Commercial Loan Underwriter II

Join Us in Making an Impact ✨ 
 
At OneAZ Credit Union, our success is measured only by yours. We’re here to create lasting change in the lives of our members, our communities, and our team. If you're looking for a career with purpose, where your work truly matters—you've found it! 

Who You Are 🧩 

You’re impactful, compassionate, and fearless, ready to embrace new challenges and shape the future of financial well-being. You take accountability for our success and thrive in an environment where curiosity is celebrated. If this sounds like you, let’s build something great together. 

What You’ll Do 🚀

📍This position will be located at our Corporate Office: 2355 W Pinnacle Peak Rd, Phoenix, AZ 85027    

Maintains business member relations. Provides information on credit union business products and services to current and potential business members according to all credit union policies and procedures and both Federal and State rules and regulations. Performs analysis of financial statements, cash flows, and tax returns to evaluate the financial position of the borrower and/or guarantor(s). Maintains a thorough knowledge of credit union policy and operating procedures. Demonstrates the ability to liaison between multiple credit union departments. Operates within credit authority. Examines, evaluates, prepares Credit Requests and authorizes or recommends approval of member applications for business loans by performing the following duties. Any individual who meets the definition of a mortgage loan originator and is employed by a federal agency-regulated institution will need to be registered on NMLS.

Essential Functions

• Interviews members requesting refinance or loan re-write 
• Gathers background information on members applying for business loans by interviewing applicants
  and obtaining needed financial exhibits. Assists members with the loan applications process as needed. 
• Ensures that sound analysis and lending procedures are followed. 
• Negotiates terms and conditions  
• Acts in compliance with the credit union's Business Lending policies and procedures at all times. 
• Ensures that all NCUA, ASBD, and credit union policies and procedures are followed. 
• Cross-sells lending and other credit union products and services. 
• Facilitates and reviews prepared loan documentation vs. requirements; assists borrower in loan closing. 
• Review commercial loan applications and analyze credit information to make a general assessment of applicant’s creditworthiness. Determine whether or not the proposed loan will conform to the credit union’s lending policy. 
• Prepare written summary of loan terms and conditions and a written narrative explaining business background, outlining risk factors and justifying assigned risk rating, ensuring conformity with credit union policy and procedures and with applicable banking regulations. 
• Review construction contracts, leases, appraisals, environmental assessment reports, UCC searches, flood determinations, insurance policies and other information to assess risks associated with the credit union’s collateral position. Continue to develop knowledge of appraisal theory and approaches to values. 
• Prepare written summary of loan terms and conditions and a written narrative explaining business background, outlining risk factors and justifying assigned risk rating, ensuring conformity with credit union credit policy and procedures and with applicable banking regulations. 
• For CRE loans, conduct in-depth review of rent rolls, leases, balance sheets, income statements and tax returns presented by applicants to assess their ability to generate income sufficient to repay existing and proposed debt. 
• For C&I loans, conduct in-depth review of balance sheets, income statements, cash flow statements, tax returns, business plans and projections presented by applicants to assess their ability to generate income sufficient to repay existing and proposed debt. 
• Interact with account officers to negotiate loan terms and follow up on information required to decision the application. May contact loan applicants (customers) and their representatives (CPA’s, CFO’s) to obtain clarification about information received from them. Respond to credit applications within the time frame established by the department. 
• Assists in training
• Performs other duties and special projects as needed.
• Cross-trains and backs-up others as needed 
• Develop an understanding of Credit Union philosophy, organization, bylaws, and operational procedures and comply with the requirements of the Bank Secrecy Act, AML, OFAC and all other applicable State and Federal Financial Institution Regulations. 

What You Bring 🎯

• High School Diploma or GED Required
• Bachelor's degree, from four-year college or university, in finance or related field 
• 3 - 5 years’ experience in commercial lending.
• Must have experience with cash flow analysis, ratio analysis and projections.
• Proven ability in commercial lending including lines of credit, term loans and commercial real estate lending. 

Compensation & Benefits 🎉

• Generous paid time off: paid holidays, floating holidays, personal days, vacation days, plus sick time
• Low-cost Medical, Dental & Vision plans 
• Paid childcare assistance
• Award-winning 401K
• Gym fee reimbursement 
• Tuition Reimbursement 
• Student loan repayment
• ...and much more. Explore all the details in our comprehensive Benefits Booklet
• Target hiring range$84,149.19 - $105,186.49 (Depending on experience and prior to any incentives this position is eligible for)

Why Join OneAZ?

At OneAZ, we’re not just a credit union; we’re a financial trailblazer that passionately cares about inspiring dreams and driving prosperity in the communities we serve. We exist to clear the way for dreamers and doers, aspiring to be the bank for new pioneers. 

We are driving change in our communities, constantly improving our products and services so our members and their families can relentlessly pursue their dreams. By embodying our values and living our promise, you’ll be part of a team committed to exceeding expectations and redefining what’s possible. 

Additional Notes: 

Knowingly submitting false information will result in disqualification for consideration of future positions, termination of employment and forfeiture of other rights. Candidates for this position will be required to sign an authorization for OneAZ to conduct a credit and criminal background check, pursuant to procedures in the Fair Credit Reporting Act and any other applicable laws. All candidates will be considered for this position on an individualized basis, in compliance with all applicable equal employment opportunity laws. Any individual who meets the definition of a mortgage loan originator (MLO) and is employed by a federal agency-regulated institution will need to be registered on the Nationwide Mortgage Licensing System (NMLS). Ensures compliance with applicable policies, laws, and regulations, including the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) compliance, USA Patriot Act, and Office of Foreign Assets Control (OFAC). This job description should not be considered all-inclusive. It is merely a guide of expected duties. The associate understands that the job description is neither complete, nor permanent and may be modified at any time. At the request of their supervisor, an associate may be asked to perform additional duties or take on additional responsibilities without notice. Complies with all policies and standards. Position grades could fluctuate based on market value.