Senior Credit Analyst

Columbia Bank; Federal Way (WA); On-site; USD 62,000 - 83,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) retirement plan with employer-m

Paid time off and holidays

Job summary

Columbia Bank is seeking a Credit Underwriter to evaluate and authorize commercial equipment lease credits in alignment with internal policies. The role requires detailed financial analysis, risk assessment, and regulatory compliance to support portfolio health.

Based onsite at the Federal Way location, the candidate will collaborate with Credit and Business Development, review documentation, and provide recommendations for program enhancements while maintaining confidentiality and integrity.

Qualifications

• 5+ years of credit underwriting in commercial lending.
• Familiarity with financial statement spreading tools and risk rating methods.
• Familiarity with vendor/relationship governance agreements.
• Strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.
• Ability to work with all levels of management and maintain confidentiality.

Responsibilities

• Make credit decisions within assigned limits and policies.
• Review credits above limits and recommend actions to credit management.
• Perform financial analysis on vendor/TPO partners for annual reviews.
• Spread financial statements and complete risk rating assessments.
• Coordinate with Credit and Business Development to suggest programmatic changes.
• Ensure compliance with bank regulations and complete required training.

Skills

Credit underwriting

Financial analysis

Risk management

Regulatory compliance

Communication

Problem solving

Education

High School diploma or equivalent

Bachelor’s degree in finance and business

Tools

Microsoft Word

Microsoft Excel

Job description

Established 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

Responsible for credit, equipment and underwriting decisions within assigned limits and consistent with the policies and programs of the company. Conduct financial analysis and periodic relationship performance evaluations based on FinPac’s annual review guidelines.

• Make credit decisions within assigned limits consistent with FinPac and Bank credit policies and guidelines
• Review credits above assigned limit and make recommendations to credit management.
• Review designated programs and perform financial analysis on Vendor/TPO partners as part of annual or periodic performance reviews.
• Spread financial statements, complete risk rating assessments and complete formal credit memos using tools and formats designated by FinPac and/or the bank.
• Act as liaison between Credit and Business Development to evaluate and recommend programmatic changes based on portfolio performance.
• Review program and transaction documentation to assess risk issues and elevate concerns as appropriate.
• Distribute material and explain to underwriting teams updated guidance on portfolio review findings and risk considerations.
• Troubleshoot, analyze and remedy internal issues in a timely and efficient manner within established guidelines.
• 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

• High School graduate or equivalent. Required
• Bachelor’s degree in finance and business. Preferred
• 5+ years Credit underwriting experience in commercial lending, prior equipment finance experience preferred.
• Familiarity with financial statement spreading tools and commercial finance risk rating methods
• Familiarity with end-user documentation and Vendor/relationship governance agreements.
• Adaptable and resourceful, capable of thriving in a fast-paced environment with changing demands.
• Strong analytical and problem-solving skills.
• Highly effective verbal and written communication skills, with strong interpersonal effectiveness and the ability to work with all levels of management.
• Demonstrated accountability and responsibility for independent judgment and successful outcomes.
• Must maintain confidentiality, discretion, and integrity.
• High proficiency with Microsoft tools including Word and Excel

The pay range for this role is $29.80 - $40.00.

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.