Talent.com
SVP, Commercial Credit Administration

SVP, Commercial Credit Administration

Fortis Private BankMidvale, UT, US
30+ days ago
Job type
  • Full-time
Job description

Summary

The Senior Vice President, Credit Administration will have a lead role in ensuring the health and sound growth of the Bank’s commercial loan portfolio. This role will actively monitor and report on the Bank’s loan portfolio, coordinate credit-related audits and examinations, and provide support to the Commercial Banking team around underwriting, loan structuring and risk grading. This individual will also assist the Chief Credit Officer in management of the Credit Administration department, including Loan Administration, Loan Operations and the Bank’s Credit Analyst program.

Responsibilities

Portfolio Management and Underwriting

  • Provide feedback to the deal team on proposed structure and risk appetite for new credit requests.
  • Decision individual credits within granted approval authority.
  • Participate with the lending teams on customer / prospect calls.
  • Partner with bankers and portfolio managers to complete annual relationship reviews in conformance with loan policy.
  • Proactively monitor credit risk and exposure for the Bank’s commercial loan portfolio, monitor collateral, oversee covenant monitoring, and initiate changes in risk ratings as appropriate.
  • Assist in managing the Bank’s non-performing asset portfolio.

Portfolio Monitoring and Reporting

  • Provide regular reporting on the performance of the bank’s loan portfolio, including, but not limited to, portfolio concentrations, credit quality, past dues, exception tracking, financial statement receipt and covenant compliance.
  • Monitor loan approval as needed to ensure loans are compliant with policy and booked in line with approval conditions.
  • Perform periodic CECL based stress testing of the portfolio.
  • Policy and Product Management

  • Provide primary oversight of the Bank’s Loan Policy including periodic revisions to address changes in regulations, the Bank’s risk appetite, and macro factors.
  • Draft new loan policies as needed for Chief Credit Officer review and Board approval.
  • Audits and Examinations

  • Serve as the primary liaison with external auditors, regulators, and the lending units to prepare for scheduled exams.
  • Ensure loan reviews are carried out as planned, address concerns raised by examiners, and address noted areas of risk.
  • Implement solutions to address audit and examination findings, as appropriate.
  • Minimum Qualifications

  • Bachelor’s Degree in Accounting, Finance, or Business Administration
  • Master’s Degree preferred, but not required.
  • 15+ years of progressively responsible and relative experience that involves credit analysis and decision.
  • Thorough knowledge of financial statements, accounting standards, and commercial underwriting.
  • Excellent knowledge of loan application procedures and best lending practices according to state laws and regulations.
  • Must be comfortable working with complex computer operating systems (nCino experience preferred).
  • Strong organizational time management skills, problem solving skills, and the ability to quickly grasp concepts and processes with limited guidance from management.
  • Analytical thinking skills to make timely, appropriate decisions and recommendations after reviewing all relevant information.
  • Strong written and verbal communication skills.
  • Must be able to work in a team environment with the ability to interact well, and in a positive manner, with co-workers and management.
  • Strong written and verbal communication skills
  • A positive and collaborative approach with both peers and management
  • Versatility, flexibility, and a willingness to work on consistently changing priorities with enthusiasm
  • ADDITIONAL INFORMATION

    Reporting Structure : Reports to the Chief Credit Officer

    Office Requirements : This position is required to work from a Fortis Bank office location at least 3-4 days per week

    About Fortis Bank

    Fortis Bancorp is the $1.3 billion bank holding company for Fortis Bank. Fortis Bank is a full-service bank that provides loans, deposits, and cash management services to businesses and their principals, with branch locations in Colorado and Utah. More information about Fortis Bank is available at .

    At Fortis Bank, we pride ourselves in being a partner to our clients by offering comprehensive banking solutions while building trusted, long-term relationships.

    Every role at Fortis is connected to our company strategy and can drive high impact. Each of our hand-selected and talented team members work closely together to contribute to the heart of our company culture that combines banking expertise and personalized service to create an unparalleled client experience.

    We recognize, reward, and develop those individuals who make an outsized impact to our client experience and are committed to driving our business forward.

    Fortis is

    Join a team where your expertise and passion can make a meaningful impact.

    Learn more today at .

    Create a job alert for this search

    Svp Commercial Credit Administration • Midvale, UT, US

    Related jobs
    • Promoted
    Credit Dispute Specialist

    Credit Dispute Specialist

    SoFiMidvale, UT, US
    Full-time
    Employee Applicant Privacy Notice.Shape a brighter financial future with us.Together with our members, we're changing the way people think about and interact with personal finance.We're a next-gene...Show moreLast updated: 3 days ago
    • Promoted
    Housing & Credit Specialist

    Housing & Credit Specialist

    Goodwill of Sacramento Valley & Northern NVMather, CA, US
    Full-time +1
    Reporting to the Program Manager of Supportive Services and with independent professional responsibility, the Housing Specialist is responsible for the development of a housing relocation plan to a...Show moreLast updated: 30+ days ago
    MATHEMATICS (CREDIT)

