Senior Commercial Underwriter

4 months ago

Twin Falls, United States Umpqua Bank Full time
Description

About Us:

Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. It's an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.

About the Role:

Analyzes and evaluates customer credit information for underwriting of new and renewal Agricultural, C&I and CRE credit requests comprised of working capital lines of credit, asset-based lines of credit, Agricultural Real Estate loans, commercial real estate loans (Owner Occupied and Investor) and equipment financing; most often from simple to moderately-complex enterprises with revenues greater than $5 million. Collaborates with Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs.

  • Analyze business, industry, financial data and other supporting credit information concerning an applicant's credit request; identifies key business and financial risks that may impact the repayment prospects by the Borrower; presents facts to and collaborates with Relationship Managers to derive conclusions supporting the credit recommendation based on documented facts and/or sound judgement;
  • Prepare timely, concise and accurate credit recommendations, with normal level of supervision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (aka Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies exceptions (TPE), tracked guidelines exceptions (TGE), procedures and compliance regulations; and (4) accurate loan coding consistent with nature of the borrowing relationship and terms of the credit(s).
  • Monitor borrower financial performance in line with Agricultural, commercial and/or real estate loan documents; spreads financial statements and/or ensures required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentation. Collaborates with Relationship Specialist and Relationship Manager to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner.
  • Partners with Relationship Managers to offer insights into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion tools. May also offer opinions to the Relationship Manager related to a loan structure's effectiveness to mitigate risks, appropriate to prevailing competitive market environment and Bank risk tolerances.
  • Partner with Relationship Managers in customer and prospect calls as appropriate. May shadow manage a portfolio with the Relationship Manager as part of the training and development, with Underwriting Manager and Market Director mutual approval.
  • Partner with Relationship Managers to follow up with customers to obtain all necessary information and clarification on financial analysis materials and resources; ensures customer is approved for all ancillary products.
  • May oversee the work of other commercial underwriters or credit analysts, including the timely review of credit reports prepared by other underwriters to ensure a high level of report quality prior to submission for approval; findings to be captured via a standardized Quality Control (QC) Checklist and used to provide guidance and training to underwriters.
About You:
  • Bachelor's Degree in Agribusiness, Business, Finance, Accounting, or other related field or the equivalent in experience, required.
  • 2-4 years of commercial underwriting / credit analysis or relevant lending experience, required.
  • 2-4 years Agricultural underwriting/credit analysis, commercial underwriting/credit analysis experience or relevant lending experience, required.
  • Advanced analytical and problem-solving skills.
  • Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience; ability to train and present to small and large audiences or has the interest in learning to train and present.
  • Demonstrate time management skills, reflecting the ability to juggle multiple tasks simultaneously while delivering work product on time.
  • Proven ability to spread company and personal financial statements, including income tax returns, using Moody's Risk Analyst or other comparable spreading tool; includes knowledge about financial statement structure and business entity types.
  • Experience in analysis of financial reporting specific and unique to Agribusiness, including Operating Budgets.
  • Proficient Knowledge of Agribusiness Credit, policies and procedures and ability to Analyze a budget.
  • Familiarity and demonstrated experience underwriting Agribusiness loans, including revolving and non-revolving crop lines and loans, Agribusiness real estate, and Agribusiness equipment loans.
  • Advanced 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.
  • Possess excellent written, verbal and interpersonal skills, documenting effective presentations using Excel, Word or other related software/business tools.
  • Advanced knowledge of credit policies, procedures, practices, and documentation.


Workstyle:

Fully onsite.

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $76,603.00 to 142,263.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an 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, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.

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