Commercial Credit Administrator

Who We Are

First Fed is a local community bank on an exciting growth trajectory with 17 locations including 12 full-service branches in Western Washington. First Fed was recognized by the Puget Sound Business Journal as a Best Workplace and a Top Corporate Philanthropist. By popular vote, First Fed received awards for Best Bank in The Best of the Northwest, Best Banker in Readers' Choice by Cascadia Daily News, and Peninsula Daily News named us Best Bank on the Olympic Peninsula.

We also received a Best-In-State bank award from Forbes.

For over 100 years First Fed has served our customers and communities throughout the PNW. We've donated over $9 million to non-profit organizations in the past 8 years through our foundations, sponsor ships, direct donations, and matched employee donations. Our amazing team has volunteered over 25,000 hours in the past 5 years - many by using our benefit of 3 paid volunteer days per year!

We welcome applicants from all backgrounds - our diversity makes us stronger. Join our award-winning team!

Our Values

Optimism:
We are positive and decisive. We believe the future will be better than the past. Our attitude demonstrates persistence which leads to success.

Initiative:
We are self-starters and find innovative solutions. We are courageous, entrepreneurial, and passionate. We take action for good.

Respect:
We include individuals from diverse backgrounds and with different perspectives. We are committed to honoring and serving others.

Growth:
We learn and adapt so we can continually improve. We believe in personal growth through grit and determination.

Ownership:
We are invested in our endeavors. We are accountable and take responsibility for our actions and decisions.

Position Purpose

Plan, organize and manage the commercial lending function to ensure the independent review of the Bank's commercial loan portfolio is performed on a continuing basis. Ensure documentation is in compliance with bank policies and applicable regulations. Participate in the detection of deteriorating commercial loan quality. Manage, supervise and mentor credit administration staff, fostering effective and collaborative working relationships with both internal and external customers.

Support bank wide sales and service efforts designed to retain existing relationships and enable growth of new relationships. Ensure sustained profitable growth through support of the institution's deposit, loan and fee income goals. Actively participate in the resolution of special credits as required.

Essential Functions

* Plan, organize and manage the commercial credit function and staff activities to ensure the independent review of the Bank's commercial loan portfolio and compliance with bank policies and applicable regulations.

* Supervise staff activities, fostering effective and collaborative working relationships with both internal and external customers; establish goals and assess performance; participate in hiring and discipline decisions as needed; mentor staff and ensure appropriate training and development opportunities are provided.

* Monitor the bank's loan portfolio on a continuing basis in order 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 but not limited to impairment analysis pursuant to ASC 310 (formerly FAS 114), credit concentrations reports, appraisal aging schedules, and loan maturities loan reports.

* Manage a team of underwriters in the preparation of analysis of all large loans, large aggregate lending to one borrower, complex loans, and problem loans.

* Approve, decline, counter-offer portfolio loan requests in conjunction with loan policy limits. Actively participate in problem credit resolution.

* Ensure compliance with…