Associate Credit Officer - Middle Market

Texas Capital Bank•Austin, TX

About The Position

Associate Credit Officer (ACO) is positioned within Credit Administration and is integral to the success of each line of business it supports, helping to drive the strategic vision set forth by Texas Capital Bank. This position will support the Middle Market line of businesses within the bank. The Associate Credit Officer is responsible for maximizing portfolio performance and providing oversight for the Portfolio Managers leading deals from opportunity to close. Responsibilities include monitoring the portfolio quality against established criteria and recommending adjustments to existing credit facilities as appropriate. The Associate Credit Officer provides efficient follow-up and spearheads processes to ensure best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business.

Requirements

A minimum of ten (10) years of experience in a credit related role
Bachelor’s degree
Proficient with Excel and Microsoft Word.
Strong written communications skills.
Understanding of all Bank products and services.
Thorough knowledge of commercial loans, principles, policies, and practices.
Thorough knowledge of financial statement analysis and Petroleum Engineering evaluations.
Knowledge of current lending laws and regulations.

Nice To Haves

MBA preferred.
Completion of a formal credit training program preferred.
Prior experience as a commercial lender preferred.
A high level of interpersonal skills to communicate policies, procedures and objectives effectively throughout the Bank and to cultivate working relationships with bankers and clients.
A high level of analytical skill to assess and manage areas of responsibility including determination of credit risk involved and making final approval decisions.

Responsibilities

Ensures all due diligence and background evaluation is complete before credit approval is granted.
Ensures the effective administration of the corporate loan policies, programs, objectives and goals as they pertain to the Bank
Ownership of post-approval modifications to ensure accurate reporting of credit exposure
Oversight and in-depth analysis of macroeconomic conditions, industry trends and changes in lending practices
Ownership of portfolio reporting and analytics: grade-migration, past-dues, exceptions, coming-due maturities, etc.
Oversight of credit related responsibilities for the Credit Risk Analysts and Associates, including financial statement spreading and validation of various underwriting models
Ownership of all credit approvals (new customers, modifications, renewals, increases, risk assessments)
Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks
Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospects
Assures the integrity of individual credits approved as well as the assigned portfolio.
Responsible for risk rating assessment and periodic relationship reviews
Partner with Relationship Manager in credit agreement review and negotiation
Validate covenant compliance and covenant management, when applicable
Direct and manage portfolio review, when applicable
Works with and mentors underwriting team.
Ownership of policy exception identification
Identify cross-sell opportunities
Assesses risk ratings.
Partner with Special Assets Group for credit requests (as needed)
May perform other duties as needed.