Business Underwriter II

Umpqua Bank

  • Portland, OR
  • $70,000-100,000 per year
  • Permanent
  • Full-time
  • 8 days ago
Credit Services Lake Oswego, Oregon Portland, Oregon Sacramento, California Liberty Lake, WashingtonDescriptionAbout Us:At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our associates.We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.About the Role:Under general direction of management, an underwriter is responsible for the company's loan production process for multiple states, including analyzing and approving or declining credit requests with a focus towards maintaining a high-quality loan portfolio and ongoing process improvements while maintaining strong business relationships and partnerships throughout the bank.
  • Evaluate the overall credit worthiness of individuals and their ability to meet their financial obligations for traditional credit-based products as well as a variety of structured banking transactions, traded products, and underwriting activities.
  • Review proposed transactions against the credit standards set by the organization.
  • Monitor the Bank's credit exposure by industry and product/transaction type to ensure adherence to the exposure limits set by the Bank.
  • Maintain focus on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department at a broader level.
  • Ability to independently make decisions underwriting all loan product requests while adhering to Bank Policy and Procedures.
  • Work in a fast-paced environment while working with business partners to deliver exceptional customer service to internal and external customers. Work closely with Loan Processors to assure decisions are made in a timely manner and delivered to branch.
  • All employees are responsible for internal controls in the performance of their assigned duties. Internal control responsibilities are established in various policies, procedures, and documents, including the Code of Conduct.
  • Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
About You:
  • Bachelor's Degree in Business or completed business courses preferred.
  • 2-4 years in a business loan role as an underwriter or other relevant experience required.
  • Expert knowledge of all types of business loans, regulations, insurance, documentation, and analysis techniques specific to the industry.
  • Strong interpersonal skills with the ability to work in a team setting, along with strong mentorship skills and time management skills.
  • Working knowledge of manual and automated processing.
  • Intermediate skills in word processing and spreadsheet software programs.
  • Ability to work effectively in a team environment and accomplish work without direct supervision.
  • Strong written and verbal communication skills with the ability to influence the attitudes and opinions of others.
  • Strong financial analysis skills.
  • Multitasking with an ability to meet deadlines and solve problems in ambiguous situations.
Job Location(s): Ability to work fully onsite at posted location(s).Portland, OregonSpokane, WashingtonSacramento, CAOur Benefits:We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $70,000.00 to $100,000.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.Our Commitment to Diversity:Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: .To Staffing and Recruiting Agencies:Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.

Umpqua Bank