Commercial Loans Underwriter

Mechanics Bank is currently searching for a Commercial Loans Underwriter to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This person will be reporting into our Roseville Executive Offices.

The Commercial Loans Underwriter is responsible for underwriting and risk analysis of credit requests within assigned business line. Performs independent, objective, and detailed financial and collateral analysis of credit requests. In collaboration with relationship manager, responsible for structuring transactions, developing credit recommendations, and loan portfolio monitoring including covenant compliance. Independently classifies loan performance and recommends risk rating. Completes credit applications as assigned.

Performs annual reviews as required on all credit relationships. Notes significant trends and recommends policy changes if necessary. Collaborates with stakeholders on credit related matters to ensure expeditious processing and improve client experience. Individual authority may be granted based on experience and lending group and/or product type.

• Conduct detailed, independent financial and collateral analysis on credit requests. Evaluate business plans, projections, operating records, and financial statements. Evaluate all types of collateral in relation to feasibility of transaction, market/industry conditions and loan structure. Support conclusions based on factual data. Effectively communicate information and analytical results to stakeholders. In collaboration with the relationship manager identify risks/mitigants of loan structure and participate in discussions with credit risk as required.
• Identify risks associated with each loan and mitigations to risks. Generate and recommend risk ratings. Interpret and apply Bank policies, governmental regulations, and accounting theory. Prepare reports and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts.
• Perform industry research in various market areas to support transaction. Participate on client calls and/or client relationships with relationship managers as assigned. Perform all other job duties as assigned by supervisor.
• Responsible to work on complex credits requiring the evaluation of complex business plans, projections, operating records, and financial statements. Perform annual reviews on large and/or complex credits, assess credit risks, and generate and recommend appropriate risk ratings. Prepare complex credit applications.
• May review work of less experienced analysts prior to submission, provide technical guidance and workflow assistance. May participate on client calls with relationship manager, within assigned business unit. May act as additional signer on credit requests completed by less experienced analysts, within designated business unit.
• Underwriter will independently structure, develop, and complete credit recommendations and financial modelling on complex loans.
• Highly competent in their field and respected as a knowledgeable resource within the Bank.

• Undergraduate degree in Business, Accounting, Economics or related field preferred, with 3-5 years related accounting or financial statement analysis/lending experience; OR an equivalent combination of education and experience required. Expertise in detailed financial and collateral analysis of complex and sophisticated credit requests required.
• Minimum of 3 years of experience in accounting or financial statement analysis/lending experience required.
• Proficient with:
  • MS Word
  • MS Excel
  • MS Outlook
  • Internet
• Adept at utilizing financial software programs and other databases integral to compiling financial and collateral analysis spreads.
• Must demonstrate excellent customer service skills with ability to communicate tactfully and listen attentively to the customer.
• Possess good human relations, communications and business writing skills.
• High level of accuracy and great attention to detail.
• Strong analytical and problem‑solving skills.
• Able to make and support sound decisions.
• Poss…