Credit Officer

S&T Bank

3d•$75,000 - $184,800

About The Position

Function: Manages the credit process consistent with Corporate and Credit Policy and establishes underwriting guidelines to serve as a central point in deciding credit exposure for new and existing relationships within an assigned credit profile and vertical (CRE or C&I). Duties and Responsibilities: Reviews, underwrites and makes decisions on loan requests within stated lending authority; involve next higher level authority level when deal size or complexity warrants. New Credit Authority: Up to $5.0MM or in accordance with the Delegated Credit Authority Grid Maintains credit quality standards for the assigned adhering to Corporate Policies and the bank’s credit culture. Responds promptly to credit requests to determine feasibility and nature of analysis to be conducted. Assumes responsibility for coaching, mentoring, training and guidelines to underwriters and assigned deal teams. Supports assigned deal teams in the structuring and delivering of credit products to meet client needs. Works with commercial bankers and underwriters to manage the analysis and documentation to produce a focused, concise underwriting package. Follow deal from initial request through final documentation. Ensures compliance with credit policy and appropriate reporting. Ensures strong credit culture as well as an effective and efficient approval process. Balances a strong asset quality focus while supporting a strong business development plan. Acts as a highly visible customer contact working as a member of the vertical management team in relationship banking model. Understands, underwrites and manages the portfolio in accordance with the regional and corporate risk profile. Identifies critical issues and propose alternative structures and financing solutions. Meets with client or prospect to clear any conditions of approval or unresolved issues. Call activity would promote new business due diligence, selling the client and addressing deteriorating situations. Demonstrates credit judgment, size and scope of assigned credit portfolio to determine level of credit risk exposure that will be assigned on any given relationship. Discusses changes with the commercial banker to resolve any conflicts between the client’s needs and the bank’s structure as needed. In collaboration with the Senior Credit Officer, establishes and executes monthly and quarterly reporting of vertical portfolio metrics concentrating on credit risk management. In collaboration with the Senior Credit Officer, helps model, project and track actual versus potential charge-offs, NPL’s, criticized and classified assets and overall credit quality of the assigned vertical for performance measurement. Provides technical advice and assistance to relationship managers in the evaluations and structuring or restructuring of commercial credits within the portfolio. Ensures satisfaction of compliance and regulatory related issues. Makes recommendations for loans going to senior level loan committee. Develops and recommends plans for expansion of existing programs, operations or credit related activities. Participates and reviews all criticized and classified assets as assigned and participates in the quarterly Criticized Asset meeting. Participates in Senior Loan Committee. Prepares presentations and participates in management or committee meetings as needed. Solicits, with vertical management, new business opportunities and participates in community or other services/activities. Maintains a good working relationship with all bank employees. Demonstrates the ability to work independently. Works as a team player to contribute to the success of the department and in turn the organization. Assumes additional duties and responsibilities as assigned.

Requirements

Requires a four-year degree or equivalent.
More than ten years general experience, five to ten years of specialized experience preferred in Commercial Banking, Credit Underwriting.

Responsibilities

Reviews, underwrites and makes decisions on loan requests within stated lending authority
Maintains credit quality standards for the assigned adhering to Corporate Policies and the bank’s credit culture.
Responds promptly to credit requests to determine feasibility and nature of analysis to be conducted.
Assumes responsibility for coaching, mentoring, training and guidelines to underwriters and assigned deal teams.
Supports assigned deal teams in the structuring and delivering of credit products to meet client needs.
Works with commercial bankers and underwriters to manage the analysis and documentation to produce a focused, concise underwriting package.
Follow deal from initial request through final documentation.
Ensures compliance with credit policy and appropriate reporting.
Ensures strong credit culture as well as an effective and efficient approval process.
Balances a strong asset quality focus while supporting a strong business development plan.
Acts as a highly visible customer contact working as a member of the vertical management team in relationship banking model.
Understands, underwrites and manages the portfolio in accordance with the regional and corporate risk profile.
Identifies critical issues and propose alternative structures and financing solutions.
Meets with client or prospect to clear any conditions of approval or unresolved issues.
Demonstrates credit judgment, size and scope of assigned credit portfolio to determine level of credit risk exposure that will be assigned on any given relationship.
Discusses changes with the commercial banker to resolve any conflicts between the client’s needs and the bank’s structure as needed.
In collaboration with the Senior Credit Officer, establishes and executes monthly and quarterly reporting of vertical portfolio metrics concentrating on credit risk management.
In collaboration with the Senior Credit Officer, helps model, project and track actual versus potential charge-offs, NPL’s, criticized and classified assets and overall credit quality of the assigned vertical for performance measurement.
Provides technical advice and assistance to relationship managers in the evaluations and structuring or restructuring of commercial credits within the portfolio.
Ensures satisfaction of compliance and regulatory related issues.
Makes recommendations for loans going to senior level loan committee.
Develops and recommends plans for expansion of existing programs, operations or credit related activities.
Participates and reviews all criticized and classified assets as assigned and participates in the quarterly Criticized Asset meeting.
Participates in Senior Loan Committee.
Prepares presentations and participates in management or committee meetings as needed.
Solicits, with vertical management, new business opportunities and participates in community or other services/activities.
Maintains a good working relationship with all bank employees.
Demonstrates the ability to work independently.
Works as a team player to contribute to the success of the department and in turn the organization.
Assumes additional duties and responsibilities as assigned.