Job Details

Resource Bank

Position Summary

This position reports to the Chief Credit Officer and is responsible for analyzing loan packages to determine the degree of risk involved in extending credit. This position is responsible for confirming risk ratings on loans, offering appropriate conditions for loan closing or monitoring, reviewing appraisals, reviewing loan documentation as it pertains to regulatory issues, and ensuring all credit underwriting functions associated with the transaction are addressed in an appropriate fashion. This position also assists the Chief Credit Officer with various tasks related to maintaining the bank's overall credit portfolio.

Essential Functions

• Maintain current knowledge of general economic conditions and the effects on the loan portfolio.
• Generate financial ratios using computer programs to evaluate customers' financial status.
• Analyze credit data and financial statements of individuals or entities to determine the degree of risk involved in extending credit.
• Review loan packages submitted for approval and approve/deny loans, up to a designated authority, or recommend appropriate actions to the Chief Credit Officer.
• Write list of appropriate conditions to be met prior to funding a newly approved loan.
• Manage construction funding department.
• Responsible for working with the Chief Credit Officer of the bank in preparing audit answers, policy changes, and recommendations.
• Assist in monitoring and facilitation of the disposal of OREO and OAO assets, collection and litigation as assigned.
• Prepare reports that include the degree of risk involved in extending credit or lending money.
• Attend Loan Committee, Sales Meetings and other required meetings as requested by the Chief Credit Officer.
• Prepare monthly Current Expected Credit Loss calculation used to recommend changes to Allowance for Credit Losses.
• Ensure the loan Watchlist remains current and recommend upgrades/downgrades within the loan portfolio.
• Maintain, and update as needed, various credit underwriting models.
• All other duties assigned.

Knowledge and Skills

• Communication - Excellent verbal and written communication skills.
• Interviewing Skills - Strong interviewing skills.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Speaking - Talking to others to convey information effectively.
• Time Management - Managing one's own time and the time of others.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

Attributes

• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Written Comprehension - The ability to read and understand information and ideas presented in writing.
• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Written Expression - The ability to communicate information and ideas in writing so others will understand.
• Near Vision - The ability to see details at close range (within a few feet of the observer).
• Speech Clarity - The ability to speak clearly so others can understand you.
• Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
• Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.

Working Conditions

The work for this position is conducted in an office environment and the requirement for travel is limited. Travel for training and meetings may be required from time to time.

Experience and Education

Bachelor's Degree in Business Administration with a major in Finance; Over 10 years of lending/underwriting experience preferred.

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