Loan Underwriter Job at Archwest Capital, Irvine, CA

Zm1LU2NjdmZkbVZEWmtzNWVjSUNmZnpkRlE9PQ==
  • Archwest Capital
  • Irvine, CA

Job Description

Essential Functions

  • Underwrite business purpose bridge or construction loans in compliance with credit guidelines.
  • Review loan files for completeness, identify missing documentation, and approve borrower background.
  • Collaborate with Sales, Processors, Managers and Closers to communicate guideline requirements and finalize loan scenarios.
  • Must be able to prioritize time sensitive deadlines.
  • Manage pipeline of 60+ loans with efficiency and accuracy.
  • Analyze valuations for accuracy, risk and detail review of comparable market sales.
  • Participate in weekly pipeline meeting.
  • Identify and evaluate strengths, mitigating factors, and weaknesses of the loan request and escalate risks and issues.
  • Prepare and submit exception memos for scenarios falling outside guidelines.
  • Perform duties and responsibilities specific to department functions and activities.
  • Performs other duties and responsibilities as required or assigned by Manager.

Competencies/Skills

  • Strong attention to detail with the ability to stay organized and problem solve in a fast-paced environment.
  • Ability to articulate issues, problem solve and analyze with creative and outside of the box thinking.
  • Strong communication skills (written and verbal) with internal and external partners; ability to convey findings in a concise and comprehensive manner.
  • Effective organization and time management skills.
  • Capability to build trusting relationships internally and externally and elicit confidence by demonstrating reliability.
  • Strong team player with the ability to work effectively in a cooperative and diverse environment.
  • Capacity to analyze processes, support change and think operationally and strategically to achieve business goals.
  • Proven ability to partner with clients to identify business challenges and effective strategies/alternatives to mitigate them.
  • Highly self-motivated and self-directed.
  • Advanced use of Microsoft Office Suite with emphasis on advanced excel skills.
  • Financial analytical analysis with math and general accounting knowledge.

Education and Experience

  • 2 years’ experience underwriting business purpose and/or multifamily, commercial lending.
  • 2 years’ experience reviewing guarantor and borrower background reports, valuation analysis, including entity documentation to determine ownership and borrower structure.
  • 5 years of analytical experience within financial services, commercial banking, or business purpose lending.

Accessibility

At Archwest, we will make reasonable accommodations to enable individuals with disabilities to perform essential functions. Please just let us know by contacting us at [email protected].

Job Tags

Work at office,

Similar Jobs

AtlasAdvancement, Inc.

Director of U.S. Government Compliance Job at AtlasAdvancement, Inc.

 ...Overview: Our client, a Fortune 250 company based in Cleveland, Ohio, is seeking a Government Compliance SME and will provide relocation assistance for the right candidate. The Director of U.S. Government (USG) Compliance will operate with a high level of independence... 

Preva Smart Care

Occupational Therapist (Part-Time - Environmental Assessments) Job at Preva Smart Care

 ...Occupational Therapist (Part-Time Environmental Assessments) Baltimore, MD Hybrid / Field-Based W-2 Position (1015 hrs/week...  ...& Compensation - 1015 hours per week, flexibleweekday, evening, or weekend visits based on client needs. - W-2 hourly compensation... 

INSPYR Solutions

Human Subjects Research Assistant Job at INSPYR Solutions

 ...Title: Human Subjects Research Assistant Location: Redmond, WA Duration: 12 months Compensation: $25-$30 Work Requirements:...  ...Characteristics: Bachelors in the field of psychology (e.g. neuroscience), cognitive science (e.g., artificial intelligence),... 

Larson Maddox

Senior Paralegal Job at Larson Maddox

 ...committed to creating spaces that bring communities together and drive long-term value. Our client is seeking a Senior Real Estate Paralegal to support legal operations related to commercial property transactions, lease administration, and development projects. The ideal... 

Lula

Residential Maintenance Coordinator Job at Lula

 ...property managers across the country were struggling to keep up with maintenance due to the labor shortage and supply chain disruptions....  ...be expected to work in our local office located in Overland Park, Kansas Job Type: Full-time Salary: $55,000.00 - $60,00...