Credit Officer II - Specialty Banking

CREDIT OFFICER II, Fund Finance Team:  Hybrid Work Schedule, Charlotte, NC., Los Angeles, CA. 

WHAT IS THE OPPORTUNITY?

Participates in the loan management process by providing credit and loan underwriting expertise to the capital call and subscription lending group within the Fund Finance Team.  Analyzes prospective loan transactions and credit worthiness of borrowers. Validates the credit analysis prepared by the Credit Analysts and provides opinions and recommendations regarding proposed credit and potential risks. Ensures all due diligence and background evaluation is complete and thorough before Credit Risk Recommendation ("CRR") is submitted.

What you will do

• Reviews loan requests, LPAs, LP lists, PPMs and historical financial information as relevant; evaluates and determines credit structure and terms; fully underwrites CRR consistent with Bank format, policies and procedures; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors. Ensures CRR contains a well supported recommendation or decision; the risk rating is correct and supported; and the data and analytics used to support the decision are accurate and calculated correctly.
• Attends client meetings at Relationship Manager, Team Manager, or Credit Manager's request to facilitate delivery of credit product and/or assist in problem resolution. Contacts borrowers directly, for additional information and details related to loan request or clarification of financial materials and resources.
• Provides balanced and appropriate credit guidance to Relationship Manager and Manager and collaborates in determining appropriate credit strategy.
• Provides credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards. Authors credit approval memorandum.
• Provides input to the Relationship Manager and Credit Manager when loan pricing does not appear to reflect inherent risk in subject transaction. Pricing may be either too high or to low. Restructures loans and/or lines of credit as required. Assumes accountability for minimizing Bank losses.
• Performs quarterly Problem Loan reporting for Criticized / Classified credits including: financial reviews of client's financial condition including monitoring covenants and conditions. Takes a proactive approach toward development and implementation of Action Plans. Escalates potential credit issues to Relationship Manager, Team Manager, and/or Credit Manager.
• Has primary role in early problem loan identification and the timely and accurate changes in loan grades. Monitors and takes initiative to respond to past dues based in partnership with Relationship Manager.
• Maintains up-to-date knowledge on all Bank lending policies and regulations. Confers with the Credit Manager and appropriate Bank personnel regarding new/existing lending requirements and regulations.
• May coordinate loan documentation including work with legal, CLC, or other outside counsel to obtain the correct, accurate documents to ensure all loan are documented to fully protect the Bank’s interests in the credit relationship. Reviews collateral periodically to minimize credit exposure.
• Participate in the training and development of the Credit Analyst on the team including financial statement analysis, business writing, cash flow modeling and enterprise valuation.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 5 years of experience in underwriting capital call and subscription loans.
• Minimum 5 years of experience in a banking or financial services environment required.

Skills and Knowledge

• College degree in Business Administration preferred or a related field
• MBA preferred
• Ability to communicate skillfully and effectively in both verbal/written forms.
• Good organizational skills.
• Ability to work well independently and in teams and interact effectively with all levels of Bank personnel and outside contacts.
• Complete understanding of leveraged lending credit policies and procedures.
• Wide application of credit principles and concepts.
• Strong credit analysis and accounting skills