Deputy Chief Credit Officer

Overview

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 Deputy Chief Credit Officer to join our Credit Administration team. This individual will be responsible for supporting the Chief Credit Officer in oversight of all credit administration activities for the Credit Administration Department, including management of analysts, oversight of the Bank's commercial underwriting software, assigning and managing Credit Administration workflow, reviewing and editing analysts' written work and maintenance of the Bank's third party commercial real estate reporting.

Work Hours:

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

• Review and edit analysts’ written work, including underwriting, portfolio management, and risk rating recommendations.
• Credit oversight for construction portfolio; oversight of additional portfolios, such as small & medium sized business underwriting & approval, and portfolio management.
• Maintenance of the Bank’s third party commercial real estate reporting, including appraisals and appraisal reviews & environmental reports.
• Collaborate with Business Banking loan officers regarding loan structuring and negotiation, as needed.
• Develop new products and services, including recommendations for underwriting policies and procedures, as necessary.
• Using breadth and depth of credit knowledge, including experience with auditors, loan reviewers, and bank regulators, maintain asset quality in a safe and sound manner, ensuring Bank policies and procedures are safe, sound, and compliant with regulatory and accounting guidance.
• Produce portfolio management reporting for executive management and the board of directors, as necessary.
• Assist with production of the Bank’s quarterly Allowance for Credit Losses and the related documentation.
• Supervise, train, and mentor Credit Administration analysts.
• Underwriting:
  Partner closely with customer-facing Business Banking and sales personnel to anticipate and respond to credit needs of customers and prospects; visit or call customers and prospects with or without sales personnel to gather data and ask questions regarding credit needs.
• Review Credit Administration workflows and assign transactions to analysts based on current portfolio responsibilities, analyst experience, and other factors.
• Ensure analysts spread financial statements appropriately based on accounting guidance and appropriate credit analysis techniques; train analysts on proper financial statement spreading as needed.
• Review analysts’ written work and credit analysis to ensure adherence to Bank Lending Policy and regulatory guidance, as well as safe and sound underwriting practices; provide coaching and development to analysts, as needed.
• Ensure borrower, collateral, and guarantor analysis are accurate and appropriately mitigate the risk in the prospective transaction.
• Ensure credit memos and other written work is completed within acceptable time frames and meet deadlines required by the relevant credit approval delegation; ensure that draft credit memos are delivered to all necessary parties with enough time for review and comment by Senior Lending Committee and executive management.
• Ensure loans are structured to mitigate risks and to gain internal credit approval.
• Identify and analyze risks and develop mitigating factors; determine and recommend risk rating within the Bank’s Lending Policy.
• Ensure pricing strategy meets the Bank’s profitability hurdles.
• Utilize approval authority to approve facilities within the required delegation; ensure that credit facilities are documented and closed according to the approval.
• Proactively identify and recommend cross-sales opportunities.

• Support Chief Credit Officer by overseeing the daily operations of the team.
• Ensure the efficiency…