UNDERWRITER I-III

2 weeks ago

Santa Rosa, CA, United States Summit State Full time
Description

Summit State Bank is an award-winning Community Bank whose core values are based on making a positive impact on our employees, customers, and the communities we serve. Our employees are important to us, we provide rewarding career paths with competitive pay and excellent benefits. If you want to work for a Community Bank that values you and your contributions, we encourage you to apply.

We are looking for a Commercial Underwriter I-III to join our team. In this role, the Commercial Underwriter provides analysis of commercial and personal credit information from borrowers and guarantors to assess risk involved with lending to new and existing small business, commercial real estate, and construction clients. The ideal candidate will have keen attention to detail, excellent written and verbal communication skills and the ability collaborate effectively while maintaining professionalism, integrity and a commitment teamwork. This is an on-site, full-time position.

The Commercial Underwriter is responsible for a variety of functions which include, but are not limited to the following:

  • Review loan submissions for adequacy of information and financials, verifying that application data is complete and meets establishment standards.
  • Underwrite loan requests from $5MM to $20MM of low to high complexity by preparing credit authorizations and detailed credit analysis conforming to and in compliance with loan underwriting standards.
  • Perform and document risk assessment on loan requests.
  • Work directly with Lenders/Relationship Managers and, when needed, Borrowers to discuss issues, ask questions and make financial and covenant recommendations as necessary.
  • Review and analyze appraisal assumptions and methodologies; incorporate appraisal information into Bank credit authorization. Evaluate and verify all collateral on all secured loans and prepare reports of findings.
  • Work closely with all parties to assist and ensure procedures are followed and there is timely processing, credit approval, and closing of loan requests.
  • Works closely with Loan Ops Department to ensure procedures are followed in the closing and funding of the loans.
  • Performs financial analysis for financial covenant testing and annual term loan reviews.
  • Recommends and drafts one-time and permanent waivers for RM and/or managing underwriter review.
  • Clears ticklers, and draft default letters for RM and/or managing underwriter review.
  • Construction Lending -
o Perform all aspects of General Contractor analysis and qualification.

o Create and maintain budget spreadsheets.

o Coordinate draw funding with Loan Ops staff.

o Works closely with managing underwriter on highly complex issues.

o Works independently with little or no oversight on low to moderate complex duties.
  • Provide training, coaching and mentoring to Credit Analysts and Junior Underwriters.
  • Other duties may be assigned.


Minimum requirements: Bachelor of Arts (B.A.) or equivalent with a minimum of two years of related experience and/or training; or equivalent combination of education and experience. Pay Range: $80,000 - $120,000

Summit State Bank offers a generous benefits package that supports our employees' needs. Benefits offered include Medical, Dental, Vision, FSA, Life, AD&D and LTD coverage, employer HSA contributions of up to $4,000 annually and a 401(k) with employer-matching contributions. Summit State Bank also provides tuition reimbursement, wellness resources, internal mentorship programs and paid volunteer time off. All full-time positions are eligible for a minimum of three weeks of paid vacation annually.

All applicants should apply at our website: https://www.summitstatebank.com/careers.php.

Summit State Bank is an Equal Opportunity/Affirmative Action Employer and provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

  • VP Underwriter

    7 days ago

    Santa Cruz, CA, United States Santa Cruz County Bank Full time

    If you're looking for an exciting career opportunity, you're in the right place. West Coast Community Bank is a top-rated community bank with a focus on serving the banking needs of businesses and individuals along the Central Coast, in Silicon Valley and throughout the Bay Area. We operate full-service branches in Aptos, Capitola, Cupertino, King City,...

  • VP Underwriter

    2 weeks ago

    Santa Cruz, CA, United States Santa Cruz County Bank Full time

    If you're looking for an exciting career opportunity, you're in the right place. West Coast Community Bank is a top-rated community bank with a focus on serving the banking needs of businesses and individuals along the Central Coast, in Silicon Valley and throughout the Bay Area. We operate full-service branches in Aptos, Capitola, Cupertino, King City,...

  • VP Underwriter

    2 weeks ago

    Santa Cruz, CA, United States Santa Cruz County Bank Full time

    If you're looking for an exciting career opportunity, you're in the right place. West Coast Community Bank is a top-rated community bank with a focus on serving the banking needs of businesses and individuals along the Central Coast, in Silicon Valley and throughout the Bay Area. We operate full-service branches in Aptos, Capitola, Cupertino, King City,...

  • VP Underwriter

    1 week ago

    Santa Cruz, CA, United States Santa Cruz County Bank Full time

    If you're looking for an exciting career opportunity, you're in the right place. West Coast Community Bank is a top-rated community bank with a focus on serving the banking needs of businesses and individuals along the Central Coast, in Silicon Valley and throughout the Bay Area. We operate full-service branches in Aptos, Capitola, Cupertino, King City,...

  • Sr. Associate Financial Advisor

    2 weeks ago

    Santa Rosa, CA, United States First Tech Federal Credit Union Full time

    Description The Senior Associate Financial Advisor serves as a transitional step to a Financial Advisor role by supporting and growing an existing book of business under the guidance of an established Financial Advisor.This role will assist members and prospects with information, products and procedures to implement an investment program, as well as working...

  • Sr. Associate Financial Advisor

    1 week ago

    Santa Rosa, CA, United States First Tech Federal Credit Union Full time

    Description The Senior Associate Financial Advisor serves as a transitional step to a Financial Advisor role by supporting and growing an existing book of business under the guidance of an established Financial Advisor.This role will assist members and prospects with information, products and procedures to implement an investment program, as well as working...

  • Portfolio Analyst

    6 days ago

    Santa Rosa, CA, United States American AgCredit Full time

    Why should you join our team? American AgCredit offers a unique opportunity to be a part of a national financial system supporting those who feed, clothe and fuel the world. We are a growing organization embracing collaboration and innovation while delivering transformative solutions. American AgCredit provides a cultivating environment where you truly make...

  • Account Associate

    6 days ago

    Santa Ana, CA, United States Peggy Bates - State Farm Agent Full time

    Responsive recruiter Replies within 24 hours Benefits: License reimbursement Bonus based on performance Competitive salary Flexible schedule Opportunity for advancement Paid time off Training & development ABOUT OUR AGENCY:Peggy has been a State Farm agent since 1988 and leads a growing team where new hires can thrive. She offers a supportive,...

  • Senior Loan Administrator

    2 weeks ago

    Santa Ana, CA, United States Banc of California Full time

    Description BANC OF CALIFORNIA AND YOUR CAREER Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the "bank"). Banc of California is one of the nation's premier relationship-based business banks focused on providing banking and treasury management services...

  • Senior Loan Administrator

    2 weeks ago

    Santa Ana, CA, United States Banc of California Full time

    Description BANC OF CALIFORNIA AND YOUR CAREER Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the "bank"). Banc of California is one of the nation's premier relationship-based business banks focused on providing banking and treasury management services...