TITLE:
Credit Administrator
REPORTS TO:
Chief Credit Officer
FLSA:
Exempt
CATEGORY:
Full Time
SHIFT:
Monday – Friday 8:30 am – 5: 30 pm
SUMMARY The Credit Administrator confirms sound loans, complete documentation and analysis and implementation of credit related business plans in accordance with overall objectives of the bank. Develops and instructs ongoing credit training and development of Loan Advisors and Associates. Ensures loan approvals are in compliance with FIRREA & other applicable regulations. Conducts periodic loan reviews to ensure proper ratings within the bank’s loan portfolio. The position works closely with the Chief Credit Officer to identify risks and opportunities for efficiencies in the credit processes of the bank, and works to build solutions to those risks and inefficiencies.
ESSENTIAL DUTIES
Credit Administration
- Responsible for proper underwriting and Loan Policy conformance or appropriate mitigations on loan requests. Completes and approves credits in conformance with Loan Policy and within authorized limits and with satisfactory turnaround times on all credit requests.
- Assists in the credit approval process for Equipment Finance Group (EFG). Manages administration of EFG’s loan compliance and documentation.
- Assists lending units with loan structuring and pre-flight of loan requests.
- Responsible for new lender and associate training of bank policy and procedures.
- Responsible for managing the OR EO and special assets for the Bank. Directs status update completion and proper documentation at least quarterly of impairment analysis. Reviews loans for TDR status.
- Staffs the Board Loan Committee including but not limited to: scheduling meetings, ensuring that agendas and support documentation are provided to committee members in a timely fashion, review of minutes of the meetings, and providing relevant information and training to committee members so that they can perform their duties in exemplary fashion.
- Understands the local credit market and competitors and shares information with Chief Credit Officer and Unit Leaders.
SECONDARY DUTIES
- Completes assigned Compliance Training. Maintains compliance with the Bank’s BSA/AML Policy and Procedures throughout the year.
- Maintains all related paper and electronic file systems so that necessary documents can be found easily, and documentation is consistent and complete.
- Assumes responsibility for various department functions in the absence of colleagues or in overload situations.
GENERAL
- Provides excellent personal customer service to all internal and external clients by treating people with respect, keeping commitments, inspiring the trust of others, working ethically and with integrity, upholding organizational values, and accepting responsibility for own actions.
- Follows policies and procedures, completes administrative tasks correctly and on time, and contributes to the overall profitability of the Bank through cost controls and expense monitoring.
- Applies good judgment in decision making and sees beyond immediate assignments and acts on opportunities and problem areas.
- Performs position safely and reports potentially unsafe conditions.
- Works according to established schedules, arriving on time and with a positive attitude.
- Any other duties as defined.
QUALIFICATIONS AND DEMONSTRATED ABILITIES
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill, and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
- Minimum of a Bachelor degree in finance, accounting, business administration or related field; and five (5) years of related experience. Work related experience should consist of finance, accounting or business management. Educational experience, through in-house training sessions, formal school or related curriculum, should be applicable to finance, accounting or business.
- Specialized training and/or experience in credit administration and loan policy development is highly desirable.
- Ability to read, analyze, and interpret business periodicals, professional journals, and technical procedures.
- Excellent organizational and time management skills, with the ability to provide leadership, supervision and training employees using positive supervisory techniques to ensure maximum productivity; demonstrated ability in organization and delegation skills.
- Intermediate skills in personal computer operation; word processing, spreadsheet and specialty software programs. Intermediate keyboarding skills to meet production needs of the position.
- Exceptional verbal, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence, and procedures, speak clearly to clients, colleagues, directors, and shareholders.
- Thorough understanding of management procedures; ability to plan department and Bank activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Bank activities; effectively staff department (determining FTE needs, selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate).
- Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
- Ability to work with no supervision while performing duties.
PHYSICAL REQUIREMENTS
- Ability to sit and/or stand for extended periods of time.
- Occasional walking to assist or meet with clients and colleagues at various locations within the Bank.
- Continuous clarity of vision at 20 inches or less for normal processing of work.
- Repetitive use of hands such as grasping, twisting/turning of wrists, and finger dexterity necessary to perform various clerical duties such as typing, writing, and maintaining files.
- Occasional use of arms such as pushing/pulling to open and close drawers and cabinets.
- Occasional bending and/or reaching for supplies, etc. on both low and high shelves.