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Underwriter (BBCN Bank)
Ref No.: 16-07781
Location: Los Angeles, California
Description POSITION OVERVIEW

To actively originate & produce commercial loans, consult with potential customers, and service loan portfolios of designated branch.

POSITION RESPONSIBILITIES
¿ Underwriting loans
¿ Interview potential customers and conduct phone inquiries for commercial loan
¿ Discuss and recommend the best WSB loan programs for borrower
¿ Review and request income and assets documents
¿ Assist in completing the application
¿ Review files in process daily
¿ Pull and review credit reports
¿ Train Assistant Underwriters and junior staff
¿ Order and review appraisal, title, environmental reports
¿ Collect and review all 3rd party documents (ex: escrow, appraisal insurance, etc.)
¿ Follow up conditions with managers and customers prior to submission
¿ Submit the file for a loan approval to Manager (s), SCM, CCO, CEO, MLC, and DLC
¿ Follow up all the prior to doc conditions
¿ Order loan documents through Note Department
¿ Communicate with borrowers, brokers, builders, appraisers, title officers, escrow officers, all agents, employees, etc.
¿ Package withdrawn declined loans for a second review by Senior Loan Department
¿ Generate an adverse action notice letter for declined loans and get a second review prior to mailing out
¿ Preparation for necessary reports
¿ Prepare monthly inventory reports
¿ Update progress reports all loans in designated worksheet and follow up pending conditions with branch managers
¿ Follow up on delinquency reports with branch managers
¿ Follow up with audit responses and exit meetings
¿ Update tickler reports
¿ Prepare a monthly loan performance report for department and bank
SKILLS/QUALIFICATIONS
¿ Working knowledge on credit analysis on commercial credits
¿ Working knowledge on international banking operations
¿ General knowledge on branch banking operations
¿ Good inter-personal skills
  • Bank of Hope is an Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law. Bank of Hope will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the employer's legal duty to furnish information.


ControlID: 14.234.89 SHR