PCR Business Finance · 16 hours ago
Senior Small Business Loan Underwriter
Los Angeles, CA
Full-time
Hybrid
Senior Level
$41/hr - $48/hr
7+ years expPCR Business Finance is a private, non-profit Community Development Financial Institution focused on community economic development. They are seeking an experienced Senior Small Business Loan Underwriter to analyze, document, and recommend credit and lending services while collaborating with internal teams to complete credit memorandums.
Financial Services
Responsibilities
Credit Analysis: Conduct thorough credit analysis to evaluate the creditworthiness of potential borrowers and recommend appropriate credit and lending services
Loan Package Development: Work closely with loan officers, processing / intake analysts and other team members to create comprehensive and sound credit memorandums that align with organizational credit standards and policies
Product Utilization: Utilize all of the organization's products and services to meet the small business development needs of each client
Collaboration: Collaborate with internal lending team to ensure a cohesive and efficient underwriting process
Reporting: Generate accurate credit memorandums on client loan requests for the Senior Vice President & Chief Credit Officer review and present to the relevant credit committee for loan approval
Qualification
Required
Bachelor's degree in finance, business, or a related field or 7 years of experience in underwriting at comparable non-profit organization or conventional Bank
Proven experience as an Underwriter or in a similar credit analysis role
In-depth knowledge of credit analysis, lending services, and small business development
Familiarity with the products and services offered by community development financial institutions (CDFIs)
Strong analytical and problem-solving skills
Excellent communication and presentation abilities
Ability to work independently and as part of a collaborative team
Understanding of regulatory and compliance requirements in the financial sector
Previous experience reporting to a senior credit officer or executive
Familiarity with regulatory requirements and compliance in credit analysis
Proficient in financial analysis tools and Microsoft Office Suite
Ability to manage multiple tasks and priorities in a dynamic environment
Thorough credit analysis and risk assessment
Strong business development and relationship-building skills
Effective communication and presentation skills
Analytical and problem-solving abilities
Collaboration and teamwork
Company
PCR Business Finance
Founded in 1977, PCR Business Finance (PCR) is a private, non-profit, Community Development Financial Institution (CDFI), as certified by the U.S.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
M. Selena Davis
Senior Vice President/Chief Compliance Officer
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