First United-posted 3 months ago
$66,700 - $146,700/Yr
Full-time • Senior
Morgantown, WV
Management of Companies and Enterprises

The Regional Credit Officer is responsible for ensuring an effective and efficient commercial credit underwriting function by coordinating work within the department to meet the expectations of our existing and future business customers. This includes managing the Credit Analysts I & II, Senior Credit Analysts, and Administrative Analysts, providing detailed financial, market and industry analysis, assessing credit risk within both proposed commercial loan requests and existing commercial loan portfolio, and managing the Bank's commercial appraisal process to assure compliance with regulatory requirements. The role also involves providing alternative solutions through structure, conditions and covenants to mitigate risk, ensuring the department's compliance with operating policies and procedures and outside regulatory requirements, and effectively communicating with both internal & external bank customers.

  • Coordinates workflow of commercial loan & ACH proposals, relationship reviews, loan maturities, and renewals for the Bank's commercial loan customers.
  • Communicates with commercial lending staff during the vetting process of prospective loan requests.
  • Manages analysis quality to assure for consistent, superior quality narrative financial analysis.
  • Assesses loan proposals for Bank and Regulatory policy compliance.
  • Provides alternative recommendations to loan structure, covenants and conditions to mitigate credit risk.
  • Approves loans and ACHs within designated lending authority.
  • Communicates with and provides recommendations for loan requests to Senior Management Committee.
  • Responsible for the credit quality of participated loan arrangements.
  • Oversees the risk ratings for their assigned region/team.
  • Manages the annual relationship review process for the Bank's top aggregate commercial loan relationships.
  • Develops and maintains the commercial appraisal review process.
  • Provides recommendations to streamline commercial approval process.
  • Provides commercial loan process, procedure, loan structuring, policy and compliance training for retail branch associates.
  • Directly supervises assigned personnel while assisting in the selection of new associates.
  • Keeps personnel informed of pertinent policies and procedures affecting the department.
  • Oversees, maintains and monitors compliance with regulations, policies and procedures.
  • Manages the administration team assigned to commercial loan processing system.
  • Meets with applicable Commercial Relationship Manager-Team Leaders and Market Presidents.
  • Implements strategies to achieve goals assigned to the department.
  • Prepares various portfolio reports and works on special projects as assigned.
  • A Bachelor of Science or Bachelor of Arts degree in Accounting, Finance or related field of study is preferred.
  • In lieu of a bachelor's degree, a High School Diploma and a minimum of seven years of directly related commercial lending or commercial underwriting experience is acceptable.
  • Specialized education, training and certification in financial analysis, credit risk, appraisal review, and lending normally required.
  • A minimum of seven (7) years of related commercial underwriting or commercial lending experience with a minimum of two (2) years of supervisory experience is required.
  • Advanced reading, writing, grammar, and mathematics skills.
  • Advanced interpersonal relations and effective communicative skills.
  • Advanced knowledge of current lending, appraisal, and loan review regulations and banking regulations.
  • Advanced ability to analyze and interpret complex financial statements.
  • Strong PC skills, including spreadsheet software and loan management software.
  • Valid driver's license.
  • 12-days of Paid Time Off (PTO), accrued 1-day for each month worked.
  • 12 paid holidays.
  • 2 Personal days.
  • 2 Family Sick days.
  • 2 Volunteer Days after completion of 90 days of employment.
  • Eligible for Health Care, Dental and Vision (single and family) the first of the month following 30 days of full-time employment.
  • 401(k) eligible on the first day of the month following 30 days of employment with employer match available.
  • Company Wellness Program.
  • Company Stock program available after 1 year of employment.
  • Annual Performance Reviews completed, and salary increase amount given based on individual performance.
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