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The Symicor Group

Commercial Loan Underwriter – To $115K – Los Angeles, CA – Job # 2118

The Symicor Group, Los Angeles, California, United States, 90079


Commercial Loan Underwriter – To $115K – Los Angeles, CA – Job # 2118

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent.The Position

Our bank client is seeking to fill a Commercial Loan Underwriter role in the Los Angeles, CA market. The successful candidate will work closely with Business Loan Advisors to identify and manage the risk of commercial loan requests up to the credit union’s lending limitations. The candidate provides an independent comprehensive analysis of complex ownership structures and cash flow sources for commercial loans and relationships.This position comes with a generous salary of up to $115K and a full benefits package.Commercial Loan Underwriter responsibilities include:Supporting loan and revenue growth through identification and management of risk and identification of alternative lending structures or terms.Preparing and/or updating appropriate financial spreads within credit analysis software in accordance with established credit analysis procedures.Reviewing loan requests submitted through underwriting workflow for completeness and communicating any deficiencies with Business Loan Advisors.Preparing financial models on proposed commercial real estate transactions including submissions for rehabilitation and construction projects.Determining the likelihood of repayment through historical and projected cash flow analysis.Completing the appropriate risk rating model and submitting the finalized recommended risk rating to VP of Credit Risk for approval.Preparing a comprehensive credit memorandum including detailed financial and credit analysis.Conducting in-depth review and analysis of commercial real estate requests to assess the ability of the project to generate income sufficient to repay existing and proposed debt.Finalizing credit package with conditions precedent as needed.Preparing Loan Summary Report and export file for documentation personnel.Attending all departmental meetings prepared to discuss current workflow.Serving as back-up support for other Business Solutions functions on an as-needed basis.Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion.You also bring the following skills and experience:Bachelor’s degree preferred in finance or accounting, with a minimum of four (4) Accounting courses or equivalent experience analyzing tax returns.Five or more years’ experience as a commercial credit analyst.Detail-oriented with the ability to read, understand, and follow Commercial Board Policy.Strong understanding of risk grading policy and application.Self-starter with independent decision-making ability.Excellent verbal and written communication skills.High level of problem-solving skills and sound judgment.The next step is yours. Email us your current resume along with the position you are considering to:

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