Valley
Job Description
Responsibilities include but are not limited to: Carries a substantial amount of approval authority for commercial credit requests where total exposure exceeds $1,500,000 in all portfolios (retail, commercial & industrial, real estate and leasing) Review (and sponsor as needed) credits submitted for committee approval and serve as a voting member of the Senior Credit Committee. Manage a team of CPM Team Leaders, Credit Officers, and Credit Portfolio Managers for a wide geography or LOB with direct and indirect reports to ensure operational efficiency, collaboration across teams and quality work product. Provide guidance to lenders and team of CPM Team Leaders, Credit Officers and Credit Portfolio Managers concerning the underwriting and structuring of commercial loans, commercial mortgages and ACH transactions. Monitor credit policy/procedure compliance, past due loan status and other portfolio management responsibilities are proactively addressed with the assigned lending and credit teams. Positively lead any changes within the corporate environment. Provide consistent and constructive feedback on direct report's performance and ensure the same is completed for indirect reports. Participate in establishing and maintaining credit policy and related procedures and guidelines. Conduct credit-related projects at the direction of the Chief Credit Officer. Provide input for disaster recovery and business continuity including backup to the Chief Credit Officer. Requirements
Required Skills
Strong command of financial accounting including knowledge of Financial Accounting Standards Board (FASB) guidance affecting financial reporting such as FAS 5, FAS 13, FAS 95, FAS 114, FAS 141. Ability to analyze complex financial statements and assess business cash flow. Ability to analyze personal tax returns, personal financial statements to assess an individual's net worth, liquidity and cash flow capacity. Ability to assess business plans for start-up ventures including financial projections. Knowledge of corporate organizational structures and the impact of these structures on federal tax liability. Knowledge of the fundamental risk factors associated with a broad array of industry sectors (manufacturing, healthcare, retail, transportation) and assess these risks as part of the overall credit risk assessment and decision process. Ability to effectively communicate credit concerns and formulate alternate loan structures to customers, business unit team leaders, department heads and senior management. Knowledge of loan documentation requirements for all types of commercial loan and lease products including C&I loans, asset-based loans, commercial real estate loans, equipment leasing. Strong knowledge of relevant banking regulations including Regulation B, Regulation O, AML/BSA, OFAC, FDIC Loss Share Agreement. Ability to mentor Credit Officers, CPM Team Leaders and Credit Portfolio Managers concerning the bank's credit culture, policies and procedures. Effectively balance the bank's goals of sound credit quality and loan portfolio growth. Ability to manage a staff of Credit Officers, CPM Team Leaders, Credit Portfolio Managers and support staff involving daily responsibilities, salary and performance reviews and special projects. Required Experience
High School Diploma or GED and a minimum of 10 years commercial lending experience including substantial credit authority. Formal credit training. Credit management experience that includes exposure to underwriting, loan processing and administration, documentation, and customer service (internal and external). Master's Degree preferred in Finance, Accounting, or Business Administration.
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Responsibilities include but are not limited to: Carries a substantial amount of approval authority for commercial credit requests where total exposure exceeds $1,500,000 in all portfolios (retail, commercial & industrial, real estate and leasing) Review (and sponsor as needed) credits submitted for committee approval and serve as a voting member of the Senior Credit Committee. Manage a team of CPM Team Leaders, Credit Officers, and Credit Portfolio Managers for a wide geography or LOB with direct and indirect reports to ensure operational efficiency, collaboration across teams and quality work product. Provide guidance to lenders and team of CPM Team Leaders, Credit Officers and Credit Portfolio Managers concerning the underwriting and structuring of commercial loans, commercial mortgages and ACH transactions. Monitor credit policy/procedure compliance, past due loan status and other portfolio management responsibilities are proactively addressed with the assigned lending and credit teams. Positively lead any changes within the corporate environment. Provide consistent and constructive feedback on direct report's performance and ensure the same is completed for indirect reports. Participate in establishing and maintaining credit policy and related procedures and guidelines. Conduct credit-related projects at the direction of the Chief Credit Officer. Provide input for disaster recovery and business continuity including backup to the Chief Credit Officer. Requirements
Required Skills
Strong command of financial accounting including knowledge of Financial Accounting Standards Board (FASB) guidance affecting financial reporting such as FAS 5, FAS 13, FAS 95, FAS 114, FAS 141. Ability to analyze complex financial statements and assess business cash flow. Ability to analyze personal tax returns, personal financial statements to assess an individual's net worth, liquidity and cash flow capacity. Ability to assess business plans for start-up ventures including financial projections. Knowledge of corporate organizational structures and the impact of these structures on federal tax liability. Knowledge of the fundamental risk factors associated with a broad array of industry sectors (manufacturing, healthcare, retail, transportation) and assess these risks as part of the overall credit risk assessment and decision process. Ability to effectively communicate credit concerns and formulate alternate loan structures to customers, business unit team leaders, department heads and senior management. Knowledge of loan documentation requirements for all types of commercial loan and lease products including C&I loans, asset-based loans, commercial real estate loans, equipment leasing. Strong knowledge of relevant banking regulations including Regulation B, Regulation O, AML/BSA, OFAC, FDIC Loss Share Agreement. Ability to mentor Credit Officers, CPM Team Leaders and Credit Portfolio Managers concerning the bank's credit culture, policies and procedures. Effectively balance the bank's goals of sound credit quality and loan portfolio growth. Ability to manage a staff of Credit Officers, CPM Team Leaders, Credit Portfolio Managers and support staff involving daily responsibilities, salary and performance reviews and special projects. Required Experience
High School Diploma or GED and a minimum of 10 years commercial lending experience including substantial credit authority. Formal credit training. Credit management experience that includes exposure to underwriting, loan processing and administration, documentation, and customer service (internal and external). Master's Degree preferred in Finance, Accounting, or Business Administration.
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