Find & Apply For Insurance Underwriter Jobs in Spokane, Washington

at Columbia Bank in Spokane, Washington, United States Job Description Spokane, Washington Full time

JR103850

About the

Role:

Underwrites new and renewal Commercial and Industrial (C&I) and Commercial Real Estate ( CRE ) credit requests comprised of working capital lines of credit, asset-based lines of credit, commercial real estate loans (Owner Occupied and Investor) and equipment financing; most often from moderate-to-complex enterprises with revenues generally greater than $5 million. Collaborates with team members, Commercial Portfolio Managers (CPM's), Client Solutions Managers ("CSMs") and Commercial Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs.

+ Analyze business, industry, financial data and other supporting credit information concerning an applicant's credit request; identifies key business and financial risks that may impact the repayment prospects by the borrower; derives conclusions supporting the credit recommendation based on documented facts and/or sound judgement.

+ Prepare timely, concise and accurate credit recommendations, with limited supervision or revision.

Includes:

(1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (aka Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies exceptions ( TPE ), tracked guidelines exceptions ( TGE ), procedures and compliance regulations; and (4) accurate loan coding consistent with nature of the borrowing relationship and terms of the credit(s).

+ Monitor borrower financial performance in line with commercial and/or real estate loan documents; spreads financial statement and/or ensures required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentation. Collaborates with team members to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner.

+ Partners with team members to offer insights into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion tools. May also offer opinions related to a loan structure's effectiveness to mitigate risks, appropriate to prevailing comp To view full details and how to apply, please login or create a Job Seeker account