Senior Commercial Underwriter – SBA & Portfolio, Irvine

Beach Cities Commercial Bank; Irvine (CA); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

401(k) with company match

PTO & holidays

Tuition rewards program

Job summary

Beach Cities Commercial Bank in Irvine, CA seeks a Commercial Underwriter & Portfolio Monitoring to underwrite Conventional and SBA loans and monitor a diverse loan portfolio. You will spread financials, assess cash flow and collateral, and ensure SBA SOP compliance while coordinating with RMs and operations.

You will prepare credit memos, structure terms, and maintain timely underwriting processes in a fast-paced, onsite office environment.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field (or equivalent work experience).
• 3–7+ years of commercial business credit underwriting experience.
• Minimum 2 years of SBA lending or underwriting experience.
• Strong knowledge of SBA 7(a), 504, SBA Express, and SBA SOPs.
• Experience analyzing commercial financial statements and business tax returns.
• Ability to assess cash flow, debt service coverage, liquidity, leverage, and collateral.
• Excellent analytical, written, and verbal communication skills.
• Strong organizational and time management skills.
• Proficiency in commercial loan origination systems.

Responsibilities

• Analyze and underwrite Conventional loan requests.
• Analyze and underwrite SBA 7(a), 504, Express, and other government-guaranteed loan requests.
• Evaluate and prepare financial spreads of borrower financial statements, tax returns, cash flow, collateral, debt service coverage, and repayment capacity.
• Assess business viability, management experience, industry risks, and market conditions.
• Ensure compliance with SBA SOP requirements, bank lending policies, and applicable federal regulations.
• Author comprehensive credit approval memorandums summarizing risks, mitigants, financial analysis, and loan recommendations.
• Structure loan terms, covenants, reporting & collateral requirements, and guarantor support.
• Proactively contact and interact with borrowers to process loan ticklers, annual reviews and renewals.
• Review personal and business credit reports, appraisals, environmental reports, and third-party due diligence.
• Communicate underwriting decisions and conditions to Relationship Managers and lending partners.
• Collaborate with Loan Closing and Operations teams to ensure loans are documented and funded in SBA compliance.
• Maintain underwriting turnaround times while balancing portfolio quality and customer service.
• Monitor changes to SBA regulations, SOP updates, and internal credit policy.
• Participate in credit committees and provide recommendations regarding loan approvals or declines.
• Support internal audits, quality control reviews, and regulatory examinations.

Skills

Commercial underwriting

SBA lending

Financial analysis

Cash flow modeling

Credit structuring

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Moody's CreditLens

Baker Hill loan systems

Abrigo

nCino

Job description

Beach Cities Commercial Bank in Irvine, CA seeks a Commercial Underwriter & Portfolio Monitoring to underwrite Conventional and SBA loans and monitor a diverse loan portfolio. You will spread financials, assess cash flow and collateral, and ensure SBA SOP compliance while coordinating with RMs and operations.

You will prepare credit memos, structure terms, and maintain timely underwriting processes in a fast-paced, onsite office environment.