Commercial Loan Underwriter Manager

Mechanics Bank is currently searching for a Commercial Loan Underwriter Manager to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site.

Responsible for underwriting and risk analysis of credit requests within assigned business line. Performs independent, objective, and detailed financial and collateral analysis of credit requests. In collaboration with relationship manager, responsible for structuring transactions, developing credit recommendations, and loan portfolio monitoring including covenant compliance. Independently classifies loan performance and recommends risk rating. Completes and reviews credit applications as assigned. Performs annual reviews as required on all credit relationships. Notes significant trends and recommends policy changes if necessary. Collaborates with stakeholders on credit related matters to ensure expeditious processing and improve client experience. Within designated business lines and according to established policies and procedures, senior levels may be granted lending authority as assigned.

What you will do:

• Works on special projects requiring expert knowledge as required. Capable of leading team efforts, training, and assisting with workflow management as assigned. May manage managers with multiple direct reports. Carries out supervisory responsibilities in accordance with the Bank's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; managing and appraising performance; coaching and development; addressing complaints and resolving problems.
• May participate on client calls with relationship manager, within assigned business unit. Acts as additional signer on credit requests completed by underwriters, within designated business unit.
• Conducts detailed, independent financial and collateral analysis on credit requests. Evaluates business plans, projections, operating records, and financial statements. Evaluates all types of collateral in relation to feasibility of transaction, market/industry conditions and loan structure. Supports conclusions based on factual data. Effectively communicates information and analytical results to stakeholders.
• In collaboration with the relationship manager and underwriters, identify risks/mitigants of loan structure and participates in discussions with credit risk as required. Identifies risks associated with each loan and mitigations to risks. Generates and recommends risk ratings.
• Interprets and applies Bank policies, governmental regulations, and accounting theory. Prepares reports and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts. Performs industry research in various market areas to support transaction. Participates on client calls and/or client relationships with relationship managers as assigned. Performs all other job duties as assigned by supervisor.
• Responsible to work on the most complex credits requiring in-depth evaluation of complex business plans, projections, operating records, and financial statements. Assesses credit risk, and generates and recommends appropriate risk ratings. Performs annual reviews and prepares credit applications on the largest and most complex credits.
• Travel: 10-20%.

Who you are:

• 4 Year Bachelor's Degree in Business, Accounting, Economics or related field preferred.
• 10 years minimum of Accounting or Financial Statement/lending experience required.
• 3 years minimum of leadership experience required.
• Additional experience may be considered in lieu of degree.
• Extensive expertise in detailed financial and collateral analysis of the most multifaceted, sophisticated, and complex credit requests.
• Responsible for carrying out programs or functions within the scope of established goals and objectives. Judgment is exercised in interpreting practices and procedures and resolving most work problems.
• Ability to structure, develop, and complete credit recommendations and financial modelling on the most complex loans.
• Adept at utilizing financial software programs and other databases integral to compiling financial and collateral analysis spreads.
• Must demonstrate excellent customer service skills with ability to communicate tactfully and listen attentively to the customer.
• Possess good human relations, communications and business writing skills.
• High level of accuracy and great attention to detail.
• Strong analytical and problem solving skills.
• Able to make and support sound decisions.
• Possess effective time management and organizational skills.
• Able to cope with pressure resulting from meeting required deadlines and reporting requirements.
• Demonstrate teamwork in facilitating workflow. High level of cooperation with others and responsive to the Bank's needs.
• Consistently demonstrate tact, discretion and good judgment.
• Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive information.
• Able to work effectively without direct supervision.
• Able to comprehend and interpret Bank policies and procedures.
• Must be able to travel throughout bank's footprint to perform required duties (less than 25%).
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

ADA Requirements:

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls.
• The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.
• The employee must occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job include close vision.
• The noise level in the work environment is usually moderate.

#LI-HW1

Pay Range: $127,600.00 - $229,680.00 annually

AIP Bonus up to 20%

Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.Benefits package includes[1]:

• Medical, prescription, dental, and vision coverage for employees and their eligible family members
• Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
• Health Savings Account with employer contribution
• Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
• 401(k) and Roth 401(k) with company contribution
• 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
• Supplemental Health plans, Voluntary Legal and Identity Theft Services
• 11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
• Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.

• Please view Equal Employment Opportunity Posters provided by OFCCPhere.
• To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit California Privacy Policy for Prospective Employees | Mechanics Bank
• 
  
• Please view Equal Employment Opportunity Posters provided by OFCCPhere.
• To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit California Privacy Policy for Prospective Employees | Mechanics Bank

[1]

The benefits listed in this job posting reflect the Bank's most reasonable and genuinely expected benefits offered for this position.

Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.