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West Coast Community Bank · 4 months ago

VP Underwriter

Santa Cruz, CA

Full-time

Onsite

Mid, Senior Level

$110K/yr - $140K/yr

6+ years exp

West Coast Community Bank is a top-rated community bank focused on serving the banking needs of businesses and individuals in California. The Vice President Commercial Loan Underwriter plays a critical role in managing risk analysis and decision-making for complex commercial loan transactions, ensuring adherence to bank policies and regulatory guidance.

BankingFinancial Services

Growth Opportunities

Responsibilities

Evaluates and examines credit requests in order to assess creditworthiness, risk classification, loan structure, and collateral analysis

Preparing credit approval requests and submitting them for approval by executives and loan committees

Attending training courses, enhancing knowledge of credit and lending topics, and performing industry and/or geographic analysis

Working closely with commercial lenders to ensure accurate and up-to-date credit files. This may include accompanying lenders on site visits and client calls

Contacting clients to request financial information and other documents related to loan requests

Discussing perceived credit weaknesses or potential credit problems with the Underwriting Manager or other lending managers

Reviewing credit requests for conformance to regulatory guidelines and Bank policies

Assessing collateral and other sources of repayment as well as borrower credit history and management ability

Guiding and mentoring Credit Analyst I, Credit Analyst II, and Senior Credit Analyst team members, and documenting procedures; setting standards and best practices among the Credit Analyst group

Attending loan committee meetings and participating in discussions for loan approval

Engaging in and leading special projects pertaining to Credit Administration

Assisting the Underwriting Manager with tasks that relate to improving the Bank’s credit analysis and portfolio management functions

Works closely with Underwriting manager to aide in management of the analyst team to include help with oversight of the established process & procedures, in addition to assisting with active pipeline management and review of other team members work prior to being presented for approval

Performing general clerical duties including filing, copying, data entry and scanning

Qualification

Credit risk assessmentFinancial analysisLending practicesAdvanced analytical skillsCredit productsProficient in MS ExcelCommunication skillsCritical thinkingAttention to detailWork independently

Required

BA Business Administration with a preferred concentration in Finance, Accounting or Economics

Excellent written and verbal communication skills with ability to effectively convey information across the bank and also with executive management, regulators and vendors

Critical thinking and independent judgment in credit and lending decisions

Advanced analytical skills and ability to create meaningful credit reports using Excel

Thorough knowledge of credit products and typical lending software

Ability to enter information into financial software and bank systems with a very high level of accuracy and attention to detail

Strong understanding of accounting and finance topics and familiarity with financial statements and tax returns

Proficient in the use of personal computers and software programs, such as MS Excel, MS Word and Adobe Acrobat, as well as other programs specific to the banking industry

Ability to work effectively at a fast pace with competing interests and due dates, while maintaining accuracy timely turnaround time on credit requests

Proficient in bank software and core systems

Familiarity with typical loan documents such as borrowing base certificates, real estate appraisals, covenant compliance certificates, etc

Ability to complete tasks with minimal supervision and independently solve complex issues