Credit Officer - AVP
About The Position
The AVP Credit Officer is a seasoned professional role that applies in-depth disciplinary knowledge and judgment to mitigate risk and operate within established guidelines. The role collaborates closely with Operations, providing specialized credit and project review expertise that supports sound decision-making throughout the loan lifecycle. The position requires a strong understanding of how individual areas integrate within the broader sub-function and contributes to the objectives of the function and overall business. It evaluates complex and variable issues with potentially significant impact, requiring the ability to assess multiple sources of information, weigh alternatives, and balance competing considerations. Strong analytical skills are essential to evaluate, prioritize, and validate complex and evolving information and determine appropriate courses of action. Effective communication, collaboration, and diplomacy skills are also required.
Requirements
- Minimum of 4–6 years of mortgage industry experience.
- Ability to apply credit knowledge, analytical judgment, and established guidelines to evaluate project eligibility and identify potential risk.
- Strong problem-solving and critical-thinking skills, including the ability to evaluate alternatives, articulate the rationale behind decisions, and appropriately prioritize responsibilities.
- Strong written and verbal communication and interpersonal skills, with the ability to communicate clearly and collaborate effectively with business partners and stakeholders.
- Proficiency with Microsoft Office applications, including PowerPoint, Access, and Excel.
- Demonstrated ability to maintain a high degree of accuracy and attention to detail while effectively managing multiple priorities and deadlines.
- Bachelor’s/University degree or equivalent experience.
Nice To Haves
- Credit underwriting and/or processing experience preferred.
- Condo/Co-op project review knowledge is a plus.
Responsibilities
- Serve as a Condo/Co-op Project Review Analyst in the project approval process, applying sound credit judgment and established eligibility requirements.
- Participate in the development, implementation, and ongoing support of Condo/Co-op initiatives.
- Conduct financial analysis and develop position papers and recommendations as needed.
- Review and analyze condominium and co-op documentation to determine project eligibility and salability.
- Provide technical expertise, guidance, and support to business partners across all channels regarding Condo/Co-op project approvals and requirements.
- Partner with Operations and other key stakeholders to support effective execution throughout the loan lifecycle and address project-related issues as they arise.
- Maintain accurate records and databases of reviewed projects and associated decisions.
- Participate in special projects and other business initiatives as needed.
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- 401(k)
- Life insurance
- Accident insurance
- Disability insurance
- Wellness programs
- Paid time off, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
- Discretionary and formulaic incentive and retention awards may be available for eligible employees
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
