Senior Credit Officer Team Lead

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.

The Senior Credit Officer Team Lead plays a critical role in the management and coordination of overall credit workflow within the assigned region. The Team Lead is primarily responsible for supervising and training a team of Credit Officers that support the underwriting activities within the region. He/she will work closely with Regional Credit Administrators and the Regional Vice President to establish regional priorities, manage workflow and overall credit quality, and evaluate the financial needs of prospective and existing commercial middle market customers.

The Team Lead must effectively manage deal flow and underwriting resources to produce consistent and timely responses within defined turn-around times pursuant to the Bank's Service Level Agreement, and always conduct their activities within the spirit of the Bank's Sales-Credit Partnership. The role requires leadership, professionalism, and excellent collaborative, management and communication skills.

In addition, the Team Lead is a player-coach and, as needed, prepares credit memos and obtains Bank approval to provide the recommended loan products and services. Performs due diligence and ensures appropriate loan monitoring and compliance is conducted with established borrowing relationships within the region. The Team Lead may also be required to meet with prospective or existing clients and is expected to provide exemplary service to ensure customer satisfaction.

• Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.

• Analyzes financial statements and pertinent information for credit worthiness of more complex businesses. Spreads financial statements on computerized spread sheets and analyzes the results. Evaluates historical and forecasted cash flow for proposed debt serviceability. Determines appropriate level of analysis and deals structure. Evaluates collateral for appropriate advance rates, value stability and ease of liquidity. Identifies risk issues and how to mitigate them.
  
  Makes recommendations regarding specific products and services to be offered, if any, and credit approval or disapproval. Identifies exit strategy.

• Ensures that credit requests adhere to Bank policy, and that any exceptions to Credit Policy are clearly identified and mitigated.

• Assists Relationship Managers to obtain Bank approval of products and services to be provided to prospective customers. Obtains input from the Relationship Manager and independently prepares Credit Memos as required per Bank policy for new extensions and renewals. Prepares memos that convey a thorough understanding of the credit worthiness of the applicant and the primary and secondary source of repayment. Structures credit terms and conditions in a manner that adheres to sound lending practices and minimizes the risk to the Bank while meeting each customer's credit requirements.
  
  Proactively manages annual credit line expirations and renewals.

• Other duties as may be assigned from time-to-time by the Deputy CCO.

Analyzes financial information, checks for debt servicing capabilities and reports adverse trends. Prepares problem loan reports as required.

Maintains or causes regional associates to maintain borrower credit files in accordance with Bank policies. Periodically, verifies regional covenant compliance, maintains and reviews assigned reports and tracking systems, and prepares necessary documents and regional correspondence.

Coordinates with Relationship Managers, Managers and Credit Administrators on loan closings and on-going credit management. Assists others within the region to proactively manage renewals. Sets up Tickler and maintains current updates. Actively tracks financial compliance. Initiates process improvements. Reports issues and loan violations to Credit Administrator in a timely manner. Prepares production and pipeline status report.

INTERNAL AUDIT:
Complies with all bank loan policies, procedures and administrative memos and shares the responsibility with the Relationship Manager to ensure a successful internal credit audit.

• Supports Bank compliance efforts by completing compliance and other technical training workshops as assigned, and on a timely basis, and ensuring that staff members attend/complete compliance training in a timely manner. Reads periodicals and attends external webinars/workshops to maintain an above average expertise of the trends in banking products, various delivery channels, regulatory, operational and compliance.
• Adheres to Bank policies and procedures and complies with all State and Federal Banking Regulatory requirements, including but not limited to FEAR Act, Red Flags, Customer Right to Privacy, Reg D, Reg DD, Truth in Savings, BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse,…