Loan Credit Specialist 3

Hancock Whitney•New Orleans, LA

About The Position

Loan Credit Specialists review, renew, monitor, and decision Commercial, Private Banking, and Community Banking commercial and industrial (C&I) and commercial real estate loan applications in a centralized environment. They handle credits up to their assigned loan authority using judgmental credit analysis and underwriting, and may recommend approval terms and structures for loans exceeding that authority. The role also supports Relationship Managers, administrators, and the document analysis center (DAC) in communicating loan decisions. The position analyzes applicants’ financial statements and tax returns, assesses cash flow and repayment ability, evaluates loan structure and collateral, and makes or recommends credit decisions in accordance with applicable policies and procedures. It may involve identifying alternative financing, restructuring or renegotiating terms, mentoring lower-level Loan Credit Specialists, and helping the DAC interpret due diligence conditions and exception items. The position has no supervisory responsibilities.

Requirements

Bachelor’s degree required, preferably in accounting, finance, or economics.
Five years of credit analysis and/or loan review experience required, preferably in the banking industry.
A combination of education, experience, and training may be considered.
Attention to detail and excellent verbal, written communication, and organizational skills.
Proficiency with Microsoft Office applications; intermediate Excel and Word skills required.
Ability to work under stress and meet deadlines.
Ability to operate related equipment and read and interpret documents as required to perform essential job functions.
Ability to lift, move, or carry approximately 10 pounds if required to perform essential job functions, subject to accommodation as described in the posting.

Nice To Haves

Knowledge of and familiarity with deposit and loan accounting systems.
Credit analysis or loan review experience in the banking industry.
Degree in accounting, finance, or economics.

Responsibilities

Make loan decisions and credit recommendations based on underwriting criteria, including loan structure, collateral, interest rate, and fees, within assigned authority.
Recommend loan approval terms, conditions, and structures for requests that exceed assigned authority.
Review financial statements and tax returns; assess project cash flow, income potential, debt service obligations, global cash flow, and borrowers’ ability to repay.
Identify due diligence conditions required for approval, applying local knowledge of the borrower’s commercial real estate market.
Evaluate commercial loan requests using knowledge of credit policies, guidelines, and procedures.
Apply judgmental commercial credit underwriting skills to make decisions within assigned authority.
Summarize and adjudicate final credit decisions within credit authority in a credit processing system for management monitoring and review.
Refer and recommend loans above approval limits to a Senior Loan Credit Specialist or Team Leader.
Meet unit productivity goals in a dynamic production environment and make accurate decisions within specified limits.
Apply credit scoring and risk management concepts.
Communicate and interact effectively with management, Commercial and Community Bankers, Team Leaders, Segment Leadership, and related departments.
Seek alternative financing or counteroffers when an original request cannot be accommodated; restructure, up-sell when appropriate, or renegotiate terms for existing customers as needed.
Mentor lower-level Loan Credit Specialists.
Assist the document analysis center with clarification of due diligence or other loan conditions and interpretation of due diligence exceptions, appraisals, surveys, and environmental assessments.
Travel if required to perform essential job functions.