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Commercial Credit Officer III
Location
District Of Columbia + 3 moreAll locations: District Of Columbia | North Carolina | Maryland | Virginia
Posted
15 days ago
Salary
$108.2K - $180.5K / year
Seniority
Lead
Job Description
Commercial Credit Officer III
Atlantic Union Bank
• The Centralized Commercial Credit Officer is responsible for loan approvals on business purpose and commercial real estate loans within line of business parameters. • Reviews and determines appropriate risk assessment of business loan requests including the appropriate level of analysis of borrower's business, management, financial condition, and operations. • Evaluates financial statements and prepares independent written credit evaluations on the most complex business loans and relationships. • Analyses will identify the key strengths and weaknesses of that particular borrower, along with the loan structure, and conclude in the approval or decline of the loan. • Applies experience and judgment to evaluate the level of risk within a request and structure the loan terms to meet the borrower’s needs while adhering to AUB’s risk and credit policies. • Signature loan approvals on business relationships to be determined based on experience, expertise and business need; works closely with the Centralized Credit Management for those approvals that exceed individual loan authority • Collaborates with sales and credit partners to meet deadlines on business loan requests. • Accountable for and manages assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and following through for remediation. • Other portfolio duties include but are not limited to: timely and accurate risk rating of clients based on internal and external data; consideration and approval short term extensions and ensuring correct documentation at time of review. • Works strategically with relationship managers on risk management issues and/or loan structure as requested or otherwise deemed necessary or appropriate. • Works with Wholesale and Business Banking relationship managers and line management to ensure that business banking loan portfolio quality goals are met. • May mentor less experienced Centralized Credit Officers on the evaluation of credit risk factors, loan decisions, and other credit topics. • May assist with credit training and development of others. • Reviews loan packages and provides approval concurrence for other Credit Officers as needed. • Maintains current operating knowledge of all job-relevant legal and regulatory requirements through the successful completion of compliance and regulatory training and attendance at all mandatory regulatory compliance and credit training activities.
Job Requirements
- Bachelor's degree in business, finance or related field
- Seven or more years’ experience in business banking/commercial banking and/or a credit administration position that included underwriting and assessment of credit requests.
- Prior loan approval authority highly preferred.
- Results oriented and decisive
- Confident in knowledge and experience; able to clearly articulate loan approvals and declines
- Accuracy, and attention to detail a must.
- Ability to handle confidential information with the utmost discretion.
- Ability to work independently as well as within a team environment.
- Strong interpersonal, communication and listening skills.
- Strong consultative skills including the ability to ask critical questions to identify opportunities
- PC proficiency and experience with word processing and spreadsheet software, including the use of system and user generated formulas, macros, charts, and tables.
- Strong knowledge of loan documentation, i.e. documents needed to perfect a lien on various collateral types; documents signed by the client; identifying related risks and working with Legal as deemed appropriate.
Benefits
- General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits
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