First Bank NJ
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Credit Officer
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First Bank 5 days ago Be among the first 25 applicants Join to apply for the
Credit Officer
role at
First Bank Get AI-powered advice on this job and more exclusive features. Direct message the job poster from First Bank Plays an important role in the lending process, including providing guidance and assistance to relationship managers and credit analysts/underwriters. Approves loans within lending authority and recommends approval of loans over lending authority. Assists in Loan Workout process and account management. In general, helps to ensure the maintenance of the highest level of quality and profitability of the bank's loan portfolio. Duties & Responsibilities: 1) Has decision-making and signing authority (credit approval, overdraft sign-off, wire approval) consistent with bank policies 2) Provides recommendations to Chief Credit Officer relative to evaluating loan portfolio quality, enhancing the underwriting standards to mitigate weakness in bank's credit/loan policies, monitoring loans for risk rating changes 3) Manages a team of analysts/underwriters and administrative staff 4) Manages accounts in the workout portfolio, assisting the Workout Department manager 5) Leads the AQR meeting on a quarterly basis 6) Demonstrates teamwork and facilitates communication and work flow, including creative and pragmatic solutions to credit challenges 7) Works effectively and cooperatively with Relationship Managers, Loan Administrators, retail staff and other team members in achieving goals 8) Works with the Chief Credit Officer on the loan review process (currently outsourced to Ardmore Banking Advisors). 9) Works with Project Manager to assist on special projects to implement new credit products, procedures policies or software tools. 10) May act as back-up for the Chief Credit Officer for Management Loan Committee 11) Works collaboratively with the Credit Department Manager on training for analysts 12) Acts as back-up for the Credit Department Manager Requirements: 1) Minimum of 15 years of experience in all types of bank lending preferred, including as a relationship manager, with in-depth knowledge of credit analysis, banking laws and regulations/regulatory requirements. Working knowledge of bank operations and branch functions 2) Experience in loan workout process including experience working with outside legal counsel 3) Strong organizational, interpersonal, management, communication (both written and oral), analytical, problem-solving skills 4) Ability to lead others in managing tasks 6) Previous Credit Approval Authority preferred 7) Bachelor's degree required or equivalent work experience in Finance or Accounting First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities. This position is based out of Hamilton, NJ or Fairfield, NJ Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at First Bank by 2x Inferred from the description for this job
Medical insurance Vision insurance 401(k) Tuition assistance Get notified when a new job is posted. Sign in to set job alerts for “Credit Officer” roles.
Oak Ridge, NJ $51,200.00-$73,200.00 1 week ago Princeton, NJ $75,000.00-$95,000.00 1 week ago Jersey City, NJ $55,000.00-$80,000.00 2 weeks ago Paramus, NJ $85,000.00-$100,000.00 2 weeks ago Weehawken, NJ $80,000.00-$100,000.00 20 hours ago Fairfield, NJ $64,900.00-$108,100.00 2 weeks ago Loan Officer Assistant - India Remote (Brick City Capital Divison)
Bedminster, NJ $59,720.00-$68,000.00 3 weeks ago Edison, NJ $65,000.00-$95,000.00 1 month ago Edison, NJ $57,802.00-$73,202.00 3 days ago Clinton, NJ $83,234.00-$107,610.00 1 week ago Loan Closing Analyst (Brick City Capital Division)
Newark, NJ $50,000.00-$70,000.00 5 days ago Jersey City, NJ $200,000.00-$250,000.00 4 days ago Middlesex County, NJ $55,000.00-$75,000.00 1 week ago Loan Servicing Representative III - Escrow Processing
Whippany, NJ $90,000.00-$110,000.00 1 week ago Basking Ridge, NJ $50,000.00-$75,000.00 1 week ago Jersey City, NJ $63,000.00-$75,000.00 2 weeks ago Merchant Services-Underwriter/Risk & Chargeback Analyst
Parsippany, NJ $45,000.00-$55,000.00 3 weeks ago Englewood Cliffs, NJ $25.00-$27.00 2 days ago Jersey City, NJ $66,200.00-$121,800.00 2 weeks ago Jersey City, NJ $66,200.00-$121,800.00 3 days ago Iselin, NJ $58,900.00-$84,200.00 3 months ago Livingston, NJ $60,000.00-$75,000.00 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Credit Officer
