CRE Commercial Underwriter - #19543501

Umpqua Bank


Date: Apr 5, 2021
City: Portland, OR
Contract type: Full time
Umpqua Bank

JOB PURPOSE


Creates, reviews, and evaluates customer credit data for the Commercial Real Estate Division or designated business line.


ESSENTIAL DUTIES AND RESPONSIBILITIES



  • Analyzes financial and commercial real estate data related to new and renewal loan requests primarily for affordable housing construction and permanent 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.

  • Collaborates with CRM to provide documentation for legal counsel to prepare loan documentation.

  • Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness, and adherence to approval conditions.

  • Assists in preparation of ongoing construction monitoring reports, ticklers, and annual term loan reviews.

  • 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, affordable housing conferences, 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.


SUPERVISORY RESPONSIBILITIES


None


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 specifically in the field of Affordable Housing Finance

  • Ability to analyze financial conditions, financial statements, and tax returns for profit and nonprofit businesses.

  • 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 to 10 pounds.

  • Requires close visual acuity.

  • Normal office environment.

  • Occasional travel.


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.

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