Commercial Loan Underwriter — Drive Credit Quality & Growth

EverTrust Bank; Milpitas (CA); On-site; USD 90,000 - 140,000; Full time

Job summary

EverTrust Bank in Milpitas, CA seeks a Commercial Loan Underwriter to perform financial and credit analysis, prepare credit recommendations, and support underwriting and closing for commercial loans.

You will monitor portfolio performance and assist with monthly reporting, borrower interviews, and documentation to ensure compliance and asset quality while helping grow client relationships.

Qualifications

• BA/BS degree in Business, finance or related field or equivalent experiences.
• 1+ years of directly related experience.
• Strong PC skills and excellent credit and analysis skills.
• Excellent verbal and written communication skills.
• Knowledge of credit, spread analysis, finance and lending procedures.

Responsibilities

• Assist Team Leader/Loan Officers with commercial loan requests, interview borrowers to determine credit qualifications and borrowing needs; analyze borrowers’ information/financial statements, collateral and tax returns to determine ability to pay; conduct forecast analysis, assist in preparing and underwriting credit approvals for review; support calling officers and coordinate activity in credit approval process.
• Order loan documentation to evidence debt and ensure perfection of security interests in compliance with regulatory and legal requirements; assist senior loan officers with review of loan documentation before signing with clients.
• Covenant testing for trade finance and asset-based lending borrowers to ensure credit worthiness and compliance.
• Site inspections (Site Inspection Report), review of Construction Progress Report and recommendation of hard/soft loan draws, transfer and change orders for construction and real estate loans.
• Order documents with the credit department related to underwriting process: TRW, Appraisal, Environmental reports, OFAC, Preliminary reports, Title reports, Title Insurance, and Asset Review reports.
• Monitor and update monthly/weekly portfolio reporting, past due reports and weekly pipeline reports.
• Assist clients with monthly borrowing base certificates, daily notice of borrowing preparations, and account openings.
• Maintain existing loan portfolio with annual reviews and site inspections for commercial real estate loans.
• Prepare credit memos, loan modification reports, and problem loan reports.
• Perform additional duties as assigned.

Skills

Strong PC skills

Credit analysis

Verbal and written communication

Education

BA/BS in Business or Finance

Job description

EverTrust Bank in Milpitas, CA seeks a Commercial Loan Underwriter to perform financial and credit analysis, prepare credit recommendations, and support underwriting and closing for commercial loans.

You will monitor portfolio performance and assist with monthly reporting, borrower interviews, and documentation to ensure compliance and asset quality while helping grow client relationships.