Senior Credit Officer - Agribusiness

First Citizens Bank • Raleigh, NC

2d • $85,000 - $115,000 • Remote

About The Position

This is a remote role that may be hired in several markets across the United States.
This position underwrites and evaluates complex business loan requests for the Credit Administration function of the Bank. Reviews small business or agricultural production business loan applications within established credit policies and procedures. Identifies and structures credit grades as a result of application review. May complete spreads and other necessary documentation to aid in the analysis of credit relationships. Provides support to field lending associates on credit policy and loan structuring through knowledge of credit policy, loan processes, and underwriting techniques. May act in a leadership role to less experienced associates in the work group or assist management with special projects.

Requirements

• Bachelor's Degree and 4 years of experience in Business credit analysis, or Lending, or Underwriting, or SBA OR High School Diploma or GED and 8 years of experience in Business credit analysis, or Lending, or Underwriting, or SBA

Nice To Haves

• Knowledge of accounting and finance principles
• Knowledge of current Banking laws and regulations, loan documentation, and Bank policy
• Knowledge of Agribusiness credit analysis, Agricultural lending, and Agricultural underwriting experience.
• Credit approval experience in commercial/agricultural domain.

Responsibilities

• Underwriting - Underwrites and evaluates business requests for either agricultural production businesses or small businesses, including complex, large, or nonstandard requests. Sources and reviews financial statements to aid in credit evaluation, ensuring the validity of the financial information used, and may create data spreads. Structures workout credits including credit grade downgrades, and provides guidance or explanation behind grade structuring. Renders decisions based on sound credit judgement, updating requests accordingly in department systems or databases.
• Business Support - Supports field lending associates by providing feedback on credit decisions and requests. Answers questions and concerns regarding the status of applications, loan structuring, credit policy, and other matters related to business lending. Follows up on pending applications to ensure the timely disposition of all loan requests. Assists with special projects as requested and may serve as a backup for team supervisor.
• Loan Proficiency - Maintains current knowledge of changes in bank credit policy, industry and economic trends, and underwriting techniques. Underwrites business loans in accordance with all required policies and regulations. Identifies loan requests pertaining to special loan programs and takes action appropriately. Identifies missing data and potential issues within loan requests. Provides guidance to less experienced associates in the work group and handles escalated loan requests.
• Loan Administration - May administer government guaranty loan programs, which include the preparation and submission of loan packages and subsequent review of subject documents.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees