VP, Corporate Asset Finance Underwriter

Pacific Western Bank; Chicago, Northern (IL, KY); Hybrid; USD 102,000 - 170,000; Full time

Benefits offered by this job

401(k) matching plan

Comprehensive health insurance

Paid time off & holidays

Tuition reimbursement

Job summary

Banc of California, Inc. is seeking a VP Underwriter in Chicago, IL to perform analysis, due diligence and underwriting of proposed new loan requests for Community/Commercial Bank and Corporate Asset Finance. You will prepare credit presentations, evaluate credit worthiness, and create CAR reports for approval.

Strong financial analysis and communication skills are essential. The role involves modeling income statements, balance sheets and cash flows, coordinating with Relationship Managers, and

Qualifications

• Highschool Diploma or equivalent is required.
• 6-8+ years of underwriting experience in real estate, construction and commercial financing including valuation and asset management and financial analysis.

Responsibilities

• Independently evaluates and structures complex credit requests within various lending types for C&I and other industries.
• Prepares analysis of financial statements for privately held, publicly held, and Sponsor-owned companies.
• Develops CAR reports and ensures consistency between LOI, loan documents, and the CAR.
• Reviews documents related to loan requests including UCC filings, appraisal reports, leases, and credit reports.

Skills

Underwriting experience

Real estate financing

Financial analysis

Excel

Moody's

Effective communication

Time management

nCino

Education

Bachelor's degree

Tools

Moody's

nCino

Job description

Banc of California, Inc. is seeking a VP Underwriter in Chicago, IL to perform analysis, due diligence and underwriting of proposed new loan requests for Community/Commercial Bank and Corporate Asset Finance. You will prepare credit presentations, evaluate credit worthiness, and create CAR reports for approval.

Strong financial analysis and communication skills are essential. The role involves modeling income statements, balance sheets and cash flows, coordinating with Relationship Managers, and