OPX Sr. Credit Products Officer

BankUnited, Inc.•Miami Lakes, FL

11d

About The Position

A Credit Products Officer (CPO) role specializes in reviewing and underwriting either Corporate and Industrial (C&I) or Commercial Real Estate (CRE) loan requests. This position is responsible for preparing complete and accurate credit analyses in a timely manner that meets or exceeds internal business partners' needs, customer expectations, regulatory requirements and leading industry practices. Accountability is required for protecting the Bank by providing an unbiased and objective view of the prospective borrower and thoroughly disclosing all identified risks. This position may also be responsible for the monitoring and ongoing maintenance of a portfolio, while supporting one or more Relationship Managers in this endeavor.

Requirements

5+ years of commercial credit underwriting experience required
Accounting skills through formal education, AIB, or prior work experience.

Nice To Haves

Additional experience in SBA lending preferred
Formal credit training preferred

Responsibilities

Determine financial information requirements and work with the Relationship Manager to obtain all necessary information to underwrite the credit request.
Prepare spreads within Moody's Credit Lens and other spreading tools and templates utilized by the Bank.
Review and analyze borrower financial information including corporate financial statements, tax returns, and accounts payable and accounts receivable aging to determine borrower financial condition and develop cash flow analysis.
Review and analyze personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine financial strength of guarantor.
Review new applications for completeness, proper loan structure, and adequate collateral, and condition the loan accordingly.
Obtain all 3rd party reports and include findings in analysis of financial condition of borrower or guarantor.
Underwrite ACH exposure for borrowing and non-borrowing clients.
Identify and mitigate all risks and disclose in the credit approval memorandum.
Structure credit requests that serve the best interest of the customer and bank.
Complete all required risk rating models and analyses.
Complete Credit Approval Memorandum within the Loan Origination System, ensuring the approval package is complete and all supporting schedules/documents are uploaded.
Complete Portfolio Management Activities as required for new money requests to existing Bank clients.
Deliver approval package to the appropriate Credit Officer.
Ensure all credit approvals and associated documents are obtained and properly documented within the Loan Origination System.
Prepare detailed Commitment Letters or Notices of Conditional Approval to communicate credit decisions to clients.
Review and clear closing conditions, seeking approval by a Credit Officer.
Finalize Credit Approval Package for Closing, ensuring loan record is complete and forward to the Loan Closing Department.
Prepare Change Memo to document material and immaterial changes to the approved credit package, as needed.
Collect and review financial statements and covenant compliance and borrowing base worksheets from corporate customers.
Assist the Loan Officer in reviewing draw requests associated with guidance lines of credit for equipment purchases.
Complete annual reviews as required on corporate lending relationships, confirming an electronic back-up of client's key financial records and documentation is maintained within the bank's systems of record.
Prepare quarterly Criticized Asset Reports where applicable.
Seek out early warning signs of deteriorating credit trends and make ongoing assessments relative to credit risk ratings.
Identify and communicate cross-sale opportunities to Loan Officers during review of updated annual financial information.
Participate in credit related calls with existing and prospective borrowers.
Identify opportunities for continuous improvement in underwriting/portfolio management practices and tools.
Work with cross-functional teams to develop, test, and deploy underwriting/portfolio management leading practices/tools.
Perform and participate in projects and assignments as required by management.
Assist management in the mentoring and training of junior CPO's.
Adhere to and comply with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
Adhere to Bank policies and procedures and complete required training.
Identify and report suspicious activity.