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Urgent! Sr. Asset Based Lending Underwriter Job Opening In Los Angeles – Now Hiring UMB Bank

Sr. Asset Based Lending Underwriter



Job description

**Senior ABL Underwriter-Hybrid/Los Angeles, CA**

**Summary**

The Sr. ABL Underwriter will work under minimal supervision and partner with the Marketing Officers, Loan Officers, Audit Department and Executive Management to perform critical tasks to execute due diligence for prospects and clients.

**How you will spend your time:**

+ Responsible for a variety of Asset Based transactions from revolving lines of credit to secured and unsecured term loans
+ Coordinating activities to structure, document, and close transactions
+ Review minimum information requirements from qualified prospects
+ Coordinate collateral and credit department review evaluations
+ Update all activity with the originating Marketing Officer
+ Recommend structure and pricing of facilities, sell pricing and structure to prospect, ensure the prospect would fund in compliance with UMB's Credit Policy and Underwriting Guidelines
+ Coordinate lien searches, legal document preparation, and first funding and successfully transfer the prospect to the Loan Officer
+ Prepare potential new client presentations for committee approval
+ Provide training/guidance to associates when needed

**We are excited to talk with you if:**

+ You have a bachelor’s degree and 5+ years of underwriting experience or experience managing asset-based lending and/or factoring accounts in a wide variety of industries
+ Proficiency in Word and Excel and other computer programs
+ Strong problem solving, decision making, and critical thinking skills
+ Ability to read and interpret financial and budgetary documents
+ Good organizational, interpersonal and communication skills
+ Ability to negotiate and influence
+ Good customer relation skills
+ Good attention to detail, the ability to multi-task and work effectively in a fast-paced environment

**Compensation Range:**

$120,750.00 - $257,250.00

_The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors.

In addition, this range does not encompass the full earning potential for this role.

Please see the description of benefits included with this job posting for additional information._

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits.

Benefit offerings and eligibility requirements vary.

**Are you ready to be part of something more?**

You're more than a means to an end—a way to help us meet the bottom line.

UMB isn't comprised of workers, but of people who care about their work, one another, and their community.

Expect more than the status quo.

At UMB, you can expect more heart.

You'll be valued for exactly who you are and encouraged to support causes you care about.

Expect more trust.

We want you to do the right thing, no matter what.

And, expect more opportunities.

UMBers are known for having multiple careers here and having their voices heard.

_UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law.

If you need accommodation for any part of the employment process because of a disability, please send an e-mail to_ _talentacquisition@umb.com_ _to let us know the nature of your request._

_If you are a California resident, please visit our_ Privacy Notice for California Job Candidates (https://p1.aprimocdn.net/umb/cdbf5f22-8f7a-43b9-bd03-b09f014a39c3/Privacy_Notice_for_California_Candidates_Original_file.pdf) _to understand how we collect and use your personal information when you apply for employment with UMB._

**_Who we are_**
We are more than a company.

We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.

Learn more about UMB's vision (https://p1.aprimocdn.net/umb/8cf58ce2-e9d6-4621-b60a-b09f01638943/UMB_Tuce_Book_Original_file.pdf)

Check out the road to a career at UMB


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