Unclassified - Los Angeles, CA

posted about 2 months ago

Full-time
Los Angeles, CA

About the position

The Commercial Underwriter position at Commercial Bank involves supporting loan officers in the credit analysis and underwriting of commercial loan packages. The role requires gathering and analyzing financial information from customers to assess creditworthiness and identify negative trends, culminating in the preparation of a Credit Memorandum for approval. This position is essential for ensuring sound lending decisions within a supportive banking environment.

Responsibilities

  • Support loan officers in credit analysis and underwriting of commercial loan packages.
  • Gather and spread financial information from customers.
  • Analyze creditworthiness and identify negative trends.
  • Complete written Credit Memorandum for presentation and approval.

Requirements

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

Benefits

  • Excellent benefits
  • Great pay up to $95K + Bonus
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