Senior Commercial Underwriter na Columbia Credit Union

About Columbia Credit Union

Columbia CU is a full-service financial institution with $2.3 billion in assets, over 100k members and we pride ourselves in our commitment to “Making Life Better” in the communities we serve.  Since 1952, our commitment toward “Making Life Better” has earned us accolades and we are honored to be the recipient of several local community recognitions:

• Best of Clark County Award / The Columbian:  2008-2024
• Best in Business Award / Vancouver Business Journal: 2013-2024
• Corporate Philanthropy Award / Portland Business Journal:  2017-2024

Columbia CU Guiding Principles

Vision: The most trusted, respected, and sought-after financial institution, providing innovative solutions and support for our employees, members, and communities we serve.

Mission: Bringing people together to make life better for themselves and their communities. 

Value Proposition: Earning your trust with knowledgeable people and digital options so you can bank “Columbia” how and when you want.

Leadership Philosophy: Leaders at Columbia CU inspire enthusiasm and accountability that drive our mission. Leaders build engagement and communicate honestly and openly. By rallying everyone around our shared vision, Leaders model and expect the best from individuals and teams.

Core Values

People - We have a passion for helping each other and our members.

Community - We have a passion for contributing to the success and growth of the communities we serve.

Financial Wellness - We have a passion for providing the financial education, tools and assistance that create financial wellness and stability for our organization, each other, our members and the communities we serve.

Benefits

• 100% paid Medical, Dental, Vision for employee - eligible the 1st of the month following hire date
• Accrued PTO, Paid Sick Time, Accrued Extended Sick Time and 11 Paid Bank Holidays
• 401k Match- 100% match up to 6% employee contribution
• A hybrid or fully remote home office option can be considered in Washington or Oregon areas only AND only after all work from home requirements are met. On site visits are still required a few times a year to Vancouver, WA area. 
• Tuition Assistance
• And More!

About The Role

Completes credit analysis and writes credit request presentations for new loans, loan renewals, and periodic reviews, as well as other related activities, for Commercial & Industrial and Commercial Real Estate transactions. This position requires advanced understanding of GAAP principles, credit risk analysis, and a wide variety of loan types. The Senior Commercial Underwriter must independently ensure timely, accurate presentations are completed in accordance with expectations.

This position will communicate frequently with Senior Management officers, business or professional representatives from outside groups, agencies, and organizations.   

RESPONSIBILITIES  

• Complete analysis process by creating final Credit Request for presentation to credit approvers.
• Document and support the recommendation for all requests analyzed, inclusive of material elements of risk and opportunity, structure, terms, pricing and loan grade.
• Perform analysis of financial information provided by Borrowers and Guarantors and produce clear and concise assessments of cash flow, financial position and resilience, strength of balance sheets, quality of collateral, and industry/market risks based on financial reports of varying quality and sophistication.
• Based on analysis conclusions, assign risk rating for proposed loan in line with established internal and external rating processes with a clear monitoring strategy for loan requests.
• Evaluate risk rating, loan purpose, borrower financial position, and collateral quality, to determine compliance of loan structure and pricing with established institutional risk tolerances and yield goals to recommend improvements to loan structure and monitoring, as appropriate.
• Identify any NCUA or DFI regulatory exceptions and eliminate them in partnership with the Relationship Manager and assigned staff prior to submission of a credit presentation for approval.
• Responsible for required monitoring functions for the Commercial Loan portfolio, including compliance with reporting and financial indicator covenants, loan modifications, maturing loans, and annual reviews.
• Maintain sound communications with manager and MBL officers regarding current work status, developing complications and discussion of suggestions when needed.
• Participate as requested in loan officer business development calls, pre-flight needs and research meetings with members.
• In coordination with assigned staff, assist Relationship Managers in the submission of third-party assessment orders (appraisals, environmental evaluations, collateral examinations, business valuations, etc.) consistent with the informational needs to complete collateral analyses needed for credit requests.
• Actively participates in all internal and external audits by assembling all requested information and files and providing answers to audit questions to the appropriate credit union personnel.
• Perform various business-related duties such as answering phones, filing and recordkeeping, coordinating meetings, etc.
• Pursue additional learning opportunities through active reading on topics impacting the industries we lend in, regulatory changes, and skills development topics.
• Actively participate in staff meetings by suggesting productivity improvements and being proactive in problem resolution.
• Participate in department activities that enhance the work efforts and achievement of department and credit union goals.
• Contribute to department by taking the initiative to assist co-workers.
• Exercise effective judgment in decisioning loans within the assigned lending authority. For requests outside of these limits, document sound conclusions for approval recommendations provided to the VP Credit Risk.

REQUIREMENTS 

• Bachelor’s degree in finance, accounting, or related field or equivalent years of experience.
• 5+ years of commercial underwriting or business lending experience.
• Strong analytical skills and attention to detail, with ability to manage complex credit requests independently.
• Ability to work in a team environment by accurately and satisfactorily completing work assignments with limited supervision.
• Understand, explain, and recommend loans of varying complexity.
• Demonstrated skills in handling complex work assignments in various banking functions.
• Effective written and verbal communication skills to work successfully with the public (non-experts), as well as other employees.
• Proficient with Microsoft Office (Word, Excel, Outlook, Etc.) and financial and/or tax analysis programs (e.g. nCino, Moody’s, etc.).

COMPENSATION

$105,000-$115,000/ year

Columbia Credit Union follows all required COVID 19 health protocols

Equal Opportunity Employer/AA

Must be 18 or older to apply