EverTrust Bank · 7 hours ago
Commercial Loan Underwriter
Arcadia, CA
Full-time
Onsite
Mid Level
$90K/yr - $120K/yr
3+ years expEverTrust Bank is a financial institution seeking a Commercial Loan Underwriter. The role involves assisting in the underwriting process, analyzing borrower information, and ensuring compliance with regulatory requirements.
BankingFinancial ServicesFinTech
Responsibilities
Assist Team Leader/Loan Officers with commercial loan requests including interviewing borrowers to determine credit qualifications and borrowing needs; analyzing borrowers’ information/financial statements, collateral and tax returns to determine ability to pay; conducting forecast analysis, assist in preparing and underwriting credit approvals for review; providing support to calling officers or account representatives and coordinating activity in support of credit approval process
Responsible for ordering loan documentation to evidence debt and to ensure perfection of the bank’s security interests in compliance with regulatory and legal requirements. Assist senior loan officers with review of loan documentation before loan document signing with clients
Responsible for covenant testing for trade finance and asset based lending borrowers to ensure credit worthiness and compliance
Responsible for site inspection (Site Inspection Report), review of Construction Progress Report and recommendation of hard/soft loan draws, transfer and change orders for construction and real estate loans
Responsible for ordering documents with the credit department that relates to underwriting process: TRW, Appraisal reports, Environmental reports, OFAC, Preliminary reports, Title reports, Title Insurance, and Asset Review reports
Responsible for monitoring and updating monthly and weekly portfolio reporting requirement reports, past due reports and weekly pipeline reports
Assist clients with monthly borrowing base certificates, daily notice of borrowing preparations, and account openings
Responsible for maintaining an existing loan portfolio, including annual reviews (DCR and Stress Test) and site inspections for commercial real estate loans
Prepare credit memos, loan modification reports, and problem loan reports
Qualification
Required
BA/BS degree in Business, finance or related field or equivalent experiences
3-5 years of directly related experience
Strong PC skills
Excellent credit and analysis skills
Excellent verbal and written communication skills
Extensive knowledge of credit, spread analysis, finance and lending procedures
Training Courses Required: As required to carry out duties
Company
EverTrust Bank
EverTrust Bank provides banking products and services to individuals and Chinese businesses in California.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2007-03-30Acquired
Leadership Team
Charles Hsieh
President & CEO
Recent News
MacKenzie Capital Management, LP
2025-06-12
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