Sr. CRE Underwriter

Join the Provident Team

Since 1956 Provident Savings Bank has proudly served the Inland Empire as a trusted community bank and the largest financial institution headquartered in Riverside. We are committed to delivering exceptional customer service while fostering a supportive team-oriented workplace.

Provident Savings Bank is seeking an experienced Sr. CRE Underwriter to join our Real Estate Financing team.

Sr. CRE Underwriter
Full-Time Non-Exempt Commercial Real Estate Department

Overview:

The Sr. CRE Underwriter is responsible for the comprehensive underwriting of complex major loan packages with a primary focus on multiâfamily Commercial Real Estate and Construction loans. This role provides expert analysis ensures regulatory and policy compliance supports departmental operations and serves as a key resource to loan agents brokers and internal staff.

Essential Functions:

• Performs advanced underwriting and credit analysis for major loan submissions including multiâfamily CRE and Construction loans ensuring full compliance with bank policies underwriting standards and regulatory requirements.
• Provides expert guidance to loan applicants loan agents brokers and internal staff regarding lending programs underwriting criteria title and escrow procedures and loan processing requirements.
• Conducts preliminary screening of loan submissions prepares initial system runs and ensures all loan data is accurately updated logged and maintained.
• Ensures loan files contain all required documentation including appraisals credit reports financial statements and tax returns; coordinates with loan agents to complete comprehensive loan packages.
• Prepares and presents detailed Loan Committee proposals for review and approval.
• Maintains strict confidentiality of all financial customer employee and corporate information.
• Supports departmental operations by assisting with training mentoring and providing guidance to staff in the absence of the CRE Loan Administrator.
• Ensures compliance with the Bank Secrecy Act USA Patriot Act OFAC and all applicable lending regulations including conducting due diligence and reporting potential risks.
• Maintains a high level of performance accuracy and productivity to support departmental goals and service standards.
• Other duties/special projects as assigned.

Qualifications

• Completion of coursework in Appraisal Escrow and Real Estate Finance and Principles.
• Minimum of five years of mortgage banking experience including at least three years as an underwriter; seniorâlevel underwriting experience strongly preferred.
• Comprehensive knowledge of bank lending policies regulatory requirements and major loan underwriting procedures.
• Strong verbal and written communication skills with the ability to interact effectively across all organizational levels and with external partners.
• High numerical aptitude strong analytical ability and exceptional attention to detail.
• Proficiency in Microsoft Word Excel Outlook and standard office equipment.
• Ability to read write perform basic math follow instructions analyze information and make independent decisions within the scope of responsibility.
• Valid CA drivers license and current auto insurance meeting or exceeding CA DMV requirements is required.

Required Experience:

Senior IC