Our client is a local bank where you will be challenged to be your best, where integrity matters and success motivates. They are looking for a Vice President of Commercial Credit Administration. This position is responsible for managing the administration of the Banks entire loan portfolio to ensure compliance with sound credit practices, analysis, loan portfolio monitoring, and reporting and regulatory compliance. Someone who will exceed expectations through innovative and collaborative thinking and offer a personal approach. This person will manage a team of four Credit Analysts and four Commercial Loan Assistants (not the Loan Officers).
Oversees credit analysis, approval processes, administration, servicing, and review of all loan and credit accounts. Provides loan portfolio strategy for annual approval of all policies and procedures relating to credit and lending guidelines
Provides credit advice and guidance to Commercial Loan Officers.
Prepares statistical analysis of the historical loan losses and qualitative assessments of general risk factors influencing the balances of the Allowance for Loan and Lease Losses. Validates credit risk ratings and loan structure, including pricing, credit compliance, and appropriate accounting treatment (e.g., TDR, Non-Accrual).
Calculates the Allowance for Loan Loss Reserve and makes recommendations to executive management for allocations to the Loan Loss Reserve.
Prepares appropriate Director Loan Committee loan portfolio reports and analyses.
Conducts financial analysis to support lending guidelines (e.g., LTV, Debt Service Coverage, Credit Ratios) for impact on credit quality and efficiency, or other analytical projects, as assigned.
Prepares credit metrics reports (e.g., credit concentrations, stress testing, risk rating assessments) via loan portfolio analysis, modeling, and monitoring.
Coordinates with the Senior Loan Officer, Internal Audit (3rd party), and Loan Review (3rd party) to ensure that credit-related issues identified from audits, independent loan reviews, and regulatory examinations are adequately and timely addressed.
Provides oversight on credit-related guidance to ensure compliance with credit-related supervisory guidance and regulations from state and federal authorities.
10+ years experience in lending or credit administration, preferably in a commercial bank with assets in excess of $1 billion.
Demonstrated knowledge of current risk management principles and compliance / regulatory issues.
Comprehensive knowledge of banking regulations (FDIC), commercial, real estate, consumer lending, and operations is necessary.
Extensive knowledge of loan risk rating, loan portfolio monitoring, asset recovery, and loan workouts.
Ability to individually conduct financial analysis, loan structuring, problem credit resolution, and interpret banking laws and regulations as they specifically apply to credit administration.
Strong financial acumen, analytical, organizational, and detail orientation skills.
Demonstrated leadership skills
Attractive Salary in the $125 - 150,000 range
Comprehensive Benefit and Retirement Programs.
Salary Type : Annual Salary
Salary Min : 125000
Salary Max : 150000
Currency Type : US Dollars