Centralized Commercial Credit Officer II

Atlantic Union Bank Careers•Waldorf, MD

1d•Onsite

About The Position

The Centralized Commercial Credit Officer is responsible for loan approvals on business purpose and commercial real estate loans within line of business parameters. Loan authority is commensurate with experience, expertise and business need. From time to time, this position may provide guidance on credits that are classified, criticized, or have been recently downgraded where a clear plan of action is required. This position will interact closely with others in Credit Administration, as well as the revenue producing lines of business. The position’s primary goal is to make credit decisions that are consistent with the corporate credit culture and to provide timely responses on complete loan request packages.

Requirements

Bachelor's degree in business, finance or related field.
Five or more years’ experience in business banking/commercial banking and/or a credit administration position that included underwriting and assessment of credit requests.
PC proficiency and experience with word processing and spreadsheet software, including the use of system and user generated formulas, macros, charts, and tables.
Working knowledge of loan documentation, i.e. documents needed to perfect a lien on various collateral types; familiarity with documents signed; identifying related risks and working with Legal as deemed appropriate.

Nice To Haves

Prior loan approval authority highly preferred.
Results oriented, decisive
Confident in knowledge and experience; able to clearly articulate loan approvals and declines
Accuracy, and attention to detail a must.
Ability to handle confidential information with the utmost discretion.
Ability to work independently as well as within a team environment.
Strong interpersonal, communication and listening skills.
Strong consultative skills including the ability to ask critical questions to identify opportunities

Responsibilities

Reviews and determines appropriate risk assessment of business loan requests including the appropriate level of analysis of borrower's business, management, financial condition, and operations.
Evaluates financial statements and prepares independent written credit evaluations on business loans and relationships. Analyses will identify the key strengths and weaknesses of that particular borrower, along with the loan structure, and conclude in the approval or decline of the loan.
Applies experience and judgment to evaluate the level of risk within a request and structure the loan terms to meet the borrower’s needs while adhering to AUB’s risk and credit policies.
Signature loan approvals on business relationships to be determined based on experience, expertise and business need; works closely with the Centralized Credit Management for those approvals that exceed individual loan authority.
Collaborates with sales and credit partners to meet deadlines on business loan requests.
Accountable for and manages assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and following through for remediation.
Other portfolio duties include but are not limited to: timely and accurate risk rating of clients based on internal and external data; consideration and approval of short term extensions and ensuring correct documentation at time of review.
Provides guidance/mentoring to Relationship Managers on risk management issues and/or loan structure as requested or otherwise deemed necessary or appropriate.
Works with Relationship Managers and line management to ensure that loan portfolio quality goals are met.
Maintains current operating knowledge of all job-relevant legal and regulatory requirements through the successful completion of compliance and regulatory training and attendance at all mandatory regulatory compliance and credit training activities.