Commercial Underwriter

We are looking for an experienced Commerical Underwriter to join our team in Roseville or Santa Rosa, CA.

Would you like to work for a company that values community, respect, teamwork and integrity? Would you like to work for an organization that is located in the heart of Sonoma County home to some of the most beatiful landscapes around? Voted a Best Places to Work company for 11 years in a row, Exchange Bank is looking for a Commercial Underwriter to join our Business Banking Team.

Here is a brief description of the position:

Qualified applicants will be responsible for contributing to high quality loan growth by analyzing, underwriting, recommending and approving credit requests generated by Relationship Managers and Business Development Officers. Assist with monitoring and managing existing loan portfolio to minimize credit losses and maintain compliance with loan policies and procedures.

Key Duties for this role will include the following:

• Analyze, structure, and underwrite loan requests and renewals, including commercial loans/lines, commercial real estate, SBA 7a, and, SBA 504 products.
• Utilize financial statements, credit reports, industry data, appraisals and legal documentation to develop a comprehensive financial and risk assessment for prospective and existing customers.
• Interact with credit officers, loan officers, branch staff, appraisal staff, Legal staff, customers and other related Bank personnel regarding issues of credit quality, loan structure, pricing, risk grading and loan documentation.
• Recommend or approve loans within delegated lending authority.
• Provide guidance and consultation to less experienced staff on lending policies, procedures, pricing and structuring.
• Ensure compliance with federal and state regulations, as well as Bank policies and procedures.
• Work with Credit Support Group to prepare, complete and analyze spreads
• Work with Loan Service Center to order loan documentation and coordinate delivery of all required forms and information.
• Assist with loan portfolio monitoring, including annual reviews, loan covenant compliance, problem loan monitoring, and the development and execution of loan collection strategies; collaborate with Branch Managers, Business Development Officers, and Credit Officers on loan workout plan and preparation of quarterly watch reports.

Knowledge, Skills and Abilities:

• Knowledge of commercial underwriting, lending policies, procedures, practices and documentation including accounting, financial statement and cash flow analysis, and financial projection modeling.
• Knowledge of underwriting policies and procedures for Commercial Real Estate including appraisal methods, and environmental due diligence practices.
• Knowledge of bank regulations, income tax accounting, finance and economics.
• Knowledge of SBA underwriting policies and procedures preferred.
• Skills operating a personal computer with word processing, spreadsheet and presentation software.
• Working knowledge of industry financial analytic tools and software.