Credit Officer

Pay Range

Pay Range: $111,267.00 - $148,371.00

Responsibilities

Responsible for evaluating and underwriting loan approval packages for both existing credits and new prospects. Will be responsible for loans of moderate and higher level complexity, with particular emphasis on adherence to credit policy and requirements. Will facilitate credit approvals through the approval process and will approve loans within individual credit authority. Will support multiple regions and will report to the Regional Credit Officer with similar coverage.

Education and Experience

• 4 Year College degree, preferably in Finance or Accounting or equivalent education and experience
• Minimum 7 years lending or credit experience

Skills and Abilities

• Strong verbal, writing and interpersonal skills.
• Excellent analytical, credit and underwriting skills.
• Sound organizational and time-management skills.
• Complete knowledge of commercial loan policy and appropriate federal and state regulations pertinent to commercial lending.
• Sound understanding of economics, commercial finance and accounting.

Tasks Performed

• 45% Responsible for structuring and underwriting new loans as well as loans with existing customers with a focus on the more complex credits. Responsible for approving loans within individual credit authority. Activities will include meeting with clients, performing due diligence, preparation of the LAR and the underwriting document, developing financial projections and other modeling on a case by case basis. Responsible for communicating with all deal team members and senior credit officers. Responsible for ensuring the underwriting and loan approval packages are consistent with loan policy and prudent underwriting practices.
• 15% Meet with the teams throughout the Regions and will join Relationship Managers and other team members on client and prospect calls as requested.
• 10% Participate in corporate initiatives or other projects related to credit policy, crossing 10 B, commercial credit process improvements, data gathering and analytics, among others. Maintain awareness of loan products, economic and market conditions, accounting and regulatory changes.
• 10% Responsible for the portfolio management, monitoring and analysis as required on larger more complex credits. Responsible for preparation of status reviews for non-pass credits for names they have followed. Will direct and monitor early stage action plans consistent with loan policy.
• 10% Will participate in monthly pipeline reviews, will coordinate with LOB, credit support and credit staff on workflow and establishing priorities. Also responsible for preparing deal screen memos and supporting materials for review by the deal screen committee.
• 5% Supervises, trains, mentors and develops staff.
• 5% Other duties as assigned.

Physical Requirements

• Communicate effectively with internal and/or external customers
• Stationary 50% of time
• Move about within or between locations
• Bend, Twist, Crouch, Squat
• Move Objects to Maximum 20 lbs

Benefits for Full-Time Employees

• Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
• Parental Leave: Six weeks of paid leave at 100% of your salary.
• Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
• Dental and Vision Coverage: Ensuring your overall health and well‑being.
• Flexible Spending Accounts: For healthcare and dependent care expenses.
• Employer‑Paid Disability Coverage: Both short‑term and long‑term, with an option to purchase additional long‑term coverage.
• Life Insurance: Employer‑paid basic life insurance, with an option to purchase supplemental coverage.
• Voluntary Benefits: Including hospital, accident, and critical illness coverage.
• Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
• Adoption Assistance: Supporting your growing family.
• Tuition Reimbursement: Invest in your education and career growth.
• Employee Assistance Program (EAP): Access to support and resources.
• Pet Insurance: For all your furry friends.
• Financial and Banking Services: Various banking services benefits and financial planning assistance.

Benefits for Part‑Time Employees Working 20+ Hours/Week

• Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
• Dental and Vision Coverage: Ensuring your overall health and well‑being.
• Voluntary Benefits: Including hospital, accident, and critical illness coverage.
• Generous Parental Leave: Six weeks of paid leave at 100% of your salary.

Benefits for All Part‑Time Employees

• Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future.
• Paid Sick and Safe Leave: For your health and safety.
• Employee Assistance Program (EAP): Access to support and resources.
• Financial and Banking Services: Various banking services benefits and financial planning assistance.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.