Senior Small Business Loan Underwriter
Company: Pacific Coast Regional Small Business Development
Location: Los Angeles
Posted on: April 24, 2024
Job Description:
Title: Senior Small Business Loan UnderwriterEOE Statement: We
are an equal employment opportunity employer. All qualified
applicants will receive consideration for employment without regard
to race, color, religion, sex, national origin, disability status,
protected veteran status or any other characteristic protected by
law. About the Organization: The primary mission of PCR Business
Finance is the promotion of community economic development, through
the delivery of financial, educational and advisory services to
underserved small business persons and communities. Category:
Lending Description: We are seeking an experienced and analytical
Senior Small Business Loan Underwriter to join our team at PCR
Business Finance. As a Senior Small Business Loan Underwriter, you
will play a pivotal role in analyzing, documenting, recommending,
and presenting credit and lending services offered by our
organization. Your responsibilities will include the analysis of
eligible prospects, adherence to the organization's credit
policies, and collaboration with the organization's loan processing
/ intake analysts and clients to complete credit memorandums. This
position reports directly to the Senior Vice President & Chief
Credit Officer and is crucial to the accomplishment of
organizational goals and program priorities.About PCR:Founded in
1977, PCR Business Finance (PCR) is a private, non-profit,
Community Development Financial Institution (CDFI), as certified by
the U.S. Treasury and a Financial Development Corporation (FDC),
which administers the State of California's Small Business Loan
Guarantee Program (SBLGP). The primary mission of PCR Business
Finance is the promotion of community economic development, through
the delivery of financial, educational and advisory services to
underserved small business persons and communities.
Responsibilities:
- Credit Analysis: Conduct thorough credit analysis to evaluate
the creditworthiness of potential borrowers and recommend
appropriate credit and lending services.
- Loan Package Development: Work closely with loan officers,
processing / intake analysts and other team members to create
comprehensive and sound credit memorandums that align with
organizational credit standards and policies.
- Product Utilization: Utilize all of the organization's products
and services to meet the small business development needs of each
client.
- Collaboration: Collaborate with internal lending team to ensure
a cohesive and efficient underwriting process.
- Reporting: Generate accurate credit memorandums on client loan
requests for the Senior Vice President & Chief Credit Officer
review and present to the relevant credit committee for loan
approval. Qualifications:
- Bachelor's degree in finance, business, or a related field or 7
years of experience in underwriting at comparable non-profit
organization or conventional Bank.
- Proven experience as an Underwriter or in a similar credit
analysis role. --- In-depth knowledge of credit analysis, lending
services, and small business development.
- Familiarity with the products and services offered by community
development financial institutions (CDFIs).
- Strong analytical and problem-solving skills.
- Excellent communication and presentation abilities.
- Ability to work independently and as part of a collaborative
team.
- Understanding of regulatory and compliance requirements in the
financial sector. Requirements:
- Previous experience reporting to a senior credit officer or
executive.
- Familiarity with regulatory requirements and compliance in
credit analysis.
- Proficient in financial analysis tools and Microsoft Office
Suite.
- Ability to manage multiple tasks and priorities in a dynamic
environment. Skills:
- Thorough credit analysis and risk assessment.
- Strong business development and relationship-building
skills.
- Effective communication and presentation skills.
- Analytical and problem-solving abilities.
- Collaboration and teamwork. Salary:
- $41.00 - $48.00 per hour, depending upon experience. If you are
a seasoned professional with a strong background in credit analysis
and a commitment to small business development, we encourage you to
apply for this challenging and rewarding Senior Underwriter
position. Join us in contributing to the success of our
organization and the communities we serve. Full-Time/Part-Time:
Full-Time Exempt/Non-Exempt: Non-Exempt Location: Headquarters
Position: Senior Underwriter Position Requirements:
- Previous experience reporting to a senior credit officer or
executive.
- Familiarity with regulatory requirements and compliance in
credit analysis.
- Proficient in financial analysis tools and Microsoft Office
Suite.
- Ability to manage multiple tasks and priorities in a dynamic
environment. Post Internal Days: 0 Hiring Manager(s): Amina
Almeida, Hosheus Isaac, Marilyn Davis Open Date: 3/5/2024 Number of
Openings: 1 PIe0faaa768087-31181-34004049
Keywords: Pacific Coast Regional Small Business Development, Rowland Heights , Senior Small Business Loan Underwriter, Other , Los Angeles, California
Didn't find what you're looking for? Search again!
Loading more jobs...