Senior Credit Officer

About the position

Analyzes the current, historical, and projected financial condition and repayment capacity of the bank's largest and most complex borrowers. Prepares clear, substantive, credit reports for loan committee in conformity with bank policies and procedures. Consults with lending or leasing staff and other origination channel contacts on appropriate loan structures. Takes a leadership role in managing the credit origination process from application through final approval, closing, booking, and servicing. Approves or co-sponsors credits within prescribed credit limits. Adds value to account relationships and supports the achievement of profitability and credit quality goals through interactions with staff and customers.

Responsibilities

• Reviews audits, interim statements, projections, and other pertinent financial information to provide analysis of financial trends.
• Identifies strengths and weaknesses of the borrower and evaluates specific risks to the bank.
• Prepares projection models to test loan-structuring alternatives.
• Evaluates validity of the borrower's business plan based on an assessment of the industry outlook, competition, technology, management, and capital structure.
• Provides estimates of company and/or collateral value.
• Prepares and oversees the preparation of credit analyses and credit investigations to ensure the application of a relevant and thorough approach.
• Provides direction and guidance to credit analysts and officers on all credit activities.
• Offers opinions concerning credit-worthiness.
• Oversees the credit approval process.
• Assists with negotiations concerning the packaging of credit arrangements.
• Consults with lending or leasing staff and provides coaching on negotiation strategy, financing approaches, or other specific credit issues.
• Takes a lead role in managing credit administration, account servicing, development, loan structuring, packaging, loan closing, documentation, and monitoring.
• Monitors credit quality of accounts to identify emerging trends and ensure ongoing compliance with covenants.
• Notifies lending, leasing, and/or credit staff of emerging issues as appropriate.
• Assists with internal research and analysis, provides statistical reports, and verifies information.
• Prepares and delivers presentations on topics as assigned.
• Identifies areas for improvement in templates, spreadsheets, programs, systems, and procedures used in credit origination process.
• Proposes possible solutions to problems.
• Develops and utilizes computerized spreadsheets, programs, and other automated tools for credit analysis, special projects, or presentations.
• Approves or recommends credits for approval based on research and analysis completed by credit analysts or officers.
• Maintains expertise in assigned industries or market sectors.
• Keeps abreast of industry trends and competitive environment.

Requirements

• Bachelor's Degree required
• 8 years of credit experience in banking industry required

Benefits

• Careers with a purpose.
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to $10K
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards