Credit Risk and Loan Operations Officer

Job Purpose:

The Credit Risk & Loan Operations Officer is responsible for managing the risk and operations of the loan department, ensuring sound credit practices, compliance, and overall quality of the loan portfolio.

Essential Duties/Responsibilities:

➢Loan Operation Management

-Oversees and manages loan administration/operations department of the bank (hiring,developing, coaching, reviewing, disciplining, scheduling, etc.)

-Ensures that the loan operations staff completes their assigned job duties with a high level ofefficiency and accuracy

-Develops and maintains policies and comprehensive procedure manuals related to all aspectsof loan operations in accordance with all regulatory requirements

-Develop and create reports as needed for research and analytical purposes

➢Manages and oversees the preparation of financial documents such as business reports andfinancial calculations

-Monthly, quarterly, and annual Board of Director (BOD) reports –established list

-Quarterly Allowance for Credit Losses (ACL) & Current Expected Credit Losses (CECL) calculationand reporting package

-Quarterly FHLB Submission

-FHLB MVC Audit

-Annual Loan Policy Exception Tracking to BOD

➢Audit in Loan Area

-Supplies pertinent information for all lending area regulatory examinations and audits

-Oversees the processes and follow-up related to all regulatory examinations, audits or loanreviews

-Prepares responses to audits, loan reviews and examination findings regarding loan operationor credit risk areas

➢Credit Risk Management

-Oversees and manages credit analysis department of the bank (hiring, developing, coaching,reviewing, disciplining, scheduling, etc.)

-Provide overall leadership and risk assessment for loan related compliance issues

-Review all credit presentations to loan committee to ensure accuracy, completeness andindependence

-Oversee and ensure efficient and accurate preparation of loan presentations, annual reviewsand loan file documentation

-Develop, monitor & provide management reports related to bank’s loan portfolio

-Manage loan portfolio for appropriate mix, ensuring profitability without significant risk tothe Bank

-Ensure protection of the Bank’s interests by ensuring adequate file documentation and adherence to Bank policy and to laws/regulations applicable to department operations

-Manage all aspects of the bank-wide credit policy, credit administration and loan review

-Monitor compliance with Loan Policy and appropriate regulations

-Communicate credit risk issues to the board and management

➢Other

-Stay informed about and ensure compliance with relevant banking regulations and industry best practices

-Serves on the Credit Committee and Supervisor Committee

Knowledge/Skill/Ability Requirements:

• Bachelor’s degree in finance, business administration, or related industry experience (7 years)

• Extensive experience in credit risk management, lending and banking operations

• Strong aptitude for problem solving

• Strong analytical skills

• Ability to interpret regulations and laws relating to Financials

• Ability to multi-task and organize priorities

• Level of computer literacy with knowledge of Word, Excel, and other applications

• Strong written and verbal communication skills

• Maintain confidentiality

• Maintain a high level of focus and accuracy

• Proven teamwork skills

• Ability to work well on your own without management guidance

• Ability to develop and interpret reports and inform management

• Maintain a focused, helpful, friendly and polite attitude

• Present a conservative, neat and professional appearance in dress and action

• Follow the First National Bank of Milaca Code of Ethics and other related policies and regulations and ethical standards at all times

Job Type: Full-time

Pay: $100,000.00 - $130,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Retirement plan

Schedule:

• Monday to Friday
• Weekends as needed

Experience:

• Banking: 7 years (Required)

Work Location: In person

Salary : $100,000 - $130,000