Credit Review Specialist

Overview

Position Summary As a Credit Review Specialist, you will play a key role in reviewing The First National Bank in Sioux Falls' loan portfolio to accurately identify credit risks and evaluate the effectiveness of credit administration practices. Working independently, you will utilize your analytical skills and judgment to determine appropriate risk ratings for individual credits. As a trusted resource for regulatory and accounting matters, you will cultivate strong relationships with lending personnel and management.

In addition, our FIRST Values apply to all teammates without exception.

• Family – We support, trust, and respect each other, our customers, and our shareholders.
• Independence & Innovation – We embrace change as vital to our success.
• Relationships – We build relationships that are based on strong character, mutual loyalty, trust, and respect.
• Stewardship – We take care of ourselves so we can take care of others.
• Teamwork – We help each other grow and succeed.

The First National Bank in Sioux Falls began its long-term commitment to the Sioux Falls area in 1885. The oldest bank in Sioux Falls owes its longevity to a combination of service, stability, innovation, and family involvement. The Bank strives to continually be recognized as a community leader by reinvesting financial resources back into the communities it serves and encouraging active employee involvement in community volunteer organizations.

The Bank’s culture is driven by integrity, service, and strong values; the First National Bank Way serves as the foundation of our culture and guides our behaviors and decisions as we move forward and build successful relationships.

What will you do:

• Initiate discussions with lenders, credit analysts, team leads, managers, etc. to identify, clarify, and/or discuss credit-related concerns, root causes, findings and recommendations.
• Communicate specific identified credit concerns in Credit Review exit meetings as necessary and act as a resource to management, where appropriate, in implementing corrective actions.
• Attend/participate in credit-related meetings; including business and agricultural loan committee, past due meetings, Risk Management Committee, Reserve Adequacy Committee, etc. to stay informed and abreast of current internal credit conditions.
• Share knowledge obtained from lender, analyst, team lead, committee discussions/meetings with Credit Review teammates.

• Confirm accurate risk ratings are assigned to sampled credit relationships and initiate changes as needed.
• Identify exceptions to loan policy and/or guidelines relative to credit analysis, administration, collateral, and monitoring.
• Independently review and assess risk ratings within sampled non-complex credit relationships and escalate identified discrepancies as needed.
• Independently review and assess credit administration within sampled non-complex credit relationships to determine compliance with internal bank policies/guidelines as well as accounting/banking laws, regulations, and guidance.
• Apply working knowledge of accounting/banking laws, regulations, and guidance to perform duties in accordance with these requirements.
• Lead and/or participate/assist in special projects as assigned.

Secondary education in related field preferred. Five or more years of relevant work experience in commercial and agricultural credit review, compatible lending or comparable lending or regulatory experience, or a combination of education/experience that would enable incumbent to meet accountabilities and required competencies of the position.

• Ability to work independently with little supervision. Self-motivated.
• Ability to manage multiple competing priorities.
• Demonstrate business and economic knowledge.
• Excellent verbal and written communication skills.
• Excellent interpersonal and conflict resolution skills.
• Excellent organizational skills and attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Ability to adapt to the needs of the organization and teammates.

• Health Insurance
• Dental & Vision Insurance
• Profit Sharing
• Paid Vacation & Holidays
• Company paid short and long term disability
• Tuition Reimbursement Program
• Employee Banking Perks
• Community Volunteer time
• And More!