Senior CRE Underwriter: Complex Property Loans

Fremont-Bank; Livermore (CA); On-site; USD 115,000 - 145,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer match

ESOP

Paid holidays

Job summary

Fremont Bank in Livermore, CA seeks a Senior Commercial Underwriter to lead underwriting of complex CRE loans, balancing risk and profitability in line with policy and community goals. The role requires analyzing financial statements, appraisals, rent rolls, and environmental reports; preparing credit memos; mentoring staff; and supporting audits and regulatory exams.

A bachelor’s degree and 5+ years CRE underwriting are required.

Qualifications

• Bachelor’s Degree or equivalent experience.
• Minimum five years of commercial real estate underwriting experience.
• Knowledge of the Bay Area real estate market.
• Strong proficiency in spreading financials in related software.
• Working knowledge of bank regulations, risk rating systems, and loan documentation.
• Excellent written and verbal communication.
• Adapt to preferred communication style of internal stakeholders and external borrowers.
• Strong attention to detail with scalable analysis based on credit strengths and weaknesses.

Responsibilities

• Underwrite and analyze a broad range of complex CRE loans, including owner and non-owner occupied properties.
• Assess borrower creditworthiness by analyzing business and personal financial statements, tax returns, rent rolls, operating statements, and appraisals.
• Review environmental, seismic, and other third-party reports and summarize conclusions.
• Prepare and present clear credit memos with risk identification and recommendations.
• Collaborate with sales partners to structure loan terms that meet borrower needs while mitigating bank risk.

Skills

Commercial real estate underwriting

Bay Area real estate market knowledge

Financial statement analysis

Excellent communication

Attention to detail

Education

Bachelor’s Degree or equivalent experience

Tools

Spreading financials software

Job description

Fremont Bank in Livermore, CA seeks a Senior Commercial Underwriter to lead underwriting of complex CRE loans, balancing risk and profitability in line with policy and community goals. The role requires analyzing financial statements, appraisals, rent rolls, and environmental reports; preparing credit memos; mentoring staff; and supporting audits and regulatory exams.

A bachelor’s degree and 5+ years CRE underwriting are required.