Umpqua Bank
Description
Join to apply for the
Commercial Underwriter, Sr.
role at
Columbia Bank 1 month ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. About Us
At Columbia, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our Associates. We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose. Think of us as financial partners, because at Columbia, we believe the best way forward is together. Together for people. Together for business. Together for better. About the Role
Underwrites new and renewal credit requests for our Native American banking relationships which is comprised of working capital lines of credit, asset-based lines of credit, commercial real estate loans (Owner Occupied and Investor), equipment financing; Governmental obligations, tax revenue financings, and gaming and other tribal enterprise financings; most often from moderate-to-complex governments and enterprises with revenues generally greater than $5 million. Collaborates with Native American banking team members, Commercial Portfolio Managers (CPMs), Client Solutions Managers (CSMs) and Commercial Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs. Prior experience working with Tribes is preferred for this position.
Responsibilities Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request; identifies key business and financial risks that may impact the repayment prospects by the borrower; derives conclusions supporting the credit recommendation based on documented facts and/or sound judgement.
Prepare timely, concise and accurate credit recommendations, with limited supervision or revision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies (TPE) and procedures; and (4) accurate loan coding consistent with the borrowing relationship and terms of the credit(s).
Monitor borrower financial performance in line with commercial and/or real estate loan documents; spread financial statements as required and ensure covenant calculations are accurate and adhere to approval conditions and loan documentation. Collaborates with team members to ensure borrower notifications are sent and approvals are obtained to resolve violations in a timely manner.
Partner with team members to offer insights into customer financial needs, including opportunities identified using approved tools. May also offer opinions related to a loan structure’s effectiveness to mitigate risks appropriate to market conditions and Bank risk tolerances.
Partner with Native American banking team members in customer and prospect calls as appropriate. May shadow manage a portfolio as part of training and development, with Underwriting Manager and Market Director mutual approval.
May oversee the work of other commercial underwriters or credit analysts, including timely review of credit reports to ensure a high level of report quality prior to submission for approval. Findings captured via a Quality Control (QC) Checklist to provide guidance and training to underwriters.
Demonstrates compliance with all bank regulations for the assigned job function and keeps up to date on regulation changes. Follows all Bank policies and completes required training.
Maintain working knowledge of Bank policies regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other applicable regulations.
May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
Actively learns and fosters the Columbia corporate culture; takes personal initiative and is a positive example for others to emulate.
Supports the vision to become “Business Bank of Choice”. May perform other duties as assigned.
Qualifications Bachelor's Degree in Business, Finance, Accounting, or equivalent work experience. (Required)
7-10 years of commercial underwriting/credit analysis experience or relevant lending experience. (Required)
7+ years of relevant Tribal banking experience. (Preferred)
Advanced analytical and problem-solving skills; strong credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis; ability to train and present to audiences.
Demonstrated time management skills with the ability to juggle multiple tasks and meet deadlines.
Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
Excellent written, verbal, interpersonal and presentation skills.
Advanced knowledge of credit policies, procedures, practices and documentation.
Proficiency with Word, Excel, PowerPoint and related software.
Travel
Occasional
Location
Job Location(s): Ability to work fully onsite at posted location(s). 1111 Third Avenue 29th Floor WA 98101
Benefits
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $97,838.33 - $170,000.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process. We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k) retirement plan with employer match, employee assistance, life and disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Diversity & EEO
Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other protected status. If you require an accommodation to complete the application or interview(s), please contact us by email: [email protected].
Agency Notice
Our posted job opportunities are intended for individuals seeking employment at Columbia Bank. We do not accept unsolicited resumes or applications from agencies and will not be responsible for any fees related to unsolicited submissions. Staffing and recruiting agencies are not authorized to submit profiles or applications unless requested by the Talent Acquisition team.
#J-18808-Ljbffr
Join to apply for the
Commercial Underwriter, Sr.
role at
Columbia Bank 1 month ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. About Us
At Columbia, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our Associates. We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose. Think of us as financial partners, because at Columbia, we believe the best way forward is together. Together for people. Together for business. Together for better. About the Role
Underwrites new and renewal credit requests for our Native American banking relationships which is comprised of working capital lines of credit, asset-based lines of credit, commercial real estate loans (Owner Occupied and Investor), equipment financing; Governmental obligations, tax revenue financings, and gaming and other tribal enterprise financings; most often from moderate-to-complex governments and enterprises with revenues generally greater than $5 million. Collaborates with Native American banking team members, Commercial Portfolio Managers (CPMs), Client Solutions Managers (CSMs) and Commercial Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs. Prior experience working with Tribes is preferred for this position.
Responsibilities Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request; identifies key business and financial risks that may impact the repayment prospects by the borrower; derives conclusions supporting the credit recommendation based on documented facts and/or sound judgement.
Prepare timely, concise and accurate credit recommendations, with limited supervision or revision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies (TPE) and procedures; and (4) accurate loan coding consistent with the borrowing relationship and terms of the credit(s).
Monitor borrower financial performance in line with commercial and/or real estate loan documents; spread financial statements as required and ensure covenant calculations are accurate and adhere to approval conditions and loan documentation. Collaborates with team members to ensure borrower notifications are sent and approvals are obtained to resolve violations in a timely manner.
Partner with team members to offer insights into customer financial needs, including opportunities identified using approved tools. May also offer opinions related to a loan structure’s effectiveness to mitigate risks appropriate to market conditions and Bank risk tolerances.
Partner with Native American banking team members in customer and prospect calls as appropriate. May shadow manage a portfolio as part of training and development, with Underwriting Manager and Market Director mutual approval.
May oversee the work of other commercial underwriters or credit analysts, including timely review of credit reports to ensure a high level of report quality prior to submission for approval. Findings captured via a Quality Control (QC) Checklist to provide guidance and training to underwriters.
Demonstrates compliance with all bank regulations for the assigned job function and keeps up to date on regulation changes. Follows all Bank policies and completes required training.
Maintain working knowledge of Bank policies regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other applicable regulations.
May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
Actively learns and fosters the Columbia corporate culture; takes personal initiative and is a positive example for others to emulate.
Supports the vision to become “Business Bank of Choice”. May perform other duties as assigned.
Qualifications Bachelor's Degree in Business, Finance, Accounting, or equivalent work experience. (Required)
7-10 years of commercial underwriting/credit analysis experience or relevant lending experience. (Required)
7+ years of relevant Tribal banking experience. (Preferred)
Advanced analytical and problem-solving skills; strong credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis; ability to train and present to audiences.
Demonstrated time management skills with the ability to juggle multiple tasks and meet deadlines.
Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
Excellent written, verbal, interpersonal and presentation skills.
Advanced knowledge of credit policies, procedures, practices and documentation.
Proficiency with Word, Excel, PowerPoint and related software.
Travel
Occasional
Location
Job Location(s): Ability to work fully onsite at posted location(s). 1111 Third Avenue 29th Floor WA 98101
Benefits
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $97,838.33 - $170,000.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process. We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k) retirement plan with employer match, employee assistance, life and disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Diversity & EEO
Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other protected status. If you require an accommodation to complete the application or interview(s), please contact us by email: [email protected].
Agency Notice
Our posted job opportunities are intended for individuals seeking employment at Columbia Bank. We do not accept unsolicited resumes or applications from agencies and will not be responsible for any fees related to unsolicited submissions. Staffing and recruiting agencies are not authorized to submit profiles or applications unless requested by the Talent Acquisition team.
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