Director of Commercial Loan Underwriting

Director Of Commercial Loan Underwriting

Mechanics Bank is currently searching for a Director Of Commercial Loan Underwriting to join our team in Roseville, California. This role can also be based in Walnut Creek or Irvine, California.

Responsible for leadership and coordination of staff to consistently underwrite and analyze loan requests across all teams and in accordance with Bank and Department policies and procedures. Active involvement in deal structure / concept memo review and preflight process for larger / more complex transactions, to assess early viability of requests. Responsible for quality control across underwriting team, which may include reviewing larger transactions. Train staff on credit risk analysis, to ensure risks are appropriately addressed and consistent standards and practices are applied. Drive oversight of portfolio credit quality and overall regional portfolio management. Primarily responsible for interaction with internal loan review.

What you will be doing :

• Oversees overall underwriting and workflow management, including attending pipeline meetings and deals discussions when appropriate and managing to consistent underwriting standards.
• Oversees Portfolio Management quality within designated regions to ensure timely collection, and testing of financials from borrowers, site visits, covenant testing and other tickler follow up including the review of waivers or forbearance requests and letters prior to issuance.
• Oversees coordination and preparation of watch list credit comments & problem loan reports for assigned region.
• Ensure adherence to regulatory requirements; adhere to bank policies and procedures.
• Manage, develop and coach team members to ensure understanding of bank lending and underwriting policies and processes.

Who you are :

Salary : $150,000 - $210,000 annually

AIP / Bonus : up to 25%

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 :

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.