Sr. Credit Products Officer

Bank of the West   •  

Tempe, AZ

Industry: Finance & Insurance

  •  

8 - 10 years

Posted 76 days ago

This job is no longer available.

Essential Job Functions

  • Supports unit's growth and profitability through underwriting credit requests and proactively monitoring credit portfolio.
  • Together with Relationship Manager, takes primary responsibility for managing credit needs of a portfolio of commercial banking relationships providing consultative underwriting advice, credit analysis, and ongoing monitoring of credit products and services to meet customer's needs and minimize credit losses to the Bank.
  • Develops innovative credit solutions to meet customer/prospect credit needs.
  • Works closely with other Corporate and Commercial Banking Group Departments and other major areas of the Bank to manage the risk of complex financial products and services.
  • Ensures development and preparation of effective proposals for presentation to existing and potential customers.
  • Participates, oversees, and assists in the preparation of credit reports, recommending credit facilities by signing final document. Ensures credit facilities and transactions are properly structured, priced, and documented.
  • Ensures quality control and risk management of relationships managed. Identifies, classifies, and monitors problems or potential problem loans in compliance with the internal credit review policy. Tracks and monitors receipt of financial reporting and covenant compliance certificates. Attempts to collect on accounts that are delinquent including negotiating payment schedules, obtaining proper pre-approval if required.
  • Interacts with Credit Administration, Appraisal, Legal, and other related Bank personnel regarding issues of credit quality, appropriate compensation for risk, as well as new business and related trends.

Other Job Duties

  • Views credit quality as personal obligation; exhibits independent judgment; ensures balanced loan presentations; responsible for on-going account monitoring; proactive in problem detection/resolution; maintains balance between growth and credit quality.
  • May act as a specialist for the Bank in specific industry. Keeps current on all economic and other issues impacting industry.
  • Performs other duties as assigned.

Qualifications

Required Experience

  • Bachelor's Degree required with concentration in business, finance, or accounting or equivalent college coursework
  • Minimum of 7 years' experience of demonstrated commercial credit underwriting and loan structuring experience with small, middle & large commercial and corporate transactions
  • Demonstrated capability in advanced financial and cash flow analysis
  • Excellent working knowledge of Microsoft Office (Word, Outlook, Excel)
  • Excellent written and verbal communication

Skills

  • Ability to perform independently with a minimum of supervision.
  • Good organizational skills.

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