An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
Commercial Real Estate Underwriter Pacific Alliance Bank - 1.5 San Gabriel, CA Job Details Full-time $90,000 - $100,000 a year 13 hours ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance Life insurance Qualifications Customer communication Underwriting Bachelor's degree Attention to detail Organizational skills Business Administration Full Job Description Job Summary We are seeking a detail-oriented Commercial Real Estate (CRE) Underwriter to join our financial services team. As a CRE Underwriter, you'll review and analyze CRE loan applications, evaluate financial and credit data, and make informed decisions that support both member success and sound lending practices. You'll also serve as a trusted partner to internal teams, providing guidance on credit quality, risk, and loan structuring.
Responsibilities:
Responsible for underwriting, reviewing, and managing an assigned CRE including Construction loan portfolio. Perform analysis of project economics, historical income, and pro forma income. Review appraisals, title work, and collateral verification. Perform credit analysis for CRE and Construction projects. Produce comprehensive credit memorandums and underwriting presentations. Manage underwriting standards under the lending policies, procedures, and compliance regulations. Perform annual review and periodic portfolio monitoring. Assist in risk rating review and criticized asset monitoring.
Competencies:
Excellent written and verbal communication skills. Strong problem-solving skills. Proven experience as a loan underwriter, credit officer, or similar role Strong skills in financial. analysis, research methodologies, and investment management strategies. Proficiency in financial software tools for analysis and reporting purposes. Excellent communication skills with the ability to explain complex financial concepts clearly to Clients. Strong analytical skills with attention to detail and a proactive approach to problem-solving. Knowledge of tax implications related to investments is a plus
Knowledge, Skill & Other Requirements:
3+ years of related experience preferred. Bachelor's degree in business or accounting & finance preferred. Join our team as a Credit Analyst where your expertise will contribute significantly to our lending processes and overall business success!
Job Type:
Full-time Pay:
$90,000.00 - $100,000.00 per year
Benefits:
401(k) Dental insurance Health insurance Life insurance Paid time off Vision insurance
