Sr Commercial Underwriter

Established in 1975, Financial Pacific Leasing, Inc. (a subsidiary of Columbia Bank), is a direct provider of small-ticket commercial equipment leases. FinPac originates business through partnering with vendors, third party originators and lessors nationwide. For over 50 years, these partners have relied on Financial Pacific to provide them with innovative financing solutions for their customers.About the Role:Underwrites new and renewal Commercial and Industrial (C&I) lease and loan credit requests comprised of equipment financing; most often from moderate-to-complex enterprises with revenues generally greater than $5 million. Collaborates with team members, Commercial Portfolio Managers, Client Solutions Managers, and Commercial Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs. Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit requestIdentifies key business and financial risks that may impact the repayment prospects by the borrowerDerives conclusions supporting the credit recommendation based on documented facts and/or sound judgementPrepare timely, concise and accurate credit recommendations, with limited supervision or revision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (aka Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies exceptions (TPE), tracked guidelines exceptions (TGE), procedures and compliance regulations; and (4) accurate loan coding consistent with nature of the borrowing relationship and terms of the credit(s)Monitor borrower financial performance in line with commercial and/or real estate loan documentsSpreads financial statement and/or ensures required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentationCollaborate with team members to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely mannerPartners with team members to offer insights into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion toolsMay also offer opinions related to a loan structure’s effectiveness to mitigate risks, appropriate to prevailing competitive market environment and Bank risk tolerances.Partners with team members in customer and prospect calls as appropriateMay shadow manage a portfolio as part of training and development, with Underwriting Manager approvalMay oversee the work of other commercial underwriters or credit analysts, including the timely review of credit reports prepared by other underwriters to ensure a high level of report quality prior to submission for approval; findings to be captured via a standardized Quality Control (QC) Checklist and used to provide guidance and training to underwritersDemonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changesFollows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific trainingMaintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job descriptionMay be asked to coach, mentor, or train others and teach coursework as subject matter expertActively learns, demonstrates, and fosters the Columbia corporate culture in all actions and wordsTakes personal initiative and is a positive example for others to emulateEmbraces our vision to become “Business Bank of Choice”May perform other duties as assignedAbout You:Bachelor’s Degree required7-10 years of commercial credit underwriting experience in a lease and loan environment requiredCertified Lease & Finance Professional (CLFP) preferredAdvanced analytical and problem-solving skillsPossess excellent written, verbal, interpersonal and presentation skillsAdvanced knowledge of credit policies, procedures, practices and documentationAdvanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experienceAbility to train and present to small and large audiences or has the interest in learning to train and presentDemonstrated time management skills, reflecting the ability to juggle multiple tasks simultaneously while delivering work product on timeAbility to work effectively with individuals and groups across the company to manage internal and external customer relationshipsOpen to locations within the Columbia Bank footprint.The pay range for this role is $95,000 - $130,000.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 during the recruitment process.Primary Location: Ability to work fully onsite at posted location(s).3455 South 344th Way Suite 300 Federal Way WA 98001Our Benefits:We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.Our Commitment to Diversity:Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: View email address on click.appcast.io Staffing and Recruiting Agencies: Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.SummaryLocation: Federal Way, Washington; Irvine, California; Tigard, Oregon; Phoenix, ArizonaType: Full time