Commercial Credit Administrator and Troubled Asset Coordinator

GESA CREDIT UNION•Renton, WA

1d•Onsite

About The Position

The Commercial Credit Administrator and Troubled Assets Coordinator will be responsible for the review of credit submissions for Commercial Banking as well as the day-to-day management of special assets/troubled credits. This position will also provide mentoring and training to underwriters as needed ensuring processes are understood and followed. Additionally, this role will conduct financial reviews, assist with audit requirements, and monitor/follow up on the collection of past due loans.

Requirements

Bachelor’s degree in finance, accounting, or a related field preferred
Minimum of five (5) years of commercial lending experience, credit administrative and/or experience with troubled/special assets preferred
Minimum of seven (7) years of experience in the financial services industry preferred
Thorough working knowledge of the financial services industry including business cash flow, lending policies and procedures, financial statements, and credit analysis
Proficient with standard office equipment, computer hardware and software, and Microsoft programs
Exceptional attention to detail and accuracy in commercial credit and documentation
Strong analytical skills to assess credit risk and develop data-driven decisions
Prioritize, organize and respond to multiple tasks and competing requests
Ability to consistently present a professional demeanor and image to internal and external members
Excellent customer service attributes
Effective communication of ideas and information, both orally and in writing
Promote and participate in a cohesive team environment

Responsibilities

Review commercial and SBA loan submissions to ensure credit underwriting standards are maintained to align with the commercial credit culture, risk tolerance and concentration limits of the credit union
Conduct on-going reviews of the credit union’s portfolio through the annual credit review process to proactively identify potential credit risk and/or signs of deterioration within the commercial and SBA portfolios
Conduct financial statement spreading reviews for consistency and accuracy within the underwriting process
Monitoring of Asset Based lines of credit
Contribute to the mentoring and training to credit underwriters
Monitoring and follow up for collection of past due commercial and SBA loans
Quarterly development, follow up and monitoring of problem loan reports
Provide recommendations for adjustments to risk grading commercial and SBA credits
Completion and monitoring of covenant waivers
Partner with internal and external legal counsel to facilitate the work out troubled assets for timely and effective resolution
Contribute toward all required audit and exams including regulatory examiners, third party loan reviewers and auditors, internal audit, and internal quality assurance and quality control teams
Work effectively and collaboratively across all commercial and credit union departments
Provide recommendations based on analysis of current workflows and achievable process improvements
Maintain understanding of all internal credit union guidelines & policies as well as all state and federal requirements
Keep abreast of national and local economic news
Maintain and protect all sensitive data utilizing the highest standard of confidentiality and professionalism
Display leadership values such as mutual respect, honesty, trust and dignity, and act in the best interest of the credit union