Credit Officer II

• Review loan application and financial information; evaluate and determine credit structure and terms; fully underwrite CRR consistent with Bank format, policies and procedures; determine sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors. Ensure CRR contains a well supported recommendation or decision; the risk rating is correct and supported; and the data and analytics used to support the decision are accurate and calculated correctly.
• Attend client meetings at PB, Sales Manager, or Credit Manager's request to facilitate delivery of credit product and/or assist in problem resolution. Contact borrowers directly, for additional information and details related to loan request or clarification of financial materials and resources.
• Provide balanced and appropriate credit guidance to PB and Sales Manager and collaborate in determining appropriate credit strategy.
• Provide credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards. Author credit approval memorandum.
• Provide input to the PB and Sales Manager when loan pricing does not appear to reflect inherent risk in subject transaction. Pricing may be either too high or too low. Restructure loans and/or lines of credit as required. Assumes accountability for minimizing Bank losses.
• Perform periodic financial reviews of client's financial condition including monitoring covenants and conditions. Take a proactive approach toward resolution. Escalate potential credit issues to New Business Credit Team Leader and/or Credit Manager.
• Have primary role in early problem loan identification and the timely and accurate changes in loan grades. Monitor and take initiative to respond to past dues based on information provided by the PCA.
• Maintain up-to-date knowledge on all Bank lending policies and regulations. Confer with the Credit Manager and appropriate Bank personnel regarding new/existing lending requirements and regulations.
• May coordinate loan documentation including work with legal, CLC, or other outside counsel to obtain the correct, accurate documents to ensure all loan are documented to fully protect the Bank’s interests in the credit relationship. Review collateral periodically to minimize credit exposure.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 5 years of credit underwriting experience required.
• Minimum 5 years of experience in a banking or financial services environment required.
• Must be in good standing under “The Secure and Fair Enforcement for Mortgage Licensing Act of 2008” (Safe Act) and must be registered/licensed with the “Nationwide Mortgage Licensing System and Registry”; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.

Skills and Knowledge

• Complete understanding of commercial credit policies and procedures.
• Wide application of credit principles and concepts.
• Strong credit analysis and accounting skills with the ability to communicate skillfully and effectively in both verbal/written forms.
• Good organizational skills.
• Ability to work independently and interact effectively with all levels of Bank personnel and outside contacts.