Senior Commercial Underwriter

Financial Pacific Leasing, Inc.; Federal Way (WA); On-site; USD 95,000 - 130,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

401(k) with match

Life insurance

Tuition assistance

Paid time off

Job summary

Financial Pacific Leasing, Inc. is seeking a Senior Commercial Underwriter to assess and approve complex C&I lease and loan requests. The role requires strong credit judgment, risk assessment, and collaboration with portfolio managers to structure optimal credit solutions.

The candidate should have 7–10 years of underwriting experience, a bachelor’s degree, and is encouraged to pursue CLFP certification. This position is onsite with opportunities for professional growth within a long-standing

Qualifications

• Bachelor’s degree required; 7–10 years of commercial credit underwriting experience.
• Certified Lease & Finance Professional (CLFP) preferred.
• Advanced analytical and problem-solving skills; strong written and verbal communication.

Responsibilities

• Underwrites commercial and industrial lease and loan credit requests, including renewals.
• Analyzes business, financial data and supporting credit information to determine risk.
• Prepares concise credit recommendations with documentation and risk ratings.
• Mentors junior staff and ensures compliance with bank policies and regulatory requirements.

Skills

Analytical skills

Problem solving

Communication skills

Credit knowledge

Education

Bachelor’s degree

Job description

## Senior Commercial UnderwriterApplylocations: Federal Way, Washington: Tigard, Oregon: Bellevue, Washington: South Jordan, Utah: Los Angeles, Californiatime type: Full timeposted on: Posted Todayjob requisition id: JR103107Established in 1975, Financial Pacific Leasing, Inc. (a subsidiary of Columbia Bank), is a direct provider of small-ticket commercial equipment leases. FinPac originates business through partnering with vendors, third party originators and lessors nationwide. For over 50 years, these partners have relied on Financial Pacific to provide them with innovative financing solutions for their customers.**About the Role:**Underwrites new and renewal Commercial and Industrial (C&I) lease and loan credit requests comprised of equipment financing; most often from moderate-to-complex enterprises with revenues generally greater than $5 million. Collaborates with team members, Commercial Portfolio Managers, Client Solutions Managers, and Commercial Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs.* Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request* Identifies key business and financial risks that may impact the repayment prospects by the borrower* Derives conclusions supporting the credit recommendation based on documented facts and/or sound judgement* Prepare timely, concise and accurate credit recommendations, with limited supervision or revision. 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* Spreads financial statement 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* Collaborate with team members to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner* Partners with team members to offer insights into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion tools* May also offer opinions related to a loan structure’s effectiveness to mitigate risks, appropriate to prevailing competitive market environment and Bank risk tolerances.* Partners with team members in customer and prospect calls as appropriate* May shadow manage a portfolio as part of training and development, with Underwriting Manager approval* May oversee the work of other commercial underwriters or credit analysts, including the timely review of credit reports prepared by other underwriters to ensure a high level of report quality prior to submission for approval; findings to be captured via a standardized Quality Control (QC) Checklist and used to provide guidance and training to underwriters* 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:*** Bachelor’s Degree required* 7-10 years of commercial credit underwriting experience in a lease and loan environment required* Certified Lease & Finance Professional (CLFP) preferred* Advanced analytical and problem-solving skills* Possess excellent written, verbal, interpersonal and presentation skills* Advanced knowledge of credit policies, procedures, practices and documentation* Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience* Ability to train and present to small and large audiences or has the interest in learning to train and present* Demonstrated time management skills, reflecting the ability to juggle multiple tasks simultaneously while delivering work product on time* Ability to work effectively with individuals and groups across the company to manage internal and external customer relationshipsThe pay range for this role is $95,000 - $130,000.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).3455 South 344th Way Suite 300 Federal Way WA 98001 **Our 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.### About Columbia BankAt Columbia Bank, we’re redefining what it means to bank and to build a career. As the West’s premier banking experience, we combine the strength and scale of a leading financial institution with the heart and mindset of a community bank. With more than 350 locations across eight states, we deliver relationship-based service backed by regional expertise and resources that help families and businesses thrive.Our culture is built on **Do RIGHT**, which means:* **Relationships:** We create authentic connections with customers, colleagues, and communities.* **Impact:** Every role here makes a meaningful difference in people’s lives and local economies.* **Growth:** We invest in your success with career development, mentorship, and learning opportunities.* **Heart:** We care deeply about doing what’s best for our customers and each other.* **Trust:** Integrity and transparency guide everything we do.**Why work for Columbia Bank?*** A strong, stable financial foundation with over $67 billion in assets and a diverse portfolio that supports flexibility and opportunity.* A culture of belonging and purpose, where your ideas matter and your work has impact.* Competitive benefits and flexibility designed to help you thrive personally and professionally.* Community engagement that matters, from supporting local businesses to empowering youth through financial literacy initiatives.Ready to **Do RIGHT** for your career, your community, and your future? **Explore opportunities and join Columbia Bank today.**