Company: Tri Counties Bank
Location: Walnut Creek
Posted on: June 6, 2021
Check out why Tri Counties Bank has been successful for over 45
years...could be the best career move you ever make.
The Commercial Underwriter underwrites commercial business, real
estate, agriculture, and SBA 504 loan requests. The underwriter
analyzes financial information, recommends loan actions, and
approves loan requests within his or her authority as assigned.
Analyzes commercial loan applications and renewals and determines
credit worthiness and appropriate grading for consideration of the
loan request. Assists the sales staff to maximize the cross sales
effort as the loan request is being processed. Prepares loan for
legal documentation and monitors the closing process. Follows for
timely renewals, reporting requirements, compliance and
- Analyzes commercial loan applications received by Relationship
Managers to determine eligibility of request. Provides prompt
turnaround time upon request. Confers with Relationship Managers to
determine client needs and discuss options for borrowers. Requests
any additional information needed to complete processing and
periodically attends client meetings to provide credit expertise.
Approves or declines commercial loan requests within assigned
limits. Recommends credit approval requirements including the
establishment of financial performance covenants, monitoring
requirements, and other loan provisions and ensures accurate
grading of new and existing credits based on analysis.
- Coordinates the credit approval process, evaluates repayment,
and mitigates risk.
- Analyzes key factors such as industry, management, and economic
- Provides assistance and exceptional sales support to all sales
staff in answering questions relating to commercial loans.
- Assures the customer loan request is processed accurately and
timely. Coordinates with appraisal department and escrow companies
for secured loan products.
- Orders business credit reports and personal credit reports on
- Coordinates compliance, decline letter preparation and
maintenance of adverse action database.
- Maintains a log of maturing lines and coordinates renewal
process to ensure that necessary information is received prior to
- Monitors past due loans for assigned portfolio(s) and
recommends action to sales staff or contacts customers directly, as
appropriate. Maintains a log of pending action or resolution for
past due loans.
- Assists Relationship Managers as needed in the preparation of
Interim Credit Reports and Real Estate Update Memos.
- Maintains a current understanding of Bank underwriting
guidelines, procedures, policies and compliance issues. Maintains a
working knowledge of regulatory requirements for documentation and
regulations relating to commercial lending.
- Maintains a current understanding of Bank policies and
procedures in compliance with all federal and state laws, including
but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information
Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse
Reporting, and any other applicable regulations that may be
specific to your job duties.
- Inputs application and financial information.
- Performs Commercial Credit Officer duties in their absence as
- Performs other work-related duties as assigned.
- Orders the preparation of loan documentation and reviews for
- May be asked to provide formal or informal training and support
to various colleagues within the bank and across multiple job
functions with regard to credit fundamentals, policy, and
underwriting techniques and guidelines.
- Assists Commercial Loan Supervisor in the development and
completion of special projects, spreadsheets, graphs, and reports
EDUCATION, EXPERIENCE AND OTHER SKILLS REQUIRED
- High school diploma or GED required.
- Undergraduate degree in Finance, Business Administration or
Accounting, or related work experience preferred.
- Three years' experience in a small business/commercial lending
- Established knowledge of financial accounting theory and logic,
loan structuring, commercial products and services.
- A proven ability to interpret and discuss analytical data and
make credit recommendations to Senior Management and/or Risk
Management on strategic issues or initiatives.
- Excellent organizational skills with efficient work demeanor
that allows involvement in multiple areas.
- Ability to utilize personal computers, and Windows-driven
programs, with an emphasis on the Microsoft Office suite of
applications, specifically Word and Excel.
- Ability to complete a high volume of work efficiently and with
- Excellent verbal and written communication skills.
Commercial Underwriter II - Above plus the following: Five years
of proven experience in a small business/commercial lending
environment. Must have substantial experience in small
business/commercial lending and credit analysis. Must have a
thorough understanding of commercial financial statements and an
ability to communicate with commercial business owners. Must be
able to analyze financial information, prepare cash flow and ratio
analysis. Must have experience in loan recommendations and provide
a concise loan write up. Experience in statistical portfolio
management. Ability to supervise in manager's absence. Possess
leadership abilities in a team environment and provide project
leadership. Serves as a product specialist and a technical
consultant to branches and sales staff and provides assistance and
exceptional sales support in answering questions relating to small
business/commercial loans. Provides guidance to the Commercial
Underwriter I when appropriate and recommends appropriate loan
structure when presented with loans for approval. Assists the
Commercial Loan Supervisor in identifying training needs for staff
within the department.
Commercial Underwriter III - Above plus following: Demonstrated
ability to interpret and underwrite the most complex commercial
credits in the Bank with minimal guidance or oversight, seven years
of experience. Subject matter expert across a broad range of credit
topics including financial statements and cash flow analysis, the
regional commercial real estate market, and working capital
finance. Track record of appropriately utilizing credit approval
authority to make sound credit recommendations on complex
commercial credits in line with the Bank's credit culture, policies
and procedures. Will serve as team leader for respective regional
commercial underwriting group and in various departmental and bank
wide projects. Must have ability to train and mentor junior credit
personnel. Expert user of Bank systems, software, and third-party
vendor platforms. Ability to perform primary relationship
management or credit administrator functions in place of
Relationship Managers and Commercial Loan Supervisors.
Established in 1975, Tri Counties Bank is a wholly-owned
subsidiary of TriCo Bancshares (NASDAQ:TCBK) headquartered in
Chico, California, providing a unique brand of customer Service
with Solutions available in traditional stand-alone and in-store
bank branches in communities throughout Northern and Central
The Bank provides an extensive and competitive breadth of
consumer, small business and commercial banking financial services,
along with convenient around-the-clock ATM, online and mobile
Tri Counties Bank has remained strong and profitable through a
top-down commitment to its core values, sound business principles
and responsible lending practices.
Our success is also based on our involvement in the communities
we serve. The personal touch comes naturally to Tri Counties
Bankers. You may recognize us at business, school and non-profit
events, baseball games and local eateries, skiing in the mountains,
boating on the lakes, and fishing the local streams or attending an
event in The City or on the peninsula.
Keywords: Tri Counties Bank, Walnut Creek , Commercial Underwriter, Other , Walnut Creek, California
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