Senior SBA Underwriter - Umpqua Bank
NA, CA
About the Job
Senior SBA Underwriter
Commercial Banking
San Diego,
California
NA,
CA
NA,
Arizona
NA,
Colorado
NA,
Idaho
NA,
Nevada
NA,
Oregon
NA,
Utah
NA,
WA
Description
About Us:
Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Role:
Analyzes and spreads financial data related to new and renewal loan requests, including lines of credit, commercial real estate, working capital, equipment financing, loans for business start-ups, and business acquisitions, which typically would require a government guarantee.
+ Presents facts and offers opinions/recommendations to Business Development Officers (BDOs) concerning applicant’s credit worthiness.
+ Prepares summary and/or credit approval report documenting credit analyses and recommendation for credit decision to approving authority.
+ Assists BDOs in gathering details for new loan requests and in processing servicing actions for existing relationships, maintaining contact with clients and resolving issues.
+ Reviews annual financials on existing loans and analyzes the risk associated with the borrower’s financial condition, recommending risk-rating changes when appropriate.
+ Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness and adherence to approval conditions.
+ Follows up with customers to obtain all necessary information and clarification on financial analysis materials and resources.
+ May work with attorneys, the SBA, USDA, and financial or other legal resources to obtain correct and accurate documents to fully protect the financial institution’s interests in the credit relationship.
+ May participate in customer and prospect calls with the BDO.
+ 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.
About You:
+ Bachelor’s Degree or equivalent (must have completed accounting and credit training courses), required.
+ 7-10 yearsof relevant credit analysis or commercial underwriting experience and SBA lendingknowledge, required.
+ Advanced analytical andproblem-solvingskills with prior consumer, and commercial lending experience, wide-ranging and in-depth knowledge of industry practices.
+ Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.
+ Advanced knowledge of credit policies, procedures, practices and documentation.
+ Advanced knowledge of SBA SOP’s.
+ Demonstrated sales skills and business development.
+ Excellent written and verbal communication.
+ Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
+ Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.
Workstyle: Fully onsite.
Travel Type : Occasional.
Our Benefits:
We offer a competitive total rewards package including basewagesand comprehensive benefits. Thepayrange for this role is $90,000.00-$120,000.00,and the pay rate for theselected candidate isdependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The rolemay beeligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefiteligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity :
Umpqua Bank isan equal opportunityand affirmative actionemployercommitted to employing, engaging, and developinga diverse workforce.Allqualifiedapplicants will receive considerationfor employmentwithout regard to race, color,national origin,religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s),please let us know by email: [email protected] .
To Staffing and Recruiting Agencies:
Our posted job opportunities are onlyintendedfor individuals seekingemploymentat Umpqua Bank.Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions.Staffing and recruiting agencies are not authorized to submit profiles, applications,or resumestothis site or toany Umpqua Bank employeeand any such submissionswill be consideredunsolicitedunlessrequesteddirectlyby a member of the Talent Acquisition team.
Commercial Banking
San Diego,
California
NA,
CA
NA,
Arizona
NA,
Colorado
NA,
Idaho
NA,
Nevada
NA,
Oregon
NA,
Utah
NA,
WA
Description
About Us:
Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Role:
Analyzes and spreads financial data related to new and renewal loan requests, including lines of credit, commercial real estate, working capital, equipment financing, loans for business start-ups, and business acquisitions, which typically would require a government guarantee.
+ Presents facts and offers opinions/recommendations to Business Development Officers (BDOs) concerning applicant’s credit worthiness.
+ Prepares summary and/or credit approval report documenting credit analyses and recommendation for credit decision to approving authority.
+ Assists BDOs in gathering details for new loan requests and in processing servicing actions for existing relationships, maintaining contact with clients and resolving issues.
+ Reviews annual financials on existing loans and analyzes the risk associated with the borrower’s financial condition, recommending risk-rating changes when appropriate.
+ Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness and adherence to approval conditions.
+ Follows up with customers to obtain all necessary information and clarification on financial analysis materials and resources.
+ May work with attorneys, the SBA, USDA, and financial or other legal resources to obtain correct and accurate documents to fully protect the financial institution’s interests in the credit relationship.
+ May participate in customer and prospect calls with the BDO.
+ 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.
About You:
+ Bachelor’s Degree or equivalent (must have completed accounting and credit training courses), required.
+ 7-10 yearsof relevant credit analysis or commercial underwriting experience and SBA lendingknowledge, required.
+ Advanced analytical andproblem-solvingskills with prior consumer, and commercial lending experience, wide-ranging and in-depth knowledge of industry practices.
+ Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.
+ Advanced knowledge of credit policies, procedures, practices and documentation.
+ Advanced knowledge of SBA SOP’s.
+ Demonstrated sales skills and business development.
+ Excellent written and verbal communication.
+ Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
+ Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.
Workstyle: Fully onsite.
Travel Type : Occasional.
Our Benefits:
We offer a competitive total rewards package including basewagesand comprehensive benefits. Thepayrange for this role is $90,000.00-$120,000.00,and the pay rate for theselected candidate isdependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The rolemay beeligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefiteligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity :
Umpqua Bank isan equal opportunityand affirmative actionemployercommitted to employing, engaging, and developinga diverse workforce.Allqualifiedapplicants will receive considerationfor employmentwithout regard to race, color,national origin,religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s),please let us know by email: [email protected] .
To Staffing and Recruiting Agencies:
Our posted job opportunities are onlyintendedfor individuals seekingemploymentat Umpqua Bank.Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions.Staffing and recruiting agencies are not authorized to submit profiles, applications,or resumestothis site or toany Umpqua Bank employeeand any such submissionswill be consideredunsolicitedunlessrequesteddirectlyby a member of the Talent Acquisition team.
Source : Umpqua Bank
