What are the responsibilities and job description for the Commercial Credit Department Manager position at Tompkins Community Bank?
Overview
This position location is flexible to work at our Corporate Headquarters office in Ithaca, NY, or Fayetteville, NY, or Syracuse, NY. Selected candidate must be able to work in the office three (3) days a week.
Responsible for providing credit and financial analysis support to the commercial lending function as well as the credit administration function. The position will require active participation in new credit requests, loan reviews and credit discussions with stakeholders. The ideal candidate will be responsive to loan officers and other loan staff throughout due diligence, approval process, and continued portfolio monitoring.
Responsibilities
Manage the Market’s Commercial Credit Department to ensure the efficient and accurate service of the commercial loan portfolio as follows :
Evaluate and perform credit analysis of financial statements for all forms of credit requests.
Review existing credit and loan files for absence of current financial information, loan documentation or other pertinent items which would be necessary to establish a complete, well-documented credit analysis.
Manage credit inquiries from loan officers, senior management, and team members.
Discuss financial statement data with customers and accountants to obtain a clearer picture of business activity and financial condition as appropriate.
Assist in developing plans and strategies in conjunction with relationship managers to minimize loan charge-offs from deteriorating credits, and to review and restructure credit terms and better secure collateral to limit the Bank’s exposure with respect to deteriorating credits as appropriate.
Maintain logs of inquiries, credit reviews, and analysis activity; provide management with status reports as required.
Assist Relationship Managers, Portfolio Managers and Administrative Assistants in streamlining the collection of updated financial information.
Provide back-up for Credit Administration functions as needed.
Provide management and review of Bank’s loan portfolio by performing the following :
Review market’s commercial loans to identify potential problems; rate commercial loans and credits; assist in coordinating outside loan review; suggest loan review policy changes to Senior Management as necessary.
Report results of loans reviews, citing irregularities, recommending additional documentation, collateral and other ways in which to improve the Bank’s position on existing credits.
Review collateral as required; verify proper documentation procedures are being maintained. Work with loan operations as needed.
Advise Relationship Managers, Senior Management, Banking Regulators, and the Company’s CPAs about specific loan status.
Report policy violations / exceptions.
Provide various reports with the Board as needed.
Administer ongoing reporting requirements as necessitated by internal Bank use and external agencies.
Ensure accuracy of all department output.
Directly supervise the assigned team as follows :
Organize, schedule, and distribute work among assigned team members.
Keep team informed of pertinent policies and procedures affecting the department and / or their positions; create an atmosphere in which open communication from employees is encouraged.
Administer policies and procedures as established by Tompkins and regulatory compliance as it pertains to the department.
Make provisions for proper orientation and training of new team members assigned to the department.
Review employee performance throughout the probationary period and on a regularly scheduled basis thereafter.
Mentor team members and identify training needs.
Assist Human Resources in selecting new team members as appropriate.
Communicate with the market’s Credit Administration Division Manager, other department managers, and appropriate team members to integrate goals and activities.
Provide periodic reports for the Market’s Credit Administration Division Manager and other groups as required throughout the Company.
All other duties as assigned.
Qualifications
Bachelor’s Degree in Accounting, Finance or a related field of study; or 5 to 10 years of credit and management experience.
Previous management and supervisory experience.
Proficient interpersonal relations and verbal and written communication skills.
Proficient analytical skills with respect to what impact financial and non-financial factors have in assessing borrower’s ability to service debt and in identifying other credit risks.
Working knowledge of lending laws and regulations as well as current credit review regulations, banking regulations, accounting procedures and operations.
Detail oriented.
Proficient in Microsoft Office products.
Experience in LOS system a plus.
Ability to prioritize and perform time-sensitive tasks.
Benefits
Medical
Dental
Vision
401(k) Match
Profit Sharing
Paid Time Off
11 Holidays
Tuition Reimbursement
Free Parking throughout Tompkins Community Bank
Employee Referrals
EEO Statement
Tompkins is committed to a policy of Equal Employment Opportunity ("EEO") with respect to all team members and applicants for employment and a work environment free from discrimination (including unlawful harassment) based on race, color, religion, sex, sexual orientation, transgender status, gender non-conformity, gender identity, gender expression, national origin, age, marital status, domestic violence victim status, disability, predisposing genetic characteristics, military or veteran status or status in any group protected by federal, state, or local law.
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communitybank
Pay Range
USD $88,000.00 - USD $105,000.00 / Yr.
Salary : $88,000 - $105,000
