Unclassified - Los Angeles, CA

posted 5 months ago

Full-time
Los Angeles, CA

About the position

Commercial Bank is seeking a skilled Commercial Underwriter to join our dynamic team. This position is pivotal in supporting our loan officers by conducting thorough credit analysis and underwriting of commercial loan packages. The ideal candidate will have a strong background in commercial banking, particularly in Commercial Real Estate (CRE) and Commercial & Industrial (C&I) lending. The role involves gathering and spreading all financial information from customers, analyzing their creditworthiness, and identifying any negative trends that may affect loan approval. The incumbent will be responsible for compiling all relevant information into a comprehensive written Credit Memorandum, which will be presented for approval. This requires not only a keen analytical mind but also an in-depth understanding of financial accounting principles and commercial loan structuring. The successful candidate will thrive in a collaborative environment and contribute to the overall success of the bank by ensuring that all loan packages are meticulously evaluated and presented. At Commercial Bank, we pride ourselves on our strong culture and commitment to our employees. We offer excellent benefits and competitive pay, with salaries up to $95K plus bonuses. We are an equal employment opportunity employer and welcome all qualified candidates to apply, regardless of disability or protected veteran status.

Responsibilities

  • Support loan officers in the credit analysis and underwriting of commercial loan packages.
  • Gather and spread all financial information from customers.
  • Analyze the creditworthiness of potential borrowers.
  • Identify negative trends in financial data that may impact loan approval.
  • Complete a written Credit Memorandum for presentation and approval.

Requirements

  • Must have commercial banking experience in Commercial Real Estate (CRE) and Commercial & Industrial (C&I).
  • In-depth understanding of financial accounting principles.
  • Experience in commercial loan structuring is required.
  • Prior experience in a commercial banking environment is essential.

Benefits

  • Excellent benefits package
  • Competitive pay up to $95K
  • Bonus opportunities
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