Commercial Credit Underwriter

Location: Spokane, Washington preferred | Hybrid flexibility

A growing community-focused financial institution is expanding its commercial credit capabilities and building a more centralized underwriting function.

The organization is seeking a Commercial Credit Analyst or Commercial Underwriter who can help evaluate commercial borrowing relationships, analyze financial performance, identify credit risk, and support high-quality lending decisions.

The position can be calibrated to the experience of the individual hired. A developing analyst with strong fundamentals can grow into broader underwriting responsibility, while a more experienced candidate can immediately take ownership of new-money underwriting and more complex commercial credit analysis.

This is an attractive opportunity for someone who wants to become a well-rounded commercial credit professional rather than remain limited to one narrow part of the underwriting process.

• Broad exposure across commercial lending rather than a narrowly siloed credit function
• Opportunity to participate in both new-money underwriting and portfolio management
• Direct interaction with experienced credit leadership
• Strong professional development and exposure to broader bank decision-making
• Opportunity to help build and shape a centralized underwriting model
• Collaborative community-banking environment
• Hybrid flexibility with preference for candidates who can maintain meaningful team interaction
• Ability to grow from credit analysis into more complete commercial underwriting responsibilities
• Exposure to multiple borrower, collateral, and transaction types

• Analyze commercial loan requests, renewals, modifications, and annual relationship reviews.
• Review business and personal financial statements, tax returns, projections, borrowing-base reports, and supporting financial information.
• Perform cash flow, global cash flow, debt-service coverage, leverage, liquidity, and trend analysis.
• Evaluate repayment sources, collateral, guarantor strength, covenant structure, and overall credit risk.
• Identify key strengths, weaknesses, risks, and appropriate mitigating factors.
• Spread business and personal financial information using established credit systems.
• Prepare clear and well-supported credit memoranda, underwriting narratives, and risk assessments.
• Support new-money underwriting as experience and capabilities allow.
• Monitor borrower performance, covenant compliance, approval conditions, and overall portfolio quality.
• Assist with annual reviews, renewals, risk ratings, modifications, and other portfolio-management activities.
• Work closely with commercial bankers to understand borrower operations and appropriately structure credit.
• Participate in borrower or prospect conversations when appropriate.
• Maintain complete documentation consistent with credit policy, regulatory requirements, and sound banking practices.
• Support loan review, examinations, audits, and other credit-related projects.

• Approximately 2-5+ years of commercial banking, credit analysis, underwriting, portfolio management, accounting, or related financial-analysis experience.
• Bachelor's degree in finance, accounting, economics, business, or a related discipline preferred; equivalent relevant experience may be considered.
• Demonstrated ability to analyze financial statements and business/personal tax returns.
• Working knowledge of cash flow, global cash flow, debt-service coverage, leverage, and liquidity analysis.
• Commercial underwriting or meaningful credit-analysis experience strongly preferred.
• C&I and/or commercial real estate experience preferred.
• Formal credit training is beneficial.
• Ability to move beyond spreading financials and explain what the numbers mean from a credit perspective.
• Strong analytical and written communication skills.
• Comfortable working collaboratively with lenders, credit professionals, and other stakeholders.
• Curious, adaptable, and interested in developing a broad understanding of commercial banking.

The strongest candidates will have experience with some combination of:

• New-money commercial underwriting
• C&I lending
• Commercial real estate
• Equipment financing
• Annual reviews and renewals
• Business and personal guarantor analysis
• Collateral analysis
• Covenants and borrowing-base monitoring
• Appraisals and collateral due diligence
• Credit memorandum preparation
• Commercial portfolio…