Commercial Underwriter in Walnut Creek, CA at Volt

Date Posted: 1/9/2020

Job Snapshot

  • Employee Type:
    Contingent
  • Job Type:
  • Duration:
    24 weeks
  • Date Posted:
    1/9/2020
  • Job ID:
    209071
  • Contact Name
    Volt Branch
  • Phone
    509-818-3939

Job Description

VOLT’s client is looking for a Commercial Underwriter

This is a 3-4 month contract Contingent/Temporary position in Walnut Creek, CA and offered through Volt Workforce Solutions.  We are among the largest IT staffing companies in the US for contract/temporary and direct hire placements and support many of the top rated IT companies in the Pacific Northwest.

To help Volt stay in touch with you and other great candidates in the Eastern Washington area we have created a specialized portal for you at http://staffing.volt.com/inland_northwest/ . Start here to see much more: http://volt.com/social.

Key Functions:

  • Underwrites new and renewal C&I and 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.
  • Analyzes 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.

Other Functions:

  • Analyzes financial data related to new and renewal loan requests, including lines of credit, asset-based lines, commercial real estate, and equipment financing loans.
  • Presents facts and offers opinions/recommendations to CRMs and PMs concerning applicant's credit worthiness.
  • Prepares summary and/or credit approval report documenting credit analysis and supporting information for credit decision recommendations.
  • Drafts loan agreements in collaboration with the CRM and PM.
  • Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness and adherence to approval conditions.
  • Follows up with customers to obtain all necessary information and clarification on financial analysis materials and resources.
  • May work with attorneys and other financial or legal resources to obtain correct and accurate documents to fully protect the financial institution's interests in the credit relationship.
  • Participates in customer and prospect calls with the CRM/PM, outside calling and other marketing efforts.
  • Ensures customer is approved for all ancillary products; makes recommendations to CRM/PM on potential customer needs.
  • May directly manage a portfolio of smaller credits.
  • May direct or lead the work of others.

Qualifications:

  • Bachelor's degree in Business, Finance, Accounting, or other related field or the equivalent in education in experience.
  • 5+ years of commercial underwriting/credit analysis experience.
  • Advanced analytical and problem solving skills.
  • Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.
  • Advanced knowledge of credit policies, procedures, practices and documentation.
  • Advanced sales skills including business development.
  • Excellent written and verbal communication.
  • Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
  • Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.
  • Must have completed accounting and credit training courses.
  • Ability to train and present to small and large audiences or has the interest in learning to train and present.

Please note the following:

  • This is a W2 position.
  • Direct inquiries only.
  • No 3rd party submittals, please.
  • This position is not available for Corp-to-Corp.
  • This position is not available for Associate Vendors.

How to Apply: Click on the Apply button to apply for this job.

Our Recruiter will initiate a phone call to you and give you immediate consideration should your resume meet the job requirements.  Please rest assured that if your resume matches what is reflected in this job posting, you should receive a phone call from a Volt Recruiter to discuss this position with you. Volt has a talented and optimistic staffing team focused on the quality of your career.

Volt has over 60 years of staffing experience.  We work with many of the Fortune 500 and 1000 companies to provide workforce solutions.  We offer many direct hire full-time positions as well as many contingent/temporary positions.  We offer our Workers competitive pay and benefits, as well as educational programs and re-deployment assistance.

To learn more about Volt, please visit: http://www.volt.com and to see more of our job postings, please visit: http://jobs.volt.com

Volt is an Equal Opportunity Employer.