Commercial Credit Manager

Job Description

Job Description

Job Summary :

This role provides leadership and oversight of the commercial credit analyst team. They also bring a high level of expertise in understanding commercial credit and assessing risk, serving as a resource to the credit analyst team as well as the commercial lenders in structuring and analyzing commercial loan relationships. They establish procedures for the team and provide guidance on systems and resources used for completing effective and relevant credit analysis. They also support the risk management function by ensuring that department and regulatory reporting is effective and accurate.

Essential Functions :

• Manage the Commercial Credit team to ensure timely and accurate completion of the analysis, underwriting, approval documentation and periodic reviews of commercial loan files.
• Plan and coordinate training, providing mentoring in order to continuously develop the team’s skills and abilities including those functions detailed below.
• Identify and address short-term planning needs, providing insight to leadership for long-term planning.
• Review credit analyst new credit presentations and annual reviews prior to submitting for final approval.
• Approve new loans, annual reviews and exceptions within granted authority.
• Ensure that property appraisals and appraisal reviews effectively assess collateral values; on occasion may provide valuation or review analysis.
• Assist in collection of information for annual review preparation to support prudent loan portfolio management and ensuring compliance with NCUA guidelines.
• Provide subject-matter expertise and department representation to organizational projects and / or initiatives.
• Develop reports to identify credit risk changes in the loan portfolio and according to established policies and procedures.
• Coordinate site visits with prospects or members at property or business location to assess ongoing business and / or property cash flow generation capability.
• Participate in organizational initiatives such as M&A due diligence and integration, regulatory exams and third-party audits.
• Performs other duties as assigned.

Leadership Responsibilities : Responsibilities include interviewing, hiring, and provide training to employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications :

Pay Range : $125k-$142k plus 15% annual target bonus. The estimated hiring range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

BENEFITS :