Loan Officer/Underwriter (Commercial Loan)

JOB OPENING

LOAN OFFICER/UNDERWRITER

SUMMARY

Loan Officer/Underwriter is responsible for negotiating, underwriting and coordinating the closing of consumer/commercial loans in compliance with the Bank's lending policies and procedures; to develop business checking and deposit relationships with customers; and to promote business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.

DUTIES

• Underwrite new loans and develop new customer relationships.
• Service credit needs of existing and new customers.
• Consult with clients for financial and credit analysis, validate valuations of collateral.
• Coordinate with Loan Originator/Business Developing Officer and prepare loan write-ups for management and loan committee review.
• Assist Business Development Officer/Branch Manager in implementing business plan and marketing strategy to achieve the Bank’s financial objectives and CRA goals.
• Manage existing client relationships/loan portfolios; maintain adequate and complete filing and documentation including annual renewal and regular loan/financial covenants.
• Monitor/review existing account to detect potential problems and suspicious activities; apply problem account administration according to regulations and the Bank’s policies and procedures.
• Cross sell other Bank products and services.
• Provide leadership, training and support to less experienced staff members within the assigned branch’s lending unit.
• Follow the bank’s BSA policy.
• Accept other duties as deemed necessary by the supervisor, credit administration and executive management.

QUALIFICATIONS

Education: Bachelor degree in Business Administration or Finance is preferred.

Experience: Minimum 7 years of experience in originating and underwriting commercial loans, including commercial term loans, construction loans, line of credit, etc. and deposit with a track record of business development.

Skills/ Ability: Extensive knowledge of financial analysis, economic trend, loan origination with business development skills. PC proficient in Word and Excel. Excellent verbal and written communication skills are required. Bilingual (English/Mandarin) is preferred.

Job Type: Full-time

Pay: $80,000.00 - $100,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Experience:

• underwriting: 7 years (Required)

Work Location: In person