What are the responsibilities and job description for the Small Business Underwriter (hybrid role - Spokane or Walla Walla, WA) position at Banner Bank?
More than 130 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. Our financial strength and stability are key reasons Forbes names us one of the Best 100 Banks in America the past eight consecutive years and Newsweek names Banner one of the Most Trustworthy Companies the past four years.
With more than $15 billion in assets and over 150 locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
As a Small Business Underwriter for Banner Bank you will Underwrite QuickStep small business loan requests. Ensure that booked requests meet the Bank's lending policies and procedures, and that the resulting loans perform within expected loss and delinquency parameters. Review performance of existing QuickStep credits and make recommendations to restructure problem credits.
- Analyze, review, and approve/decline all small business loan requests in one or more of the following areas: lines of credit, auto/equipment loans, commercial real estate loans, and commercial credit cards for applicants.
- Assemble, collect, and verify the accuracy of documentation needed for booking sound and safe loans.
- Develop proficiency in using the loan origination application processing system. Recommend terms and conditions of loan that best fits the customer and the bank. Offer cross-sell opportunities to applicants that demonstrate the financial capacity to service the debt.
- Contribute to the Bank's profitability by making small business loans which meet Bank standards for economic value and safety.
- Contribute to the Bank's favorable image in the community by carrying out loan activities in a manner promoting customer goodwill.
- Learn to analyze financial statements, perform tax analysis and determine cash flows.
- Provide assistance to other underwriters and support consumer underwriting activities as needed.
- Comply with policies, procedures, security requirements, and government regulations.
- Associate's degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered)
- Experience in commercial credit analysis or small business underwriting required
- Knowledge of financial institution policies and procedures.
- Possess good sales, organizational, communication, and public relations skills, particularly in working with documentation that requires special or confidential handling.
- Proficient with the Bank's loan application processing system and Microsoft Office, including Word and Excel.
- Ability to work independently and accurately in a deadline driven environment.
- Knowledge of federal and state laws and regulations relating to small business lending, including SBA Express program policies and procedures.
- Targeted starting compensation range is based on location and experience: $24.19 - $28.46/hour
- Incentive and commission compensation may be awarded for eligible roles
- Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
- Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays
- 401k (up to 4% match with immediate vesting)
- Tuition reimbursement up to $5,250 annually (minimum service requirement)
- Read more about these and additional benefits at: Employee Benefits | Banner Bank
Please take time to review Banner Bank's Consent & Privacy notice before applying.
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
