Lead Credit Officer PB

• Review loan application and financial information; evaluate and determine credit structure and terms; fully underwrite Client Risk Recommendation (“CRR”) consistent with Bank format, policies and procedures; determine sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors. Ensure CRR contains a well-supported recommendation or decision; the risk rating is correct and supported; and the data and analytics used to support the decision are accurate and calculated correctly.
• Attend client meetings at PB, Region Manager, or CM's request to facilitate delivery of credit product and/or assist in problem resolution. Contact borrowers directly, for additional information and details related to loan request or clarification of financial materials and resources.
• Provide balanced and appropriate credit guidance to PB, CM and Region Manager and collaborate in determining appropriate credit strategy.
• Provide credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards. Author credit approval memorandum.
• Provide input to the PB, CM and Region Manager when loan pricing does not appear to reflect inherent risk in subject transaction. Pricing may be either too high or too low. Restructure loans and/or lines of credit as required. Assumes accountability for minimizing Bank losses.
• Perform periodic financial reviews of client's financial condition including monitoring covenants and conditions. Take a proactive approach toward resolution. Communicate and discuss findings with the PB, CM and Region Manager, where necessary. Escalate potential credit issues to Division Credit Manager.
• Have primary role in early problem loan identification and the timely and accurate changes in loan grades. Monitor and take initiative to respond to past dues based on information provided by the Private Client Officer..
• Maintain up-to-date knowledge on all Bank lending policies and regulations. Confer with the Credit Manager and appropriate Bank personnel regarding new/existing lending requirements and regulations.
• May coordinate loan documentation including work with Private Banking Loan Documentation, legal, CLC, or other outside counsel to obtain the correct, accurate documents to ensure all loan are documented to fully protect the Bank’s interests in the credit relationship. Review collateral periodically to minimize credit exposure.
• Act in accordance with Bank’s credit culture and strategies.

Must-Have*

• Bachelor's Degree
• 7 years of High Net Worth Credit Management / Underwriting experience
• 7 years of supervisory or management experience
• Must be in good standing under “The Secure and Fair Enforcement for Mortgage Licensing Act of 2008” (Safe Act) and must be registered/licensed with the “Nationwide Mortgage Licensing System and Registry”; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.

Skills and Knowledge

• College degree in Business Administration
• Minimum eight years of experience in underwriting large and complex commercial credit, private banking and consumer loans, which includes analyzing, interpreting, and evaluating financial statements, cash flow analysis, familiarity with various industries, collateral issues and values, loan structuring and guarantor personal financial statements and tax returns.
• Possesses five to eight years of management or supervisory experience.
• Highly knowledgeable in commercial credit policies and procedures.
• Strong credit analysis and accounting skills with the ability to communicate skillfully and effectively in both verbal/written forms.
• Good organizational skills.
• Ability to assume responsibility and accountability for decision making.
• Ability to work well independently and in teams and interact effectively with all levels of Bank personnel and outside contacts.