Commercial Credit Underwrite

Chicanos Por La Causa, Inc. (CPLC); Phoenix (AZ); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Paid Holiday

Recognition Program

Paid Time Off

Wellness Rewards

Family Medical Coverage

HSA

FSA

Life & Disability

Employee Assistance

Telemedicine

401(k)

Pet Care

Tuition Reimbursement

Mileage Reimbursement

Identity Theft Protection

Voluntary Benefits

Job summary

Chicanos Por La Causa, Inc. (CPLC) seeks a Commercial Credit Underwriter to independently analyze, underwrite, and prepare credit memorandums for small business and commercial loan requests.

The role evaluates tax returns, financials, cash flow, collateral, and guarantor strength to determine repayment ability and risk. You will develop loan structures, identify risks, and prepare comprehensive written credit presentations for Senior Credit Officer and Loan Committee.

Qualifications

• Minimum 7 years of experience in commercial lending or underwriting.
• Experience analyzing business tax returns, personal tax returns, and financial statements.
• Experience with SBA lending programs, including SBA 7(a).
• Ability to independently evaluate and structure commercial loan requests.

Responsibilities

• Underwrite and prepare credit memorandums for loan requests.
• Evaluate tax returns, financial statements, cash flow, collateral, and debt service.
• Develop loan structures and present credit recommendations to leadership.
• Monitor portfolio and perform annual reviews of existing loans.
• Lead weekly pipeline meetings and mentor junior analysts.
• Ensure compliance with internal policies and SBA guidelines.

Skills

Analytical

Organized

Detail-oriented

Independent decision-making

Communication skills

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or related field

Tools

Job description

Commercial Credit Underwriter

You don’t just crunch the numbers. YOU uncover the story behind the numbers and help turn strong businesses into successful investments!

Chicanos Por La Causa, Inc. (CPLC) is a non-profit organization and one of the largest Hispanic Community Development Corporations in the United States. The organization began with a group of student and community activists in 1967, and was incorporated and received non-profit status in 1969. CPLC is committed to empowering individuals through health & human services, housing, education, and economic development.

HOW WILL YOU MAKE AN IMPACT IN THIS ROLE?

You will independently analyze, underwrite, and prepare credit memorandums for small business and commercial loan requests, ranging from microloans to complex commercial transactions. You will evaluate business and personal tax returns, financial statements, cash flow, collateral, guarantor strength, and global debt service capacity to determine repayment ability and overall credit risk.

You will develop sound loan structures and recommendations, identify operational, industry, collateral, and repayment risks, and prepare comprehensive written credit presentations for review by the Senior Credit Officer and Loan Committee. In addition to underwriting new loan requests, you will perform ongoing portfolio monitoring and annual reviews of existing commercial loans, including borrower performance and covenant compliance.

You will also lead weekly pipeline meetings with Business Development Officers and the credit analyst team, review and mentor junior credit analysts, and collaborate with internal teams to structure financeable transactions and maintain accurate underwriting documentation. You will ensure compliance with internal credit policies, SBA guidelines, and lending procedures while providing excellent service to current and prospective borrowers.

WHO YOU ARE?

You are an experienced commercial lending professional who knows that underwriting is about more than simply spreading financials. You can look at a business's financial history, understand its cash flow and trends, identify potential risks, and make a clear recommendation based on the full credit picture.

You are analytical, organized, detail-oriented, and comfortable making independent decisions in a fast-paced environment. You have strong written and verbal communication skills and can confidently present your credit recommendations to senior leadership and Loan Committee. You understand the importance of confidentiality, sound judgment, and accuracy when working with customer and credit information.

Minimum Qualifications And Competencies

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field preferred.
• Minimum 7 years of experience in commercial lending, small business lending, commercial underwriting, or CDFI lending.
• Strong experience analyzing business tax returns, personal tax returns, business financial statements, balance sheets, and cash flow statements.
• Experience preparing comprehensive commercial credit memorandums required.
• Experience with SBA lending programs, including SBA 7(a), preferred.
• Experience underwriting commercial real estate and business-purpose loans preferred.
• Ability to independently evaluate and structure commercial loan requests.

WHAT DOES CPLC OFFER YOU AS A VALUED EMPLOYEE?

We recognize that our success is driven by great talent, and that's why we provide a comprehensive and competitive suite of benefits to serve you and your family.

Full-time employee’s benefits below:

• Generous Paid Holiday
• Employee Recognition Program
• Paid Time Off & Paid Sick Days
• Free Preventative Services & Wellness Rewards
• Medical, Dental, and Vision for Spouse/Domestic Partner & Children to age 26
• Health Savings Account & Flexible Spending Account
• Life + Disability options
• Employee Assistance Program
• Telemedicine & Concierge Services
• 401(k) Retirement Plan
• Pet Care, Life Mart Purchase Discounts
• Tuition Reimbursement for qualifying degrees
• Mileage & Cell Reimbursement for qualifying roles
• Identity Theft Protection& Voluntary Benefits

Chicanos Por La Causa, Inc. is an Equal Opportunity Employer

CPLC knows it takes variety of thought, culture, background, and perspective to create a truly impactful workforce. As CPLC grows, we are seeking talented employees with varying backgrounds, cultures, perspectives, and experiences to support our innovation and creativity. CPLC commits to a continued focus on fair and just hiring, training, promotional practices, and policies. We work for real change and progress in equal opportunity recruitment, hiring, and advancement. Learn more by visiting https://www.eeoc.gov/poster

California Residents: Chicanos Por La Causa, Inc and its subsidiaries will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act. Find out more about the Fair Chance Act by visiting the Civil Right’s Department Fair Chance Act webpage.