Commercial Underwriter

Columbia Banking System; Salem (OR); On-site; USD 62,000 - 100,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) plan

Tuition assistance

Job summary

Columbia Bank in Salem, OR is seeking a Credit Analyst to analyze and evaluate customer credit information for C&I and CRE requests, including working capital lines, asset-based lines, and real estate loans. You will collaborate with Commercial Portfolio Managers, CSMs and Relationship Managers to prepare timely, high-quality credit recommendations.

The role requires 2-4 years of commercial credit underwriting experience; spread financial statements, use Moody's Risk Analyst, and ensure

Qualifications

• Experience analyzing and underwriting commercial credit requests.
• Ability to spread financial statements and assess risk.
• Knowledge of risk rating models and bank policies.

Responsibilities

• Assess business, industry, and financial data for credit requests.
• Prepare concise credit recommendations for approval.
• Monitor borrower performance and covenant calculations.
• Collaborate with Portfolio Managers, CSMs, and Relationship Managers.

Skills

Credit analysis

Spreading financials

Moody's Risk Analyst

Communication skills

Tools

Moody's Risk Analyst

Job description

About the Role:Analyzes and evaluates customer credit information for new and renewal C&I and CRE credit requests comprised of working capital lines of credit, asset-based lines of credit, commercial real estate loans (Owner Occupied and Investor) and equipment financing; most often from simple to moderately complex enterprises . Collaborate with other team members ({Commercial Portfolio Managers, Client Solutions Managers (\"CSMs\") and Commercial Relationship Managers) to prepare timely, high quality and concise credit recommendations needed to obtain credit approval and meet customer needs.Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request; presents facts to, and collaborates with, Portfolio Managers, CSMs and Commercial Relationship Managers to identify key business and financial risks allowing Portfolio Managers, CSMs and Commercial Relationship Manager to derive conclusions, structure loans and support the credit recommendation.Prepare timely, concise and accurate credit recommendations, with normal level of supervision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (aka 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 exceptions (TPE), tracked guidelines exceptions (TGE), procedures and compliance regulations; and (4) accurate loan coding consistent with nature of 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 and/or ensures required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentation. Collaborates with Portfolio Manager/CSM to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner.Partner with Potfolio Managers, CSMs and Commercial Relationship Managers in customer and prospect calls as appropriate; offers insight into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion tools.Partner with Portfolio Managers, CSMs or Commercial Relationship Managers to follow up with customers to obtain all necessary information and clarification on financial analysis materials and resources; ensures customer is approved for all ancillary products.Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.May be asked to coach, mentor, or train others and teach coursework as subject matter expert.Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.Takes personal initiative and is a positive example for others to emulate.Embraces our vision to become “Business Bank of Choice”.May perform other duties as assigned.About You:EducationExperience2-4 years — of commercial credit analysis or underwriting experience or the equivalent. (Required)SkillsIntermediate Accounting skills and knowledge.Proven ability to spread company and personal financial statements, including income tax returns, using Moody’s Risk Analyst or other comparable spreading tool; includes knowledge about financial statement structure and business entity types.Basic experience analyzing and monitoring commercial lines of credit and term loans (both secured and unsecured), as well as income property real estate, non-profit lending or other specialty lending types.Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.Possess excellent written, verbal and interpersonal skills, including presentation skills.Experience working with bank credit policies, procedures, practices and documentation.Proficiency with personal computers and related software packages such as Word, Excel, PowerPoint, and other business machines.Travel RequirementsOccasionalThe pay range for this role is $62,000.00 to $100,000.00.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, and 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.Primary Location: Ability to work fully onsite at posted location(s).301 Church Street Salem OR 97301Our Benefits:We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, 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.Our Commitment to Diversity: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 applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [e-mail] .To Staffing and Recruiting Agencies:Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.