Commercial Credit Officer

7 days ago


Piqua, Ohio, United States Popular Full time

About the Role:

We are seeking a highly skilled Commercial Credit Officer to join our team at Popular. As a Commercial Credit Officer, you will be responsible for examining, underwriting, and evaluating loans in various industry segments and larger, more complex transactions.

Key Responsibilities:

  • Analyze and assess applicant financial status, strengths, credit, industry, and property evaluation to determine the feasibility of granting a loan.
  • Prepare financial statements and perform projections and/or proformas as well as sensitivity analysis.
  • Review and assess supporting reports related to the transactions, such as appraisals, environmental, inspections, field audits, plan and cost reviews, etc.
  • Collaborate with Portfolio Manager and Relationship Manager to obtain necessary information and provide feedback on issues and negotiate potential structures and resolutions.
  • Manage multiple deals simultaneously and participate in joint calls with Relationship Manager.
  • Approve loans within specified limits or refer loans to a person with appropriate lending authority for approval.
  • Cross-train other analysts and support prescreening of new deals.

Requirements:

  • Bachelor's degree in Finance, Accounting, Business Administration, or other relevant major from a four-year college or university.
  • Seven to ten years of related experience.


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