Credit Officer

Where Banking Feels Like Belonging At APGFCU, our values are at the heart of everything we do, empowering us as leaders in the credit union movement. We prioritize purpose and connection in how we serve our members, co‑workers, and communities - helping to navigate life's little and big moments. SUMMARY Under the general supervision of the vice president of business banking, the Business Credit Officer is responsible for managing the Business Credit function and will assume direct leadership of the underwriting team as volume and complexity increase. This role monitors and assesses the credit risks of the credit union's commercial loan portfolio and high‑dollar loans. Tasks include conducting detailed financial statement analyses, industry assessments, collateral valuations, cash‑flow analyses, and evaluating the ability to repay annual debt service. The position requires strong analytical skills, attention to detail, and the capacity to make informed credit decisions within established policies and regulatory guidelines. Additionally, the officer promotes a positive image of the credit union in the community through participation in organizations and events. ESSENTIAL DUTIES AND RESPONSIBILITIES Lead and develop a team of underwriters as the department grows and expands Manage commercial loan files to ensure compliance with regulatory guidelines and credit union policies Determine credit risk profiles based on financial analysis and market conditions Analyze financial spreads to identify potential risks associated with credit applications Prepare comprehensive loan presentations, ensuring all deal aspects are accurately represented and ready for approval Analyze financial statements and prepare models to assess various scenarios impacting proposed transactions Ensure that financial covenants, reporting requirements, and loan documentation are adhered to throughout the loan process Assess all relevant credit and financial information, including financial statements, tax returns, due diligence reports, credit reports, appraisals, and industry research Work with the VP of Business Banking to manage deal flow and monitor the quality of the credit portfolio Implement internal and external audit points, addressing any issues raised by regulators Complete thorough credit analyses for commercial transactions, including risk ratings and rationales, with a focus on identifying risks to the credit union Participate in structuring loan requests, suggesting terms, conditions, controls, collateral, and guarantors as necessary Stay updated on accounting standards and financial analysis best practices Engage in departmental projects and complete related tasks as assigned Serve as a point of contact for business members, addressing questions or concerns during credit evaluations Compile and maintain economic data relevant to national, regional, and industry‑specific trends Assess property appraisals and related documentation Accompany loan officers on client calls to gather information for analyses Conduct credit inquiries and update information regarding commercial borrowers Maintain organized and accessible Business Lending Credit files Provide support to loan officers and assist with member service needs as required QUALIFICATIONS Education: A degree in finance, accounting, business administration, or a related field preferred; MBA or equivalent work experience preferred. Extensive related experience and certifications can be credited in lieu of education. Experience: Minimum of ten years of commercial lending experience as a financial analyst with commercial credit underwriting and in‑depth knowledge of financial regulations pertaining to commercial credit transactions required. Experience analyzing financial statements and credit reports; proficiency in preparing financial projections and conducting thorough risk assessments required. Minimum of 3 years of experience leading and developing a high‑performing team. COMPENSATION Offers are based on experience and education. $103,000 - $175,200 annually APGFCU provides comprehensive benefits such as medical and dental (shared expense), vision, 401(k), life and disability insurance, flexible spending account, employee assistance program, referral program, educational assistance, holidays, annual leave and sick leave. KNOWLEDGE, SKILLS, AND ABILITIES Extensive experience in reviewing and understanding financial statements as a tool in making credit decisions. Self‑motivated; detail‑oriented, with strong organizational skills, decisive, with a "get it done" mentality. Proficient computer literacy in Microsoft Suite, with concentration in Word and Excel. Must possess a high level of interpersonal skills, excellent communication, sales, relationship management, and public relations skills. Experience in advising loan applicants and assessing loan applications. A high degree of confidentiality is required. Must have functional knowledge and comply with applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Maintain a positive and productive work atmosphere through communication that promotes positive working relationships with leaders, members, employees, board members, and external vendors. 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand, walk, use hands to handle or feel objects, tools, or controls, and talk or hear. The employee frequently must reach with hands and arms, type, sit, stoop, kneel, or crouch. The employee must frequently lift and/or move up to 25 pounds, and be capable of transporting related supplies and equipment. Specific vision abilities include vision, distance vision, color vision, peripheral vision, depth perception, and the ability to focus. EEO STATEMENT APGFCU is an Equal Opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or patriot veteran status. #J-18808-Ljbffr