Credit Underwriter

Bank of the Orient; Millbrae (CA); On-site; USD 110,000 - 150,000; Full time

Job summary

Bank of the Orient is seeking a Credit Underwriter to manage a portfolio of loan relationships, underwriting complex secured and unsecured loans, and advising clients on financing solutions. The role requires evaluating financial statements, liquidity, and credit risk to help the bank achieve its lending objectives.

Ideal candidates will have a Bachelor's degree in Finance or Accounting with 3–10 years of underwriting experience, strong communication skills, and the ability to work autonomously.

Qualifications

• Bachelor's degree in Finance or Accounting or related field.
• 3–10 years of experience in credit underwriting of commercial loans.
• Knowledge of real estate secured transactions, valuation methodologies, lending regulations.
• Ability to structure loans that are mutually beneficial to customer and bank.
• Excellent written and verbal communication; strong organizational skills.
• Bilingual in Chinese is a plus.

Responsibilities

• Underwrite a wide variety of complex secured and unsecured loans and lines of credit.
• Analyze financial statements, financial ratios, tax returns, and other documents to evaluate risk exposure and prepare written loan recommendations.
• Prepare loan recommendations that align with bank objectives.
• Process loan applications from branches or BDOs and communicate progress to stakeholders.
• Collaborate with Branch Managers/BDOs to enhance key relationships and assess credit risks.
• Ensure loan delivery to clients is coordinated and preserves customer satisfaction.

Skills

Credit underwriting

Financial analysis

Risk assessment

Communication skills

Attention to detail

Education

Bachelor's degree in Finance or Accounting

Tools

MS Word

Excel

Job description

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.

Currently we are seeking a Credit Underwriter. The successful candidate will be responsible for the maintenance and development of an assigned portfolio of loan relationships. Acts as a consultant to clients and a resource to the bank in developing and retaining business. Will underwrite a wide variety of complex secured and unsecured loans and lines of credit. Analyzes financial statements, financial ratios, tax returns, and other documents to evaluate risk exposure and prepares written loan recommendations that are consistent with bank objectives. In complex situations, may work directly with the client and or the account officer to determine the most appropriate financing solution. Processes loan applications received from assigned branches or business development officers (BDO’s). Corresponds with branch managers or business development officers to communicate progress of application and ultimate action. Provides branch managers or BDO’s accurate and timely advice, explanation, and guidance on loan packaging, pricing, underwriting issues and policies, structuring, and negotiating of new or existing loan requests. Makes joint calls with Branch Manager or BDO’s to enhance key relationships and/or to better assess credit risks in relatively substantial and complex credit requests. Ensures that loan delivery to the client is properly coordinated and communicated with the Branch Managers/ BDO’s to ensure customer satisfaction and goodwill. Works with the Branch Manager to develop, enhance, cross-sell, and to maintain a full-banking relationship with assigned borrowers.

Requires a Bachelor's degree in Finance or Accounting or related field. Three to Ten years of experience in credit underwriting of commercial loans, with a thorough understanding of commercial lending, loan documentation, real estate secured transactions, valuation methodologies, lending regulations, and financial and credit analysis. Ability to use creativity, knowledge, and experience to structure loans in a manner that is mutually beneficial to the customer and to the bank. Must be able to work autonomously to make sound credit decisions and be able to assume an appropriate level of responsibility commensurate with experience. Outstanding written and verbal communication skills. Attention to detail and accuracy in all aspects of work assignments. Strong Organizational Skills with the ability to set priorities and meet deadlines. Intermediate PC skills with MS Word and Excel.

Bilingual in Chinese a plus.

Visit our website at: www.bankorient.comfor additional information.

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