Sr. Underwriter

At Cal Private Bank, we believe banking is personal. We have deep roots in the communities we serve, and our client relationships are built on genuine care, thoughtful problem-solving, and unwavering integrity. Our solutions-based service, paired with best-in-class talent, sets us apart in the market, but it’s trust that defines who we are. It’s our gold standard, the currency we trade in, and the foundation of every decision we make.

We’re looking for leaders who want more than a title. We’re looking for team players who want to make an impact. If you’re driven to lead with purpose, ready to shape the future and have meaningful impact at a relationship-centered bank, Cal Private Bank may be the place for you.

The Underwriter is responsible for evaluating and approving commercial credit requests with a focus on sound risk assessment, portfolio quality, and alignment with the Bank’s credit policies and risk appetite. This role conducts comprehensive financial analysis, assesses borrower strength, evaluates collateral, reviews repayment capacity, and prepares thorough credit memoranda that support informed and well-reasoned credit decisions. The Underwriter partners closely with Relationship Managers, Credit Administration, SBA teams (when applicable), and senior credit leadership to structure financing solutions that balance client needs with prudent risk mitigation.

Beyond individual credit decisions, the Underwriter plays an essential role in strengthening the overall credit culture of the Bank. Their work enhances the accuracy and consistency of the underwriting process, improves portfolio performance, and supports responsible growth across the commercial lending platform. Through collaboration, clear communication, and a high degree of analytical rigor, the Underwriter contributes to more effective pipeline management, quicker turnaround times, and an elevated client experience.

This role directly impacts both departmental success and organizational stability by ensuring Cal Private lends responsibly, protects asset quality, and maintains the high standards expected of a relationship-driven, risk-disciplined financial institution

• Develop “needs” list for loan requests and communicate to Relationship Manager or borrower as appropriate.
• Receive and analyze information and prepare Credit Memorandum or assist Relationship Manager as needed.
• Underwriting duties will include spreading financial statements and/or tax returns, borrower and global cash flow analysis, collateral analysis, and identifying key risks and mitigating factors.
• Underwriting for both new originations and renewals will be primarily comprised of the following loan types: commercial real estate loans, commercial and industrial loans to operating companies, unsecured and other specialized loans to high-net-worth individuals.
• Submit Credit Memorandums to loan approvers and provide support to loan processors as needed to close approved loans.

This position includes direct or indirect interaction with customers and other employees and therefore includes responsibilities relating to BSA/AML. The employee will have opportunity to examine and view information and documents produced by other employees of the Bank relating to BSA and therefore has the obligation to report suspicious activity to the BSA Officer as appropriate. The employee is responsible for understanding and following the Bank’s BSA/AML policies including elevating suspicious activity to the BSA Officer.

Additionally, the employee is required to understand and follow the Bank’s compliance program BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program.

Experience & Expertise

• 5+ years of progressive experience in commercial credit underwriting, preferably within a community, private or commercial banking environment.
• Strong financial analysis skills, including the ability to interpret complex financial statements, tax returns, cash flow projections, and global cash flow assessments.
• In-depth knowledge of…