Credit Products Officer II (Hybrid-Dallas, TX)

BankUnited, Inc.•Dallas, TX

5h•Hybrid

About The Position

A Credit Products Officer II specializes in Commercial Real Estate (CRE) loan requests and prepares complete, accurate, and timely credit analyses that meet internal business partner needs, customer expectations, regulatory requirements, and industry practices. The role provides an unbiased, objective assessment of prospective borrowers and thoroughly discloses identified risks. It also monitors and maintains a portfolio while supporting one or more Relationship Managers. The position handles pre-screening and underwriting, including risk ratings, financial analysis of borrowers and guarantors, due diligence, risk identification and mitigation, credit structuring, preparation of approval memoranda, and assembly of approval packages. It supports credit approval and documentation processes and completes post-approval activities. Portfolio management duties include collecting and reviewing financial information and covenant compliance, property inspections where applicable, processing draw and extension requests, conducting ongoing credit reviews, monitoring risk ratings and early warning signs, researching industry trends, identifying cross-sale opportunities, underwriting ACH exposure, maintaining credit files, and servicing customers as a secondary officer. The role also contributes to improvements in 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 another acceptable alternative field.
7–9 years of credit experience.
Good accounting skills developed through formal undergraduate coursework through intermediate accounting or acceptable alternative means such as AIB.

Nice To Haves

Candidates residing within BankUnited's footprint may be given preference.

Responsibilities

Confirm Industry Risk Ratings and hold limits, determine Borrower's Risk Ratings, and prepare CRE financial spreads using Excel-based sizing templates.
Work with Relationship Managers to obtain information needed to underwrite credit requests and prepare the financial portion of pre-approval memoranda.
Determine due diligence requirements, prepare requests for due diligence items, and forward them for ordering.
Analyze borrower and guarantor financial information, including financial statements, tax returns, aging schedules, real-estate-owned schedules, and liquidity statements.
Obtain and analyze third-party reports and include relevant findings in the credit analysis.
Identify and mitigate risks with the Relationship Manager and disclose them in the credit approval memorandum.
Collaborate with the Relationship Manager on credit structuring and complete borrower, guarantor, and facility risk-rating models and analyses.
Draft credit approval narratives in MS Word, enter deals into e-CAM, assemble complete approval packages, and review them with Relationship Managers and Line Management.
Deliver approval packages to the appropriate credit product or credit officers and ensure approvals are properly documented.
Finalize approved credit packages, forward them to Loan Closing Officers, review loan documents for consistency with approvals, maintain credit files, and draft post-approval modification memoranda when needed.
Collect and review customer financial statements, covenant compliance information, 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 periodic credit reviews, prepare monthly Watch List comments and quarterly Criticized Loan Asset Reports where applicable, and conduct quarterly portfolio reviews on selected credits.
Monitor portfolio performance for early warning signs and assess credit risk ratings on an ongoing basis.
Research industries and concepts, identify trends, and 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 key client financial records and documentation.
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 underwriting and portfolio-management practices and tools, and collaborate with cross-functional teams to develop, test, and deploy improvements.
Comply with applicable federal and state laws, regulations, guidance, and Bank policies and procedures; complete required training; and identify and report suspicious activity.