Farmers National Bank of Canfield
Regional Credit Officer
Farmers National Bank of Canfield, Cranberry Township, Pennsylvania, United States
Overview
Regional Credit Officer
at
Farmers National Bank of Canfield
– lead and manage a team of Credit Analysts, Portfolio Managers and other support staff in underwriting and credit risk management for a geographic region supporting Commercial Lending, and as necessary provide underwriting support for Private Client Services and Consumer Lending. Assist team in performing financial analysis and risk rating assessments on commercial & industrial loans and commercial real estate loans. Communicate and implement credit policy and practices within new loan production and review existing credits while providing guidance for policies, procedures, guidelines and risk assessment. Partner with sales and documentation to improve the accuracy and efficiency of commercial loan processes and to further build customer relationships and enhance shareholder value.
Responsibilities
Assist Chief Credit Officer in managing the risk associated with the distribution of bank loans
In conjunction with the Chief Credit Officer, communicate and coordinate the implementation of credit administration policies, processes and procedures that are consistent with the overall credit culture of the bank, sound lending principles, strategic initiatives and regulatory guidelines
Monitor adherence to Credit Policy and manage the instances of exceptions
Actively lead or participate in project development for technology enhancements and process improvements to increase credit underwriting and portfolio management efficiencies
Responsible for assisting with preparation, review/revisions, and writing of bank lending related policies
Review loans for approval by assigned loan authority
Chair/Co-Chair Regional Loan Committee
Manage Credit Analyst team as required
Utilize various monthly, quarterly, and annual reports regarding portfolio status, deal flow and workload to the Chief Credit Officer
New Loan Underwriting
Spread financial statements and provide general operating trends and financial statement analysis comments for review by the Commercial Lenders for initial opportunity assessment and strategic development
Assist Commercial Credit Analysts with submitting new loan requests to underwriting, perform cash flow and financial statement analysis, complete collateral analysis, and use analytical tools to aid in loan write-ups
Agree and confirm proper grading via Risk Rating Matrices to ensure Asset Quality identification
Collaborate with Market Presidents and Commercial Lenders in preparing complete and accurate loan write-ups for presentation to credit authorities
Review Commercial Loan Presentations
Provide feedback to the Chief Credit Officer about the proper structure of loans and write-ups for Executive Loan Committee
Maintain ongoing communication with management on the status of new loan production
As needed, participate with sales personnel in customer meetings to present the loan write-up thoroughly and timely
Portfolio Monitoring
Provide accurate and impartial financial and risk analysis and credit investigation of existing customers
Confirm the accuracy of Risk Rating Matrices along with the Commercial Lender’s approval and timely monitoring of the receipt of proper analysis of financial information
Assist Credit Analysts and Commercial Portfolio Managers in underwriting reviews and renewals of existing credit facilities
Focus on due diligence, regulatory compliance and documentation accuracy
Ongoing monitoring will cover covenant and borrowing base compliance, trend analysis, and potential default situations
Oversee Annual Reviews/Renewals to ensure completion levels are attained
Use reports to assess ongoing risk within the Commercial Loan Portfolio to ensure continued Asset Quality
Coordinate with Internal/External Auditors, Loan Review, and regulators as needed; work closely with Chief Credit Officer, Loan Administration and Special Assets Manager
Special Assets Support
Provide assistance to identify customers with weaknesses
Support tactical plans with credit analysis, collateral assessments (title work and appraisals), and documentation review
Serve as a member of the organization’s Criticized Asset Committee
Other Essential Duties And Responsibilities
Complete all mandatory and elective training, including BSA and Anti-Money Laundering procedures. Maintain compliance with all applicable rules and regulations
Regular, predictable attendance is an essential requirement of this position
Complete all other duties as assigned
Education And/Or Experience
Bachelor’s Degree, preferably in Accounting, Finance, Economics; specialized training: AIB, Ohio Banking School, RMA, P/C preferred
Minimum ten (10) years commercial lending related experience and/or training
Strong accounting knowledge and understanding of the connection between the balance sheets and income statements; analyzing UCA cash flows; operating efficiencies; and borrowing causes
Strong knowledge of Word, Excel and financial statement spreading/monitoring software
Ability to clearly and effectively communicate both verbally and in writing
E-Verify is used to confirm the identity and employment eligibility of all newly hired employees.
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran
Position Details
Seniority level: Director
Employment type: Full-time
Job function: Finance and Sales
Industries: Banking
Referrals increase your chances of interviewing at Farmers National Bank of Canfield. Get notified about new Credit Officer jobs in Cranberry Township, PA.
