LOCATION: Broward / Palm Beach County, FL
JOB SUMMARY:The Regional Underwriting Manager is responsible for the commercial credit underwriting process and portfolio management oversight in the designated region or line of business. Lead a team of Commercial Underwriters and Credit Analysts providing guidance and understanding of the bank's credit culture, risk appetite, and policies and procedures.
ESSENTIAL DUTIES AND RESPONSIBILITIES:The Regional Underwriting Manager is responsible for the commercial credit underwriting process and portfolio management oversight in the designated region or line of business. Lead a team of Commercial Underwriters and Credit Analysts providing guidance and understanding of the bank's credit culture, risk appetite, and policies and procedures.
The Regional Underwriting Manager actively collaborates with the Regional Credit Officer and the region or line of business supported. The Regional Underwriting Manager also assists in maintaining consistent and standard application of and the overall effectiveness of commercial loan policies and procedures, underwriting guidelines, risk management, and helps shape and promote the bank's credit culture in the designated region or line of business and throughout the organization.
The Regional Underwriting Manager will utilize strong analytical skills, high-level understanding of business finance, and extensive knowledge to manage the work of the Commercial Underwriters and Credit Analysts.
Responsibilities- Lead a team of Commercial Underwriters and Credit Analysts providing leadership, development and coaching. Participate in the determination of staffing levels, hiring, counseling, and termination of employees.
- Play a key role in directing and providing technical assistance to Commercial Underwriters and Commercial Bankers with structuring and underwriting of credits.
- Provide leadership and foster collaboration with the region and line of business that drives production, quality and service results. Perform as a member of the Regional Leadership Team.
- Recruit, develop, and supervise performance of the Commercial Underwriting staff by collaborating in the establishment of goals and objectives, determining quality standards, formulating service levels, appraising performance, implementing and sustaining training, and administering career counseling.
- Maintain a thorough understanding of and sustain the effectiveness of loan policy, procedures, underwriting guidelines, and risk management principles. The Regional Underwriting Manager will contribute to and promote the credit culture of the organization.
- Contribute to the development and maintenance of written procedures and guidelines for the Commercial Underwriting function.
- Monitor and manage the workload and workflow of the assigned Commercial Underwriters. Allocate resources as needed.
- Monitor the Commercial Underwriters, Commercial Bankers, and commercial loan portfolio to oversee effective administration including management of past dues, loan agreement compliance, credit and collateral exceptions, risk ratings, delinquencies, problem loan identification, non-accruals, loss mitigation, and charge-offs.
- Serve as a subject matter expert on policy, procedures, and guidelines which impact risk management and profitability.
- Remain current on market and industry issues, trends, regulatory pronouncements, and analytical techniques.
- Act as a key liaison with senior and executive management to promote revenue growth and asset quality.
- Responsible for the maintenance and testing of the business continuity plans and recovery procedures for the designated area of responsibility. Ensure that issues identified through testing or audit results are appropriately addressed and mitigated. Responsible for conducting annual awareness training to team members to familiarize them with key information on response strategies and recovery action plans. Assist with the development of training and on-boarding material for new employees.
- Adhere to Seacoast Bank's Code of Conduct.
EDUCATION and/or EXPERIENCE: - A Bachelor's Degree (BS or BA) degree or higher from a four year accredited institution with a major in finance, accounting, or business preferred.
- Minimum of seven years of relevant experience in commercial lending and loan administration with demonstrated competence in leading a team, analyzing financial statements, structuring credits, administering workloads and workflows, managing loans and portfolios, and problem solving. Competence may be demonstrated through one or a combination of the following: work experience, training, or education.
- Formal commercial credit training preferred and demonstrated high quality credit skills.
- Demonstrated leadership skills with particular relevance to team building, motivation, and training.
- Strong knowledge of accounting, micro-economics, corporate finance, and credit analysis to accurately interpret financial, economic and market data.
- Proficient understanding of diverse industries and real estate.
- Knowledge of policies, procedures and operations of commercial lending including origination, underwriting, documentation, credit risk analysis, and loan loss provisioning.
- Demonstrated working knowledge of banking industry including loan accounting, US regulatory environment, and laws.
- Ability to work under pressure when necessary and meet specific objectives consistently.
The Statements above are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of responsibilities, duties, and skills. Because these statements are general, the job description is used for a variety of purposes including job evaluations; performance reviews; recruitment; etc. All Associates are required to adhere to the highest legal and ethical standards applicable to our industry. It is the policy of Seacoast Bank that all Associates will be familiar and compliant with all regulatory, legal, ethical and Bank risk mitigation requirements pertaining to both our industry and their individual roles. This includes the on time, successful completion of annual required training post-hire and effective execution of role responsibilities.
#LI-TR1
