Underwriter

Location: Northern California

Job Type: Full-time | Exempt | Hybrid Eligible.

Salary Range: $100,000 – $150,000 per year

About Commercial Bank of California

Commercial Bank of California (CBC) is the largest Latino-owned bank in California and a certified Minority Depository Institution (MDI). Headquartered in Irvine and founded in 2003, CBC is one of the largest privately held banks in the state, with over $3.5 billion in assets as of December 2024. We are a purpose-driven financial institution committed to building long-term relationships and delivering innovative, personalized banking solutions. Our leadership reflects the diverse communities we serve, and our mission is rooted in empowering entrepreneurs, business owners, and community leaders to thrive. As a certified MDI, CBC is proud to play a vital role in advancing financial inclusion and economic opportunity. We believe in a higher vision for banking—one that prioritizes trust, collaboration, and community impact. Join us and be part of a team that’s redefining what it means to be a community-focused, relationship-driven bank that puts people over profits.

Job Summary

The Underwriter plays a critical role in supporting Commercial Bank of California’s relationship-driven lending strategy by evaluating and analyzing complex commercial and business credit requests. With minimal supervision, this role is responsible for preparing detailed credit authorizations in accordance with CBC’s policies and presenting recommendations to senior credit personnel and credit committees. The Underwriter conducts thorough financial analysis—including spreading and interpreting business and personal financial statements—to assess borrower capacity and risk. This position requires a strong ability to synthesize financial data, apply sound judgment, and provide well-supported opinions on creditworthiness.

Essential Duties and Responsibilities

• Interacts directly with loan officers and customers/prospects regarding commercial business loans.
• Prepares accurate financial statement spreadsheets and debt service analysis derived from business and personal financial statements and tax returns.
• Prepares accurate Credit Authorization’s in conjunction with loan officers and presents a complete and thorough analysis of existing and potential borrowers.
• Recognize and act on customer prospects, cross sell opportunities with existing customers.
• Make proper referral of loan opportunities to lending personnel.
• Interacts independently, without direction with customers/prospects to request financial information to complete spreading presentations and other financial analysis.
• Assists in the accurate determination of a borrower’s debt service capacity in conformity to the type of credit analyzed.
• Reviews loan agreement covenants for verification of the compliance thereto.
• Accurately prepares financial projections as required.
• Maintains an accurate, up-to-date tracking log of all activity and credit arrangements in process.
• Collects industry information relevant to existing and proposed borrowers using internal & external sources.
• Consult with the President, Chief Credit Officer, Credit Administration Officers, and other Loan Officers, on credit structure, pricing, collateral and other credit consideration issues.
• Gather information from the Bank’s LAS system to compute lending liability to the Bank.
• Conducts trade and reference checks on customers/prospects.
• Review documentation to ensure compliance with Bank policy and procedures.
• Performs special projects as designated by the Credit Administration.
• Other duties as assigned.

Minimum Qualifications

EDUCATION AND/OR EXPERIENCE:

Bachelor's degree (B. A.) from four-year college or university; or 5+ years related experience and/or training; or equivalent combination of education and experience.

Knowledge of:

Basic knowledge and training in financial statements and tax return analysis typically from a combination of education in accounting, financial and/or credit analysis. Intermediate proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, Teams). Working knowledge of Abrigo a plus. Strong understanding of all related State and Federal lending regulations and Bank policies and procedures. Advanced knowledge of commercial, C&I, commercial real estate policies, practices and procedures.

Abilities:

Possess strong sales and marketing ability to sell Bank Services. Manage priorities to ensure effective accomplishment of objectives. Handle high volume of workflow from various sources. Plan, organize and prioritize tasks to meet deadlines. Lead and motivate employees to complete tasks in accordance with established standards. Analyze and solve work problems. Follow oral or written instructions. Communicate effectively with co-workers, consultants, regulators, and other parties. Prepare clear and concise reports and other documentation and correspondence.

Benefits & Perks

• Competitive employer contribution to medical, dental and vision coverage
• 401k plan with employer match
• Flexible Spending Accounts (FSA) and Dependent Care Accounts
• Employee Assistance Program (EAP)
• Employer provided Calm subscription
• Employer provided mental health benefits through Teladoc
• Life, AD&D and disability insurance
• Minimum 15 Days of Vacation, 11 Paid Federal Holidays, Paid Time off to Volunteer
• Online discount program
• Tuition Reimbursement Program

Join Our Team!

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Equal Employment Opportunity & Accommodations

Commercial Bank of California is proud to be an Equal Employment Opportunity employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified individuals will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, protected veteran status, or any other legally protected characteristic. We evaluate applicants fairly and equitably, including those with criminal histories, in accordance with applicable federal, state, and local laws. Commercial Bank of California is also committed to providing reasonable accommodations to individuals with disabilities. If you require a reasonable accommodation during the application or interview process, please contact us at hrrecruiting@cbcal.com with the nature of your request and your contact information.

Recruitment Policy

Commercial Bank of California does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to CBC, either directly or indirectly, will be considered the property of Commercial Bank of California. We will not pay a fee for any placement resulting from the receipt of an unsolicited resume. To submit candidates for consideration, recruiting agencies must have a valid, written, and fully executed agreement with Commercial Bank of California. Without such an agreement in place, no agency submissions will be accepted or compensated.