loan opportunities to lending personnel as appropriate.
Independently request financial information from customers or prospects to complete financial spreading and other analyses.
Assist in determining borrower debt service capacity in accordance with the type of credit analyzed.
Review loan agreement covenants to verify compliance.
Prepare financial projections as required.
Maintain an accurate, current tracking log of activity and credit arrangements in process.
Collect relevant industry information about existing and proposed borrowers using internal and external sources.
Consult with the President, Chief Credit Officer, Credit Administration Officers, and other Loan Officers on credit structure, pricing, collateral, and other credit considerations.
Gather information from the Bank’s LAS system to compute lending liability to the Bank.
Conduct trade and reference checks on customers or prospects.
Review documentation for compliance with Bank policies and procedures.
Perform special projects designated by Credit Administration and other duties as assigned.