Senior Special Assets C&I Underwriter

About the organization

A well-established, community-focused financial institution headquartered in the Bay Area, known for its personalized banking services and long-standing commitment to local communities. The organization offers a full range of financial products including personal and business banking, mortgage lending, and wealth management. It distinguishes itself through relationship-based service, local decision-making, and support for regional economic growth through philanthropic initiatives and community engagement.

Position Overview

Reporting to the Special Assets Manager, the Senior Special Assets C&I Underwriter is responsible for underwriting and managing adversely graded loans within the Bank's classified loan portfolio. This includes secured and unsecured commercial loans, land and construction loans, income property loans, and private banking lines. The role focuses on restructuring troubled borrower relationships, reducing classified assets, and minimizing loan losses while ensuring compliance with bank policies and regulatory requirements.

Key responsibilities include financial and cash flow analysis, collateral evaluation, risk mitigation strategy development, and preparation of required monthly and quarterly reports. The position requires strong independent judgment, collaboration, and alignment with the Company's Core Values in all internal and external interactions.

Role and Responsibilities

• Manage a portfolio of criticized and classified loans to reduce delinquency and charge-offs.
• Conduct thorough financial analysis and provide timely, accurate reporting.
• Meet with borrowers to assess financial challenges and recommend strategies to enhance repayment and mitigate risk.
• Negotiate repayment terms and loan restructures, evaluating loan terms, collateral, guarantor strength, and liquidation rights; present recommendations for approval to appropriate committees.
• Oversee the management and disposition of repossessed assets efficiently.
• Ensure risk ratings, accrual status, and loan loss provisions accurately reflect asset quality.
• Recommend timely loan downgrades and charge-offs as necessary.
• Assist in managing bankruptcy and foreclosure processes, in coordination with legal counsel and the Special Assets Manager.
• Advise lending staff on early intervention strategies for deteriorating credits not formally assigned to Special Assets.
• Support special projects such as annual loan reviews, credit audits, and regulatory requests as needed.

Minimum Qualifications