NPAworldwide
Overview
Regional Credit Officer (RCO) oversees all aspects of the bank's credit risk management function within the region. This position is responsible for ensuring the Bank maintains adequate credit risk and ensuring full compliance with all lending related banking laws, regulations, and internal policies and procedures. Serves as an advisor to senior management and local lending staff in areas of credit risk. The RCO leads and oversees all lending related compliance, internal audit, external audit and regulatory relations for the region as well as overall management of all loan administration and credit related activities for the Bank. The RCO is accountable for the entire credit granting process, including the consistent application of a lending policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of loan sales and outstandings and credit risk. Responsibilities
Accountable for credit underwriting strategy and execution including setting credit policy and working with CEO to identify risks. Develop department financials goals including credit quality, volume and risk distribution. Provide recommendations on loan structure, terms, risk rating and pricing. Implements and monitors credit policies and procedures with controls sufficient to maintain asset quality and credit risk management. Manage the credit analysis and administration teams including recruitment, development, compensation, and performance management. Review, modify, approve or decline loans within lending authority. Serves as primary concurrence officer for all credits approved outside of loan committee including credits needing exception approval, credits needing secondary officer approval above manager's authority, manager-sponsored credits needing primary approval, covenant waivers, credit amendment memorandum approvals, term loan review approvals, and leasing transactions. Works with credit analysts and commercial lenders to ensure consistency; adherence to credit criteria, information guidelines, underwriting requirements, and performance expectations of the portfolio. Manages Special Assets department and oversees resolution of classified assets. Works directly with the Controller to oversee FASB 114 impairment recommendations and report ALLL, including TDRs, according to regulatory requirements. Prepare and distribute reports related to loan quality and growth trends and loan product concentrations. Utilize the quarterly Allowance for Loan and Lease Losses (ALLL) report to provide recommendations as to the amount to be reserved for losses by analyzing local, regional, national economic conditions, loan losses and trends, and loan product concentrations. Review real estate data and assess the impact on the clients loan portfolio. Participate in bank committees including but not limited to ALLL Committee, quarterly Board Loan Committee, and Loan Committee. Represent the clients in various customer and industry functions to further enhance its image and contribute to establishing and growing its market position. Qualifications
Bachelors degree in finance, accounting, statistics or a related field. MBA/CPA/Graduate School of Banking a plus. 10+ years of commercial banking experience in credit administration, analysis, and risk mitigation with direct credit approval and supervisory experience in commercial real-estate, construction, and commercial and industrial lending and leasing. 7+ years of progressive leadership experience. Knowledge in common data management and reporting software. Banking/Lending experience required. Passion for community banking is essential. Skills and requirements
Proficient with PC Windows, Microsoft Office Suite, Internet, Email, and bank software systems; familiarity with loan underwriting, lending processes, and regulatory guidelines. Strong understanding of loan underwriting, the lending process, and controls and policies governing the lending process for consumer and small business loans. Strong understanding of legal and regulatory guidance governing bank lending. Lending and credit experience, specifically in C&I and CRE. Retail lending management, construction lending and participation loan management are considered a plus. Problem loan management and allowance for loan loss management and methodology experience. Strong management and partnering skills; excellent written and verbal communication; ability to maintain confidentiality. Opportunity and notes
This is not a remote/work-from-home opportunity. Salary
Salary Type: Annual Salary Salary Min: $135000 Salary Max: $175000 Currency Type: USD Seniority level
Executive Employment type
Full-time Job function
Finance and Sales Industries
Staffing and Recruiting
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Regional Credit Officer (RCO) oversees all aspects of the bank's credit risk management function within the region. This position is responsible for ensuring the Bank maintains adequate credit risk and ensuring full compliance with all lending related banking laws, regulations, and internal policies and procedures. Serves as an advisor to senior management and local lending staff in areas of credit risk. The RCO leads and oversees all lending related compliance, internal audit, external audit and regulatory relations for the region as well as overall management of all loan administration and credit related activities for the Bank. The RCO is accountable for the entire credit granting process, including the consistent application of a lending policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of loan sales and outstandings and credit risk. Responsibilities
Accountable for credit underwriting strategy and execution including setting credit policy and working with CEO to identify risks. Develop department financials goals including credit quality, volume and risk distribution. Provide recommendations on loan structure, terms, risk rating and pricing. Implements and monitors credit policies and procedures with controls sufficient to maintain asset quality and credit risk management. Manage the credit analysis and administration teams including recruitment, development, compensation, and performance management. Review, modify, approve or decline loans within lending authority. Serves as primary concurrence officer for all credits approved outside of loan committee including credits needing exception approval, credits needing secondary officer approval above manager's authority, manager-sponsored credits needing primary approval, covenant waivers, credit amendment memorandum approvals, term loan review approvals, and leasing transactions. Works with credit analysts and commercial lenders to ensure consistency; adherence to credit criteria, information guidelines, underwriting requirements, and performance expectations of the portfolio. Manages Special Assets department and oversees resolution of classified assets. Works directly with the Controller to oversee FASB 114 impairment recommendations and report ALLL, including TDRs, according to regulatory requirements. Prepare and distribute reports related to loan quality and growth trends and loan product concentrations. Utilize the quarterly Allowance for Loan and Lease Losses (ALLL) report to provide recommendations as to the amount to be reserved for losses by analyzing local, regional, national economic conditions, loan losses and trends, and loan product concentrations. Review real estate data and assess the impact on the clients loan portfolio. Participate in bank committees including but not limited to ALLL Committee, quarterly Board Loan Committee, and Loan Committee. Represent the clients in various customer and industry functions to further enhance its image and contribute to establishing and growing its market position. Qualifications
Bachelors degree in finance, accounting, statistics or a related field. MBA/CPA/Graduate School of Banking a plus. 10+ years of commercial banking experience in credit administration, analysis, and risk mitigation with direct credit approval and supervisory experience in commercial real-estate, construction, and commercial and industrial lending and leasing. 7+ years of progressive leadership experience. Knowledge in common data management and reporting software. Banking/Lending experience required. Passion for community banking is essential. Skills and requirements
Proficient with PC Windows, Microsoft Office Suite, Internet, Email, and bank software systems; familiarity with loan underwriting, lending processes, and regulatory guidelines. Strong understanding of loan underwriting, the lending process, and controls and policies governing the lending process for consumer and small business loans. Strong understanding of legal and regulatory guidance governing bank lending. Lending and credit experience, specifically in C&I and CRE. Retail lending management, construction lending and participation loan management are considered a plus. Problem loan management and allowance for loan loss management and methodology experience. Strong management and partnering skills; excellent written and verbal communication; ability to maintain confidentiality. Opportunity and notes
This is not a remote/work-from-home opportunity. Salary
Salary Type: Annual Salary Salary Min: $135000 Salary Max: $175000 Currency Type: USD Seniority level
Executive Employment type
Full-time Job function
Finance and Sales Industries
Staffing and Recruiting
#J-18808-Ljbffr