Corporate Credit Officer II

Corporate Credit Officer II

Start a career with First National Bank Alaska, the Best Place to Work in Alaska as recognized 10 years in a row by Alaska Business magazine readers.

Be the credit expert behind lending solutions!

We are seeking an experienced Corporate Credit Officer to partner closely with the Loan Participations portfolio Lender and executive leadership to evaluate risk, structure sound credit solutions, and support portfolio growth. This role provides credit analysis and loan underwriting to help the bank achieve its strategic objectives while maintaining strong credit quality. Salary: Job/salary offer would be commensurate with experience. Schedule: Monday-Friday, 8:00am-5:00pm

General Purpose Summary

Serves as analytical underwriter for all types of commercial transactions in various markets across the U.S. including shared national credits, loan participations and complex real estate and commercial/industrial (C&I) credits and oversees the analysis of the participation loan portfolio by performing the following essential duties and responsibilities:

Essential Duties and Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Manages the overall credit support administration process, which involves collaboration with corporate lending staff, executive and/or senior management, workflow, and ensures adherence to bank policy and federal regulations. Oversees the maintenance of the specialty loan portfolio adhering to all applicable credit policies and compliance requirements.
2. Works cross-functionally to provide technical consultation on credit matters. Develops and revises credit processes.
3. Analyzes commercial, construction, consumer and participation loans and loan requests including analyzing borrower information/financial statements, collateral and tax returns to determine ability to pay. Independently identifies and clearly articulates risks and mitigating factors that could impact the client's ability to repay.
4. Collaborates and consults with corporate lending staff, executive and/or senior management on underwriting complex loans and provide guidance on loan requests going to the Senior Loan Committee. Works with legal counsel to ensure loan documentation is presented fairly.
5. Works in conjunction with corporate lending staff and partnership banks to discuss and explain credit structures to the credit committee, regulators and auditors. Prepares and presents credit requests for credit approval. Analyze complex credit investigations and credit information on lead participating banks.
6. Analyzes individual and complex business/entity financial statements, public information sources, individual credit reports, and other relevant information to calculate cash flow and balance sheet ratios.
7. Prepares ongoing management reporting for credit risk; assists with credit risk response for the audits. Monitors the benchmark regarding growth, mix, and delinquency; coordinates participation stress tests and annual reviews. Utilizes these ratios and evaluates other qualitative factors to determine a client's risk of default. Performs monthly, quarterly and annual financial analysis for complex loan covenants.
8. Monitors accuracy of borrowing base certificates for lines of credit and loans secured by investments. Participates in monitoring, documenting, and reacting to the FNBA credit loan quality of assigned loans. Focuses on managing large and complex credit portfolio of participation loans. Assist in monitoring, documenting and responding to the credit quality of participation loans.
9. Stays abreast of industry trends and identify any that require research, evaluation, and selection of alternatives while exercising independent judgment to guide and mitigate loan risks. Recommends strategies that contributes to the bank's overall performance and achievement of the bank's short and long term goals.
10. Leads projects and assists executive and/or senior management with industry related initiatives that contributes to the achievement of bank's critical few strategies.
11. Performs other work-related duties as assigned by supervisor.

Compliance Expectations

• Ensure business unit's operations comply with bank policy, procedures, and banking regulations (for business unit heads).
• Ensure you and your delegates have adequate and current compliance training, and ensure training is completed on time.
• Stay up-to-date on relevant laws and regulations.
• Ensure you and your delegates comply with the bank's policies, procedures, laws and regulations.
• Maintain customer confidence and protect the bank's operations by you and your delegates identifying and protecting confidential information.

Supervisory Responsibilities

May supervise assigned employees. Carries out supervisory responsibilities in accordance with the organization's policies, and applicable laws and regulations. Responsibilities include interviewing and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems; and making recommendations regarding the hiring and terminating of employees.

Qualification Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Education and/or Experience: Minimum: Bachelor's degree in accounting, finance or related field and six years' progressively responsible experience in credit analysis, credit risk management, loan underwriting, or related experience; or equivalent combination of education/training and experience. Preferred: Two years' management experience.

Skills and Abilities: Strong Excel skills required. Demonstrated comprehension and application of intermediate financial analysis skills required. Ability to work with all levels of loan officers or other bank personnel in various areas of the bank, by phone and in person required. Ability to handle highly confidential information, frequent deadlines, and time constraints required.

Language Skills: Ability to read, analyze, and interpret common business journals and technical manuals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively communicate both verbally and in writing with customers and all levels of bank employees. Ability to effectively present information to top management and the public.

Mathematical Skills: Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Reasoning Skills: Ability to define problems, collect data, establish facts, assess risk and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several variables.

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. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job includes close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Working Conditions: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.