The Senior Credit Officer (SCO) is responsible for supporting the bank's 'Statement of Credit Risk Appetite' and Loan Policy and Procedures. The SCO supports the maintenance and review of lending policies and procedures, provides credit support services to all commercial business lines, and advises and guides lending officers and corporate leadership.
Requirements
- Assists with the administration of the adjudication and loan portfolio management
- Informs the Chief Credit Officer and Deputy Chief Credit Officer of any material considerations
- Advises and guides lending officers and corporate leadership
- Supports loan officers on more complex and larger loans
- Assists in the training of loan officers
- Works to ensure loan services are provided to loan officers
- Recommends actions to be taken on loans
- Ensures Watch List properly captures all problem credits
- Personally handles large, complex problem accounts
- Works with the Credit Analysis Department to assess risk and prepare materials
- Works with the Secured Credit Department on all aspects of collateral administration
- Supports the direction of the risk rating and the review of underwriting
- Reviews, drafts and recommends policies and procedures for lending and credit administration
- Produces reports and materials for the Board of Directors
- Provides critical inputs needed for the preparation of the Allowance for Credit Losses (ACL)
- Coordinates specific work tasks with other personnel
- Maintains a wide range understanding of bank terminology, process, and products
- Assists auditors and management in the development of process for maintaining business walk-throughs
- Has familiarity with regulatory guidelines for key processes
- Interfaces as needed and assists in representing the bank with regulatory authorities and external auditors
- Assures on an ongoing basis the timely completion full and interim credit risk assessments
- Responds to loan review, internal reports, Committees and Regulators
- Assists in the preparation of the budget for Credit Administration annually
- Performs the quarterly risk assessment to determine the level of credit risk
- Performs due diligence in relation to bank mergers and acquisitions
Benefits
- Generous Paid Time Off
- 401k Matching
- Retirement Plan
- Visa Sponsorship
- Four Day Work Week
- Generous Parental Leave
- Tuition Reimbursement
- Relocation Assistance
