Nano Banc is seeking a highly skilled and experienced VP Commercial Banc Underwriter to join our team. As the VP Commercial Banc Underwriter, you will play a crucial role in overseeing the underwriting process for commercial banking transactions. You will be responsible for evaluating loan applications, assessing creditworthiness, and ensuring compliance with lending policies and regulations. Your expertise in underwriting and credit analysis will be essential in managing risk and making informed lending decisions to support the growth and profitability of Nano Banc.

Responsibilities:

Underwriting and Credit Analysis:

• Evaluate loan applications and financial statements to assess creditworthiness and determine the appropriate loan structure.
• Conduct thorough financial analysis, including cash flow analysis, collateral evaluation, and risk assessment.
• Review and analyze credit reports, industry trends, and market conditions to make informed lending decisions.
• Ensure compliance with lending policies, procedures, and regulatory requirements.
• Collaborate with loan officers and relationship managers to gather necessary information and documentation for underwriting.

Risk Management:

• Identify and mitigate potential risks associated with commercial lending transactions.
• Assess and manage credit risk by analyzing borrower financials, collateral, and industry trends.
• Monitor loan portfolio performance, including delinquencies, charge-offs, and loan loss provisions.
• Provide guidance and support to loan officers in managing problem loans and implementing corrective actions.
• Collaborate with credit risk management to maintain credit quality and compliance with underwriting standards.

Relationship Management:

• Build and maintain strong relationships with loan officers, relationship managers, and other stakeholders.
• Collaborate with loan officers to understand client needs and provide guidance on structuring loan transactions.
• Communicate effectively with clients to gather necessary information and address any underwriting-related inquiries.
• Act as a subject matter expert on commercial lending products and services, providing guidance and support to internal teams.

Process Improvement:

• Identify opportunities to streamline and improve the underwriting process, including the use of technology and automation.
• Stay updated on industry best practices, regulatory changes, and market trends to drive continuous improvement.
• Collaborate with cross-functional teams to implement process enhancements and ensure efficient underwriting operations.

Qualifications:

• Bachelor's degree in finance, economics, or a related field.
• Extensive experience in commercial underwriting and credit analysis.
• Strong knowledge of lending regulations, compliance requirements, and risk management practices.
• Excellent analytical, financial analysis, and critical thinking skills.
• Exceptional interpersonal and communication skills.
• Detail-oriented with strong organizational and time management skills.
• Proficiency in Microsoft Office Suite and loan management software.

Job Type: Full-time

Pay: $130,000.00 - $175,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Ability to Relocate:

• Irvine, CA: Relocate before starting work (Required)

Work Location: In person