The Senior Credit Officer role manages the credit underwriting function in support of line lending staff in the structuring of loan offerings, the development of relationship and exposure strategies and the management of portfolio risk to achieve team/regional goals and objectives. In this position, you will assist the Market Credit Director in developing and maintaining a formal regional risk and exposure profile based on economic conditions, targeted industry and loan product offerings and demographics. You will evaluate, develop and maintain critical vendor relationships with real estate appraisers and environment firms. Additionally, you will assist the line in evaluating, developing and maintaining other critical vendor, professional and counter-party relationships.
Core Job Responsibilities/Key Activities/Elements:
Credit Underwriting: Underwriting packages are complete and prepared in a timely manner. Content reflects the analyst's clear understanding of the proposed credit undertaking in the context of lending risk to the Bank and by addressing 3 foundational inquiries as determinants to loan grading: "Can they pay?"; "Will they pay?" and "What do we do if they don't?". The extent to which these inquiries are answered in an informative and evaluative context to the reviewer is paramount in both form and substance: a polished/professional executive summary followed by a comprehensive credit analysis and applied due diligence.
Real Estate and Environmental Appraisal Management: Working closely with Commercial Lending Group, vendor engagements, the communication of costs and fees and any follow-up between borrowers, lenders and our vendors are handled promptly and professionally. Both the external and internal review processes are conducted in a timely manner. All appraisal and environmental firms are reviewed during the first quarter of each calendar year coupled with recommendations by the analyst for additions or removals to the Bank's list of approved appraisal/environmental firms.
Critical Vendor and Other Periodic Financial Reviews: Vendors designated by the Bank as "critical" are reviewed by the Credit Department annually conforming with the Bank's Vendor Management Program review schedule and policies. In addition and conforming to BACC requirements are periodic reviews of bank participants. The Credit Department also underwrites and manages the municipal ACH portfolio. The qualitative assessment of the materials produced and adherence to the production schedule are the measures of performance standards.
Senior Management Reports: The Credit Department has been both the creative force behind and custodian of a number of critical reports used by the Commercial Lending Group, senior business development and risk management in measuring and managing credit risk in the CLG portfolio. The analysts' responsibility for production, review and timely distribution of these reports is critical.
Ensure compliance with all regulations, policies, and procedures.
SPECIFIC JOB RELATED EDUCATION & SKILLS
Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.
Strong working knowledge of all credit disciplines and portfolio risk management.
Knowledge of banking regulations, lending policies, procedures and techniques and well demonstrated understanding of loan risk factors.
Exceptional leadership and organizational skills.
Ability to multi-task and manage changing priorities.