role at
First Bank 5 days ago Be among the first 25 applicants Join to apply for the
Credit Officer
role at
First Bank Get AI-powered advice on this job and more exclusive features. Direct message the job poster from First Bank Plays an important role in the lending process, including providing guidance and assistance to relationship managers and credit analysts/underwriters. Approves loans within lending authority and recommends approval of loans over lending authority. Assists in Loan Workout process and account management. In general, helps to ensure the maintenance of the highest level of quality and profitability of the bank's loan portfolio. Duties & Responsibilities: 1) Has decision-making and signing authority (credit approval, overdraft sign-off, wire approval) consistent with bank policies 2) Provides recommendations to Chief Credit Officer relative to evaluating loan portfolio quality, enhancing the underwriting standards to mitigate weakness in bank's credit/loan policies, monitoring loans for risk rating changes 3) Manages a team of analysts/underwriters and administrative staff 4) Manages accounts in the workout portfolio, assisting the Workout Department manager 5) Leads the AQR meeting on a quarterly basis 6) Demonstrates teamwork and facilitates communication and work flow, including creative and pragmatic solutions to credit challenges 7) Works effectively and cooperatively with Relationship Managers, Loan Administrators, retail staff and other team members in achieving goals 8) Works with the Chief Credit Officer on the loan review process (currently outsourced to Ardmore Banking Advisors). 9) Works with Project Manager to assist on special projects to implement new credit products, procedures policies or software tools. 10) May act as back-up for the Chief Credit Officer for Management Loan Committee 11) Works collaboratively with the Credit Department Manager on training for analysts 12) Acts as back-up for the Credit Department Manager Requirements: 1) Minimum of 15 years of experience in all types of bank lending preferred, including as a relationship manager, with in-depth knowledge of credit analysis, banking laws and regulations/regulatory requirements. Working knowledge of bank operations and branch functions 2) Experience in loan workout process including experience working with outside legal counsel 3) Strong organizational, interpersonal, management, communication (both written and oral), analytical, problem-solving skills 4) Ability to lead others in managing tasks 6) Previous Credit Approval Authority preferred 7) Bachelor's degree required or equivalent work experience in Finance or Accounting First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities. This position is based out of Hamilton, NJ or Fairfield, NJ Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at First Bank by 2x Inferred from the description for this job
Medical insurance Vision insurance 401(k) Tuition assistance Get notified when a new job is posted. Sign in to set job alerts for “Credit Officer” roles.
Oak Ridge, NJ $51,200.00-$73,200.00 1 week ago Princeton, NJ $75,000.00-$95,000.00 1 week ago Jersey City, NJ $55,000.00-$80,000.00 2 weeks ago Paramus, NJ $85,000.00-$100,000.00 2 weeks ago Weehawken, NJ $80,000.00-$100,000.00 20 hours ago Fairfield, NJ $64,900.00-$108,100.00 2 weeks ago Loan Officer Assistant - India Remote (Brick City Capital Divison)
Bedminster, NJ $59,720.00-$68,000.00 3 weeks ago Edison, NJ $65,000.00-$95,000.00 1 month ago Edison, NJ $57,802.00-$73,202.00 3 days ago Clinton, NJ $83,234.00-$107,610.00 1 week ago Loan Closing Analyst (Brick City Capital Division)
Newark, NJ $50,000.00-$70,000.00 5 days ago Jersey City, NJ $200,000.00-$250,000.00 4 days ago Middlesex County, NJ $55,000.00-$75,000.00 1 week ago Loan Servicing Representative III - Escrow Processing
Whippany, NJ $90,000.00-$110,000.00 1 week ago Basking Ridge, NJ $50,000.00-$75,000.00 1 week ago Jersey City, NJ $63,000.00-$75,000.00 2 weeks ago Merchant Services-Underwriter/Risk & Chargeback Analyst
Parsippany, NJ $45,000.00-$55,000.00 3 weeks ago Englewood Cliffs, NJ $25.00-$27.00 2 days ago Jersey City, NJ $66,200.00-$121,800.00 2 weeks ago Jersey City, NJ $66,200.00-$121,800.00 3 days ago Iselin, NJ $58,900.00-$84,200.00 3 months ago Livingston, NJ $60,000.00-$75,000.00 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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