Regional Credit Administrator I

$140,000 - $170,000/Yr

Tri Counties Bank - Bakersfield, CA

Full-time

Bakersfield, CA

Credit Intermediation and Related Activities

About the position

The Regional Credit Administrator I (RCCA) reviews and approves a broad range of commercial credits and credit exceptions, which fall outside the approval authority of individuals, departments, branches or regional commercial banking offices. The RCCA has a strong credit background, including cash flow analysis, tax return analysis, balance sheet and income statement analysis and general commercial and consumer underwriting experience. The RCCA is completely conversant in credit policy, procedures and underwriting guidelines as well as regulatory issues and actively uses this knowledge base to promote sound loan growth and portfolio management. The RCCA is responsible for managing the commercial underwriting process from origination to loan closing and manages a team of Commercial Credit Underwriters and Commercial Credit Analysts in providing excellent underwriting support to Relationship Managers and other Bank credit representatives. Provides expertise and mentoring in credit analysis and aids in structuring competitive credit packages that meet the needs of Bank customers, adequately protect the Bank and provide a fair return for the Stockholders. The Regional Credit Administrator has strong leadership skills, is analytical, accurate, responsive, organized and able to communicate both orally and in writing. He or she has strong experience with commercial and real estate underwriting, managing the underwriting process, and overseeing a large credit portfolio.

Responsibilities

• Manages and provides guidance, training, and overall mentoring to a team of Commercial Credit Underwriters and Credit Analysts.
• Responsible for the overall processing of commercial loan requests, from origination to loan closing, including the loan documentation/boarding process and post-closing follow-up items such as the gathering of required financial information and measurement of financial performance covenants.
• Assures customer loan requests are processed accurately and timely.
• Analyzes moderately complex financial and credit information and assesses other key risk factors such as management depth, industry characteristics and economic trends.
• Requests any additional information needed to complete processing and recommends any additional credit approval requirements.
• Recommends credit approval requirements including the establishment of financial performance covenants, monitoring requirements, and other loan provisions and ensures accurate grading of new and existing credits based on credit analysis and a detailed knowledge of the Bank's risk rating system.
• Uses a thorough understanding of the Bank's Underwriting Guidelines, Policies & Procedures as well as exceptional analytical skills and underwriting experience to review and approve or decline loan requests within assigned loan limits and recommends credit beyond those limits to senior credit administration staff for approval.
• Updates loan application database throughout underwriting process.
• Assists Underwriters and Relationship Managers as needed in the review and approval of Credit Approval requests, Interim Credit Reports and Annual Credit Reviews.
• Confers with Underwriters, Relationship Managers and regional/branch personnel to determine client needs and discuss viable credit options.
• Recommends appropriate business lending pricing and underwriting strategies to underwriters and the Bank's sales personnel.
• Participates with Relationship Managers, Branch Managers, and the Bank's credit representatives on both internal and external customer calls as appropriate, providing credit expertise in support of the commercial lending sales function.
• Supports all sales staff in answering questions relating to commercial credit.
• With assistance from his/her underwriting staff, manages assigned portfolio of commercial loans ensuring timely renewals, minimal delinquency, required periodic reporting, compliance with covenants, appropriate grading, reporting requirements, and early identification of potential weaknesses.
• Oversees and coordinates the renewal process to ensure that necessary information is received prior to line or loan maturity.
• Monitors past due loans within assigned portfolio and recommends/approves actions to sales staff or contacts customers directly, as appropriate.
• Ensures a log is maintained of pending action items for the resolution of past due loans.
• Ensures the coordination and maintenance of compliance items including decline letter preparation and the maintenance of adverse action database.
• Maintains a current understanding of Bank underwriting guidelines, procedures, policies and compliance issues.
• Maintains a working knowledge of regulatory requirements relating to commercial lending and complies with Reg B - Fair Lending, Community Reinvestment Act, HMDA, Bank Secrecy Act, Suspicious Activity Reporting, CIP, Gramm-Leach Bliley Act - information privacy, and OFAC regulations.
• Actively involved in the review and creation of existing and new credit policies, underwriting guidelines and templates, and various other forms and procedures.
• Assists the Senior Commercial Credit Administrator or Chief Credit Officer in the development and completion of special projects, spreadsheets, graphs, and reports as assigned and in the preparation of Director Loan Packages when required.
• May be asked to provide formal or informal training and support to various colleagues within the bank and across multiple job functions with regard to credit fundamentals, policy, and underwriting techniques and guidelines.
• Performs Credit Underwriting duties as needed.
• Performs other work-related duties as assigned.

Requirements

• Undergraduate degree in Finance, Business Administration or Accounting, or relevant related work experience required.
• A track record of increasingly responsible positions in the areas of lending or credit within a regulated financial institution.
• Demonstrated leadership and management skills and the ability to interpret and discuss analytical data and make credit recommendations to Senior Management and/or Risk Management on strategic issues or initiatives.
• Established knowledge of financial accounting theory and logic, loan structuring, commercial products and services.
• Established analytic ability to underwrite diverse loan products.
• Effective verbal and written communication skills including presentation skills.
• Excellent organizational skills with efficient work demeanor that allows involvement in multiple areas. Ability to complete a high volume of work efficiently and with accuracy.
• Ability to utilize personal computers, and Windows-driven programs, with an emphasis on the Microsoft Office suite of applications, specifically Word and Excel.

Benefits

• $140,000 to $170,000 annually along with incentive opportunities.