Correspondent Credit Officer III

Bell Bank•Fargo, ND

About The Position

This position functions as a lending resource for the correspondent banking team and correspondent banking business development officers. This position must possess the technical skills needed to underwrite, document and administer a commercial loan portfolio as well as assist with the bank stock/bank-related portfolio.

Requirements

B.A. in accounting, finance, or related field.
Five years or more of credit, lending, or examining experience, with additional emphasis on UBPR or commercial bank analysis.
Working knowledge of loan documentation.
Above-average written and communication skills.
Proficiency with computer technology.
Ability to deal with multiple tasks and deadlines.
Effective time management and organizational skills.

Nice To Haves

Preference for a strong bank examiner background to assist with the bank stock portfolio.

Responsibilities

Analyze and spread financial statements for existing and potential new participations and bank stock loans. Provide preliminary recommendation as to the feasibility of the credit request.
Assist with the preparation of loan committee presentations, annual credit reviews, and problem loan summaries for participations purchased and direct loans.
Analyze interim financial statements of existing borrowers.
Travel may be required in limited instances to accompany a lead bank or a business development officer in a meeting with a borrower in order to obtain answers to those questions critical to completion of an annual review or loan presentation.
Assist with the supervision of delinquent loans and workout of identified problem loans.
Actively participate in loan committee meetings as well as various other training programs that may become available.
Assist with the oversight of the loan participation portfolio and correspondent direct loan portfolio to maximize outstanding’s within the Bank.
Assist in the administration of the Bank’s loan policy. Review adherence to loan conditions, proper risk rating assessment, as well as the overall condition of the borrower on an ongoing basis for participation purchases and direct loans.
Review documentation to ensure it is complete, correct and up to date, in conjunction with annual reviews and new participation requests. Note any deficiencies and assist in collection of required items.
Mentor Bank officers in the credit administration process.
Work closely with the senior bank stock credit officer and lenders as related to direct bank loan underwriting and administration.
Prepare quarterly bank stock review spreadsheets and bank stock covenant monitoring reports.
Assist with analysis of the Bank’s participations purchased from other banks or potential banks targeted to call on to develop additional business via UBPR analysis.
Assist with preparation of periodic reports provided to Bell Bank’s senior management and the Board of Directors regarding the Correspondent Banking Portfolio.
Assist in the hiring process for future credit officers, loan review officers and credit trainees.
Know by name and face as many customers and employees as possible, calling them by name as often as possible.
Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
Know, understand, and live the company values and bottom line.
Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable State and Federal laws and regulations.
All employees are responsible for information security including compliance with policies and standards which protect sensitive information.
Prompt and reliable attendance.
Perform other duties as assigned.