Credit Administrator - Remote

UnitedHealth Group•Draper, UT

7h•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. The Credit Administrator at Optum Bank will be responsible for supporting the Director of Credit Administration in managing all aspects of the credit risk management function for their line of business including execution and communication of policy, approval process, administration, portfolio analysis, and remediation of examiner and auditor observations. This will involve working closely with members of the Credit Department and individuals at all levels within Optum Bank. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week. You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or Business from an accredited institution
7+ years of experience in a bank setting underwriting or approving commercial real estate loans, reviewing loan documents, experience with lending laws, loan transaction procedures, portfolio monitoring, and loan servicing
7+ years of experience analyzing business and personal financial statements associated with loan requests
2+ years of experience mentoring or training credit underwriters
2+ years of experience making credit decisions on transactions > $5 million
2+ years of experience working with internal auditors and loan review personnel in a bank setting

Nice To Haves

Advanced degree in a business-related field from an accredited institution (MBA, MRED, MSF, MACC, etc.) or advanced education in banking through a bankers association or banking school
Completion of a formal commercial credit training program
10+ years of experience working in Credit or Risk at an FDIC insured institution
Experience working out problem loans
Familiarity with a broad array of loan types such as commercial real estate, equipment leasing, syndicated loans, consumer loans, and private credit
Expertise in reviewing commercial real estate appraisal reports and commercial real estate environmental reports

Responsibilities

Assist with ensuring a consistent credit culture while collaborating with the Chief Credit Officer, Deputy Chief Credit Officer, Director of Credit Administration, Director of Credit, Underwriters, and Portfolio Managers
Review and approve periodic loan reviews for accuracy, completeness and quality control with a focus on credit policy compliance and risk rating consistency
Assist with preparation and presentation of materials for Credit Committee meetings
Identify, evaluate, and implement efficiencies within the credit and credit operations processes
Mentor, train, and coach credit department personnel to ensure a consistent credit culture and development of team members
Assist with stress testing of the loan portfolio
Assist in monitoring the portfolio to ensure satisfactory credit quality
Assist in formulation and upkeep of credit policies and procedures
Maintain current and relevant knowledge of regulations and ensure adherence to regulatory guidance and federal/state laws
Help render and communicate decisions that most effectively mitigate credit risk
Develop and maintain positive relationships with internal and external clients