Credit Products Officer II; C&I Specialty

Overview

SUMMARY: A Credit Products Officer specializes in either Corporate and Industrial (C&I) loan requests and is responsible for preparing complete and accurate credit analyses in a timely manner that meets or exceeds internal business partners  needs, customer expectations, regulatory requirements and leading industry practices. They are accountable for protecting the Bank by providing an unbiased and objective view of the prospective borrower and thoroughly disclosing all identified risks.

In addition, this position is responsible for the monitoring and ongoing maintenance of a portfolio, while supporting one or more Relationship Managers in this endeavor.

include the following. Other duties and special projects may be assigned.

• Pre-screening Activities (10% of time)
• Underwriting Activities (40% of time)
• Approval Activities (10% of time)
• Post-approval Activities (5% of time)
• Portfolio Management Activities (30% of time)
• Underwriting/Portfolio Management Practice Development (5% of time)
• Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
• Adheres to Bank policies and procedures and completes required training.
• Identifies and reports suspicious activity.

• Determine Risk Ratings — Confirm the Industry Risk Rating (IRR) and Hold Limits as well as determine Borrower s Risk Rating (BRR) using the tools / matrices provided by the bank.
• Prepare Spreads — Prepare spreads in Moody s Risk Origins (C&I) to aid Relationship Manager and Line Management in determining whether to move forward with a request.

• Determine financial information requirements — Work with the Relationship Manager to obtain all necessary information to underwrite the credit request.
• Assist in preparation of the Pre-Approval Memorandum — Prepare the financial portion of the pre-approval memorandum to assist Relationship Manager in obtaining concurrence to issue a Term Sheet to a prospective borrower.
• Determine due diligence requirements — Prepare due diligence request for items needed to fully underwrite the credit request and forward to Loan Closing Officer for ordering of due diligence items (lien, credit, UCC, OFAC, etc.).
• Perform borrower financial analysis — Review and analyze borrower financial information including: corporate financial statements, tax returns, and accounts payable and accounts receivable aging to determine borrower financial condition and develop cash flow analysis.
• Perform guarantor financial analysis — Review and analyze personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine financial strength of guarantor.
• Review and analyze all 3rd party reports — Obtain all 3rd party reports and include findings in analysis of financial condition of borrower or guarantor.
• Identify and mitigate risks — Work with Relationship Manager to identify and mitigate all risks and disclose in the credit approval memorandum.
• Collaborate in credit structuring — Work with the Relationship Manager to structure credit requests that serve the best interest of the customer and bank.
• Determine borrower, guarantor and facility risk rating — Complete all required risk rating models and analyses.
• Complete Credit Approval Memorandum and electronic approval memorandum — Draft approval narrative in MS Word and enter the deal into the approval system (e-CAM).
• Assemble approval package — Ensure that the approval package is complete and all supporting schedules / documents are included. Preview with the RM and Line Management for any corrections or changes.
• Deliver the Approval Package to Credit Products Manager (CPM), Senior Credit Products Manager (SCPM) or Managing Director of Credit Products (MDCP) depending on Corporate Approval Model — Obtain affirmation of the credit package and support of the credit request.

• Deliver approval package to Credit — Depending upon the approval authority required by the Corporate…