Credit Products Officer II

BankUnited, Inc.•Miami Lakes, FL

About The Position

A Credit Products Officer specializes in either Corporate and Industrial (C&I) or Commercial Real Estate (CRE) loan requests. The role prepares complete and accurate credit analyses in a timely manner to meet internal business partners’ needs, customer expectations, regulatory requirements, and leading industry practices. The officer protects the Bank by providing an unbiased, objective assessment of prospective borrowers and thoroughly disclosing identified risks. The position also monitors and maintains a portfolio while supporting one or more Relationship Managers. The role handles pre-screening, underwriting, approval, post-approval, and portfolio-management activities. It analyzes borrower and guarantor financial information, evaluates risks, supports credit structuring and approval, maintains credit files and loan documentation, and services corporate customers. The officer also contributes to the development and improvement of underwriting and portfolio-management practices and tools, complies with applicable laws and Bank policies, completes required training, and reports suspicious activity.

Requirements

Bachelor’s degree in a business-related field, or an acceptable alternative field.
7–9 years of credit experience.
Good accounting skills developed through formal undergraduate college courses through intermediate accounting, or through acceptable alternative means such as AIB.

Nice To Haves

Candidates residing in locations within BankUnited’s footprint may be given preference.

Responsibilities

Confirm Industry Risk Ratings and hold limits, and determine Borrower Risk Ratings using Bank tools and matrices.
Prepare loan-request spreads using Moody’s Risk Origins for C&I or Excel-based sizing templates for CRE.
Work with Relationship Managers to obtain information needed to underwrite credit requests.
Prepare the financial portion of pre-approval memoranda.
Prepare due-diligence requests and forward them to the Loan Closing Officer for ordering items such as lien, credit, UCC, and OFAC checks.
Analyze borrower financial information, including corporate financial statements, tax returns, and accounts-payable and accounts-receivable aging, to assess financial condition and cash flow.
Analyze guarantor financial information, including personal financial statements, tax returns, real-estate-owned schedules, and liquidity statements.
Obtain and analyze third-party reports and include relevant findings in the borrower or guarantor analysis.
Work with Relationship Managers to identify and mitigate risks and disclose them in credit approval memoranda.
Collaborate with Relationship Managers on credit structures that serve the interests of the customer and the Bank.
Complete required borrower, guarantor, and facility risk-rating models and analyses.
Draft credit approval narratives in MS Word and enter deals into the electronic approval system (e-CAM).
Assemble complete approval packages with supporting schedules and documents, preview them with Relationship Managers and Line Management, and deliver them to the appropriate Credit Products Manager, Senior Credit Products Manager, or Managing Director of Credit Products for affirmation and support.
Assist in delivering approval packages to the appropriate Credit Officer based on required approval authority, and ensure approvals are obtained and documented.
Finalize approved credit packages and forward them to the assigned Loan Closing Officer.
Review loan documents to ensure they accurately reflect credit approvals and organize credit files according to Bank guidelines.
Draft post-approval modification memoranda to document material changes to approved credit packages when needed.
Collect and review customer financial statements, covenant compliance, and borrowing-base worksheets.
Conduct applicable property inspections and prepare reports.
Prepare and process extension requests and draw requests under approved GLOCs, conducting MAC checks or incurrence tests when applicable.
Complete annual, semi-annual, or quarterly reviews of corporate lending relationships as required; prepare monthly Watch List comments and quarterly Criticized Loan Asset Reports where applicable.
Monitor portfolios for early warning signs of deteriorating credit trends and assess credit risk ratings on an ongoing basis.
Research industries and concepts and identify trends.
Identify potential cross-sale opportunities, including CRA-eligible credits.
Underwrite ACH exposure for borrowing and non-borrowing clients.
Review credit files annually for accuracy and completeness and maintain electronic backups of clients’ key financial records and documentation.
Conduct ongoing quarterly portfolio reviews on credits of particular interest to the Team Leader and Credit Administration.
Serve as a Secondary Officer for corporate customer credit servicing, including participating in credit-related calls with existing and prospective borrowers.
Identify opportunities to improve corporate underwriting and portfolio-management practices and tools.
Collaborate with cross-functional teams to develop, test, and deploy underwriting and portfolio-management practices and tools.
Comply with applicable federal and state laws, regulations, and guidance, including anti-money-laundering requirements such as the Bank Secrecy Act and US PATRIOT Act.
Follow Bank policies and procedures and complete required training.
Identify and report suspicious activity.