Commercial Credit Underwriter

Job address: 200 North School Street, Ukiah, CA 95482

Department:
Credit Administration

Reports To:

Manager of Commercial Underwriting

FLSA Status:
Exempt

Are you a motivated and high performing individual who has strong people, organizational skills, and a desire to work at a local business dedicated to meeting the financial needs of its customers, validating the investment of its shareholders, and investing its time, money, and expertise to support worthy causes throughout Lake and Counties? Our Client has proudly been serving the needs of our communities since 1903 and is seeking a qualified professional for the role of Commercial Loan Underwriter in the Credit Administration Department.

This position involves performing detailed credit analysis and underwriting of Commercial & Industrial (C&I) and commercial real estate (CRE) loans. This role emphasizes evaluating operating companies, analyzing business cash flow, and structuring credit facilities that support growth while managing risk.

The ideal candidate has four or more years of experience in a credit analyst or equivalent position. A successful person in this role is organized; detail oriented; personable; has strong time management skills; and is comfortable interacting with a broad range of individuals, including customers, executive officers and third-party companies. Savings Bank is excited to add to our team of individuals seeking to fulfill the Bank's vision of Investing in the future as your local independent bank, committed to the prosperity of our communities, employees and shareholders.

• Performs in-depth financial analysis of operating companies, including review of financial statements, tax returns, and borrower/guarantor cash flow.
• Recommends loan structures, collateral, covenants, and risk ratings consistent with internal policy.
• Works closely with commercial lenders to clarify borrower needs and guide deal structure.
• Prepares clear, concise credit memoranda for new requests, renewals, and modifications.
• Underwrites Commercial & Industrial (C&I) and commercial real estate (CRE) loans, including owner-occupied and investment properties.
• Conducts annual reviews and ongoing risk assessments for CRE relationships.
• Monitors covenant compliance, financial reporting, borrowing bases (if applicable), and early warning indicators.
• Supports portfolio analysis, stress testing, and concentration management activities.
• Ensures underwriting and loan structures comply with internal credit policies, regulatory standards, and safety-and-soundness expectations.
• Maintains complete documentation in credit systems and participates in internal audits or regulatory exams as needed.
• Exercises individual loan approval authority up to an assigned limit and participates in joint approvals or credit committee reviews for larger or more complex credits.
• Additional duties as assigned depending on department needs.

• Four (4) years' experience in a credit analyst or commercial lending position
  • Degree in Finance, Accounting, or Economics, or related field may substitute for years of experience

• Previous experience as a Commercial Loan Underwriter
• Bachelor's Degree in Finance, Accounting, or Economics, or related field
• Completion of formal commercial credit training

• Fostering Communication:
  Understands underlying needs, motivations, emotions or concerns of customers and staff; and communicates effectively.
• Attention to Detail:
  Proofreads and edits personal work and that of others, for proper grammar, spelling, and overall readability; ensuring that work has been done according to procedures and standards.
• Problem Solving:
  Identifies problems and alternate solutions, considering applicable precedents; and evaluates the effectiveness of solutions after implementation.
• Analytical Thinking:
  Analyzes and synthesizes information to understand issues, identify options, and support sound decision making.
• Initiative:
  Deals with situations and issues proactively and persistently, seizing opportunities to go above and beyond.
• Quality Focus:
  Follows all policies and procedures set by the Bank; consistently meets quality standards set by the Bank; seeks opportunities for improvement.
• Fraud Detection and Control:
  Employs appropriate techniques and procedures for identifying, reporting, and preventing fraud.
• Teamwork:
  Works collaboratively with others to achieve organizational goals.
• Product & Technical Knowledge:
  Understands the products and services provided.
• Time Management:
  Organizes and prioritizes tasks to maximize efficiency.
• Career Development and
  
  Coaching:
  
  Shares knowledge with other employees; mentors others on how to perform work tasks
• Collaboration:
  
  Recognizes, values, and leverages the unique perspectives, experiences, and talents of every individual; promoting fairness and belonging throughout the organization.

• Competitive, market-based pay
• Comprehensive insurance…