Credit Underwriter

Bank of the Orient; Millbrae (CA); On-site; USD 80,000 - 120,000; Full time

Job summary

Bank of the Orient is seeking a Credit Underwriter to support loan officers in processing and reviewing credit applications, analyzing borrower creditworthiness, and preparing credit reports. The role requires at least 2 years of underwriting experience across consumer, commercial, construction, or SBA lending, with opportunities to assist in real estate reviews and annual statements.

The ideal candidate will work closely with the Chief Credit Officer to finalize approvals and may participate in

Qualifications

• Minimum 2 years of credit underwriting experience in consumer, commercial, construction and/or SBA lending.
• Assist loan officers in processing and review of credit applications and develop and analyze credit information.
• Prepare accurate summaries, cash flow analyses, and credit reports; present facts and opinions concerning creditworthiness.

Responsibilities

• Analyzes and evaluates creditworthiness of borrowers utilizing Financial and Tax Return Spreads.
• Prepares and summarizes conditions and covenant requirements of borrowers that require bank action.
• Obtains credit reports from agencies, including reporting services, credit bureaus, other financial institutions, and bank files.
• Prepares factual summaries and credit approvals for submission to Chief Credit Officer
• Determines the need for more thorough investigation or additional information contacting appropriate sources for such information.
• Reviews and finalizes the credit approval with the Chief Credit Officer.
• Submits loan proposal to Chief Credit Officer and/or Management Loan Committee for review and approval.
• Assists with the preparation of annual real estate reviews and annual updated financial statements reviews.
• Is familiar with and participates in discussions regarding current banking rules and regulations, trade finance and loan products, and marketing strategy.

Job description

Job Description

Job Description

** Credit Underwriter **

Bank of the Orient is an independent Asian Community Bank that has proudly served the financial needs of multiple Bay Area communities for over 55 years and Texas. We are well known for our commitment to providing the highest level of personal service to our customers; we take a personal interest in our communities' unique banking needs, we are dedicated to providing integrity in banking and financial services, we provide high quality dependable service by being accessible and reliable. We are committed to excellence in everything we do.

We have an opening for a Credit Underwriter - ideal candidate will have min. 2 years plus credit underwriting experience in consumer, commercial, construction and/or SBA lending. Position will work with and provide assistance to loan officers in processing and review of credit applications, developing and analyzing credit information, evaluating the creditworthiness of new and existing clients, and preparing credit reports; and prepares accurate summaries, cash flow analyses, presents facts and may offer opinions concerning creditworthiness.

• Analyzes and evaluates creditworthiness of borrowers utilizing Financial and Tax Return Spreads.


• Prepares and summarizes conditions and covenant requirements of borrowers that require bank action.


• Obtains credit reports from agencies, including reporting services, credit bureaus, other financial institutions, and bank files.


• Prepares factual summaries and credit approvals for submission to Chief Credit Officer


• Determines the need for more thorough investigation or additional information contacting appropriate sources for such information.


• Reviews and finalizes the credit approval with the Chief Credit Officer.


• Submits loan proposal to Chief Credit Officer and/or Management Loan Committee for review and approval.


• Assists with the preparation of annual real estate reviews and annual updated financial statements reviews.


• Is familiar with and participates in discussions regarding current banking rules and regulations, trade finance and loan products, and marketing strategy.

Candidate will be subject to investigation through credit checks, reference checks, background checks and fingerprinting checks performed at the time permissible under relevant law.

Bilingual in Chinses prefer

Visit our website at: www.bankorient.com for additional information.

Bank of the Orient is proud to be an Afffirative Action, Equal Opportunity Employer.