Vice President, Credit Administration Director
About The Position
Ambler Savings Bank seeks an experienced Credit Administration Director (“CAD”) responsible for developing, modernizing, and implementing commercial credit policies and procedures in conformity with best industry practices. The CAD will work with the Bank’s commercial lending team to structure complex deals and meet customer expectations. The CAD will serve as the primary quality control point for underwriting and documenting all commercial loans supervising two experienced credit analysts and a documentation specialist. The CAD will Chair the Bank’s Loan Committee and serve on the Bank’s Asset Liability Committee and Allowance for Loan Losses Committee. The CAD will supervise the Bank’s consumer and commercial loan servicing function, managing an experienced department manager.
Requirements
- Experience and expertise in underwriting and managing commercial loans: Owner occupied and non-owner occupied commercial real estate (CRE), Multifamily real estate, Investor-owned residential real estate, Development and construction, Commercial & industrial leveraging non real estate collateral, 504, 7A, and Express SBA programs, Municipal revenue and general obligation
- Familiarity with: Complicated ownership structures involving multiple guarantors, trusts, LLCs, partnerships, Back-to-back interest rate swap derivates, Complex global cashflows derived from multiple sources, Digital underwriting tools to spread and analyze financial data, Sageworks preferred
- Craft credit memorandums with clear and concise conclusions
- Proficient English reading, writing, grammar skills
- Proficient interpersonal relations and communicative skills
- Ability to analyze and interpret financial statements
- Working knowledge of current banking and lending regulations
- General knowledge of features/benefits of loan products and services
- Demonstrate management and supervisory skills
- Strong PC skills, including Microsoft Word and Excel
- Visual and auditory skills
- Detail oriented, strong organizational skills and a high degree of accuracy
- Proven ability to utilize artificial intelligence to automate and/or streamline mundane tasks
- B.S. or B.A. degree in Accounting, Finance, or related field; specialized loan and banking education/training.
- A minimum of ten (10) years’ experience in a related position.
Responsibilities
- Developing, modernizing, and implementing commercial credit policies and procedures
- Work with the Bank’s commercial lending team to structure complex deals and meet customer expectations
- Serve as the primary quality control point for underwriting and documenting all commercial loans
- Supervise two experienced credit analysts and a documentation specialist
- Chair the Bank’s Loan Committee
- Serve on the Bank’s Asset Liability Committee and Allowance for Loan Losses Committee
- Supervise the Bank’s consumer and commercial loan servicing function, managing an experienced department manager
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What This Job Offers
Job Type
Full-time
Career Level
Director
