Commercial Credit Officer, Fund and Sponsor Banking

3 days ago


New York, New York, United States Grasshopper Bank Full time
Job Title: Commercial Credit Officer, Fund and Sponsor BankingAbout the Role

We are seeking a highly skilled Commercial Credit Officer to join our Fund and Sponsor Banking team. As a key member of our team, you will be responsible for managing the day-to-day underwriting and credit processes for our Fund and Sponsor Banking line of business.

Key Responsibilities
  • Interface with the Chief Risk Officer and Credit Administrator to ensure Fund and Sponsor Banking loan quality and risk rating goals are met.
  • Meet compliance targets for annual reviews, risk ratings, covenant compliance, and collateral monitoring.
  • Approve credit requests based on delegated approval authority granted.
  • Build and coach a strong portfolio management and underwriting team.
  • Interface with the executive team and finance to ensure budgeting and expense control goals are set and properly met.
Requirements
  • Bachelor's degree (B.A.) plus additional lending, compliance, and audit-related training.
  • Minimum 8-10 years' experience in bank lending, underwriting, loan review, and/or compliance experience or equivalent education in bank lending, loan review/compliance procedures, and policies.
  • Senior-level experience in all facets of commercial lending with emphasis in Fund and Sponsor Banking required.
About Grasshopper Bank

Grasshopper Bank is a client-first, digital bank built for the business and innovation economy. We pride ourselves on diversity of thought and perspective, and our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.

We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.



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