Credit Review Officer
3 weeks ago
The Credit Review Officer is responsible for providing credit decision makers with in-depth, independent risk analysis and underwriting necessary for making informed credit decisions for both commercial (C&I and CRE) and individual borrowers.
Key Responsibilities- Conduct comprehensive credit analyses for loan requests, including reviewing financial statements, tax returns, credit reports, and other relevant documentation.
- Collaborate with loan officers to clarify borrower details, address potential concerns, and ensure a thorough understanding of each borrower's unique circumstances and make recommendations on appropriate loan structure and terms.
- Prepare detailed underwriting reports that summarize findings and recommendations for senior management and credit committees.
- Collaborate with loan officers and other stakeholders to provide insights and guidance on credit policies and procedures.
- Stay up to date on banking regulations changes, as well as industry trends and economic factors that impact underwriting and risk practices.
- Occasionally join loan officers on calls or site visits with prospects or customers.
- Represent the Bank in various community, civic, and community reinvestment functions to further enhance the Bank's image and develop additional business.
- Perform a variety of tasks including projects as requested by the Credit Review Manager. Projects routinely require a wide degree of creativity and latitude.
- Take part in training and mentoring of other department team members and support staff.
- Reinforce the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
- Embrace change, acting as an advocate and role model and promoting a mindset of continuous improvement.
- Bachelor's degree in Accounting or Finance (B.A. or B.S.) required.
- 2+ years of work experience as a commercial underwriter, credit analyst and/or financial analyst.
- Proven track record in analyzing and underwriting all types of loans for both C&I and CRE borrowers.
- Strong proficiency in financial analysis including, but not limited to balance sheet and income statement analysis, tax return analysis, cash flow analysis (both C&I and CRE).
- Familiarity with financial spreading software. Optional, but advantageous for experience with Moody's CreditLens and Bukers Taxanalysis.
- Strong understanding of banking regulations, compliance standards, and risk management practices.
- Ability to read, analyze and interpret financial statements, tax returns, and other business-related documents in detail.
- Basic skills in Microsoft Word and Excel.
- Basic typing skills to meet production needs of the position.
- Ability to effectively interact with customers, colleagues, and management.
- Excellent written and verbal communication skills to effectively present the information and respond to questions and comments.
- Excellent organizational and time management skills to manage multiple assignments.
- Must be able to work with minimal supervision while performing the stated duties.
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