Senior Credit Officers at TheJobMag

Summary

The senior credit officer is responsible for the review of the organization’s loan portfolio on a continuing basis in order to prevent loss; assure documentation is in compliance with loan committee approvals and ensure internal compliance objectives are met. 

Job Description

• Oversee the full range of managerial duties for the loan review, compliance, collections and credit analysis functions including adherence to policies and practices of the organization.
• Implement a system of credit analysis and quality assurance for loans made as required by board directives.
• Examine files periodically for assurance of credit and collateral documentation, regulatory compliance and loan policy conformance; review technical exceptions and deficiencies.
• Prepare written analyses on all large loans, aggregate lending vs. indebtedness for individual borrowers, complex loans and weak loans.
• Identify problem loans, make recommendations for assignment of loans to review loan list that is reviewed quarterly with the board; discuss the status of problem loans with the CFO and senior lending officers and may make recommendations regarding the future credit information needs.
• Provide quarterly analyses of the adequacy of the allowance for loan and lease losses for board discussion.
• Prepare periodic board reports.
• Prepare periodic studies of various portions of the loan portfolio including past due reports, concentrations of credit, etc. for the benefit of supervisory and executive officers.
• Evaluate and recommend policy changes based on compliance or loan reviews and the dissemination of other pertinent facts.

Skills Experience

·         Bachelor’s degree in a related field.

• Minimum 4-5 years experience in bank lending, loan review and/or compliance and loan review/compliance procedures and policies.
• Financial Management.
• Problem Solving/Analysis.
• Presentation Skills.
• Technical Capacity.