Commercial Credit Administrator

$105,454 - $179,271/Yr

First Federal Bank - Port Angeles, WA

Full-time - Mid Level

Port Angeles, WA

11-50 employees

Credit Intermediation and Related Activities

About the position

The Commercial Credit Administrator at First Federal is responsible for planning, organizing, and managing the commercial lending function. This role ensures the independent review of the bank's commercial loan portfolio, compliance with bank policies and regulations, and the supervision of credit administration staff. The position also involves monitoring loan quality, managing problem loans, and supporting the bank's sales and service efforts to foster growth and maintain relationships.

Responsibilities

• Plan, organize and manage the commercial credit function and staff activities.
• Supervise staff activities and establish goals; participate in hiring and discipline decisions.
• Monitor the bank's loan portfolio to mitigate loss exposure through timely credit review.
• Participate in identifying problem loans and provide recommendations for 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 regulations.
• Provide periodic reports of outstanding credit exceptions to the Chief Credit Officer.
• Prepare loan portfolio analysis including impairment analysis and credit concentrations reports.
• Manage a team of underwriters in preparing analysis of large and complex loans.
• Approve, decline, or counter-offer portfolio loan requests in conjunction with loan policy limits.
• Ensure compliance with all policies and regulations including BSA and CRA.
• Maintain regular and predictable attendance.

Requirements

• Bachelor's degree in business administration, finance, accounting, or economics, or equivalent.
• Typically requires five to seven years of successful experience in commercial credit administration.
• Thorough knowledge 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 effective communication abilities.
• Ability to supervise, direct, and mentor others.
• Ability to collaborate cross-divisionally with production personnel.
• Ability to manage multiple priorities in a timely manner.
• Proficient with MS Word, Excel, and various database programs.

Nice-to-haves

• Experience with credit analysis software.
• Knowledge of local market conditions and trends.

Benefits

• Medical, dental, and vision insurance
• Paid time off
• Retirement plans (401k with company match and Employee Stock Ownership Plan)
• Gym membership reimbursement
• Discounts on banking products
• Possibility for unlimited PTO depending on candidate level