Credit Associate

The Credit Associate position is primarily responsible for the underwriting of new loan requests, as well as the day-to-day monitoring of the existing loan portfolio.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
:

• Review and evaluate commercial credit requests in conjunction with Bank guidelines, resulting in recommendations for approval, conditional approval, denial and/or restructure.
• Perform all underwriting tasks for loan requests from new and existing clients including completion of credit approval packages and approval memos. Underwrite existing loan regular reviews.
• Analyze risk, identify mitigants, and recommend risk ratings for commercial loan requests.
• Participate in the preparation and review of legal documentation for existing and new loan requests.
• Monitor loan and department approvals.
• Perform new and existing loan quality control analysis to minimize loan documentation and loan system data entry errors.
• Publish the approved DRB Loan Policy and compile appendices.
• Perform special projects as needed.
• Verify that customer information and documents are up-to-date and obtain missing or outdated information as needed.
• Participate in developing department goals, objectives and systems. Recommend new approaches, policies and procedures to continually improve efficiency of the department.
• Participate in staff meetings and take part in training as needed.

KNOWLEDGE,

SKILLS and ABILITIES

:

• 3+ years of experience within the banking industry with a focus on credit.
• Familiarity with tax returns, financial statements (balance sheet, income statement, statement of cash flows, etc.), statements of financial condition, construction agreements and budgets, and various loan and corporate documentation.
• Knowledge of different types of commercial and personal loans and their respective rates and spread ranges for given risk profiles.
• Extensive Microsoft Office Excel and Word expertise.
• Critical thinking and analysis.
• Strong attention to detail.
• Strong organizational, written, verbal and interpersonal communications skills.
• Ability to work in a fast paced environment, change priorities and multi-task.
• Must have integrity, ethical practice and the ability to maintain confidentiality/discretion in company and HR matters.

EDUCATION/EXPERIENCE REQUIREMENTS

College degree or equivalent work experience.

Required Years of

Work Experience:

3+

Salary Range
: $57,489 – $70,000 annually

• 401(k)
• 401(k) matching
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday