Shore United Bank
Overview
Shore United Bank is seeking a full-time
Construction Credit Executive
to join our team. The Construction Credit Executive is responsible for managing the construction credit quality for the Bank. This role will ensure the efficient and accurate analysis of construction credit risk for new loan requests and existing lending relationships, with a focus on structuring primarily for commercial construction loans. The position interacts with lenders within the Construction and A&D Lending group, and throughout the regions to provide guidance in structuring deals, authorize deals where appropriate, and negotiate administrative requirements when necessary. It also interacts with mortgage loan officers to limit exceptions, monitor builder credit quality, and quickly assess and resolve any construction-related delays or concerns. The role implements strategies to achieve goals developed for the credit department as part of the Bank's annual operating plan, ensures compliance with operating policies and procedures and outside regulatory requirements, directly supervises assigned personnel, communicates with appropriate management and staff, and provides periodic reports. Essential Functions
Ensure all activities of the credit department with particular focus on construction and A&D lending are conducted in accordance with bank lending policy and procedure Monitor the efficiency, adequacy, and accuracy of all construction lending related analysis performed by analysts via a review of financial spreads, cash flow reports, and narratives; identify financial, structural, and other risks; and review file documentation and collateral In coordination with the Regional Credit Executives, manage the department\'s backlog of commercial construction underwriting assignments to meet the needs of the line staff and customers; ensure proper priority is assigned to all requests; assign underwriting tasks to analysts based on their abilities, knowledge of the client, and the department\'s overall workload; and manage expectations with the Relationship Manager regarding timeframe of approval Collaborate with EVP, Construction and A&D Lending and Relationship Managers to negotiate transaction structure and mitigation strategies of key risks for new and existing commercial loans during underwriting Work with EVP, Mortgage Lending and Mortgage Loan Officers to complete preconstruction reviews to determine any exceptions to policy, mitigate where necessary, and resolve problems arising during construction, including disputes with the builder Exercise loan authority judiciously to protect the Bank while meeting client needs Approve loans up to $5,000,000 with representation of Line. The Construction Credit Executive can have major impact on the Bank\'s performance Participate in the training of Credit Analysts in underwriting topics, especially construction administration, market feasibility, budget analysis, contractor analysis, and industry evaluation Work closely with management and customer service personnel to provide quality customer service and improve internal operations Prepare various reports as requested by the Chief Credit Officer or other Executive management Meet with employees and management of related departments to create efficiencies or resolve problems relating to commercial loan approvals, portfolio management, and/or personnel or departmental management Collaborate with the Chief Credit Officer and Regional Credit Executives to establish goals and strategies for the credit department Administers Built software by liaising with the Bank\'s account representative to resolve software issues, ensure appropriate utilization by the department, and represent the Bank\'s needs for future enhancements Assist the Chief Credit Officer in maintenance of CAM and provide periodic input on Policy related to construction lending Ensure adequate completion of annual reviews of large exposures and assist with major loan review and regulatory exam preparation Demonstrate compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting policies, procedures, and practices that promote risk management, safety, and regulatory adherence Location
Westgate Building - 200 Westgate Circle, Suite 200, Annapolis, MD 21401 Position Type/Expected Hours of Work
Full-time Exempt Days of Work: Monday-Friday Required Education and Experience
Bachelor\'s Degree in relevant field - i.e., Business, Finance, Accounting Minimum of 5 years\' experience in a related position Specialized commercial credit or banking training programs (e.g., RMA, ICBA, ABA, Moody\'s lending schools or certificates, bank association-led schools, etc.) Experience structuring and approving commercial loans Strong construction lending skills Knowledge of GAAP and financial analysis methods Prior management or supervisory experience Strong knowledge of bank loan policies and federal and state regulations Strong communication skills Ability to analyze complex credits with multiple strengths and weaknesses, including negotiating covenants to protect the Bank while originating more than the Bank\'s fair share of the market Compensation
The pay range for this position is $157,500 to $208,500 annually. Actual compensation offered may vary based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer. Company Benefits
Join a family- and community-oriented workplace with a collaborative and friendly environment Comprehensive benefits for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and more Paid parental leave 401k with up to 4% company match Employee Stock Purchase Plan Employee perks such as banking services, loan discount program, education assistance, career development, Employee Assistance Program, and wellness initiatives Opportunity for growth and advancement Paid training and ongoing sessions throughout the year Generous paid time off and sick time Community involvement opportunities Shore United Bank is a full-service financial institution with a rich history dating back to 1876. With over $6 billion in assets, we offer innovative financial services delivered with a personal touch. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and provide digital banking services. We also offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Our team is dedicated to helping you achieve your financial goals. Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