    MATHEMATICS (CREDIT)

    Santa Rosa Junior CollegeSonoma County, CA
    Full-time +1
    Santa Rosa Junior College is currently accepting applications to establish a pool for part-time associate faculty assignments. Associate assignments are temporary, part-time or on-call.This job post...Show moreLast updated: 30+ days ago
    Director, Credit Risk, Lending

    Director, Credit Risk, Lending

    AirwallexSingapore, Michigan, Singapore
    Full-time
    Airwallex is the only unified payments and financial platform for global businesses.Powered by our unique combination of proprietary infrastructure and software, we empower over 150,000 businesses ...Show moreLast updated: 30+ days ago
    SVP, Insights

    SVP, Insights

    InMarketUnited States
    Full-time
    Since , InMarket has been the leader in -degree consumer intelligence and real-time activation for thousands of today’s top brands. Through InMarket's data-driven marketing platform, brands can buil...Show moreLast updated: 30+ days ago
    SVP Chief Marketing Officer

    SVP Chief Marketing Officer

    DaVita Inc.Draper, UT, United States
    Full-time
    Please double check you have the right level of experience and qualifications by reading the full overview of this opportunity below. Our mission is to SAVE AND IMPROVE LIVES BY EMPOWERING HEALTHCAR...Show moreLast updated: 24 days ago
    CREDIT ANALYST

    CREDIT ANALYST

    Alpha Warranty ServicesSouth Jordan, UT, US
    Full-time
    We are seeking a sharp, detail-obsessed .You will analyze borrower credit profiles, interpret complex financial data, and identify risks others might miss. This role is for someone who can connect d...Show moreLast updated: 17 days ago
    SVP Chief Marketing Officer

    SVP Chief Marketing Officer

    Davita Inc.Draper, UT, United States
    Full-time
    Our mission is to SAVE AND IMPROVE LIVES BY EMPOWERING HEALTHCARE CONSUMERS.How you can make a difference As a key member of the executive leadership team, the Chief Marketing Officer (CMO) will le...Show moreLast updated: 25 days ago
    SVP Chief Marketing Officer

    SVP Chief Marketing Officer

    MediabistroDraper, UT, United States
    Full-time
    Please double check you have the right level of experience and qualifications by reading the full overview of this opportunity below. Our mission is to SAVE AND IMPROVE LIVES BY EMPOWERING HEALTHCAR...Show moreLast updated: 30+ days ago
    Director, Investment (Credit)

    Director, Investment (Credit)

    Keppel (Fund Management & Investment)Singapore, Michigan, Singapore
    Full-time
    Keppel (Fund Management & Investment).This key role within the Keppel Credit Fund Management team focuses on investment activities and managing the end-to-end investment process.The primary respons...Show moreLast updated: 30+ days ago
    VP / SVP, Business Development

    VP / SVP, Business Development

    Maybank Investment Banking GroupSingapore, Michigan, Singapore
    Full-time
    Maybank Securities is a leading brokerage and investment bank across ASEAN.Maybank Securities provides services in corporate finance & advisory, debt markets, equity capital markets, derivatives, r...Show moreLast updated: 30+ days ago
    Director, Investment (Credit)

    Director, Investment (Credit)

    Keppel Ltd.Singapore, Michigan, Singapore
    Full-time
    Director, Investment (Credit) page is loaded.Apply locations Singapore time type Full time posted on Posted 2 Days Ago job requisition id 10014975. This key role within the Keppel Credit Fund Manage...Show moreLast updated: 30+ days ago
    Commercial Credit Analyst ID67555

    Commercial Credit Analyst ID67555

    Adams, Inc.NE, US
    Full-time
    Job Leads are potential openings we are willing to investigate for you.By completing this form, you are indicating to us that you are interested in exploring this opportunity in greater depth : Comm...Show moreLast updated: 30+ days ago
    Asia South Equities Business Execution - SVP / VP

    Asia South Equities Business Execution - SVP / VP

    CitiSingapore, Michigan, Singapore
    Full-time
    Asia South Equities Business Execution - SVP / VP.Asia South Equities Business Execution - SVP / VP.This role, part of the regional Equity Business Execution team, supports the Equity business focusing...Show moreLast updated: 30+ days ago
    • Promoted
    SVP, Commercial Credit Administration

    SVP, Commercial Credit Administration

    MRISpokaneMidvale, UT, US
    Full-time
    SVP, Commercial Credit Administration.The Senior Vice President, Credit Administration will have a lead role in ensuring the health and sound growth of the Bank's commercial loan portfolio.This...Show moreLast updated: 14 days ago
    Credit Management Analyst

    Credit Management Analyst

    EpamRemote, US
    Remote
    Full-time
    We are currently looking for a.Business Partnering Service unit to strengthen the team even further.In this position, you are going to work with Business Partnering Services (BPS) - part of EPAM`s ...Show moreLast updated: 30+ days ago