Analyzes and spreads financial data related to new and renewal loan requests, including lines of credit, commercial real estate, working capital, equipment financing, loans for business start-ups, and business acquisitions, which typically would require a government guarantee.
ESSENTIAL DUTIES AND RESPONSIBILITIES
•Presents facts and offers opinions/recommendations to Business Development Officers (BDOs) concerning applicant’s credit worthiness. •Prepares summary and/or credit approval report documenting credit analyses and recommendation for credit decision to approving authority. •Assists BDOs in gathering details for new loan requests and in processing servicing actions for existing relationships, maintaining contact with clients and resolving issues. •Reviews annual financials on existing loans and analyzes the risk associated with the borrower’s financial condition, recommending risk-rating changes when appropriate. •Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness and adherence to approval conditions. •Follows up with customers to obtain all necessary information and clarification on financial analysis materials and resources. •May work with attorneys, the SBA, USDA, and financial or other legal resources to obtain correct and accurate documents to fully protect the financial institution’s interests in the credit relationship. •May participate in customer and prospect calls with the BDO. •Demonstrates 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 changes. •Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. •Maintain 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 description. •May be asked to coach, mentor, or train others and teach coursework as subject matter expert. •Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words. •Takes personal initiative and is a positive example for others to emulate. •Embraces our vision to become "The World's Greatest Bank." •May perform other duties as assigned.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
•Requires a bachelor’s degree or equivalent. •5-8 years of relevant credit analysis or commercial underwriting experience and SBA lending knowledge. •Strong analytical and problem solving skills with prior consumer, and commercial lending experience, wide-ranging and in-depth knowledge of industry practices. •Strong credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience. •Strong knowledge of credit policies, procedures, practices and documentation. •Strong knowledge of SBA SOP’s. •Demonstrated sales skills and business development. •Excellent written and verbal communication. •Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships. •Proficiency with personal computers and related software packages such as Word and Excel, and other business machines. •Must have completed accounting and credit training courses.
PHYSICAL AND ENVIRONMENTAL DEMANDS
•Office environment – no specific or unusual physical or environmental demands. •Occasional travel.
Umpqua Bank is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, protected veteran status, or disability. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.
We built our name re-inventing what it means to be a great partner in service of improving the financial well-being of our neighbors. We‘re acknowledged for our innovative customer experience and banking strategy by The Wall Street Journal, The New York Times, BusinessWeek, Fast Company, and CNBC, to name a few. We’ve been recognized for eight years in a row on FORTUNE magazine's list of the count...ry's "100 Best Companies to Work For,” and recently landed at #16 on Forbes’ Best Banks list. As we’re busy building the next generations of banking, certain fundamentals remain the same. We value people who strive to deliver great work as part of a team, who are driven to grow and improve themselves, and who engage actively in their community. Some things we do that help you be you include investing in your career development and providing up to 40 hours paid time off per year for service to the community.