Farmers National Bank of Canfield
Regional Credit Officer
Farmers National Bank of Canfield, Cranberry Twp, Pennsylvania, United States, 16066
Description
SUMMARY:
Lead and manage a team of Credit Analysts, Portfolio Managers and other support staff in all aspects of 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. In addition, 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.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Credit Administration:
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 principals, 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:
For purposes of prospecting, 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 by using advanced accounting skills on all applicants, complete collateral analysis and use all analytical tools provided to aid in the development of the loan write-up
Through the Risk Rating Matrices, agree and confirm proper grading to ensure Asset Quality identification
Collaborate with Market Presidents and Commercial Lenders in the preparation of complete and accurate loan write-up for presentation to the appropriate credit authorities for decisions on new loan requests
Review of Commercial Loan Presentations
Provide feedback to the Chief Credit Officer about the proper structure of loans and write-ups in preparation for the Executive Loan Committee
Maintain ongoing communication with all appropriate management on the status of new loan production
As needed, participate with sales personnel in customer meetings, effectively preparing so that all pertinent topics are covered that will contribute to a timely and thorough presentation of the loan write-up
Portfolio Monitoring:
Provide accurate and impartial financial and risk analysis and credit investigation of existing customers
Responsible for confirming 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 provided by the customer
Assist Credit Analysts and Commercial Portfolio Managers in underwriting reviews and renewals of existing credit facilities. Focus on appropriate due diligence, regulatory compliance and documentation accuracy
Ongoing monitoring will concentrate on covenant and borrowing base compliance, review of trend analysis reports, and address possible default situations and ultimately identify any deterioration or changes in the customer's capacity to follow the contractual terms of their agreement
Oversee Annual Reviews/Renewals to insure assigned completion levels are attained
Utilize various monthly, quarterly, and annual reports regarding portfolio status, deal flow and workload to the Chief Credit Officer to assess ongoing risk within the Commercial Loan Portfolio to ensure continued Asset Quality
Serve as a point of contact with regard to Credit Administration, during reviews for the organization to Internal/External Auditors, Internal/External Loan Review, Credit Risk Management consultants, Federal Regulators (OCC) Credit Risk Review and works closely with the Chief Credit Officer, Loan Administration and the Special Assets Manager
Special Assets Support:
Provide assistance to the Special Assets Manager in identifying those customers with potential or defined weaknesses
Support tactical plans by assisting Special Assets Manager with credit analysis, collateral assessments such as 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 (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate 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; providing analysis of 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
Qualifications Education
Bachelors of Finance (required) Skills
Portfolio Management (preferred) Commercial Lending (required) Credit Analysis (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
SUMMARY:
Lead and manage a team of Credit Analysts, Portfolio Managers and other support staff in all aspects of 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. In addition, 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.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Credit Administration:
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 principals, 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:
For purposes of prospecting, 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 by using advanced accounting skills on all applicants, complete collateral analysis and use all analytical tools provided to aid in the development of the loan write-up
Through the Risk Rating Matrices, agree and confirm proper grading to ensure Asset Quality identification
Collaborate with Market Presidents and Commercial Lenders in the preparation of complete and accurate loan write-up for presentation to the appropriate credit authorities for decisions on new loan requests
Review of Commercial Loan Presentations
Provide feedback to the Chief Credit Officer about the proper structure of loans and write-ups in preparation for the Executive Loan Committee
Maintain ongoing communication with all appropriate management on the status of new loan production
As needed, participate with sales personnel in customer meetings, effectively preparing so that all pertinent topics are covered that will contribute to a timely and thorough presentation of the loan write-up
Portfolio Monitoring:
Provide accurate and impartial financial and risk analysis and credit investigation of existing customers
Responsible for confirming 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 provided by the customer
Assist Credit Analysts and Commercial Portfolio Managers in underwriting reviews and renewals of existing credit facilities. Focus on appropriate due diligence, regulatory compliance and documentation accuracy
Ongoing monitoring will concentrate on covenant and borrowing base compliance, review of trend analysis reports, and address possible default situations and ultimately identify any deterioration or changes in the customer's capacity to follow the contractual terms of their agreement
Oversee Annual Reviews/Renewals to insure assigned completion levels are attained
Utilize various monthly, quarterly, and annual reports regarding portfolio status, deal flow and workload to the Chief Credit Officer to assess ongoing risk within the Commercial Loan Portfolio to ensure continued Asset Quality
Serve as a point of contact with regard to Credit Administration, during reviews for the organization to Internal/External Auditors, Internal/External Loan Review, Credit Risk Management consultants, Federal Regulators (OCC) Credit Risk Review and works closely with the Chief Credit Officer, Loan Administration and the Special Assets Manager
Special Assets Support:
Provide assistance to the Special Assets Manager in identifying those customers with potential or defined weaknesses
Support tactical plans by assisting Special Assets Manager with credit analysis, collateral assessments such as 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 (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate 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; providing analysis of 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
Qualifications Education
Bachelors of Finance (required) Skills
Portfolio Management (preferred) Commercial Lending (required) Credit Analysis (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.