Umpqua Bank Commercial Underwriter in n/a,
Creates, reviews and evaluates customer credit data for the Commercial Banking division or designated business line.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Analyzes financial data related to new and renewal loan requests, including lines of credit, asset-based lines, commercial real estate, and equipment financing loans.
Presents facts, offers opinions/recommendations to Commercial Relationship Managers (CRM) and Portfolio Managers concerning applicant's credit worthiness.
Prepares summary and/or credit approval report documenting credit analysis and supporting information for credit decision recommendations.
Drafts loan agreements in collaboration with the CRM and Portfolio Manager.
Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness and adherence to approval conditions.
May participate in customer and prospect calls with the CRM and Portfolio Manager, outside calling and other marketing efforts.
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 "The World's Greatest Bank."
May perform other duties as assigned.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
Bachelor's degree in Business, Finance, Accounting, or other related field or the equivalent in experience required.
1-2 years' commercial credit analysis or underwriting experience or the equivalent.
Ability to analyze financial conditions, financial statements, and tax returns.
Ability to understand business relationships and business entity structures.
Previous business or banking experience.
Good written and verbal communication.
Ability to work effectively with individuals and groups.
Proficiency with personal computers and related software packages such as Word and Excel.
Knowledge of credit policies, procedures, practices and documentation.
Must have or will be completing basic accounting classes acquired through an accredited university or college and completion of credit underwriting training.
PHYSICAL AND ENVIRONMENTAL DEMANDS
Work involves sitting, occasional walking, and lifting up to 10 pounds.
Requires close visual acuity.
Normal office environment.
Umpqua Bank is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, protected veteran status, or disability. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.