Credit Manager

Job Category: Lending - Credit Administration

Requisition Number: CREDI
001958

• Full-Time

Showing 1 location

Corporate Office
Stamford, CT 06905, USA

At First County Bank,
You + We =Team

YOU - Bring your talent, hunger to learn and desire to grow.

WE - Will provide you with the training and experience you need to become a Trusted Advisor to your clients.

TEAM - As part of the FCB team, you will share in the satisfaction of working for a respected 170-year-old institution with deep community roots and a tradition of giving back.

First County Bank - It's where you belong!

We are looking for a Credit Manager to join our Credit Administration team! This individual maintains primary responsibility for the department and is a member of the Bank’s Senior Lending Committee responsible for approving loans, modifications, and other Credit Administration reports within Lending Policy delegation.

Work Hours:

8:30am - 4:30pm, Monday through Friday.

Primary Responsibilities:

• Manages Credit Administration’s workflow and skills in alignment with Business Banking loan production; has broad and deep knowledge of commercial real estate, commercial & industrial, and commercial construction lending, with particular focus on the Fairfield County, Connecticut and Westchester, New York markets.
• Maintains primary responsibility for quality, detail, appropriateness, and timeliness of credit underwriting.
• Manages credit administration requirements (financial statement receipt, financial covenant tracking, and management of an annual review schedule).
• Supports the Chief Credit Officer with loan review, audit, and regulatory examination requirements, Lending Policy and procedures, and awareness of regulatory, audit, and marketplace changes that affect the Bank.
• Monitors loan pipeline, workflow, credit administration requirements and individual task assignments.
• Schedule staff to ensure adequate coverage; cross-train staff to maintain accuracy, data integrity, and operational efficiency while maintaining compliance with Bank, state, and federal regulations and guidelines.
• Be the first point of contact for analysts and lenders for Credit Administration matters.
• Develop and maintain a firm understanding of the Bank’s Lending Policy and be able to make decisions based on policy, procedures and/or regulatory guidance as well as prior experience.
• Ensure team adherence to deadlines, including credit approval & annual review timelines and Reg. B deadlines.
• Oversee the maintenance and management of the Bank’s commercial credit underwriting software platform (Abrigo), including the Business Banking loan origination workflow.
• Use loan origination/underwriting/portfolio management software (Abrigo) to obtain financial statements and required portfolio management/credit administration materials.
• Represent Credit Administration internally and externally, with particular focus on relationship with Business Banking partners;
  May present certain reports to senior and executive management.
• Maintain awareness of changes to the regulatory/audit environment and recommend corresponding changes in policies and procedures, as necessary.
• Maintain the Credit Administration procedures manual.
• Assist with selection/hiring staff appropriate for any vacant Credit Administration role(s); identify team and individual training/coaching/development needs and cultivate the annual credit training syllabus; prepare performance reviews and conduct performance review sessions; make compensation and promotion recommendations.
• Support the Chief Credit Officer in the preparation and submission of required financial and board reports on a timely basis.
• Oversee the execution of established appraisal process with internal and third‑party entities, as applicable.
• Collaborate with Business Banking colleagues to anticipate and respond to credit needs of customers and prospects;
  Visit/call customers and prospects with or without Loan Officers to conduct necessary due diligence.
• Assist with obtaining required credit administration materials, including financial statements and other due diligence materials, and ensure appropriate financial information is entered into loan…