Regional Credit Approval Officer

About the position

As a Regional Credit Approval Officer, you will be responsible for assessing and managing the credit risk of commercial real estate lending transactions, working closely and collaboratively with Relationship Managers, Portfolio Managers, and all other stakeholders to ensure that credit decisions comply with bank policies, procedures, our Risk Appetite Statements and applicable industry rules and regulations. Depending upon background, skills, and interests, possibility for future credit approval coverage of select portions of Asset Based Finance, Mortgage Warehouse Lending, and/or Equipment Finance.

Responsibilities

• Serve as a trusted advisor to the assigned Commercial Real Estate market(s) to which you are assigned, likely including a portion of Middle Market CRE
• Use professional experience and expertise to prudently evaluate creditworthiness of borrowers and assess collateral/credit adequacy at all stages of a loan from initial review and consideration to approval to on-going administration
• Provide constructive and proactive feedback and recommendations to the supported Commercial Real Estate teams to improve transaction structuring, analysis, and administration to mitigate risk and improve credit quality
• Develop and maintain strong knowledge of the assigned loan portfolios and conduct periodic portfolio reviews to identify potential risks, ensure accurate risk rating, and ensure compliance with loan covenants. Immediately elevate concerns and deteriorating credits to the assigned Senior Credit Approval Officer
• Become an expert on applicable bank policies and procedures, proactively recommending suitable enhancements and revisions

Requirements

• Bachelor's or advanced degree, or equivalent work experience
• Typically more than 12 years of applicable experience

Nice-to-haves

• Bachelor's or advanced degree in business, finance, real estate, accounting or related field
• Typically 12+ years commercial real estate lending experience, ideally at a regional, super-regional, or money-center bank; prior credit approval experience strongly preferred
• In-depth knowledge of commercial real estate product types and market trends
• Refined experience with financial analysis and credit risk assessment
• Excellent written and verbal communication skills
• Strong attention to detail and ability to work independently
• Ability to multitask and prioritize in a fast-paced environment
• Desire to grow and potentially work on multiple portfolios simultaneously
• Willingness to travel to conduct property inspections and meet with customers and prospects
• Proficient computer skills including Microsoft Office applications

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law