VP, Credit Underwriting Management

Objectives of this Role

This position reports to the EVP Chief Credit Officer and is responsible for workflow management and interaction between the credit department and commercial lenders. The VP Credit Underwriting Management manages a team of analysts, ensuring efficient resource allocation, quality work product, and team development, supports teams' underwriting of credit approval requests for both prospective and existing clients, and works with relationship managers to accurately evaluate and structure loan requests in accordance to prudent underwriting standards.

Essential Functions

• Responsible for supervision of subordinate staff within the department.

• Responsible for evaluating credit analyst performance, developing their abilities, and improving their output.

• Utilize strategic planning skills to develop and execute effective pipeline management, to ensure timely preparation of credit requests.

• Facilitate the collaboration between underwriting and lending to ensure accuracy, structural soundness and timeliness of credit proposals.

• Review and maintain ownership over team work quality, accuracy and production levels.

• Work with analysts and loan officers to review incoming financial statements on existing customers, financial spreads, loan structure and facilitating the communication of any concerns with the lending and credit leadership.

• Ensure all transactions either conform to the loan policy or ensure all policy exceptions are disclosed in the credit proposal.

• Own and develop bank resources and departmental training to maintain and improve core credit fundamentals and competencies in credit topics.

• Establish and maintain positive working environment and relationships with effective communication with internal and external business partners.

• Participate in establishment and refinement of processes, procedures, and systems in support of the origination, underwriting, and servicing of business purpose loans.

• Assume responsibility for gathering and preparing monthly Executive Loan Committee minutes and credit proposals for the Board Loan Committee.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities are as required and may change at any time with or without notice.

Competencies

• Leadership: Provide leadership including business engagement and core responsibilities. Collaborate with business leaders to create a robust and consistent credit risk process with sound quality measures.

• Credit Risk Management: Apply business knowledge to build an efficient credit risk management process that combines assessment, reporting, monitoring and communication.

• Collaboration: Communicate with other Credit Administration Management and Credit Portfolio Management leaders, Commercial Banking business leaders. Developing, implementing and integrating best practices in a collaborative manner.

Leadership Competencies

• Social Intelligence: Strong understanding of social situations and dynamics, and ability to operate effectively in a variety of social situations.

• Emotional Intelligence: Ability to communicate at the emotional level, understand emotions and emotional situations.

• Decision Making: Ability to make good decisions and knowing when to consult subordinates or peers and bring them into the decision-making process, and when it's time to step back and let others decide.

• Process Improvement: Provide direction on the analysis, selection, and implementation of continuous process improvement practices.

• Partnership: Proactively develop and expand deep relationships within Commercial Banking. Utilizing established continuous feedback loop in gathering both experience-based and measurable responses.

• Team member development and training: Partner with available resources and current managers in the creation of a comprehensive process focused on training, career development, and talent acquisition.

Skills and Qualifications

• Bachelor's Degree in finance, accounting or another business-related field from an accredited college or university required and related training, such as Commercial Bank Lending School (or similar program).

• Experience required: 6-10 years commercial lending and/or a credit administration position including underwriting and assessment of credit requests.

• Advanced financial and risk analysis understanding necessary to analyze complex credit data and financial statements to determine the degree of risk involved in extending credit.

• Advanced knowledge of Bank lending policies, as well as strong knowledge of Federal and State compliance and regulatory requirements.

• Excellent oral and written communication skills.

• Wolters Kluwer CASH Suite or similar financial analysis software.

• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.

Physical Demands

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Extensive reading and computer use is expected more than 50% of the time. Receiving detailed information verbally, in person, in writing, and by telephone is essential.

• Physical and mental ability to perform the essential functions of the job as listed.

• Able to regularly stand or sit for prolonged periods of time.

• Able to verbally communicate effectively with others.

• Able to legally operate an automobile in order to perform external real estate collateral inspections and other duties as assigned.

• Regular attendance is necessary and essential to this position.