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

The Senior Commercial Loan Underwriter is responsible for underwriting, structuring, and monitoring complex commercial credit relationships across a variety of commercial lending products, including commercial real estate, term loans, lines of credit, participation loans, and government-guaranteed lending programs. This position evaluates credit risk, analyzes financial information, determines appropriate loan structures, and prepares credit recommendations to support sound lending decisions and the overall strength of the commercial loan portfolio. The Senior Commercial Loan Underwriter serves as a senior resource for commercial lending teams by providing expertise, guidance, training, and quality feedback to underwriters and credit analysts. This role promotes consistent underwriting practices, supports portfolio monitoring efforts, and ensures adherence to Credit Union policies, procedures, regulatory requirements, and sound lending practices.

Essential Functions

Underwrites and analyzes complex commercial credit relationships, including commercial real estate, commercial and industrial loans, term loans, lines of credit, participation loans, SBA loans, and other commercial lending products.
Partners directly with Commercial Loan Officers to obtain required financial and supporting documentation, evaluate loan requests, structure transactions, and facilitate timely credit decisions.
Identifies, gathers, and analyzes financial and non-financial information to assess credit risk, evaluate sources of repayment, and determine appropriate loan structures.
Reviews and analyzes borrower and guarantor financial statements, tax returns, cash flow analysis, projections, collateral information, credit history, and other supporting documentation to determine creditworthiness and repayment capacity.
Evaluates loan structure, collateral sufficiency, risk factors, and loan terms while developing recommendations that align with Credit Union lending standards.
Prepares detailed written credit memorandums outlining borrower background, financial analysis, transaction structure, risk factors, stress testing results, collateral analysis, proposed terms, and risk rating recommendations.
Reviews and approves credit requests within delegated lending authority and provides recommendations on credit requests that exceed individual authority limits.
Participates in lending approval committee presentations and provides support to Commercial Loan Officers during the approval process.
Provides credit expertise and support to Commercial Loan Officers throughout the loan process, from initial request through approval, closing, and ongoing portfolio monitoring.
Ensures loan requirements, approval conditions, and documentation requirements have been satisfied prior to loan closing and funding.
Monitors assigned commercial loan relationships by completing periodic reviews, evaluating financial performance, assessing risk ratings, monitoring loan covenants, and underwriting modifications, renewals, and extensions.
Reviews leases, rent rolls, construction contracts, appraisals, environmental reports, UCC searches, flood determinations, insurance policies, and other collateral documentation to evaluate risk and protect the Credit Union’s collateral position.
Provides post-funding analytical support, portfolio monitoring, and relationship maintenance.