Senior Commercial Underwriter

Oregon Community Credit Union; Eugene (OR); Remote; USD 100,000 - 125,000; Full time

Job summary

A regional credit union is seeking a Senior Commercial Underwriter to handle analytical and underwriting functions related to business loans. The position is remote and requires a minimum of two years' experience in commercial credit underwriting, alongside strong analytical and critical thinking skills. A bachelor's degree or equivalent qualification is necessary. This role offers competitive pay and a comprehensive benefits package.

Benefits

Low-cost medical, dental, and vision insurance

401(k) with employer match

Paid time off and holidays

Tuition reimbursement

Company-paid long-term disability

Qualifications

• Minimum of two years' experience in commercial credit underwriting.
• Strong analytical and critical thinking abilities.

Responsibilities

• Analyze financial documents related to business loan requests.
• Prepare credit requests and participate in Business Loan Committee presentations.
• Gather financial and collateral information for analysis.

Skills

Analytical thinking

Critical thinking

Education

Bachelor’s degree in business, finance, accounting, or related field

Job description

OCCU, a member-owned credit union based in Eugene, Oregon, is guided by its vision to Enrich Lives. This vision shapes every action, aligning the team with a greater sense of purpose. With each interaction, OCCU strives to positively impact individuals and communities. The values of tenacity, humility, and big-heartedness are central to OCCU's commitment to putting members first.

The position is remotein Oregon, Washington or Idaho, with starting pay from $43.00- $53.75 per hour.

The Senior Commercial Underwriter carries out analytical, technical, underwriting, and portfolio management functions related to business loan activities. They examine financial documents tied to business loan requests to identify pertinent underwriting factors. Their responsibilities include analyzing potential business loan borrowers to determine relevant underwriting factors such as income trends, quality of management, industry trends, potential risks, and collateral type and valuations. They also prepare various credit requests, including the results of credit analysis and a summary of loan requirements with recommendations. Additionally, they actively participate in Business Loan Committee presentations, deliver timely and accurate information for decision-making, and interact with borrowers or other appropriate sources to gather financial, operating, and/or collateral information continuously for analysis and monitoring purposes.

Applicants must have a minimum of two years' experience in commercial credit underwriting. Essential skills include strong analytical and critical thinking abilities. A bachelor’s degree in business, finance, accounting, or a related field, or equivalent qualifications, is required.

An equivalent combination of experience and education that demonstrates the knowledge, skills and abilities required for the position will be considered in lieu of the outlined requirements.

OCCU offers a comprehensive compensation and benefits package, including low-cost medical, dental, and vision insurance, a 401(k)-retirement plan with employer match, paid time off in addition to 12 paid holidays, tuition reimbursement for eligible education and training, and company-paid long-term disability.

OCCU is an Equal Opportunity Employer, and qualified candidates are encouraged to apply online by submitting their resume and cover letter detailing their qualifications and experience.