Commercial Underwriter
RadNet, Inc., Newport Beach, CA, United States
Newport Beach, California, United States
About This Role The Commercial Banking Underwriter serves as a critical control within the bank’s credit risk management framework and is responsible for the independent risk assessment of commercial loan requests. The bank is hiring two (2) Commercial Underwriters, with one role supporting Commercial Real Estate (CRE) lending and one supporting Commercial & Industrial (C&I) lending.
In this role, the underwriter provides objective evaluation of creditworthiness by preparing comprehensive credit memoranda that identify risk factors, exceptions to credit policy, and recommendations for credit decisions.
These two (2) positions are posted as a Commercial Underwriting role; however, candidates with more advanced commercial underwriting experience may be considered for placement into a Senior Commercial Underwriter role based on qualifications, experience, and demonstrated proficiency.
In this Role You Will
Prepare objective underwriting analysis for commercial loan requests including new loans, renewals, extensions, and modifications
Exercise independent judgment to assess the creditworthiness of loan requests, including analyses of borrowers, guarantors, and collateralIdentify transaction risks and propose mitigants to ensure alignment with the Bank’s risk appetite
Actively participate in the deal team, collaborating with Relationship Managers, Portfolio Managers, and Regional Credit OfficersProvide well-supported recommendations to arrive at credit decisions
Participate in training to increase proficiency as part of professional development
Perform other duties as assigned
Qualifications Bachelor's degree, required or MBA, preferred from a college or university
Knowledge, Skills, & Abilities Demonstrated knowledge of commercial loan structures, underwriting principles, credit policy and procedures, accounting principles, and regulatory expectations. Ability to apply sound underwriting judgment using financial analysis, credit policy interpretation, and product knowledge, including SBA lending concepts, to appropriately identify and mitigate risk.
Strong analytical, reasoning, and problem-solving skills with the ability to assess complex credit scenarios, identify risks, and recommend appropriate mitigants. Proven ability to work independently while collaborating effectively with internal partners to meet deadlines in a fast-paced environment.
Highly developed written and verbal communication skills, with the ability to clearly document credit decisions and communicate recommendations to stakeholders. Demonstrates strong organizational, prioritization, and time management skills, with consistent attention to detail and accountability for results.
Exhibits sound judgment, professionalism, and discretion; demonstrates initiative, resourcefulness, and self‑motivation; and maintains a team‑oriented approach while managing multiple competing priorities.
Compensation Disclosure The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the stated range. The range is driven by the geographic location of the anticipated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance.
A reasonable estimate of the current pay range for a commercial underwriter is $96,000 - 125,000, annually.
First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.
Attn: Applicants interested in a San Francisco based position: First Bank will consider qualified applicants with a criminal history in a manner consistent with the San Francisco Fair Chance Ordinance.
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About This Role The Commercial Banking Underwriter serves as a critical control within the bank’s credit risk management framework and is responsible for the independent risk assessment of commercial loan requests. The bank is hiring two (2) Commercial Underwriters, with one role supporting Commercial Real Estate (CRE) lending and one supporting Commercial & Industrial (C&I) lending.
In this role, the underwriter provides objective evaluation of creditworthiness by preparing comprehensive credit memoranda that identify risk factors, exceptions to credit policy, and recommendations for credit decisions.
These two (2) positions are posted as a Commercial Underwriting role; however, candidates with more advanced commercial underwriting experience may be considered for placement into a Senior Commercial Underwriter role based on qualifications, experience, and demonstrated proficiency.
In this Role You Will
Prepare objective underwriting analysis for commercial loan requests including new loans, renewals, extensions, and modifications
Exercise independent judgment to assess the creditworthiness of loan requests, including analyses of borrowers, guarantors, and collateralIdentify transaction risks and propose mitigants to ensure alignment with the Bank’s risk appetite
Actively participate in the deal team, collaborating with Relationship Managers, Portfolio Managers, and Regional Credit OfficersProvide well-supported recommendations to arrive at credit decisions
Participate in training to increase proficiency as part of professional development
Perform other duties as assigned
Qualifications Bachelor's degree, required or MBA, preferred from a college or university
Knowledge, Skills, & Abilities Demonstrated knowledge of commercial loan structures, underwriting principles, credit policy and procedures, accounting principles, and regulatory expectations. Ability to apply sound underwriting judgment using financial analysis, credit policy interpretation, and product knowledge, including SBA lending concepts, to appropriately identify and mitigate risk.
Strong analytical, reasoning, and problem-solving skills with the ability to assess complex credit scenarios, identify risks, and recommend appropriate mitigants. Proven ability to work independently while collaborating effectively with internal partners to meet deadlines in a fast-paced environment.
Highly developed written and verbal communication skills, with the ability to clearly document credit decisions and communicate recommendations to stakeholders. Demonstrates strong organizational, prioritization, and time management skills, with consistent attention to detail and accountability for results.
Exhibits sound judgment, professionalism, and discretion; demonstrates initiative, resourcefulness, and self‑motivation; and maintains a team‑oriented approach while managing multiple competing priorities.
Compensation Disclosure The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the stated range. The range is driven by the geographic location of the anticipated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance.
A reasonable estimate of the current pay range for a commercial underwriter is $96,000 - 125,000, annually.
First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.
Attn: Applicants interested in a San Francisco based position: First Bank will consider qualified applicants with a criminal history in a manner consistent with the San Francisco Fair Chance Ordinance.
#J-18808-Ljbffr