Regional Credit Officer

Description

SUMMARY: Lead and manage a team of Credit Analysts, Portfolio Managers and other support staff in all aspects of underwriting and credit risk management for a geographic region supporting Commercial Lending, and as necessary provide underwriting support for Private Client Services and Consumer Lending. Assist team in performing financial analysis and risk rating assessments on commercial & industrial loans and commercial real estate loans. Communicate and implement credit policy and practices within new loan production and review existing credits while providing guidance for policies, procedures, guidelines and risk assessment. In addition, partner with sales and documentation to improve the accuracy and efficiency of commercial loan processes and to further build customer relationships and enhance shareholder value.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Credit Administration:

• Assist Chief Credit Officer in managing the risk associated with the distribution of bank loans
• In conjunction with the Chief Credit Officer, communicate and coordinate the implementation of credit administration Policies, Processes and Procedures that are consistent with the overall credit culture of the bank, sound lending principals, strategic initiatives and regulatory guidelines
• Monitor adherence to Credit Policy and manage the instances of exceptions
• Actively lead or participate in Project Development for technology enhancements and process improvements to increase Credit Underwriting and Portfolio Management efficiencies
• Responsible for assisting with preparation, review/revisions, and writing of Bank lending related policies
• Review loans for approval by assigned loan authority
• Chair/Co-Chair Regional Loan Committee
• Manage Credit Analyst team as required
• Utilize various monthly, quarterly, and annual reports regarding portfolio status, deal flow and workload to the Chief Credit Officer

New Loan Underwriting:

• For purposes of prospecting, spread financial statements and provide general operating trends and financial statement analysis comments for review by the Commercial Lenders for initial opportunity assessment and strategic development
• Assist Commercial Credit Analysts with submitting new loan requests to underwriting, perform cash flow and financial statement analysis by using advanced accounting skills on all applicants, complete collateral analysis and use all analytical tools provided to aid in the development of the loan write-up
• Through the Risk Rating Matrices, agree and confirm proper grading to ensure Asset Quality identification
• Collaborate with Market Presidents and Commercial Lenders in the preparation of complete and accurate loan write-up for presentation to the appropriate credit authorities for decisions on new loan requests
• Review of Commercial Loan Presentations
• Provide feedback to the Chief Credit Officer about the proper structure of loans and write-ups in preparation for the Executive Loan Committee
• Maintain ongoing communication with all appropriate management on the status of new loan production
• As needed, participate with sales personnel in customer meetings, effectively preparing so that all pertinent topics are covered that will contribute to a timely and thorough presentation of the loan write-up

Portfolio Monitoring:

• Provide accurate and impartial financial and risk analysis and credit investigation of existing customers
• Responsible for confirming the accuracy of Risk Rating Matrices along with the Commercial Lender's approval and timely monitoring of the receipt of proper analysis of financial information provided by the customer
• Assist Credit Analysts and Commercial Portfolio Managers in underwriting reviews and renewals of existing credit facilities. Focus on appropriate due diligence, regulatory compliance and documentation accuracy
• Ongoing monitoring will concentrate on covenant and borrowing base compliance, review of trend analysis reports, and address possible default situations and ultimately identify any deterioration or changes in the customer's capacity to follow the contractual terms of their agreement
• Oversee Annual Reviews/Renewals to insure assigned completion levels are attained
• Utilize various monthly, quarterly, and annual reports regarding portfolio status, deal flow and workload to the Chief Credit Officer to assess ongoing risk within the Commercial Loan Portfolio to ensure continued Asset Quality
• Serve as a point of contact with regard to Credit Administration, during reviews for the organization to Internal/External Auditors, Internal/External Loan Review, Credit Risk Management consultants, Federal Regulators (OCC) Credit Risk Review and works closely with the Chief Credit Officer, Loan Administration and the Special Assets Manager

Special Assets Support:

• Provide assistance to the Special Assets Manager in identifying those customers with potential or defined weaknesses
• Support tactical plans by assisting Special Assets Manager with credit analysis, collateral assessments such as title work and appraisals, and documentation review
• Serve as a member of the organization's Criticized Asset Committee

Other Essential Duties and Responsibilities:

• Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations
• Regular, predictable attendance is an essential requirement of this position
• Complete all other duties as assigned
  

EDUCATION AND/OR EXPERIENCE:

• Bachelor's Degree, preferably in Accounting, Finance, Economics; specialized training: AIB, Ohio Banking School, RMA, P/C preferred
• Minimum ten (10) years commercial lending related experience and/or training
• Strong accounting knowledge and understanding of the connection between the balance sheets and income statements; providing analysis of UCA cash flows; operating efficiencies; and borrowing causes
• Strong knowledge of Word, Excel and Financial Statement spreading/monitoring software
• Ability to clearly and effectively communicate both verbally and in writing

E-Verify is used to confirm the identity and employment eligibility of all newly hired employees.

Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran

Qualifications

• Portfolio Management (preferred)
• Commercial Lending (required)
• Credit Analysis (required)