Credit Team Lead

CENTRAL BANCOMPANY, INC.•Greenwood Village, CO

2d•$98,483

About The Position

Responsible for managing a group of credit analysts. Implementation of credit policies and procedures as well as the coordination of credit administration activities for a portfolio of loans. This individual will ensure that loan and collateral is adequate and that ongoing credit review activities are completed. Working with a group of credit analysts, they will review their work to validate accuracy and completeness and ensure their analytical work is consistent with credit policies. Identify potential credit/risk concern to bank. Monitor credit quality of existing portfolio. Determine the creditworthiness of potential borrowers, with the goal of minimizing risk. Also responsible for conducting relationships and activates consistent with established Bank policies, procedures and systems, the corporate code of conduct, Bank Secrecy Act and all applicable State and Federal laws and regulations.

Requirements

Bachelor’s degree in business or an equivalent degree program.
Minimum of 7 years prior credit analysis experience in a commercial loan setting.
Minimum of 5 years of direct Credit Analyst Management experience.
Knowledge of current bank lending procedures and policies, lending regulations (state and federal), lien laws, collection/bankruptcy regulations, and loan documentation preferred.
Ability to gather and organize supporting loan documentation for underwriting.
Ability to independently and accurately spread and evaluate personal and commercial financial statements including balance sheets, income statements, statements of cash flow, and tax returns.
Ability to communicate directly with Central Bank lending staff and customers to obtain credit information for underwriting.
Prepare comprehensive loan memorandums detailing loan requests and credit quality for presentations and approval.
Independently underwrite and risk-rate CRE and C&I loans with no maximum ceiling.
Maintain effective relationships with lending staff, Senior Lenders, and Chief Credit Officer; promote teamwork within the department.
Ensure procedures and credit requests comply with Central Bank loan policy.
Successful completion of internal and external training as required.
Participate in and identify external training modules a minimum of twice per year; lead post-training group debriefs.
Prepare administrative reports and assist commercial lending staff as needed.
Stay updated on industry trends, economic indicators, and regulatory changes impacting credit risk.
Create and use advanced equations in Excel.
Monitor and manage credit exposure of existing borrowers, conduct periodic risk assessments, prepare annual reviews, and monitor credit files.

Nice To Haves

Knowledge of current bank lending procedures and policies, lending regulations (state and federal), lien laws, collection/bankruptcy regulations, and loan documentation preferred.

Responsibilities

Manage, coach, train, and mentor the Credit Analyst team.
Measure Credit Analyst performance and provide ongoing training.
Maintain and recommend changes to credit policy.
Assist in underwriting complex credit requests and annual reviews.
Monitor annual review progress and review Analysts’ work for accuracy.
Maintain the credit department organizational structure.
Monitor credit processes for consistency and analytical quality.
Lead weekly lending POD meetings.
Provide performance reviews with input from Chief Credit Officer or lending officers.
Ensure strong knowledge of compliance and regulatory issues related to loan policy and procedures.
Demonstrate professionalism, efficiency, and strong customer service.
Understand and communicate the Bank’s services, operations, and organization to others when appropriate.