Education Required: Bachelors Degree
Department: CA 1st Century - Credit Admin
Experience Required: 5 - 7 Years
Job ID: 9635
Division: Financial Services
Hours of Work: M-F- 8-5
Employment Type: Full-Time Regular
1st Century Bank, a division of MidFirst Bank, is a full service community bank catering to small to medium size businesses and professionals on the Westside of Los Angeles. The Bank’s core principles are flexibility, responsiveness, and the ability to create tailored solutions, coupled with its commitment to provide exception customer service. We tailor financial strategies to meet the unique needs and business demands of our clients. Our clients are real people, with real dreams, and their success is our greatest achievement. For more information, please visit our website at www.1cbank.com.
The Senior C&I Underwriter position is responsible for underwriting, structuring and credit analysis of complex commercial loan portfolio. Other responsibilities include: Work closely with commercial officers in completing reports for senior management for loan origination and portfolio monitoring. Perform analysis of business entities and individuals to assess financial performance and condition, trends, key drivers, projections, and risks, with a focus on their ability to service debt. Produce a variety of summary analysis and monitoring reports, operating performance and projection analysis. Complete various forms and reports to request external reports (appraisals and environmental reports). Contact bank customers to gather information and/or follow up on required items. Handle various other underwriting, closing and portfolio management and upkeep tasks and responsibilities. Special projects from loan officers and senior management.
Bachelor’s degree in accounting, economics, finance or related field. Minimum of five years of previous experience in commercial bank underwriting or lending is required. Experience with C&I loans preferred. Thorough knowledge in review, analysis, and underwriting of commercial loans and personal/corporate financial statements, pertaining to Sponsors/Guarantors. Ability to write reports, business correspondence and complete credit evaluations. Solid understanding of financial statements and tax returns, including General Accepted Accounting Practices. Experience with completing spreads and written credit analysis reports on borrowers and guarantors. Excellent oral and written communications skills. Ability to seek and gather information from multiple sources, and manage multiple tasks. Working knowledge of Microsoft Office products, Moody’s RiskAnalyst and CashTax (or comparable analytical software).
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.