#J-18808-Ljbffr
Regional Credit Officer
at
Farmers National Bank of Canfield
– lead and manage a team of Credit Analysts, Portfolio Managers and other support staff in underwriting and credit risk management for a geographic region supporting Commercial Lending, and as necessary provide underwriting support for Private Client Services and Consumer Lending. Assist team in performing financial analysis and risk rating assessments on commercial & industrial loans and commercial real estate loans. Communicate and implement credit policy and practices within new loan production and review existing credits while providing guidance for policies, procedures, guidelines and risk assessment. Partner with sales and documentation to improve the accuracy and efficiency of commercial loan processes and to further build customer relationships and enhance shareholder value.
Responsibilities
Assist Chief Credit Officer in managing the risk associated with the distribution of bank loans
In conjunction with the Chief Credit Officer, communicate and coordinate the implementation of credit administration policies, processes and procedures that are consistent with the overall credit culture of the bank, sound lending principles, strategic initiatives and regulatory guidelines
Monitor adherence to Credit Policy and manage the instances of exceptions
Actively lead or participate in project development for technology enhancements and process improvements to increase credit underwriting and portfolio management efficiencies
Responsible for assisting with preparation, review/revisions, and writing of bank lending related policies
Review loans for approval by assigned loan authority
Chair/Co-Chair Regional Loan Committee
Manage Credit Analyst team as required
Utilize various monthly, quarterly, and annual reports regarding portfolio status, deal flow and workload to the Chief Credit Officer
New Loan Underwriting
Spread financial statements and provide general operating trends and financial statement analysis comments for review by the Commercial Lenders for initial opportunity assessment and strategic development
Assist Commercial Credit Analysts with submitting new loan requests to underwriting, perform cash flow and financial statement analysis, complete collateral analysis, and use analytical tools to aid in loan write-ups
Agree and confirm proper grading via Risk Rating Matrices to ensure Asset Quality identification
Collaborate with Market Presidents and Commercial Lenders in preparing complete and accurate loan write-ups for presentation to credit authorities
Review Commercial Loan Presentations
Provide feedback to the Chief Credit Officer about the proper structure of loans and write-ups for Executive Loan Committee
Maintain ongoing communication with management on the status of new loan production
As needed, participate with sales personnel in customer meetings to present the loan write-up thoroughly and timely
Portfolio Monitoring
Provide accurate and impartial financial and risk analysis and credit investigation of existing customers
Confirm the accuracy of Risk Rating Matrices along with the Commercial Lender’s approval and timely monitoring of the receipt of proper analysis of financial information
Assist Credit Analysts and Commercial Portfolio Managers in underwriting reviews and renewals of existing credit facilities
Focus on due diligence, regulatory compliance and documentation accuracy
Ongoing monitoring will cover covenant and borrowing base compliance, trend analysis, and potential default situations
Oversee Annual Reviews/Renewals to ensure completion levels are attained
Use reports to assess ongoing risk within the Commercial Loan Portfolio to ensure continued Asset Quality
Coordinate with Internal/External Auditors, Loan Review, and regulators as needed; work closely with Chief Credit Officer, Loan Administration and Special Assets Manager
Special Assets Support
Provide assistance to identify customers with weaknesses
Support tactical plans with credit analysis, collateral assessments (title work and appraisals), and documentation review
Serve as a member of the organization’s Criticized Asset Committee
Other Essential Duties And Responsibilities
Complete all mandatory and elective training, including BSA and Anti-Money Laundering procedures. Maintain compliance with all applicable rules and regulations
Regular, predictable attendance is an essential requirement of this position
Complete all other duties as assigned
Education And/Or Experience
Bachelor’s Degree, preferably in Accounting, Finance, Economics; specialized training: AIB, Ohio Banking School, RMA, P/C preferred
Minimum ten (10) years commercial lending related experience and/or training
Strong accounting knowledge and understanding of the connection between the balance sheets and income statements; analyzing UCA cash flows; operating efficiencies; and borrowing causes
Strong knowledge of Word, Excel and financial statement spreading/monitoring software
Ability to clearly and effectively communicate both verbally and in writing
E-Verify is used to confirm the identity and employment eligibility of all newly hired employees.
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran
Position Details
Seniority level: Director
Employment type: Full-time
Job function: Finance and Sales
Industries: Banking
Referrals increase your chances of interviewing at Farmers National Bank of Canfield. Get notified about new Credit Officer jobs in Cranberry Township, PA.
#J-18808-Ljbffr