SVP/Credit Officer III

Bell Bank•Maple Grove, MN

About The Position

The SVP – Credit Officer’s primary responsibility is to provide strategic leadership for the Department’s credit and operational activities. This includes establishing credit policy, creating credit processes, portfolio management, and ongoing oversight of collateral analysis, security perfection and collections. This position will also analyze and make credit decisions or recommendations for equipment loan and lease transactions ranging from $50k to $5MM+ that originate from vendor, direct and indirect channels. This person may also have supervisory and training responsibilities for junior analysts.

Requirements

BA or BS degree in accounting, finance, or related field, MBA preferred.
Minimum ten years of commercial credit underwriting experience, preferably in the equipment finance sector.
Experience with credit scorecard risk modeling in a vendor finance environment.
Working knowledge of equipment finance documentation, including security perfection.
Collateral analysis experience across many industries, including ag, construction, transportation, manufacturing and healthcare.
Strong leadership skills.
Professional written and communication skills.
Ability to deal with multiple tasks and deadlines.
Effective time management and organizational skills.

Responsibilities

Oversee the establishment of credit policy for the organization.
Evaluate the creditworthiness of end user customers as well as the partner vendors and investors.
Assist in the build-out of the operating system platform.
Develop relationships with key customers, vendors, investors and internal stakeholders.
Assist the sales team in the pre-qualification of new opportunities.
Interface with customers, partners and sales to obtain required financial information and resolve any credit related issues.
Organize and manage the renewal of credit lines, portfolio ratings and annual reviews.
Track and communicate key industry data and economic influencers to the broader organization.
Oversee the management of workouts and restructuring of accounts.
Assist in the development of report creation that thoroughly monitor the portfolio and credit processes.
Ensure compliance with appropriate regulatory requirements.
Conduct business that upholds a high level of ethical standard.
Know by name and face as many customers and employees as possible, calling them by name as often as possible.
Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
Know, understand, and live the company values and bottom line.
Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
Prompt and reliable attendance.
Perform other duties as assigned.