Credit Administration Manager

Farmers State Bank • Marion, IA

1d

About The Position

The Credit Administration Manager leads and supervises Credit Administration Department personnel and functions, including maintaining high-quality financial statement spreading and financial analysis. The role develops methods for evaluating the overall loan portfolio, including risk rating individual credits, and manages the centralization and retention of customer loan information. It ensures effective use of system software and consistent bank-wide storage of loan documentation.

The position evaluates portfolio risk, identifies problem loans and loans that meet non-accrual or charge-off criteria, and prepares CECL analyses and reports for the Chief Credit Officer and other bank leaders. It assists with Bank Loan Policy, authors and updates the Loan Procedures Manual, reviews lending files and loan documents, and provides guidance and training to loan officers and credit personnel.

The manager directly supervises, coaches, and develops employees; sets goals and evaluates performance; and supports a collaborative, high-morale team. The position also coordinates with Loan Operations to support regulatory compliance and safe and sound lending practices, and participates in community organizations.

Requirements

• Bachelor's degree in Business, Accounting, or Economics.
• A minimum of 5 to 10 years of experience, including commercial and consumer lending and loan documentation.
• Strong written and verbal communication skills.
• Negotiation skills.
• Ability to interact with customers and employees with tact, diplomacy, and confidentiality.
• Resourceful, innovative, and well organized.
• Ability to assess problems or unusual situations and develop logical solutions.
• Ability to create a collaborative and motivating team environment.
• Ability to develop and advance staff skills.
• Strong ethical focus.

Responsibilities

• Centralize and retain customer loan information, select and review loan software options, implement consistent bank-wide documentation retention methods, and use system capabilities for portfolio analysis and reporting.
• Develop methods and reports to evaluate the loan portfolio, including risk ratings for individual credits.
• Identify problem loans and recommend Watch List assignments to the Chief Credit Officer; discuss loan status and recommend future credit information needs.
• Identify loans meeting non-accrual or charge-off criteria.
• Analyze and prepare monthly or quarterly CECL for loan and lease losses for the Chief Credit Officer.
• Prepare monthly, quarterly, and annual Board reports and periodic portfolio studies, including past-due reports, basket loans, and credit concentrations.
• Assist the Chief Credit Officer in formulating and reviewing Bank Loan Policy; serve as primary author of the Loan Procedures Manual and share responsibility for periodic updates.
• Attend past-due meetings, loan reviews, and Loan Policy Committee meetings.
• Systematically examine files for adequate credit and collateral documentation, regulatory compliance, and conformance with loan policy; review technical exceptions and deficiencies.
• Prepare and oversee written analyses of large loans, large aggregate lending to one borrower, complex loans, and weak loans.
• Directly supervise, coach, and develop direct reports, including career development plans and succession planning; set goals and evaluate performance.
• Build a team culture characterized by teamwork, high morale, and retention; ensure effective bank-wide communication and regularly communicate policies, goals, and results.
• Ensure credit analysts produce high-quality statement spreads and financial analyses.
• Provide technical assistance and guidance to loan officers and credit personnel, and train individuals in the Bank's loan officer training program.
• Ensure loan documents are reviewed for accuracy and errors are identified during pre-proofing and post-closing; notify the Chief Credit Officer about patterns or concerns.
• Confer with the Loan Operations Manager to support regulatory compliance and safety and soundness across the lending process.
• Promote the Bank through participation in community organizations and perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager