Credit Risk Manager

3 weeks ago


Lafayette, Indiana, United States First Merchant's Bank Full time
Job Description

Credit Officer Role

First Merchants Bank is seeking a skilled Credit Officer to play a key role in the management of our commercial credit portfolio. This position will be responsible for assisting in the implementation and recommendation of policies and procedures for proper management of portfolio risk and concentration management, credit risk assessment and monitoring, and special assets management.

Key Responsibilities

  • Act as Chair to the Regional or Line of Business Loan Committee, as designated.
  • Act as the Chair to the Regional Special Assets and Watch Committees, as designated.
  • Act as a member of a Line of Business Loan Committee, as designated.
  • Complete additional tasks, including approving Environmental Due Diligence Checklists, construction draws, and administrative renewals.
  • Work with the RCCO to oversee the standard credit processes, procedures, and policies while maintaining timely and accurate grading of the commercial credit portfolio.
  • Member of the Regional or Line of Business and Regional Special Assets Loan Committees as designated.
  • Communicate material asset quality concerns and/or issues to the Regional Chief Credit Officer.
  • Prepare regional or line of business migration reporting of commercial credit portfolio asset quality including grading, impairment, non-accrual, and charge-off recognition.
  • Monitor and manage regional or line of business delinquency status, construction loan status, borrowing base reporting, marketable security reporting, and loan covenant compliance.
  • Ensure regional or line of business adherence to corporate concentration limits and thresholds.
  • Ensure the timely completion of Annual Credit Reviews.
  • With the approval of the RCCO, respond to audit, loan review, FDIC, and other internal and external examining bodies.
  • Complete compliance and other assigned training.
  • Participate as a member of business management team.
  • Organize and assist the Regional Chief Credit Officer with meetings, including the establishment of agenda items, materials, and meeting preparation.

Requirements

  • Bachelor's degree in accounting, finance, business or related field.
  • A minimum of six (6) years of commercial credit or related experience.

Preferred Qualifications

  • Master's degree in accounting, finance, business or related field.

Benefits

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

About Us

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision

To enhance the financial wellness of the diverse communities we serve.

Our Mission

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team

We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging.


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