FT Senior Credit Officer - Smile Center

Description

JOB SUMMARY

The Senior Credit Officer (SCO) is a key leadership position responsible for overseeing the Credit Administration and Credit Risk Management functions of the Bank. This role ensures the safety, soundness, and profitability of the Bank’s loan portfolio by developing and implementing credit policies and underwriting standards, reviewing loan requests, underwriting sophisticated credit requests, and providing strategic guidance on credit-related risk management topics. The SCO collaborates with senior management, loan officers, the Credit Administration team, and internal audit to maintain compliance with the Bank’s Loan Policy, adherence to regulatory guidelines and banking laws, and industry best practices. This individual plays a critical role in maintaining the credit quality of the bank’s loan portfolio while supporting its growth objectives while mitigating risk.

DUTIES AND RESPONSIBILITIES

• Plays a significant role in the development and administration of the Bank’s Loan Policy, credit-related procedures, and underwriting standards to ensure regulatory compliance and risk mitigation.
• Stay current with economic trends, industry best practices, and regulatory changes to guide credit policies and decision-making.
• Review, analyze, and recommend a decision for complex C&I and commercial real estate loan requests and credit applications from publicly traded companies.
• Oversee the evaluation of complex financial statements, personal and business tax returns, personal financial statements, borrower prepared projections, management performance, market or industry risk, capital structure, and collateral by the credit analyst team.
• Participates as a voting member of Officers Loan Committee (OLC) and the Area Risk Manager (ARM) Committee and attends “Golden Ticket” meetings to represent the Credit Administration team.
• Oversee the management of the Bank’s loan pipeline and Annual File Review process to ensure a timely and accurate movement of credits through the work flow.
• Ensure that annual covenant reviews are completed timely by the Credit Administration team and that violations are identified and addressed appropriately.
• Monitor and manage loan portfolio concentration reporting and related risk, ensuring asset quality remains strong while supporting growth objectives.
• Oversee the annual review of the Bank’s risk rating procedures and the ongoing oversight of the risk rating process to ensure an accurate accounting of the credit risk inherent in the loan portfolio.
• Work closely with the Chief Lending Officer, Credit Administration team, and loan officers to ensure that credit requests are structured to meet both the client’s needs and to mitigate the risk of loss to the Bank.
• Present credit-related reports, risk assessments, and recommendations to the Credit Risk Management Committee, executive management, and the Board of Directors.
• Serve as a liaison with regulators, examiners, auditors, and third-party loan review vendor(s) and coordinate the Bank’s collection of documents and reports in response to requests from the same.
• Responsible for staff development and performance management of individual(s) under supervision.
• Responsible for the constant improvement of the skills and abilities of the Credit Administration team via mentoring, training, and coaching to ensure high underwriting and portfolio management standards.
• Routinely incorporate compliance (knowledge of applicable laws/regulations) and generally accepted lending practices in day-to-day tasks.
• Other duties as assigned.

Requirements

SKILLS

• Bachelor’s degree in finance, accounting, business administration, or a related field.
• Minimum of 5 years of experience in a leadership role in a credit-related capacity.
• Formal credit analysis training.
• Experience analyzing complex financial statements.
• Proven leadership ability with experience mentoring and developing credit professionals.
• Detailed and sophisticated credit underwriting, accounting, and mathematics skills.
• Detailed financial analysis skills for publicly traded companies, corporations, partnerships, and sole proprietors.
• Ability to develop industry specific knowledge to assist underwriting and loan decisioning.
• Demonstrate the ability to perform meaningful research beyond the information provided by loan applicants.
• Must possess a strong sense of curiosity and the drive to completely understand all aspects of credit requests and financial analysis, as well as, all of the numbers behind each loan request or relationship.
• Strong written and verbal communication skills with the ability to present to the Board of Directors, executive leadership, and committees.
• Strong attention to detail and accuracy.
• Experience working with loan management and risk assessment systems.
• Ability to operate the following office equipment: telephone, multifunction device, and personal computer including the MS Office (Word, Excel, Outlook, etc.) applications.
• Knowledge of the local market and industry trends is highly desirable.
• Ability to successfully handle confidential materials.
• Work well independently.
• Ability to successfully work in a fast-paced environment.
• Ability to lift approximately 25 pounds.
• Ability to multitask.