Amerant Bank
Responsible for providing a sound, independent and objective assessment and recommendation on risk factors associated with small business, midsize, large, complex structures, and transactions related to Commercial and Industrial (C&I) transactions. This position will also oversee credit risk management and maintain credit quality for the respective assigned portfolio by monitoring relationship trends, clearing exceptions, evaluating credit risk and key factors, and providing recommendations and credit solutions appropriate to the relationship risk profile.
Responsibilities
Provide transactional support with the creation of credit memos while maintaining a clear understanding of the bank’s credit programs, policies, and adherence. Report all deviations from credit programs and policy to the supervisor.
Conduct analysis/underwriting functions as needed. Provide support on new business activities by screening preliminary data and following up on required documentation to ensure conformity to the bank’s credit underwriting policy. Prepare documentation, memos, and/or presentations as needed.
Perform the annual review of existing credit relationships; identify necessary risk rating changes, errors or inconsistencies, and recommend modifications to risk ratings as appropriate. This includes calculating and verifying covenant testing requirements and monitoring loan policy exceptions.
Support the accurate review and evaluation of the financial condition and operating performance of C&I borrowers for new and existing loan exposures, increases, and modifications of terms/conditions.
Support large and complex financial analysis with a high degree of accuracy in figures and credit risk assessment. Identify loan policy exceptions and industry/loan-structure specific risks/issues with appropriate mitigating factors.
Identify, evaluate, monitor, and make recommendations to the supervisor to assess, reduce, eliminate or control current or prospective risks to earnings or capital arising from violations of laws, rules, regulations, internal policies, or ethical standards.
Review and measure bank borrower’s conformance with legal covenants, track compliance, and assist Credit Portfolio Managers and Relationship Managers in collaborating with other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk.
Assist in the training process of new underwriters, adopting operating procedures, mastering formats, and applying credit criteria.
Complete or review and provide feedback on spread financial statements, comprehensive analysis, and credit approval packages according to bank credit programs and policy.
Work within the software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
Administer and monitor maturities, delinquencies, and criticized asset reports, identifying red flags or problems within the portfolio. Report portfolio issues and irregularities to the supervisor.
Conduct project site visits/inspections and report findings.
Provide assistance in other areas within the department as required, covering for vacation or absenteeism.
Ensure preventive measures comply with current rules, regulations, and internal policies relating to BSA, USA Patriot Act, OFAC, and other AML issues.
Assist management with ongoing projects.
Perform other duties as assigned by the Chief Credit Officer or supervisor.
Minimum Education And/or Certifications Requirements Bachelor’s degree in business, accounting or finance required. Master’s degree preferred or 5+ years of credit underwriting/credit analysis experience in lieu of education. Formal credit training preferred.
Minimum Work Experience Requirements 7+ years of professional experience in credit underwriting/credit analysis. Knowledgeable of banking products and documentation.
Technical And/or Other Essential Knowledge Thorough understanding of the bank’s credit procedures, programs and policy; accounting and credit principles; proficiency in Microsoft Suite required; experience in SQL a plus; Salesforce, nCino, FIS IBS experience a plus. Sound time management and organizational skills required; well organized and systematic; strong communication skills.
Seniority Level Mid-Senior level
Employment Type Full-time
Job Function Finance and Sales
Miami, FL $68,000.00-$176,000.00 2 weeks ago
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Responsibilities
Provide transactional support with the creation of credit memos while maintaining a clear understanding of the bank’s credit programs, policies, and adherence. Report all deviations from credit programs and policy to the supervisor.
Conduct analysis/underwriting functions as needed. Provide support on new business activities by screening preliminary data and following up on required documentation to ensure conformity to the bank’s credit underwriting policy. Prepare documentation, memos, and/or presentations as needed.
Perform the annual review of existing credit relationships; identify necessary risk rating changes, errors or inconsistencies, and recommend modifications to risk ratings as appropriate. This includes calculating and verifying covenant testing requirements and monitoring loan policy exceptions.
Support the accurate review and evaluation of the financial condition and operating performance of C&I borrowers for new and existing loan exposures, increases, and modifications of terms/conditions.
Support large and complex financial analysis with a high degree of accuracy in figures and credit risk assessment. Identify loan policy exceptions and industry/loan-structure specific risks/issues with appropriate mitigating factors.
Identify, evaluate, monitor, and make recommendations to the supervisor to assess, reduce, eliminate or control current or prospective risks to earnings or capital arising from violations of laws, rules, regulations, internal policies, or ethical standards.
Review and measure bank borrower’s conformance with legal covenants, track compliance, and assist Credit Portfolio Managers and Relationship Managers in collaborating with other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk.
Assist in the training process of new underwriters, adopting operating procedures, mastering formats, and applying credit criteria.
Complete or review and provide feedback on spread financial statements, comprehensive analysis, and credit approval packages according to bank credit programs and policy.
Work within the software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
Administer and monitor maturities, delinquencies, and criticized asset reports, identifying red flags or problems within the portfolio. Report portfolio issues and irregularities to the supervisor.
Conduct project site visits/inspections and report findings.
Provide assistance in other areas within the department as required, covering for vacation or absenteeism.
Ensure preventive measures comply with current rules, regulations, and internal policies relating to BSA, USA Patriot Act, OFAC, and other AML issues.
Assist management with ongoing projects.
Perform other duties as assigned by the Chief Credit Officer or supervisor.
Minimum Education And/or Certifications Requirements Bachelor’s degree in business, accounting or finance required. Master’s degree preferred or 5+ years of credit underwriting/credit analysis experience in lieu of education. Formal credit training preferred.
Minimum Work Experience Requirements 7+ years of professional experience in credit underwriting/credit analysis. Knowledgeable of banking products and documentation.
Technical And/or Other Essential Knowledge Thorough understanding of the bank’s credit procedures, programs and policy; accounting and credit principles; proficiency in Microsoft Suite required; experience in SQL a plus; Salesforce, nCino, FIS IBS experience a plus. Sound time management and organizational skills required; well organized and systematic; strong communication skills.
Seniority Level Mid-Senior level
Employment Type Full-time
Job Function Finance and Sales
Miami, FL $68,000.00-$176,000.00 2 weeks ago
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