What are the responsibilities and job description for the Commercial Underwriter position at First Bank?
Position Details.
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. This role provides objective evaluation of creditworthiness, preparing comprehensive credit memoranda that identifies risk factors and exceptions to credit policy, and makes recommendations on credit decisions.
In this Role You Will
Knowledge
Qualifications
Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.
Diversity
At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.
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.
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. This role provides objective evaluation of creditworthiness, preparing comprehensive credit memoranda that identifies risk factors and exceptions to credit policy, and makes recommendations on credit decisions.
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 collateral
- Identify 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 Officers
- Provide well-supported recommendations to arrive at credit decisions
- Participate in training to increase proficiency as part of professional development
- Perform other duties as assigned
Knowledge
- Working knowledge of commercial loan structures, underwriting principles, credit policy, credit procedures, and basic financial analysis
- Working knowledge of accounting principles, bank products, and applicable regulatory expectations
- Familiarity with credit scoring concepts
- Ability to multitask and manage competing priorities effectively
- Ability to work independently with appropriate oversight and collaboratively within a team environment
- Effective use of efficient work methods to meet productivity expectations
- Developing analytical, reasoning, and problem‑solving skills
- Developing written and verbal communication skills
- Strong organizational, time‑management, and prioritization skills with the ability to meet deadlines
- Ability to identify and mitigate risk with appropriate escalation
- Sound judgment in day‑to‑day work activities
- Self‑motivated with a demonstrated ability to take initiative
- Ability to function effectively as a team player
- Adaptability in a fast‑paced work environment
- Accountability for assigned work and outcomes
- Resourcefulness in addressing issues and completing tasks
- Consistent attention to detail
Qualifications
- Bachelor’s Degree in business, accounting, finance, or a related field required
Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.
Diversity
At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.
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.
Salary : $76,000 - $96,000