Senior CRE Underwriter
MidFirst Bank · Los Angeles Metropolitan Area · 3 wk ago
On-siteFinance$120k–$170k/yrFull-time
Responsibilities
- Assist and participate in the underwriting of all types of commercial real estate loans in accordance with the Bank's credit policies and procedures.
- Prepare accurate, objective, and cogent credit write-ups based upon in-depth analysis of financial data within established time frames.
- Provide commercial loan underwriting of all types of commercial loans in accordance with the Bank's credit policies and procedures.
- Prepare comprehensive Credit Memorandums on loan transactions for approval with appropriate supporting information including loan structure/pricing analysis, borrower history/experience assessment, historical and projected financial statements spreadsheets, tax return analysis, credit report review, collateral evaluation, and repayment/risk analysis.
- Aid Relationship Managers in determining levels of interest for new credit opportunities and in structuring new credits to be submitted for approval.
Requirements
- Bachelor's degree is required, preferably in a business related field.
- Minimum of 5 years of commercial underwriting experience, preferably with CRE banking transactions.
- Must have knowledge of financial and tax accounting, general underwriting, and analytical skills as wells as knowledge of credit risk principles.
- Strong oral and written communication skills are required.
- Strong problem solving skills/solution-oriented.
- Highly organized and Self-motivated.
- Thrives in fast-paced environment and contributes to team structure.
- Experience with managing and multi-tasking while assessing priorities and managing time effectively.
- Excellent writing and communication skills.
- High attention to detail.
- Proficiency in Microsoft Office suite – Word, Outlook, Excel.
Benefits
- The bank offers a comprehensive benefits package including medical, dental, and vision coverage.
- Paid holidays, vacation, and sick leave.
- A 401(k) plan.
Pay
Salary Range: $120,000.00 - $170,000.00. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
Schedule
Hours of paid leave may vary based on position.