Job Description

JOB SUMMARY

Under minimal supervision and following established policies and procedures, responsible for C&I loan, Commercial Real Estate loan, Construction loan, Multi-Family Income Property loan, Mobile Home Park loan, Interim Bridge loan collaborative with SBA 504 CDC, Shared National Credit Participation loan, and Small Express loan underwriting. Complies with all regulations, which apply within the scope of the position, including Bank Secrecy Act.

DUTIES

• Prepares and submits CCR/CCM/Memo for new, renewal, modification and extension with recommendations for approval from the Credit Officer, Chief Credit Officer, and CEO, and may require to present at loan committee base on the bank’s lending authority level approval limit. Ensure correct input of borrowers and guarantors information as reflected in corporate and legal documents.
• Process all new commercial loan applications, gather and review borrower’s submitted financials and documents.
• For real estate transactions, reviews property operating statements, leases, rent rolls, real estate schedules to perform detailed cash flow analysis using Cash Flow Analysis templates and Sageworks System. Performs stress testing scenarios on all the floating interest rate.
• For C&I transactions, reviews cash flow cycles, conducts sensitivity analysis, evaluates Borrower’s cash flow and their ability to provide adequate debt coverage for the proposed transactions, as well as determine cushions of protections. Analyze the industry outlook and risk assessment.
• Completes risk ratings as mean to proactively mitigate potential risk associated with each asset within the portfolio. Underwriter has to have good understanding of the Bank’s policy and procedure, and is able to accurately assign the risk rating on each loan.
• Collaborative with Portfolio Managements to conduct routine annual loan reviews.
• Works with R/O to ensure receipt timely financial statements, aging reports, tax returns, and personal financial statements, and then analyzes these often complex personal financial statements and personal tax returns of sponsors/guarantors, as well as their contingent debt.
• Attends prospect calls with lending staff in order to gain a thorough understanding of the member/prospect and their business in order to determine the merits of specific loan requests and loan structure, as well as assist in the management of the member relationship
• Review appraisal and analyze collateral issue – conduct site inspection.
• Conduct require loan reviews (annual credit review, watch list report and SAC)
• Prepare and submit Reg B/HMDA/Credit logs
• Participate in audits as necessary

QUALIFICATIONS

EDUCATION: Bachelor’s degree in accounting, Finance, Economics, Business Administration, International Development, or other related disciplines.

EXPERIENCE: Over 5 years of experience with CRE/Commercial Underwriting (various asset classes), CRE/C&I/SBA experience preferred, Relationship/Portfolio Management experience preferred

SKILLS/ABILITIES

• Strong oral communication and writing skills for report analysis and presentation
• Must be able to interface with external clients, auditors, regulators, and executive management
• Must be versatile with willingness to learn.
• Require BA/BS in Finance/Accounting/Economics
• Proficiency with Microsoft Word and Excel
• Strong Analytical Skills
• Familiarity with Sage works is a plus

WHY WORK FOR US?

Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:

• Medical insurance
• Vision insurance
• Dental insurance
• 401(k)
• Disability insurance

Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies (GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website . Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

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