Proactive negotiation and development of credit strategies on renewals, extensions, modifications, waivers, and new credit requests
As time and workloads permit, have direct interaction within the closing process of new deals destined to be part of their portfolio (as method of deal familiarization).
Provide assistance and consultation for complex healthcare credits to professionals in all divisions of the bank
Provide written assessments, grade reviews, and watch list reports on assigned loans.
Maintain knowledge and stay well informed on the complexities and inherent risks of the healthcare industry (seek appropriate training to stay abreast on accounting rules, regulations and overall governance).
Obtain periodic financials, monitor trends, and continually verify the quality of assigned loans. Alert management on deteriorating situations in a timely manner.
Continually monitor the compliance with all aspects of Loan Agreements and promptly identify instances of default.
Responsible for accurate and timely risk grading accuracy of assigned loans.
Compliance, preservation and adherence to Government Guaranty requirements.
Prepare and present transactions to approval authorities
Primary contact with customer; ability to gain customer loyalty and expand existing accounts, both depository and lending products (travel required)
Ability to formulate and implement ongoing as well as corrective measures to minimize past dues and exceptions.
Serve as Lead Agent on syndicated deals interacting with participants when needed.
Interact with personnel and representatives from credit, approval, loan administration, appraisal, construction management, treasury management, work-out management, upper management, healthcare consultants, accounting firms, loan review, bank regulators, government agencies and bank attorneys
Responsible for assuring accuracy in loan documentation.
Formulate strategies and assume work-out duties on distressed healthcare loans (in consultation with Resolutions Division)
Bachelor's degree and 7 years’ experience in commercial banking preferred.
Healthcare Lending and Credit Underwriting experience a significant plus.
Proficient knowledge of understanding financial analysis trends and loan structure (knowledge of C&I loan structure highly preferred, knowledge of loan structure regarding healthcare nuances a strong plus).
Demonstrate ability to read, interpret and negotiate complex attorney prepared loan and collateral documentation
Proven history of excellent communication and customer relations
Ability to respond appropriately to customer inquiries in a fast paced environment
Ability to multi-task under intense deadlines
Strong written and verbal skills
Work autonomously/independently and make conclusions in a timely manner
Problem identification and resolution
Ability to work with senior management both internal and external
Computer proficient including Microsoft office products
Understanding of complex corporate financials
Ability to generate creative solutions to complex situations
Develop loan structures and financial products to meet various healthcare borrowers needs in their specific industry sub-set
Ability to deal with problem loan Identification and workout strategy
Job ID: 9892