Job Abstract

Established company in Pasadena, CA is seeking a Commercial Loan Underwriter/Loan Officer on a Direct Hire basis! Pay: $80-100k DOE.

Responsibilities:

• Underwrite new loans and develop new customer relationships.
• 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.

Qualifiications:

• Bachelor degree in Business Administration or Finance is preferred.
• Minimum 10 years of experience in originating and underwriting commercial loans, including commercial term loans, line of credit, and deposit with a track record of business development.
• 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.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.