Credit Associate

The Credit Associate position is primarily responsible for the underwriting of new loan requests, as well as the day-to-day monitoring of the existing loan portfolio.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES :

Review and evaluate commercial credit requests in conjunction with Bank guidelines, resulting in recommendations for approval, conditional approval, denial and/or restructure. Perform all underwriting tasks for loan requests from new and existing clients including completion of credit approval packages and approval memos. Underwrite existing loan regular reviews. Analyze risk, identify mitigants, and recommend risk ratings for commercial loan requests. Participate in the preparation and review of legal documentation for existing and new loan requests. Monitor loan and department approvals. Perform new and existing loan quality control analysis to minimize loan documentation and loan system data entry errors. Publish the approved DRB Loan Policy and compile appendices. Perform special projects as needed. Verify that customer information and documents are up-to-date and obtain missing or outdated information as needed. Participate in developing department goals, objectives and systems. Recommend new approaches, policies and procedures to continually improve efficiency of the department. Participate in staff meetings and take part in training as needed. KNOWLEDGE, SKILLS and ABILITIES : 3+ years of experience within the banking industry with a focus on credit. Familiarity with tax returns, financial statements (balance sheet, income statement, statement of cash flows, etc.), statements of financial condition, construction agreements and budgets, and various loan and corporate documentation. Knowledge of different types of commercial and personal loans and their respective rates and spread ranges for given risk profiles. Extensive Microsoft Office Excel and Word expertise. Critical thinking and analysis. Strong attention to detail. Strong organizational, written, verbal and interpersonal communications skills. Ability to work in a fast paced environment, change priorities and multi-task. Must have integrity, ethical practice and the ability to maintain confidentiality/discretion in company and HR matters.

EDUCATION/EXPERIENCE REQUIREMENTS :

College degree or equivalent work experience. Required Years of Work Experience: 3+ Salary Range : $57,489 - $70,000 annually 401(k) 401(k) matching Flexible spending account Health insurance Life insurance Paid time off Vision insurance Schedule: Monday to Friday #J-18808-Ljbffr DR Bank