Job: Senior Commercial Loan Underwriter - Olympia, WA

Click Here toApply Online

View On Map

Pay

Earnings are DOQ, with an excellent benefits package!

Posted: 08/17/2017

Job Status: Full Time

Job Description

Where it’s located: Corporate office; 330 Union Ave, Olympia WA 98501
When you’d work:  Monday – Friday, 8:30am–5:30pm, with scheduling flexibility required to meet the needs of this non-exempt, full time position
How much you’ll earn: Earnings are DOQ, plus an excellent benefits package! This position does not include a commission structure. 

This is a unique opportunity to join a top-notch credit union focused on serving our members and our communities. WSECU is looking for a Senior Commercial Loan Underwriter to perform thorough analysis of financial and credit information, evaluate the viability of loan requests, and perform annual loan reviews. 

What does the Senior Commercial Loan Underwriter do?

  • Underwrites commercial loan applications and prepare credit presentations
  • Performs annual/periodic commercial loan reviews on existing loans
  • Provides leadership, coaching, and mentorship; trains other underwriters or credit personnel
  • Assists Commercial Credit Administrator with formulation of policies and procedures
  • Creates efficiencies and an effective teamwork environment
  • Performs thorough analysis of all credit, financial and cash flow information to determine viability of repayment for all commercial loan requests
  • Determines borrower and guarantor character and creditworthiness by utilizing information from various sources
  • Assesses and determines repayment ability of all borrowers and guarantors through in-depth analysis of tax returns and financial statements
  • Assembles and organizes pertinent information in completing credit presentations for submission to Commercial Credit Administration and/or Commercial Loan Committee
  • Reviews documentation to determine viability and adequacy of collateral including methods of valuation
  • Performs underwriting for large and complex commercial credits
  • Performs duties in compliance with regulatory requirements including, but not limited to, the Bank Secrecy Act

What are the requirements?

  • High School graduate or equivalent or greater (college degree preferred)
  • Minimum of 8 years of experience in a lending environment, with a majority in commercial lending or underwriting
  • Minimum of 5 years of underwriting with experience or exposure in commercial and industrial, commercial real estate or residential real estate lending
  • Minimum of 2-3 years in a supervisory role directly overseeing and providing guidance and training for commercial underwriting personnel
  • Must have working expertise in CRE and C&I lending underwriting practices and risk management
  • Must have ability to comprehend and analyze complex lending situations, coordinating efforts with other team members
  • Must have working knowledge of commercial lending with a commercial loan origination system and other automated tools
  • Ability to prepare communications using various software programs
  • Strong teamwork and leadership skills
  • Must have demonstrated leadership skills and experience with excellent interpersonal communication skills, including oral and written communication
  • Ability to analyze and assimilate information, instructions, and situations to collect data, establish facts and draw valid conclusions and decision making skills
  • Ability to stay informed on industry-related information
  • Ability to make computations and interpret and apply ratios common to commercial credit analysis
  • Knowledge of Microsoft Office Suite products (Outlook, Word and Excel)
  • Must be authorized to work in the USA – Visa sponsorship not available

What do we mean by ‘We’re All In’?

Together, we can take care of today and grow for tomorrow. 

This is WSECU’s Brand Promise. It means we’re here for our members.  We’re here for each other.  And we’re here for our communities.  In other words, we’re all in…for all of us. 

For many of our employees, WSECU is a second family. We take care of each other as much as we take care of our members.  Just take a look at our employee testimonial page and see what our staff has to say. 

And it doesn’t stop there – we also reach out in many different ways to take care of the communities we’re proud to serve. 

We look forward to receiving your application and learning more about you! 

Contact us at 360.943.7911 ext. 11111 with any questions

Equal Opportunity Employer

We also proudly support veterans and those currently serving in the armed forces

 

Ind1

Application Instructions

To be considered for employment at WSECU, all applicants must submit a resume. The application link is below.

CLICK HERE TO APPLY!

Social Media

Facebook

Twitter

LinkedIn

Find us on LinkedIn

Instagram

Locations

Tumwater Trosper
575 Trosper Rd SW, Ste 104
Tumwater, US 98512
Bellevue
155 108th Ave. NE, Suite 100
Bellevue, WA 98004
Chehalis
2015 NE Kresky Ave
Chehalis, WA 98532
Ellensburg
604 E University Way, Munson Hall
Ellensburg, WA 98926
Everett
404 128th St SW
Everett, WA 98204
Federal Way - Dash Point
34024 Hoyt Rd SW
Federal Way, WA 98023
Lacey Credit Union Center (LCUC)
4540 6th Ave SE
Lacey, WA 98503
Lakewood
9540 Bridgeport Way SW
Lakewood, WA 98499
Medical Lake
205 E Hwy 902
Medical Lake, WA 99022
NW Compliance Group
2405 Evergreen park drive SW, suite b4
Olympia, WA 98502
Olympia Branch / Corporate Headquarters
330 E Union Ave
Olympia, WA 98501
Olympia: Martin Way
4245 Martin Way E
Olympia, WA 98516
Olympia: Westside
2006 Harrison Ave
Olympia, WA 98502
Pullman Bishop
405 SE Bishop Ave
Pullman, WA 99163
Pullman CUB
1500 NE Terrell Mall
Pullman, WA 99164
Puyallup - South Hill
17526 Meridian Ave E., Suite 106
Puyallup, WA 98373
Seattle: Fairview
1500 Fairview Ave E, Ste 100
Seattle, WA 98102
Seattle: U-District
1100 NE 45th St, Ste 110
Seattle, WA 98105
Spokane
2523 W Northwest Blvd
Spokane, WA 99205
Spokane Valley
12209 E Mission Ave, Ste 1
Spokane, WA 99206
Tumwater Town Center
100 71st Ave SW
Tumwater, WA 98501
Yakima
1400 Lakeside Ct, Ste 101
Yakima, WA 98902
Tumwater Trosper
Bellevue
Chehalis
Ellensburg
Everett
Federal Way - Dash Point
Lacey Credit Union Center (LCUC)
Lakewood
Medical Lake
NW Compliance Group
Olympia Branch / Corporate Headquarters
Olympia: Martin Way
Olympia: Westside
Pullman Bishop
Pullman CUB
Puyallup - South Hill
Seattle: Fairview
Seattle: U-District
Spokane
Spokane Valley
Tumwater Town Center
Yakima