CostaMesaRecruiter Since 2001
the smart solution for Costa Mesa jobs

Commercial Underwriting Program (Commercial Underwriter) in Costa Mesa

Company: Comerica Bank
Location: Costa Mesa
Posted on: January 9, 2021

Job Description:

Commercial UnderwriterPosition OverviewThe Commercial Banking Underwriting Program provides a structured learning opportunity for individuals (Underwriters) to learn and develop technical underwriting skills. Underwriters participate in an approximately 18 - 24-month training program, including orientation, formal underwriting training, and a formal mentorship with an Underwriting Officer. Underwriters complete evaluation and documentation of the loan requests for assigned LOBs (Lines of Business); own deal analyses and execute workflow according to established SLAs (Service Level Agreements). Underwriters assist in the on-going monitoring of the credit exposure for assigned relationships, including renewals, reaffirmations and annual risk ratings.Position Responsibilities:Credit* Acquires technical skills through structured curriculum and apply knowledge and skills to on-the-job assignments.* Provides complete analysis of loan package for new deals, as well as reviews of existing relationships, utilizing the various underwriting methods as established by Credit Administration.* Prepares list of questions and summary of outstanding issues when underwriting loan requests with Underwriting Officer or Manager guidance.* Prepares loan packages; writes Officer and/or Credit comments with assistance from Relationship Manager (RM) or Portfolio Manager (PM); and provides complete credit documentation of the loan application by utilizing loan approval documents and other various addendums as established by Credit Administration.* Applies appropriate loan structures; prepares collateral charts, cash flows, risk ratings, and other pertinent attachments.* Provides industry analysis, spreads financial statements, and identifies and analyzes inconsistencies and inaccuracies within the customer provided financial statements.* Evaluates strengths and weaknesses of the credit and escalate risks and other issues; where appropriate while assisting the RM/PM with contacting customers to obtain answers for loan analyses. These responsibilities are to be completed with Underwriting Officer or Manager guidance.* Meets the service level agreements for volumes, accuracy, and timeliness. Minimizes errors and reword situations.* Understands and applies relevant credit policies to the underwriting process.* If applicable, recommend effective loan covenants to monitor financial performance and regularly calculate covenant package to ensure compliance.* Accurately completes risk ratings.Administration* Where applicable, monitors loan covenants and tracking in conjunction with the Credit support team for assigned relationships.* Shares responsibility with Credit Support Specialists for performing OFAC checks and identifying issues.* Investigates title searches, surveys and UCC (Uniform Commercial Code) searches as requested by Manager, Underwriting Officer, or RM/PM.* Comply with regulatory requirements; Complete and apply required credit, regulatory, system, and process training.Process Sustainability* Adhere to department procedures for workload management and strives to meet or exceed SLA and when not feasible, communicates to Manager and RM/PM.* Ensures appropriate loan approval document formats/attachments are used in accordance with approved process & procedures.* Other duties as assignedPosition Qualifications:Minimum Qualifications* Bachelor's Degree* Two (2) Accounting courses (minimum 6 units)* 1 year of experience in Microsoft Word, Excel, PowerPoint, and OutlookPreferred Qualifications* Bachelor's Degree in Business, Economics or similar degree field.* Minimum two Accounting courses (6 units).* Overall GPA of 3.0 and 3.0 GPA in two Accounting courses.* 1 year of experience in Microsoft Word, Excel, PowerPoint, and Outlook* Demonstrated leadership and strong verbal and written communication skillsCosta Mesa8:00am -5:00pm

Keywords: Comerica Bank, Costa Mesa , Commercial Underwriting Program (Commercial Underwriter) in Costa Mesa, Other , Costa Mesa, California

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Other Jobs


Stylist - San Diego
Description: Why Us: We-'re Hiring We Want You Imagine a place where you can make a difference every day, LOVE WHAT YOU DO, and make a great living doing it. You just found it, HairClub-- Has It All Why HairClub (more...)
Company: Hairclub
Location: Poway
Posted on: 01/17/2021

Cleanroom Assembler
Description: Job Description:Will assemble medical devices.Will work in a cleanroom. Will read blueprints. Will use tools.Will follow SOP's.Will perform soldering. Will inspect the
Company: Aerotek
Location: Poway
Posted on: 01/17/2021

Spanish Bilingual Sales Representative
Description: POSITION OVERVIEW SALES AGENT The sales job of the year is now hiring We are looking for sales agent to support a national cable service provider. The calls are inbound, which means customers call you. (more...)
Company: MCI
Location: Santee
Posted on: 01/17/2021


Postmates - Earn Extra Cash
Description: Postmates has the largest on-demand fleet in the U.S. with 200,000 Postmates, and an equally extensive network of merchants. While some companies try to build a warehouse outside of a city and funnel (more...)
Company: Postmates
Location: Rosemead
Posted on: 01/17/2021

Armed Security Officer - Allied Universal
Description: At Allied Universal----our Security Professionals assist clients, and the public at large, by providing essential jobs that keep our communities safe and secure. --During this time, we need your help (more...)
Company: Allied Universal
Location: Poway
Posted on: 01/17/2021

Pallet Wrapper - Hiring Immediately!
Description: We're hiring hard-working pallet wrappers to be a part of a great team at a large logistics company br br Responsibilities: br br li Place and layer
Company: Bluecrew
Location: Rowland Heights
Posted on: 01/17/2021

Postmates - Earn Extra Cash
Description: Postmates has the largest on-demand fleet in the U.S. with 200,000 Postmates, and an equally extensive network of merchants. While some companies try to build a warehouse outside of a city and funnel (more...)
Company: Postmates
Location: Yucaipa
Posted on: 01/17/2021

Caliber Home Loans - Residential Underwriter - South CA
Description: Join a reputable mortgage company that offers a direct hire, six-figure income opportunity with full
Company: Caliber Home Loans
Location: San Gabriel
Posted on: 01/17/2021

Food Delivery Driver - Postmates
Description: Job DescriptionPostmates has the largest on-demand fleet in the U.S. with 200,000 Postmates, and an equally extensive network of merchants. While some companies try to build a warehouse outside of a city (more...)
Company: Postmates
Location: Placentia
Posted on: 01/17/2021

No car? No problem. Deliver with DoorDash on our e-bikes
Description: Want to earn money, but don't have a car Deliver with DoorDash. We'll even set you up with an e-bikeWhat is DoorDashAvailable in over 4,000 cities in the U.S., Canada, and Australia, DoorDash is about (more...)
Company: Doordash
Location: Rosemead
Posted on: 01/17/2021

Log In or Create An Account

Get the latest California jobs by following @recnetCA on Twitter!

Costa Mesa RSS job feeds