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Shore United Bank is seeking a full-time
Construction Credit Executive
to join our team. The Construction Credit Executive is responsible for managing the construction credit quality for the Bank. This role will ensure the efficient and accurate analysis of construction credit risk for new loan requests and existing lending relationships, with a focus on structuring primarily for commercial construction loans. The position interacts with lenders within the Construction and A&D Lending group, and throughout the regions to provide guidance in structuring deals, authorize deals where appropriate, and negotiate administrative requirements when necessary. It also interacts with mortgage loan officers to limit exceptions, monitor builder credit quality, and quickly assess and resolve any construction-related delays or concerns. The role implements strategies to achieve goals developed for the credit department as part of the Bank's annual operating plan, ensures compliance with operating policies and procedures and outside regulatory requirements, directly supervises assigned personnel, communicates with appropriate management and staff, and provides periodic reports. Essential Functions
Ensure all activities of the credit department with particular focus on construction and A&D lending are conducted in accordance with bank lending policy and procedure Monitor the efficiency, adequacy, and accuracy of all construction lending related analysis performed by analysts via a review of financial spreads, cash flow reports, and narratives; identify financial, structural, and other risks; and review file documentation and collateral In coordination with the Regional Credit Executives, manage the department\'s backlog of commercial construction underwriting assignments to meet the needs of the line staff and customers; ensure proper priority is assigned to all requests; assign underwriting tasks to analysts based on their abilities, knowledge of the client, and the department\'s overall workload; and manage expectations with the Relationship Manager regarding timeframe of approval Collaborate with EVP, Construction and A&D Lending and Relationship Managers to negotiate transaction structure and mitigation strategies of key risks for new and existing commercial loans during underwriting Work with EVP, Mortgage Lending and Mortgage Loan Officers to complete preconstruction reviews to determine any exceptions to policy, mitigate where necessary, and resolve problems arising during construction, including disputes with the builder Exercise loan authority judiciously to protect the Bank while meeting client needs Approve loans up to $5,000,000 with representation of Line. The Construction Credit Executive can have major impact on the Bank\'s performance Participate in the training of Credit Analysts in underwriting topics, especially construction administration, market feasibility, budget analysis, contractor analysis, and industry evaluation Work closely with management and customer service personnel to provide quality customer service and improve internal operations Prepare various reports as requested by the Chief Credit Officer or other Executive management Meet with employees and management of related departments to create efficiencies or resolve problems relating to commercial loan approvals, portfolio management, and/or personnel or departmental management Collaborate with the Chief Credit Officer and Regional Credit Executives to establish goals and strategies for the credit department Administers Built software by liaising with the Bank\'s account representative to resolve software issues, ensure appropriate utilization by the department, and represent the Bank\'s needs for future enhancements Assist the Chief Credit Officer in maintenance of CAM and provide periodic input on Policy related to construction lending Ensure adequate completion of annual reviews of large exposures and assist with major loan review and regulatory exam preparation Demonstrate compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting policies, procedures, and practices that promote risk management, safety, and regulatory adherence Location
Westgate Building - 200 Westgate Circle, Suite 200, Annapolis, MD 21401 Position Type/Expected Hours of Work
Full-time Exempt Days of Work: Monday-Friday Required Education and Experience
Bachelor\'s Degree in relevant field - i.e., Business, Finance, Accounting Minimum of 5 years\' experience in a related position Specialized commercial credit or banking training programs (e.g., RMA, ICBA, ABA, Moody\'s lending schools or certificates, bank association-led schools, etc.) Experience structuring and approving commercial loans Strong construction lending skills Knowledge of GAAP and financial analysis methods Prior management or supervisory experience Strong knowledge of bank loan policies and federal and state regulations Strong communication skills Ability to analyze complex credits with multiple strengths and weaknesses, including negotiating covenants to protect the Bank while originating more than the Bank\'s fair share of the market Compensation
The pay range for this position is $157,500 to $208,500 annually. Actual compensation offered may vary based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer. Company Benefits
Join a family- and community-oriented workplace with a collaborative and friendly environment Comprehensive benefits for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and more Paid parental leave 401k with up to 4% company match Employee Stock Purchase Plan Employee perks such as banking services, loan discount program, education assistance, career development, Employee Assistance Program, and wellness initiatives Opportunity for growth and advancement Paid training and ongoing sessions throughout the year Generous paid time off and sick time Community involvement opportunities Shore United Bank is a full-service financial institution with a rich history dating back to 1876. With over $6 billion in assets, we offer innovative financial services delivered with a personal touch. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and provide digital banking services. We also offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Our team is dedicated to helping you achieve your financial goals. Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
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