AVP, Senior Credit Administrator

Description

The Senior Administrator is a hands-on credit professional responsible for originating-support, independent underwriting, and portfolio risk management across three core lending verticals: (1) High-Net-Worth (HNW) lending (including unsecured personal lines), (2) Commercial Real Estate (CRE: bridge/transitional, stabilized, and construction light), and (3) Commercial & I: rediscount lines, owner-occupied, asset-based and cash-flow lending). The role produces timely, high-quality credit analyses and credit memos, structures bank-safe terms and covenants, and partners with Relationship Managers (RMs), Credit Admin, and Loan Operations to seamlessly close loans and manage ongoing loan portfolio risk.

• Underwrite unsecured and partially secured HNW credit (e.g., Premier lines, term loans), using global cash-flow, liquidity, asset composition, and contingent liability analysis.
• Evaluate and document “abundance-of-caution” pledges (e.g., real estate, marketable securities, life insurance, art/collectibles) for incremental support, perfection practicality, and liquidation pathways while preserving the contractual “unsecured” posture.
• Build tailored structures (limits, amortization, covenants, borrowing bases if applicable), with stress testing (rate shocks, market value haircuts, income variability).
• Coordinate with rest of bank for relationship profitability, cross-sell, and quarterly relationship reviews.

• Underwrite for bridge/transitional, stabilized income-producing, and select renovation loans: sizing, DSCR analysis, LTV/LTC, exit feasibility, and sponsor track record.
• Assess rent rolls, leases, operating statements, and borrower business plans; build pro-forma and stress test cases with sensitivity tables (rents, cap rates, vacancy).
• Direct third-party due diligence: appraisals, environmental, property condition, legal/zoning, and lease reviews; reconcile variances and translate to terms/covenants.
• Recommend recourse, guarantor support, and covenants (DSCR, LTV, Re-margin, liquidity and net worth) consistent with policy and current market risk.

• Underwrite owner-occupied and operating-company credits using complete analysis of borrower and its operations, sales, margins, profitability, cash flow, and debt service coverage, working-capital cycles, collateral (A/R, inventory, M&E, RE), and management depth.
• Structure lines/term loans considering working capital gap analysis, borrowing-base mechanics, standard covenants, and monitoring (BBC cadence, field exams, appraisals).
• This business line also includes rediscount lending and lender finance. Such lending and underwriting requires a deep knowledge of structuring, eligibility requirements, assessing appropriate advance rates and
• Evaluate customer concentration, supplier risk, contingent liabilities of guarantor, and industry cyclicality; document mitigants and exception rationales when appropriate.

• Produce excellent credit memos that articulate complete financial analysis of the business, 3 sources of repayment, key and unique risks/mitigants, collateral, structure, covenants, and conditions to close.
• Present to internal credit committees; obtain required approvals within delegated authorities and accelerate as needed.
• Ensure loan documentation reflects approved terms; coordinate from time to time with counsel on notes, guarantees, UCCs, assignments, and any pledge documents (even when AoC).
• Maintain alignment with applicable policy, OCC guidance, Reg B/equal credit considerations, and fair lending/UDAP expectations.
• Drive accurate and consistent risk ratings, concentration…