VP C&I Commercial Underwriter 1

Location:  Las Vegas, NV  (Relocation package available)

Job Code:  RCL482

As a Commercial Underwriter 1, you’ll be responsible for underwriting loan requests and renewals for working capital lines of credit, owner-occupied commercial real estate loans, term loans, formula-based lines of credit, traditional asset-based lines of credit and other Bank lending products. You will build internal relationships by working with lending officers on credit matters. One of your key responsibilities is to review the loan structure, financial spreads, entity structures, collateral, market data and reports to understand inherent risks and prepare a recommendation to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual reviews.

Analyze and interpret business financial statements and tax returns to determine financial trends, identify risks and weaknesses, and mitigating factors.

Compute traditional and UCA cash flow.

Analyze personal financial statements and tax returns.

Analyze credit reports.

Analyze loan requests and determine the proper loan structure.

Analyze collateral such as accounts receivable, inventory, equipment, real property.

Analyze industries for relevant trends and determine the likely impact on business applicants.

Correctly apply loan policy and identify exceptions.

Synthesize analysis to properly risk rate credits.

Communicate analysis in well written and thorough loan presentations.

Basic Responsibilities:

Gathers and analyzes all information necessary to present a financing request to senior management or Loan Committee for approval.

Spreads financial statements and tax returns into appropriate analysis software.

Reviews and researches proposed collateral, including review of real property appraisals, UCC-1 filings, etc.

Summarizes credit analysis in loan presentations and other credit documents.

Prepares other reports as required by Credit Administration.

Provides loan account risk ratings based on Bank policy and grading procedures.

Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.

Understands business implications of decisions, displays orientation to profitability, demonstrates knowledge of market and competition and aligns work with strategic goals

Assures compliance with all Bank policies and procedures, as well as all applicable, state and federal banking regulations.

Consistently applies good decision making techniques pertaining to inquiries, approvals, and requests as they apply to existing policies and procedures

Maintains strict confidentiality of all records and data received and produced

Follows policies and procedures, completes administrative tasks correctly and on time, supports the Bank’s goals and values, benefits the bank through outside activities

Continues formal and informal training to build upon credit analysis skills.

Additional Responsibilities:

May meet with existing or potential customers

May perform onsite property and business inspections

May make presentations to Credit Administration and Loan Committee

Requisite Skills:

Excellent written and verbal communication

Proficient in office equipment such as computers, copiers, etc.

Proficient with basic office software applications such as Word and Excel

Preferred Skills:

Proficient with business financial spreading software (e.g. Risk Analyst, Credit LensTM)

Proficient with personal tax return spreading software (e.g. Paul Buker’s Tax AnalysisTM)

Qualifications:

Bachelor’s degree (BA or BS) from a four (4) year college or university that includes accounting, economics, and finance emphasis, and

1-3 years of related experience

Knowledge and training in financial statement and tax return analysis, typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas

Knowledge and training in all lending activities and terminology

Knowledge of commercial, construction, real estate and consumer loan processing

Knowledge of loan documentation such as notes, security agreements, loan agreements, guaranties, etc.

Knowledge of related state and federal lending and compliance regulations, and other Bank lending policies

Current state driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities

Estimated salary range (DOE):  $90K to $130K plus bonus, medical, dental, vision, life, vacation, 401K.

Email resume in MS/Word format to Resume@Bankers-Search.com

Or contact us at 310-823-1400