Director of Commercial Loan Underwriting

Mechanics Bank is currently searching for a Director of Commercial Loan Underwriting to join our team in Roseville, California. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role can also be based in Walnut Creek or Irvine, California.

Responsible for leadership and coordination of staff to consistently underwrite and analyze loan requests across all teams and in accordance with Bank and Department policies and procedures. Active involvement in deal structure / concept memo review and preflight process for larger/more complex transactions, to assess early viability of requests. Responsible for quality control across underwriting team, which may include reviewing larger transactions. Train staff on credit risk analysis, to ensure risks are appropriately addressed and consistent standards and practices are applied. Drive oversight of portfolio credit quality and overall regional portfolio management. Primarily responsible for interaction with internal loan review.

What you will be doing:

• Oversees overall underwriting and workflow management, including attending pipeline meetings and deals discussions when appropriate and managing to consistent underwriting standards.

• Oversees Portfolio Management quality within designated regions to ensure timely collection, and testing of financials from borrowers, site visits, covenant testing and other tickler follow up including the review of waivers or forbearance requests and letters prior to issuance.

• Oversees coordination and preparation of watch list credit comments & problem loan reports for assigned region.

• Ensure adherence to regulatory requirements; adhere to bank policies and procedures.

• Manage, develop and coach team members to ensure understanding of bank lending and underwriting policies and processes.

Who you are:

• Bachelors degree preferred. Additional experience may be considered in lieu of degree.

• Required: Minimum of 10 years of experience in all areas/types of Commercial/Business lending, underwriting and portfolio management including C&I, SBA, and Investor Real Estate.

• 5 years of management/leadership experience is preferred.

• Travel required: 20-30%

• Ability to logically review loan presentations for accuracy and thorough understanding of the credit and its associated risks and mitigants.

• Thorough knowledge of standard loan facility structures used to address various borrowing purposes and repayment sources.

• Thorough understanding of accounting principles and practices, economics and business acumen.

• Must possess excellent communication skills and customer service skills with a high level of professionalism, whether on the phone, in person, or in writing.

• Demonstrated ability to problem solve and work in an organized manner on multiple projects.

#LI-HJ1

Salary: $150,000 - $210,000 annually

AIP/Bonus: up to 25%

Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.
Benefits package includes[1]:

• Medical, prescription, dental, and vision coverage for employees and their eligible family members

• Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits

• Health Savings Account with employer contribution

• Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit

• 401(k) and Roth 401(k) with company contribution

• 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program

• Supplemental Health plans, Voluntary Legal and Identity Theft Services

• 11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year

• Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.

• Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.

• Please view Equal Employment Opportunity Posters provided by OFCCPhere.

• To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit

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[1] The benefits listed in this job posting reflect the Bank's most reasonable and genuinely expected benefits offered for this position.