What are the responsibilities and job description for the Credit Officer position at Wegner CPAs?
Wegner CPAs is partnering with our client on their search for their next Credit Officer!
JOB SUMMARY :
This position is primarily responsible for establishing, implementing, monitoring, and overseeing all aspects of credit risk management practice and portfolio management within the Commercial, Consumer and Residential Mortgage lines of business.
ESSENTIAL FUNCTIONS :
- Work closely with the CCO and members of the leadership team and Board of Directors to define corporate vision and strategy for long range planning, including corporate development and partnering strategy
- Possess strong analytical skills to consider all relevant information about loan applicants
- Exercise substantial credit approval authority and oversees the exercise of credit authority by all individuals that have been granted approval authority including providing guidance to Credit Supervisors and Underwriters to mitigate risks of credit transactions.
- Makes recommendations to executive management regarding credit policy and practice that considers granularity, concentration, and positioning of an overall credit portfolio; and devise and communicate risk acceptance criteria for the Consumer, Commercial, and Mortgage lines of business.
- Demonstrates strong decision-making skills to avoid high-risk loans and loss of profits
- Work collaboratively across the Bank, specifically with lenders to assist in achieving long-term profitability, growth, and strategic direction while maintaining independence in their own analysis and decision-making.
- Exercise oversight of troubled relationships to find mutually beneficial outcomes for the borrower and the Bank.
- Collaborate on collection activities with in-house and outside counsel as needed.
- Manage Bank-owned real estate and work with developers, realtors, and others to market and quickly dispose of OREO assets.
- Responsible for overall Bank lending activities and oversees loan committee, loan policy, and administration to ensure the overall quality of the Bank's lending portfolio.
EDUCATION, QUALIFICATIONS & TRAINING :
