What are the responsibilities and job description for the Healthcare Lending Credit Officer position at MidFirst Bank - Default?
Position Description:
Within a specialized healthcare lending unit, provide comprehensive credit analysis for new and renewed loans to healthcare providers nationwide such as hospitals, health systems, long term care facilities, ambulatory surgery centers, and others:
- Work collaboratively with lending officers to screen loan opportunities and propose effective loan structures, while maintaining the necessary independence of the credit function.
- Communicate effectively with customers to obtain the information necessary to produce concise and insightful credit memos and opportunity prescreen memos.
- Communicate clearly and succinctly with senior loan committee members regarding transaction details and borrower creditworthiness.
- Spread customer financial statements and utilize different analytical templates to identify trends in customer performance and condition, loan agreement compliance, and risk rating appropriateness.
- Develop and maintain an understanding of the healthcare industry and its risks through customer contact, webinars, periodicals, and travel to industry conferences.
- Use industry information and customer data to perform horizontal review and benchmarking of existing customers and other projects as assigned.
- Review appraisals, loan documents, leases, and other documents as required.
Position Requirements:
• Bachelor’s degree with a GPA of 3.25 or greater required (finance, accounting, economics, or other business-related degrees strongly preferred).
- Minimum 3-5 years’ experience in commercial credit or lending role, or other role directly related.
- Experience with customer financial statement spreads, written credit analysis on borrowers and guarantors, strong understanding of customer financial statements and tax returns, and firm grasp on Generally Accepted Accounting Principles.
- Proficient with Microsoft Office software.
- Strong written and verbal communication skills.
- Knowledge of the healthcare industry is a plus, but not required.
- Preferred experience in supervising, workflow management and providing insight on loan structuring
