Demo

EFG Senior Credit Officer

First Commonwealth Bank
Berwyn, PA Full Time
POSTED ON 1/29/2025
AVAILABLE BEFORE 3/29/2025

Candidate must reside in PA or OH to be considered.

As a Senior Credit Officer with the Equipment Finance Group, you provide Credit Support Services for equipment finance business lines and assists in the on-going management of credit risk.  You perform credit analysis on small to middle ticket credit applications, analyze financial statements and credit reports.  Prepares formal credit memos and presents recommendations to the Credit Manager or Loan Committee for middle ticket transactions.

 


Essential Job Responsibilities__________________________________

1. Performs credit analysis on small to middle ticket credit applications to $5,000,000.

2. Performs financial statement analysis, cash flow analysis and projection analysis.

3. Analyzes consumer credit reports and commercial credit reports as part of the credit decision process.

4. Communicates timely credit decisions in an accurate, clear and concise manner

5. Gathers data relevant to the credit request regarding the business, the guarantor, total exposure and the collateral.  Provides direct communication to internal and external customers on credit and documentation matters.

6. Identifies credit applicants with minor weaknesses and apply appropriate structuring techniques e.g. rate enhancements, down payments, additional collateral, and term reduction.  Presents applicant’s strengths and weakness to internal and external customers.

7. Prepares formal credit memos and presents recommendations to the Credit Manager or Loan Committee for middle ticket transactions.

8. Requests the appropriate documentation as it relates to the size of the transaction and structure of the legal entity.

9. Provides due diligence on portfolio acquisitions.

10. Reviews and approves Source (Dealer/Broker/OEM) programs.

11. Performs annual reviews for Obligors and Sources.

12. Communicates EF credit underwriting strategies and business practices.

13. Interacts with Team Members, Customers, Sources, Legal Advisors, Corporate Executives and Sale Representatives regarding specific opportunities and programs.

14. Full knowledge and understanding of policies set forth by EF and the ability to abide by them.

 


Bona Fide Occupational Qualifications___________________________

1. Bachelor’s degree in business or educational training specific to credit underwriting is preferred.

2. A minimum of seven (7) years of experience with financial statement analysis expertise to evaluate finance transactions to $5,000,000. 

3. Strong reading, writing, and grammar skills; superior analytical and mathematical skills; proficient communicative and interpersonal relations skills required.

4. Microsoft Windows and Microsoft Office knowledge required.

5. May be eligible for Telecommuting.

Salary : $5,000,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a EFG Senior Credit Officer?

Sign up to receive alerts about other jobs on the EFG Senior Credit Officer career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$144,451 - $223,362
Income Estimation: 
$128,393 - $237,076
Income Estimation: 
$68,585 - $93,791
Income Estimation: 
$83,295 - $113,860
Income Estimation: 
$110,810 - $160,780
Income Estimation: 
$144,004 - $206,631
Income Estimation: 
$110,590 - $160,649
Income Estimation: 
$234,826 - $382,685
Income Estimation: 
$83,295 - $113,860
Income Estimation: 
$96,085 - $136,358

Sign up to receive alerts about other jobs with skills like those required for the EFG Senior Credit Officer.

Click the checkbox next to the jobs that you are interested in.

  • Administrative Support Skill

    • Income Estimation: $48,595 - $63,223
    • Income Estimation: $51,973 - $66,811
  • Data Entry-Keyboarding Skill

    • Income Estimation: $47,666 - $67,425
    • Income Estimation: $48,926 - $68,588
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at First Commonwealth Bank

First Commonwealth Bank
Hired Organization Address Indiana, PA Full Time
Responsible for mortgage processing of portfolio loans, confirming loans, construction and PHFA loans; closing coordinat...
First Commonwealth Bank
Hired Organization Address Delmont, PA Full Time
As a First Commonwealth Financial Solutions Specialist I you will live out our Mission to improve the financial lives of...
First Commonwealth Bank
Hired Organization Address Pittsburgh, PA Full Time
As a First Commonwealth Financial Solutions Specialist III you will live out our Mission to improve the financial lives ...
First Commonwealth Bank
Hired Organization Address Johnstown, PA Full Time
As a First Commonwealth Financial Solutions Specialist I you will live out our Mission to improve the financial lives of...

Not the job you're looking for? Here are some other EFG Senior Credit Officer jobs in the Berwyn, PA area that may be a better fit.

Senior Network Engineer

Office of the Chief Financial Officer, Philadelphia, PA

Credit Product Senior Manager

PNC, Philadelphia, PA

AI Assistant is available now!

Feel free to start your new journey!