Commercial Credit Administrator

$105,454 - $179,271/Yr

First Fed Financial Corp - Port Angeles, WA

Full-time - Mid Level

Port Angeles, WA

11-50 employees

About the position

The Commercial Credit Administrator is responsible for planning, organizing, and managing the commercial lending function at First Fed. This role ensures the independent review of the bank's commercial loan portfolio, compliance with bank policies and regulations, and the supervision and mentoring of credit administration staff. The position also involves monitoring loan quality, managing credit analysis, and participating in problem credit resolution to support the bank's growth and profitability goals.

Responsibilities

• Plan, organize and manage the commercial credit function and staff activities.
• Ensure independent review of the Bank's commercial loan portfolio and compliance with bank policies and regulations.
• Supervise staff activities and foster effective working relationships with internal and external customers.
• Monitor the bank's loan portfolio to mitigate loss exposure through timely credit review and grading.
• Participate in the identification of problem loans and provide recommendations for handling and resolution.
• Maintain the bank's system of credit analysis, underwriting, and quality control for all loans.
• Ensure adequate credit and collateral documentation is maintained in compliance with policies and regulatory requirements.
• Provide periodic reports of outstanding credit exceptions to the Chief Credit Officer.
• Prepare loan portfolio analysis including impairment analysis, credit concentrations reports, and loan maturities reports.
• Manage a team of underwriters in the preparation of analysis of large and complex loans.
• Approve, decline, or counter-offer portfolio loan requests in conjunction with loan policy limits.
• Actively participate in problem credit resolution.
• Ensure compliance with all policies and regulations including BSA and CRA.

Requirements

• Bachelor's degree in business administration, finance, accounting, or economics, or equivalent.
• Typically requires five to seven years of directly related and demonstrated successful experience in commercial credit administration.
• Thorough knowledge and understanding of Commercial Real Estate and C & I lending processes.
• Solid loan analysis, structuring, and documentation knowledge across various business and collateral structures.
• Strong credit and financial analysis skills.
• Strong interpersonal skills and ability to effectively communicate, both written and verbal, to all lines of business.
• Ability to effectively supervise, direct, and mentor others in their responsibilities.
• Ability to collaborate cross-divisionally with production personnel.
• Ability to effectively manage multiple priorities in a timely manner.
• Proficient with MS Word, Excel, and various database programs.

Benefits

• 401(k) matching
• Dental insurance
• Employee stock ownership plan
• Gym membership
• Health insurance
• Paid time off
• Unlimited paid time off