Impactful Commercial Credit Underwriter

riverbank group; Spokane (WA); On-site; USD 81,000 - 104,000; Full time

Benefits offered by this job

Paid vacation time (3 weeks)

Sick leave (12 days/year)

Volunteer time off (24 hours)

All bank holidays (40+ paid days/year)

Employer-paid health benefits (medical

401k match after 3 months

Job summary

RiverBank in Spokane, WA is seeking a Commercial Loan Underwriter to join our credit team. This role analyzes, underwrites, and monitors commercial credit relationships, including C&I, owner-occupied and investment real estate, and related facilities.

The successful candidate will assess capacity, cash flow, collateral, guarantor support, and industry risks to develop sound credit recommendations aligned with RiverBank policy and regulatory requirements.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
• Equivalent combination of education and relevant commercial banking experience may be considered.
• Minimum 3 years of commercial credit underwriting, credit analysis, or related commercial banking experience.
• Demonstrated experience underwriting C&I credit facilities, including operating lines, equipment loans, working capital facilities, commercial term debt, and cash-flow transactions.
• Experience with commercial real estate, owner-occupied lending, and community banking preferred.
• Prior experience with SBA underwriting and Loan Programs preferred.

Responsibilities

• Underwrite new, renewed, and modified commercial credit relationships ranging from small business credits to complex middle-market lending opportunities.
• Analyze business and personal financial statements, tax returns, borrowing base reports, cash flow trends, collateral, industry conditions, and global debt service capacity.
• Assess borrower creditworthiness, repayment sources, collateral adequacy, guarantor strength, leverage, liquidity, and industry-specific risks.
• Evaluate and structure credit facilities including working capital lines of credit, equipment financing, commercial term loans, business acquisition financing, and commercial real estate loans.
• Recommend loan structure, pricing, covenants, collateral requirements, guarantor support, approval conditions, and other terms consistent with client needs and RiverBank risk tolerance.
• Identify policy exceptions, documentation deficiencies, compliance concerns, and appropriate mitigating factors.
• Prepare clear, concise, accurate, and well-supported credit presentations, recommendations, and loan approval packages.
• Monitor borrower financial performance, covenant compliance, approval conditions, and overall credit quality.
• Spread and analyze business and personal financial statements and tax returns in accordance with bank guidelines.
• Calculate and verify covenant compliance and communicate exceptions or violations to lending officers for resolution.
• Determine appropriate risk ratings and identify emerging risks within credit relationships.
• Support annual reviews, credit renewals, portfolio monitoring, and ongoing risk assessment activities.
• Identify signs of portfolio deterioration and recommend corrective actions when appropriate.
• Maintain strong knowledge of economic, industry, and market trends affecting commercial borrowers.
• Partner closely with Commercial Bankers, Relationship Managers, Associate Relationship Managers, Credit Administration, and other team members throughout the credit lifecycle.
• May assist production staff with deal structuring and provide guidance during pre-flight reviews of complex transactions.
• Review and clarify financial information necessary for underwriting and portfolio management.
• May participate in customer and prospect conference calls as appropriate to support credit analysis, relationship development, and borrower discussions.
• Serve as a resource for underwriting standards to all staff.
• Contribute to ongoing credit training, underwriting consistency, and best practices.
• Ensure all recommendations comply with RiverBank Loan Policy, regulatory requirements, credit standards, and safe-and-sound banking practices.
• Maintain thorough and complete documentation supporting underwriting conclusions.
• Support loan review, audits, examinations, internal reviews, and special credit projects as needed.
• Complete required training and remain current on regulatory, economic, and industry developments.
• Support consistent portfolio governance and credit quality initiatives.
• Perform other duties as assigned.

Skills

Credit analysis

Financial statement analysis

Cash flow modeling

Credit underwriting

Excel proficiency

Communication skills

Risk assessment

Education

Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field

Tools

Buker's Taxanalysis

Job description

RiverBank in Spokane, WA is seeking a Commercial Loan Underwriter to join our credit team. This role analyzes, underwrites, and monitors commercial credit relationships, including C&I, owner-occupied and investment real estate, and related facilities.

The successful candidate will assess capacity, cash flow, collateral, guarantor support, and industry risks to develop sound credit recommendations aligned with RiverBank policy and regulatory requirements.