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Columbia Bank · 1 day ago

Portfolio Manager/Underwriter

San Diego, CA

Full-time

Onsite

Entry, Mid Level

$77K/yr - $139K/yr

2+ years exp

Columbia Bank is seeking a Portfolio Manager/Underwriter to analyze and evaluate customer credit information for Middle Market credit requests. The role involves preparing credit recommendations, monitoring borrower financial performance, and collaborating with Client Solutions Managers and Relationship Managers to meet customer needs.

BankingFinanceFinancial Services

Responsibilities

Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request; presents facts to, and collaborates with, CSMs and Relationship Managers to identify key business and financial risks allowing CSMs and Relationship Manager to derive conclusions, structure loans and support the credit recommendation

Prepare timely, concise and accurate credit recommendations, with normal level of supervision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (aka Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies exceptions (TPE), tracked guidelines exceptions (TGE), procedures and compliance regulations; and (4) accurate loan coding consistent with nature of the borrowing relationship and terms of the credit(s)

Monitor borrower financial performance in line with commercial and/or real estate loan documents; spread financial statements and/or ensures required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentation. Collaborates with CSM to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner

Partner with CSMs and Relationship Managers in customer and prospect calls as appropriate; offers insight into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion tools

Partner with CSMs or Relationship Managers to follow up with customers to obtain all necessary information and clarification on financial analysis materials and resources; ensures customer is approved for all ancillary products

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 Umpqua 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

Qualification

Commercial credit analysisUnderwriting experienceFinancial statement analysisMoody’s Risk AnalystBank credit policiesWritten skillsInterpersonal skillsTeam collaboration

Required

Bachelor's Degree in Business, Finance, Accounting, or other related field or the equivalent in experience

2-4 years of commercial credit analysis or underwriting experience or the equivalent

Demonstrate acceptable completion of Intermediate Accounting classes acquired through an accredited university or college and/or completion of bank credit underwriting training

Proven ability to spread company and personal financial statements, including income tax returns, using Moody's Risk Analyst or other comparable spreading tool; includes knowledge about financial statement structure and business entity types

Basic experience analyzing and monitoring commercial lines of credit and term loans (both secured and unsecured), as well as income property real estate, non-profit lending or other specialty lending types

Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships

Possess excellent written, verbal and interpersonal skills, including documenting effective presentations using Excel, Word or other related software/business tools

Experience working with bank credit policies, procedures, practices and documentation