Credit Officer

Camden National Bank • Augusta, ME

6d • $78,550 - $116,800 • Hybrid

About The Position

The Credit Officer position provides an opportunity to work independently in your choice of geographic locations in Maine or New Hampshire, but with the support of a close-knit team. You will have the opportunity to make a difference by leading project teams or implementing process improvements. In addition, Credit Officers at the bank are responsible for coaching and mentoring junior analysts and trainees. Top performers have the ability to obtain commercial loan approval authority and are encouraged to develop a career path that supports both professional and bank goals.

Requirements

• Equivalent to a four-year college degree.
• Competency in financial accounting.
• Minimum five years related work experience.
• Strong written and oral communication skills, including the ability to translate complicated financial metrics into a concise assessment of risk
• Interpersonal skills, such as coaching, mentoring and negotiating
• Ability to work independently with minimal guidance
• Ability to solve complex issues with minimal guidance
• Ability to work effectively at a fast pace with competing interests and due dates

Nice To Haves

• College degree in Business Administration or a related field

Responsibilities

• Using the Bank’s loan origination system, spread and thoroughly analyze financial statements and supporting documentation on new commercial and commercial real estate loans.
• Where applicable, utilize automated decision-making functions within the loan origination system to assess risk and decision loan requests.
• Prepare Commercial Offering Memoranda using the loan origination system, Excel spread sheets and Word documents, to support the loan decision-making process.
• Periodically review and analyze updated financial statements and supporting documentation to confirm the risk rating on existing commercial and commercial real estate loans.
• Discuss perceived credit weaknesses or potential credit problems with the Lender, other Credit Officers or Director of Credit Administration.
• Make risk rating recommendations as appropriate.
• Remain well-informed and up-to-date on regulatory guidelines and Bank policies.
• Assist in training of other members of the Credit Department or business line partners.
• Maintain open communication channels between Credit, Lenders and Management by updating workflows and generating pipeline reports, using these tools to maintain transparency throughout the underwriting process.
• When appropriate, accompany Lenders to meet with customers and prospects.
• As required participate in, or lead, a commercial credit-related project.
• Develop expertise in specialty areas of commercial credit analysis and provide guidance to other analysts in these areas.

Benefits

• Robust medical, dental, and vision insurance packages
• Generous time off, including paid federal holidays and paid day off for your birthday
• 401(k) retirement savings plan
• Tuition reimbursement, professional development, and career growth opportunities
• Employee assistance program
• Comprehensive wellness program

What This Job Offers

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