Credit Officer II-Dealer Financial Svs

Job Description

This position is responsible for managing, monitoring, and documenting credit risk for a portfolio of clients. It includes monitoring changes in credit profiles, ensuring compliance with credit agreements, structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum, assessing risk solutions aligned with the bank's risk appetite, and coaching and leading team members.

• Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury.
• Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business, including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actions.
• Acts as a senior coverage team resource supporting ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses while identifying opportunities to responsibly grow the loan portfolio.
• Leads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partners.
• Negotiates and structures legal documentation related to loans and derivatives.
• Establishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client's credit life cycle.
• Trains, coaches, and mentors Credit Analysts and Associates.
• Serves as a key member of the Commercial Client Team in handling the clients financial needs, ensuring that the overall client experience is favorable, and that the bank is in a position to expand the relationship.
• Working closely with the client team, the role of the Credit Officer in the credit process is the guidance and oversight of underwriting, structuring, and documentation of credit requests on an assigned portfolio.
• Includes an evaluation of the financial standing of the client or prospect and the appropriateness of the existing or proposed credit structure, and suggests any changes to help optimize the relationship.
• Underwrites and structures complex credit transactions with minimal oversight.
• Some travel time with face-to-face interaction with our dealer clients.
• Involved in the negotiation and closing process for transactions in portfolio.
• Oversees the monitoring of their assigned portfolio to maintain credit quality, and to ensure timely recognition and management of any changes via the use of the bank's proprietary risk rating tool, and the review of various compliance, exception and past due reports.

• Minimum of 7 years commercial credit underwriting and analysis with a commercial bank or OEM captive finance organization.
• Strong knowledge and comprehension of loan and collateral documentation.
• Ability to accurately analyze borrower's financial picture and deliver a comprehensive risk analysis to manager and risk officers.
• Confidence and ability to develop an independent viewpoint and present a business case to support conclusions.
• Excellent relationship management skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus.
• Coaching and mentoring skills.
• Strong Microsoft Office Skills.

• Minimum of 10 years commercial credit underwriting and analysis with a commercial bank or OEM captive finance organization in the auto retail space. Direct customer-facing experience in a goal-oriented environment.
• Bachelor's degree in Finance or Accounting.

• Analytical Thinking
• Credit and Risk Assessment
• Financial Analysis
• Loan Structuring
• Underwriting
• Attention to Detail
• Business Acumen
• Financial Forecasting and Modeling
• Research Analysis
• Written Communications
• Business Development
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Stakeholder Management
• Coaching
• Decision Making
• Hiring and Onboarding
• Credit Documentation Requirements
• Oral Communications
• Risk Management
• Change Management
• Client Solutions Advisory
• Executive Presence
• Organizational Effectiveness

1st shift (United States of America)

40

US - MA
- Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY
- Buffalo - 10 FOUNTAIN PLZ (NY7101)

$99,000.00 - $ annualized salary, offers to be determined based on experience, education and skill set.

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

This…