Regional Credit Officer
Web ID: W7875
Classification: BankingFinance
City: Wichita
State: KS
Compensation: Pay: $140,000.00 - $160,000.00 per year
Education: Bachelor's Degree or Equivalent Experience
Benefits: Comprehensive Benefits Package
Job Description: COMMERCIAL CREDIT UNDERWRITING: Review credit analysts work to ensure quality and consistency across the department. Review credit presentations and discusses the credit requests / annual reviews with the Lender & Credit Analyst prior to submission to Committee. Ensures that credit presentations are accurate and complete, including sufficient financial analysis.
CREDIT ADMINISTRATION: Work in conjunction with staff to establish and maintain credit administration policies, underwriting guidelines and credit procedures. Work with the Lenders and Market Presidents on developing action plans and strategies on pass rated credits needing additional attention. May include site inspections and client meetings with the Lenders. Identifies and initiates corrective action on credit problems. Ensure the timely identification and reporting of Loan Policy exceptions. Monitor the tracking, compliance and enforcement of loan covenants. Monitor the tracking and remediation of loan documentation exceptions. Monitor the tracking and remediation of financial statement exceptions. Work with Lenders and Special Assets Manager on maintaining past due loans within acceptable limits. Be cognizant of economic and industry trends in order to maximize opportunities and minimize risk. Ensure that the credits have been assigned the proper risk rating by the loan officer and or loan committee(s). Assists the CCO in the due diligence process in M&A transactions.
REGULATORY / AUDIT RELATIONS: Assist CCO and CRO with examination and audit processes to ensure a smooth experience and positive results. Assists the CCO with FDICIA key controls. Maintains open communication with regulators and auditors, advising them of major issues and seeking advice when necessary.
APPROVALS: Approves consumer, mortgage and commercial loans within prescribed authority limits.
COMMERCIAL CREDIT UNDERWRITING: Review credit analysts work to ensure quality and consistency across the department. Review credit presentations and discusses the credit requests / annual reviews with the Lender & Credit Analyst prior to submission to Committee. Ensures that credit presentations are accurate and complete, including sufficient financial analysis.
CREDIT ADMINISTRATION: Work in conjunction with staff to establish and maintain credit administration policies, underwriting guidelines and credit procedures. Work with the Lenders and Market Presidents on developing action plans and strategies on pass rated credits needing additional attention. May include site inspections and client meetings with the Lenders. Identifies and initiates corrective action on credit problems. Ensure the timely identification and reporting of Loan Policy exceptions. Monitor the tracking, compliance and enforcement of loan covenants. Monitor the tracking and remediation of loan documentation exceptions. Monitor the tracking and remediation of financial statement exceptions. Work with Lenders and Special Assets Manager on maintaining past due loans within acceptable limits. Be cognizant of economic and industry trends in order to maximize opportunities and minimize risk. Ensure that the credits have been assigned the proper risk rating by the loan officer and or loan committee(s). Assists the CCO in the due diligence process in M&A transactions.
REGULATORY / AUDIT RELATIONS: Assist CCO and CRO with examination and audit processes to ensure a smooth experience and positive results. Assists the CCO with FDICIA key controls. Maintains open communication with regulators and auditors, advising them of major issues and seeking advice when necessary.
APPROVALS: Approves consumer, mortgage and commercial loans within prescribed authority limits.
Job Requirements:
- Bachelor’s Degree, or equivalent experience, required. Emphasis on Business, Finance & Accounting
- Ten years of banking experience, as a credit manager, credit officer, commercial lender or equivalent experience. The Senior Credit Officer will have a thorough understanding of:
- Loan Policy, underwriting guidelines and credit procedures
- Commercial loan types and their uses in loan structuring
- Commercial loan documentation including security documents (UCCs, Security Agreements, Real Estate Mortgages)
- Real estate appraisals and evaluations
- Environmental reports
- Governmental Guarantee Programs including: US Small Business Administration / USDA / Farm Service Agency
- Specialized Lending – Hotels, Construction & Development, Franchise Restaurants, Non-Owner Occupied CRE
- Legal process including: Bankruptcy, Foreclosure, Repossession.
- Regulatory compliance
- Agricultural lending experience preferred
- Bachelor’s Degree, or equivalent experience, required. Emphasis on Business, Finance & Accounting
- Ten years of banking experience, as a credit manager, credit officer, commercial lender or equivalent experience. The Senior Credit Officer will have a thorough understanding of:
- Loan Policy, underwriting guidelines and credit procedures
- Commercial loan types and their uses in loan structuring
- Commercial loan documentation including security documents (UCCs, Security Agreements, Real Estate Mortgages)
- Real estate appraisals and evaluations
- Environmental reports
- Governmental Guarantee Programs including: US Small Business Administration / USDA / Farm Service Agency
- Specialized Lending – Hotels, Construction & Development, Franchise Restaurants, Non-Owner Occupied CRE
- Legal process including: Bankruptcy, Foreclosure, Repossession.
- Regulatory compliance
- Agricultural lending experience preferred