Commercial Underwriter

Beach Cities Commercial Bank; Irvine (CA); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

401(k) with company match

PTO & holidays

Tuition rewards program

Job summary

Beach Cities Commercial Bank in Irvine, CA seeks a Commercial Underwriter & Portfolio Monitoring to underwrite Conventional and SBA loans and monitor a diverse loan portfolio. You will spread financials, assess cash flow and collateral, and ensure SBA SOP compliance while coordinating with RMs and operations.

You will prepare credit memos, structure terms, and maintain timely underwriting processes in a fast-paced, onsite office environment.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field (or equivalent work experience).
• 3–7+ years of commercial business credit underwriting experience.
• Minimum 2 years of SBA lending or underwriting experience.
• Strong knowledge of SBA 7(a), 504, SBA Express, and SBA SOPs.
• Experience analyzing commercial financial statements and business tax returns.
• Ability to assess cash flow, debt service coverage, liquidity, leverage, and collateral.
• Excellent analytical, written, and verbal communication skills.
• Strong organizational and time management skills.
• Proficiency in commercial loan origination systems.

Responsibilities

• Analyze and underwrite Conventional loan requests.
• Analyze and underwrite SBA 7(a), 504, Express, and other government-guaranteed loan requests.
• Evaluate and prepare financial spreads of borrower financial statements, tax returns, cash flow, collateral, debt service coverage, and repayment capacity.
• Assess business viability, management experience, industry risks, and market conditions.
• Ensure compliance with SBA SOP requirements, bank lending policies, and applicable federal regulations.
• Author comprehensive credit approval memorandums summarizing risks, mitigants, financial analysis, and loan recommendations.
• Structure loan terms, covenants, reporting & collateral requirements, and guarantor support.
• Proactively contact and interact with borrowers to process loan ticklers, annual reviews and renewals.
• Review personal and business credit reports, appraisals, environmental reports, and third-party due diligence.
• Communicate underwriting decisions and conditions to Relationship Managers and lending partners.
• Collaborate with Loan Closing and Operations teams to ensure loans are documented and funded in SBA compliance.
• Maintain underwriting turnaround times while balancing portfolio quality and customer service.
• Monitor changes to SBA regulations, SOP updates, and internal credit policy.
• Participate in credit committees and provide recommendations regarding loan approvals or declines.
• Support internal audits, quality control reviews, and regulatory examinations.

Skills

Commercial underwriting

SBA lending

Financial analysis

Cash flow modeling

Credit structuring

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Moody's CreditLens

Baker Hill loan systems

Abrigo

nCino

Job description

Job Summary:

The Commercial Underwriter & Portfolio Monitoring role is an on-site position based at our Irvine California HQ office that involves underwriting, spreading, evaluating, analyzing, and monitoring a portfolio ofConventional, Small Business Administration (SBA), and State of California loans in accordance with the Bank credit policy, as well as SBA Standard Operating Procedures (SOP), and regulatory requirements. This role partners closely with Relationship Managers (RMs), Loan Processing, Credit Administration, Management Loan Committee and the Directors Loan Committee to deliver sound credit decisions while supporting business growth and maintaining a high-quality loan portfolio.

Key Responsibilities:

• Analyze and underwrite Conventional loan requests
• Analyze and underwrite SBA 7(a), 504, Express, and other government-guaranteed loan requests.
• Evaluate and prepare financial spreads of borrower financial statements, tax returns, cash flow, collateral, debt service coverage, and repayment capacity.
• Assess business viability, management experience, industry risks, and market conditions.
• Ensure compliance with SBA SOP requirements, bank lending policies, and applicable federal regulations.
• Author comprehensive credit approval memorandums summarizing risks, mitigants, financial analysis, and loan recommendations.
• Structure loan terms, covenants, reporting & collateral requirements, and guarantor support appropriate to identified risk.
• Proactively contact and interact with borrowers to facilitate collection of financials, tax returns, covenant compliance to process loan ticklers, annual loan reviews and renewals.
• Review personal and business credit reports, appraisals, environmental reports, and third-party due diligence.
• Communicate underwriting decisions and conditions to Relationship Managers and lending partners.
• Collaborate with Loan Closing and Operations teams to ensure loans are documented accurately and funded in compliance with SBA guidelines.
• Maintain underwriting turnaround times while balancing portfolio quality and customer service expectations.
• Monitor changes to SBA regulations, SOP updates, and internal credit policy.
• Participate in credit committees and provide recommendations regarding loan approvals or declines.
• Support internal audits, quality control reviews, and regulatory examinations.

Qualifications:

Required

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field (or equivalent work experience).
• 3–7+ years of commercial business credit underwriting experience.
• Minimum 2 years of SBA lending or underwriting experience.
• Strong knowledge of SBA 7(a), SBA 504, SBA Express, and SBA Standard Operating Procedures.
• Experience analyzing commercial financial statements and business tax returns.
• Ability to assess cash flow, global debt service coverage, liquidity, leverage, and collateral.
• Excellent analytical, written, and verbal communication skills.
• Strong organizational and time management skills.
• Proficiency in commercial loan origination systems.

Preferred:

• Formal commercial credit training.
• Experience with Moody's CreditLens, and ideally Baker Hill loan systems, but experience with Abrigo, nCino, or similar underwriting platforms will be considered.
• Knowledge of commercial real estate lending & C&I lending.
• Familiarity with government-guaranteed lending programs beyond SBA.

Knowledge, Skills & Abilities:

• Advanced commercial credit analysis and underwriting skills
• Financial statement analysis
• Cash flow modeling
• Credit structuring
• SBA compliance
• Regulatory knowledge
• Critical thinking and decision-making
• Relationship management
• Problem-solving
• Ability to manage multiple priorities in a fast-paced environment

Key Performance Indicators (KPIs):

• Underwriting turnaround time
• Credit quality and portfolio performance
• SBA compliance accuracy
• Audit and examination results
• Productivity and pipeline management

Working Conditions:

• Onsite business banking environment.
• Standard business hours with occasional overtime to meet production deadlines.
• Frequent collaboration with business bankers, credit administration, loan operations, and senior management.

Compensation:

• Competitive annual base salary (commensurate with experience) estimated to be $110,0000 to $160,000
• Annual performance incentive or bonus eligibility
• Medical, dental, and vision insurance
• 401(k) and company match
• Tuition rewards program
• Paid time off (PTO) and holidays
• Professional development and continuing education opportunities

Company Description:

Beach Cities Commercial Bank (BCCB) is a publicly-traded, technology-forward, customer-focused commercial business bank that blends advanced digital banking capabilities with personalized, relationship-driven service. BCCB offers clients a highly individualized banking experience, pairing the high-tech tools of larger institutions with the attention and care of a local community bank. The bank is committed to forming personal partnerships with clients, actively seeking solutions and addressing complex financial needs. Team members at BCCB contribute to making the customer experience seamless, efficient, and rewarding, while supporting strong financial results for businesses.