Sr. Asset Based Lending Underwriter (Los Angeles)

Senior ABL Underwriter

The Sr. ABL Underwriter will work under minimal supervision and partner with the Marketing Officers, Loan Officers, Audit Department and Executive Management to perform critical tasks to execute due diligence for prospects and clients.

How you will spend your time :

• Responsible for a variety of Asset Based transactions from revolving lines of credit to secured and unsecured term loans
• Coordinating activities to structure, document, and close transactions
• Review minimum information requirements from qualified prospects
• Coordinate collateral and credit department review evaluations
• Update all activity with the originating Marketing Officer
• Recommend structure and pricing of facilities, sell pricing and structure to prospect, ensure the prospect would fund in compliance with UMB's Credit Policy and Underwriting Guidelines
• Coordinate lien searches, legal document preparation, and first funding and successfully transfer the prospect to the Loan Officer
• Prepare potential new client presentations for committee approval
• Provide training / guidance to associates when needed

We are excited to talk with you if :

Compensation Range : $120,750.00 - $257,250.00

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more? You're more than a means to an enda way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request. If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.