CRE Underwriter

About the Role

Underwrites and prepares credit presentations for complex Commercial Real Estate (CRE) loans. Assists CRE Relationship Managers (RM’s) in monitoring a large loan portfolio consisting of construction, bridge, and permanent loans. Collaborates with RMs to manage and deepen full banking relationships with sophisticated CRE developers and investors.

• Analyze appraisal and market data to assess market risk associated with the CRE project and identify key business and financial risks that may impact repayment prospects.
• Underwrite sponsors’ contingent debt, portfolio refinance risk, and global cash-flow to assess their ability to address financial obligations and support the credit recommendation based on documented facts and sound judgement.
• Prepare timely, concise, and accurate credit recommendations with limited supervision, including quantitative underwriting narrative, risk rating scoring models, policy exception mitigation, and accurate loan and risk rate coding.
• Monitor borrower financial performance in line with loan documents, test covenant calculations, and collaborate with analysts and RMs to resolve any violations promptly.
• Collaborate with RMs to identify and communicate credit risk so that it is effectively mitigated within new and existing credits.
• Partner with analysts and relationship managers to offer insights into customer financial needs and opportunity expansion, and provide opinions on loan structure effectiveness within prevailing market environment and bank risk tolerances.
• Partner with relationship managers on customer and prospect calls as appropriate.
• May oversee the work of other commercial underwriters or credit analysts, ensuring timely review of credit requests and financial spreads for accurate, high‑quality work product.
• Demonstrate compliance with all bank regulations, complete all required training, and maintain a working knowledge of bank policy and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, and other applicable regulations.
• May coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learn, demonstrate, and foster the Columbia corporate culture in all actions and words; take personal initiative and serve as a positive example for others to emulate; embrace the vision to become “Business Bank of Choice.”
• May perform other duties as assigned.

• Analyze appraisal and market data to assess market risk associated with the CRE project and identify key business and financial risks that may impact repayment prospects.
• Underwrite sponsors’ contingent debt, portfolio refinance risk, and global cash-flow to assess their ability to address financial obligations and support the credit recommendation based on documented facts and sound judgement.
• Prepare timely, concise, and accurate credit recommendations with limited supervision, including quantitative underwriting narrative, risk rating scoring models, policy exception mitigation, and accurate loan and risk rate coding.
• Monitor borrower financial performance in line with loan documents, test covenant calculations, and collaborate with analysts and RMs to resolve any violations promptly.
• Collaborate with RMs to identify and communicate credit risk so that it is effectively mitigated within new and existing credits.
• Partner with analysts and relationship managers to offer insights into customer financial needs and opportunity expansion, and provide opinions on loan structure effectiveness within prevailing market environment and bank risk tolerances.
• Partner with relationship managers on customer and prospect calls as appropriate.
• May oversee the work of other commercial underwriters or credit analysts, ensuring timely review of credit requests and financial spreads for accurate, high‑quality work product.

The pay range for this role is $77,767.00 to $.

The pay rate for the selected candidate is dependent upon a variety of non‑discriminatory factors including, but not limited to, job‑related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance‑based incentive compensation, and those details will be provided…