Credit Analysis Manager

Tompkins Financial Corporation   •  

Ithaca, NY

Industry: Accounting, Finance & Insurance

  •  

5 - 7 years

Posted 32 days ago

Brief Description

Credit Analysis Manager



Position Summary:

Responsible for managing the credit analysis function; managing the underwriting pipeline for commercial loan volume; administering an ongoing credit review and analysis program; supervising credit analyst team;. Administers bank’s loan review activities in accordance with established policies and State and Federal regulations. Provides senior management with an accurate assessment of the loan portfolio; ensures the credit quality standards, legal and technical compliance procedures and lending policy are adhered to. Assists in developing objectives, policies, and procedures with respect to commercial loan portfolio.



Primary Responsibilities:

As the leader of credit analysis.
Evaluation and credit analysis of financial statements.
Handles credit inquiries from loan officers, senior management, and staff personnel.
Works with loan officers to assure bank is provided with up-to-date financial information on borrowers.
Discusses financial statement data with customers, relationship managers, analysts, and accountants to obtain a clearer picture of business activity and financial condition.
Assists in developing plans and strategies in conjunction with loan officers to minimize loan charge-offs from deteriorating credits, and to review and restructure credit terms and better secure collateral to limit bank’s exposure with respect to deteriorating credits as appropriate.
Assures accurate and detailed commercial account records and collateral documents and documentation. Assures tracking and security of same. Assures placement of appropriate insurance.
Maintains logs of telephone and written inquiries, credit reviews, and analysis activity; provides management with status reports as required.
Provides management and review of bank’s loan portfolio by performing the following:
Reviews commercial loans to identify potential problems. Responsible for rating of loans and credits and for additional/deletion of watch and monitors list credits. Directs management loan review meetings and recommends appropriate action. Suggests loan review policy changes as necessary to senior management.
Reports results of loan reviews, citing irregularities, recommending additional documentation, collateral, and other ways in which to improve the bank’s position on existing credits.
Reviews collateral as required; verifies that proper documentation procedures are being maintained. Works with loan operations as needed.
Advises loan officers, senior management, the credit committee of the board of directors, banking regulators, and the bank’s CPAs about specific loan status, bringing problem loans and technical deficiencies to their attention.
Reports policy violations/exceptions.
Administers on-going reporting requirements as necessitated by internal bank use and external agencies. Examples are as follows:
Completes quarterly “Regulation O” report and quarterly watch list of criticized credits and monitors loan list.
Reports on significant credit areas (commercial loans, mortgages, wholesale floor plans, line of credit, letters of credit, and other off balance sheet commitments of the bank) via quarterly commitments to advance report and relationships >750M report.
Reports on significant loan concentrations in bank’s commercial loan portfolio.
Provides information to examiners and coordinates review process for external and internal audits.
Directly supervises assigned personnel as follows:
Organizes, schedules, and distributes work among assigned personnel.
Keeps personnel informed of pertinent policies and procedures affecting the department and/or their positions; creates an atmosphere in which upward communication from employees is encouraged.
Administers personnel policies and procedures as established by bank policy and regulatory compliance as it pertains to own department.
Makes provision for the proper orientation and training of new personnel assigned to the department.
Reviews employee performance throughout the probationary period and on a regularly scheduled basis thereafter.
Assists the Director of Personnel in selecting new personnel as appropriate.
Supports the monitoring, recording and reporting of CRA activities.
Supports for proper record keeping of banks CRA activities.
Provides information for reports to CEO, Credit Committee and CRA officer.
Works with Compliance Officers to assure CRA compliance.
Works with Regulators during CRA exams.
All other duties as assigned

Requirements

A Bachelor’s degree is required.
Ability to manage expectations of internal and external customers.
Five (5) years of professional, analytical and financial or accounting experience.
Proficient analytical skills with respect to what impact financial and non-financial factors can have in assessing borrower’s ability to service debt.
Strong communication (verbal & written) skills.
Problem solving mentality and skills, ability to think critically and creatively to solve problems.
Proficient in Microsoft Office products.



Physical Requirements:

Requires the ability to lift 0-10 lbs on a frequent basis. Movement that may be required for a prolonged period of time, includes, but is not limited to: sitting, standing, bending, leaning, pushing, stretching reaching and typing as is common and typical in an office environment.



Equal Employment Opportunity/Affirmative Action Employer:

Equal Employment Opportunity / Affirmative Action Employer Tompkins Financial Corporation is committed to the hiring, advancement and fair treatment of all individuals without regard to race, color, creed, religion, age, sex, national origin, disability, veteran status, marital status, family status, gender identity, sexual orientation, and genetic information, or any other protected status in accordance with applicable federal and state laws