Credit Products Officer; Fairfax

Credit Products Officer

Officer Fairfax, VA, US

Since opening our doors in 2007, FVCbank has incorporated a vision of creating a positive and empowering work environment for our employees. Our continuous efforts in supporting our employees to be successful is one of our most important responsibilities. We believe that in order to provide exceptional service to our customers and the community, our employees must be a priority. If you want to join a company that is dedicated to helping you be successful and grow in your career, then join us at FVCbank.

The primary role of the Credit Products Officer position is to support commercial loan officers in the underwriting process for the Banks CRE, C&I and other credit relationships by leveraging fintech. The Credit Products Officer will assist in identifying and gathering critical information regarding the credit qualifications of applicants/borrowers, the specific nature and current status of the industry, current market conditions, and the underlying financial strength of the owners to determine if there is a viable request for credit.

In addition, the Credit Products Officer will prepare loan presentation packages utilizing technology that will be reviewed by voting members of the Loan Committee.

• Partner with and advise lenders in making viable credit recommendations that properly mitigate the risks identified through the analysis of the financial information provided by potential borrowers.
• Identify critical items needed to process loan requests and prepare list of questions regarding financial statements for follow up by lenders.
• Prepare loan presentation packages for lenders that clearly identify credit qualifications and weaknesses of potential borrowers.
• Assist lenders in presentations to Loan Committee by helping to answer questions as needed.
• Analyze business, commercial, and individual financial statements and tax returns to calculate cash flows using fintech tools and Bank’s software platform.
• Navigate and gather appropriate underwriting information from various sources such as the Bank’s data systems, Internet, Dunn & Bradstreet, Lexis Nexis, RMA, CoStar, and general market data bases.
• Evaluate adequacy of cash flows to service proposed debt structure(s).
• Evaluate applicant’s/borrower’s industry and general market conditions.
• Determine the degree of risk involved in a transaction and appropriately risk rate the proposed credit in alignment with risk ratings as defined in loan policy.
• Review and accurately interpret standard commercial banking documentation, such as financial packages, loan documents, appraisal reports, contracts, and agreements.
• Perform other duties as assigned.

• Bachelor’s degree in Accounting or Finance
• 3 – 5 years of related work experience in banking, community banking preferred
• Extensive CRE experience preferred
• Ability to focus on task and be detail oriented
• Strong analytical and underwriting skills
• Excellent written and verbal communication skills
• Proficient in Microsoft Office suite
• Ability to adapt to and leverage fintech solutions used by the Bank
• Solid business writing skills
• Strong and effective planning and organizational skills

• Thorough understanding of the components of various financial statement types and formats
• Thorough understanding of personal/ partnership and corporate tax returns
• Extended coursework in accounting and/or finance

• Successful completion of a formal credit program preferred
• Professional and effective interpersonal skills
• Working knowledge of legal entity structures
• Ability to support and defend decisions on loan requests
• Ability to communicate effectively in a logical succinct format, verbally or in writing
• Deep knowledge of credit policies/regulations

• Ability to sit, stand, kneel, and bend for extended periods of time
• Must be able to operate a computer keyboard, mouse, and other computer components
• Ability to converse and exchange information with all levels of staff within the organization
• Ability to observe, perceive, and identify data
• Ability to travel via air, rail, automobile, and/or bus

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