Senior Credit Officer Team Lead

Citizens Business Bank•Orange, CA

40d•$127,475 - $184,838

About The Position

The Senior Credit Officer Team Lead plays a critical role in the management and coordination of overall credit workflow within the assigned region. The Team Lead is primarily responsible for supervising and training a team of Credit Officers that support the underwriting activities within the region. He/she will work closely with Regional Credit Administrators and the Regional Vice President to establish regional priorities, manage workflow and overall credit quality, and evaluate the financial needs of prospective and existing commercial middle market customers. The Team Lead must effectively manage deal flow and underwriting resources to produce consistent and timely responses within defined turn-around times pursuant to the Bank’s Service Level Agreement, and always conduct their activities within the spirit of the Bank’s Sales-Credit Partnership. The role requires leadership, professionalism, and excellent collaborative, management and communication skills. In addition, the Team Lead is a player-coach and, as needed, prepares credit memos and obtains Bank approval to provide the recommended loan products and services. Performs due diligence and ensures appropriate loan monitoring and compliance is conducted with established borrowing relationships within the region. The Team Lead may also be required to meet with prospective or existing clients and is expected to provide exemplary service to ensure customer satisfaction.

Requirements

Bachelor’s degree (B.A.), preferably in accounting or finance from a four-year college or university; with more than ten years of related experience and/or training; or equivalent combination of education and experience.
Ability to read, analyze, and interpret financial statements, accounting papers, income tax returns, bank policies, general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write comprehensive and logical reports, business correspondence, and procedure manuals utilizing computerized word processing and spreadsheet programs.
Ability to effectively communicate orally and in writing, present information and respond to questions from groups of managers, clients, customers and the general public.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, net present values, and volume.
Ability to apply concepts of basic algebra, geometry and statistics.
Ability to spread financial statements, analyze credit requests, analyze income tax returns, personal financial statements, balance sheets, income statements and statements of cash flow. Ability to model the financial effects of various debt restructuring scenarios and to produce financial projections.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to deal with problems involving several concrete variables in standardized situations.
Ability to solve practical problems and manage a variety of concrete variables in situations where only limited standardization exists. Ability to interpret and execute a variety of instructions furnished in written, oral, diagram, or schedule form.
Ability to use personal computer and utilize standard business and spreadsheet software, including MS Word, Excel & Moody’s.
Possess good organizational skills and flexibility to allow for coordination and prioritization of workload.
Ability to perform other duties as requested.

Nice To Haves

Use of ITI Navigator, Director, RPM and Advisor preferred.

Responsibilities

Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
Analyzes financial statements and pertinent information for credit worthiness of more complex businesses. Spreads financial statements on computerized spread sheets and analyzes the results. Evaluates historical and forecasted cash flow for proposed debt serviceability. Determines appropriate level of analysis and deals structure. Evaluates collateral for appropriate advance rates, value stability and ease of liquidity. Identifies risk issues and how to mitigate them. Makes recommendations regarding specific products and services to be offered, if any, and credit approval or disapproval. Identifies exit strategy.
Ensures that credit requests adhere to Bank policy, and that any exceptions to Credit Policy are clearly identified and mitigated.
Assists Relationship Managers to obtain Bank approval of products and services to be provided to prospective customers. Obtains input from the Relationship Manager and independently prepares Credit Memos as required per Bank policy for new extensions and renewals. Prepares memos that convey a thorough understanding of the credit worthiness of the applicant and the primary and secondary source of repayment. Structures credit terms and conditions in a manner that adheres to sound lending practices and minimizes the risk to the Bank while meeting each customer's credit requirements. Proactively manages annual credit line expirations and renewals.
Other duties as may be assigned from time-to-time by the Deputy CCO.
Analyzes financial information, checks for debt servicing capabilities and reports adverse trends. Prepares problem loan reports as required.
Maintains or causes regional associates to maintain borrower credit files in accordance with Bank policies. Periodically, verifies regional covenant compliance, maintains and reviews assigned reports and tracking systems, and prepares necessary documents and regional correspondence.
Coordinates with Relationship Managers, Managers and Credit Administrators on loan closings and on-going credit management. Assists others within the region to proactively manage renewals. Sets up Tickler and maintains current updates. Actively tracks financial compliance. Initiates process improvements. Reports issues and loan violations to Credit Administrator in a timely manner. Prepares production and pipeline status report.
Complies with all bank loan policies, procedures and administrative memos and shares the responsibility with the Relationship Manager to ensure a successful internal credit audit.
Supports Bank compliance efforts by completing compliance and other technical training workshops as assigned, and on a timely basis, and ensuring that staff members attend/complete compliance training in a timely manner. Reads periodicals and attends external webinars/workshops to maintain an above average expertise of the trends in banking products, various delivery channels, regulatory, operational and compliance.
Adheres to Bank policies and procedures and complies with all State and Federal Banking Regulatory requirements, including but not limited to FEAR Act, Red Flags, Customer Right to Privacy, Reg D, Reg DD, Truth in Savings, BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse, Sarbanes-Oxley Act, USA Patriot Act, Sexual Harassment, Information Security and Privacy, as well as employment law and wage and hour regulations as they pertain to this position.
Ensures that the identification of Suspicious Activity or ID theft-related issues are appropriately reported and/or the completion of all other required BSN Compliance forms are prepared timely and accurately.
Establishes and maintains an excellent rapport with all assigned Bank customers, including those with complex financial requirements. Makes joint retention calls with the Relationship Manager and other members of senior management.
Supervises a team of Credit Officers. Carries out supervisory responsibilities in accordance with the organization's polices and applicable laws. Responsibilities include: interviewing, hiring, and training employees; planning, assigning, and directing workflow; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.