Deputy Credit Officer

Job Title: Deputy Credit Officer

FLSA Status: Exempt

Department: Credit

Hours of Operation: 40+ hours, dependent upon business needs

General Job Summary:

Responsibilities include approval authority relating to the origination and ongoing approval of existing loan relationships with the goal of closely adhering to our bank's loan policies and other prudent lending practices. Other responsibilities include credit training, credit oversight and advocacy of regional lending staff with the overall goal of maintaining the integrity of the credit process.

Organizational Duties and Responsibilities:

• Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
• Supports all functions that maintain compliance with regulatory agencies.

Essential Duties and Responsibilities:

• Work closely with management and loan officers in reviewing new and existing loan requests when warranted prior to formal Bank approval to determine if credits meet sound underwriting standards and do not pose greater-than-normal risk
• Actively participate in the loan approval process, both at the individual and committee level, for both new and existing loan requests/renewals
• Participate in criticized/classified loan meetings and other credit related meetings to ensure proper identification, handling and transfer of deteriorating loans
• Counsel and assist loan officers in identifying potential problem loans and developing resolution strategies while addressing any structural deficiencies
• Work closely with the Credit Department and other related departments to assist in the administration of the company's loan portfolios as to risk management to maintain quality control and minimize losses
• Reviews and interprets new and pending laws and regulations that potentially affect the organization's credit practices
• Inform senior management of any material considerations affecting the loan portfolio, loan policy and unusual individual loan transactions of significant size. Report findings to the appropriate committees
• Monitor past due loans, assist loan officers in identifying collection strategies, and verify assigned portfolio risk ratings

Other Functions:

The position will interact with Senior/Executive Management and will occasionally participate on the bank's loan committees and other committees.

Working Conditions:

Works in office setting - occasional travel to satellite offices/branches as needed

Minimum Job Requirements:

Education: Bachelor's Degree, prefer business major with strong accounting and finance emphasis with advanced knowledge of Generally Accepted Accounting Principles (GAAP), taxation, legal forms of organizations, and business law

Experience:

• Commercial and/or Investment Real Estate lending experience preferred
• Ten plus years banking/financial services experience required
• Recent management/supervisory experience preferred

Specific Skills:

• Expert knowledge of credit and financial analysis, including cash flow analysis, balance sheet analysis, profitability, liquidity, solvency and collateral analysis
• Specialized investment real estate analytical experience, including global cash flow analysis, project analysis and other sensitivity analysis is preferred
• Knowledge of collateral risk and valuation, including field exams and collateral audits, borrowing base reconciliations, equipment appraisals and real estate appraisal review
• Excellent verbal and written communication skills
• Exceptional customer service and interpersonal skills
• Solid problem resolution skills
• Excellent PC skills including modeling, spreadsheet applications (i.e. word, excel and appropriate spreadsheet software) and database software

Supervisory Responsibility: Ability to effectively interact with all levels of leadership and employees within the organization and effectively manage a credit department team

Physical requirements:

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Primarily sedentary work performed in an office environment
• Ability to sit for extended periods of time while working at a computer
• Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
• Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
• Visual acuity sufficient to read computer screens, printed documents, and financial data
• Occasional standing, walking, bending, or reaching
• Ability to lift and carry up to 10-15 pounds occasionally (e.g., files, office supplies)

Benefits:

• 401(K) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program