SUMMARY
Manages the Credit department including staff, credit projects and identifying process improvements and efficiencies, including development and communication of policies and procedures to ensure the overall quality of the Bank's loan asset portfolio.
ESSENTIAL JOB FUNCTIONS
- Complies with all Eagle Bank policies, procedures, performance and cultural standards and expectations, as well as state and federal regulations.
- Fosters a positive environment by modeling cultural expectations of accountability, inclusion, flexibility, continuous improvement and collaboration as a results driven leader with an optimistic, can-do attitude.
- Interviews, hires, orient, coaches, trains and evaluates staff. Collaborates with Human Resources on recruitment and retention strategies and employee relations. Selects and provides for the continuing development of staff to ensure effective succession planning.
- Performs and reviews analysis on credit requests, prepares and/or reviews proposals outlining loan terms, financial structure, borrower and industry analysis, and offers recommendations regarding credit worthiness to the appropriate approval authority.
- Ensures risk and mitigating factors are clearly discussed and policy exceptions are described, supported and reported.
- Facilitates loan reviews, provides risk rating recommendations, and ensures that financial statements in credit files remain current.
- Drafts management responses to applicable audits and regulatory exams for review/approval.
- Evaluates the loan portfolio and analyzes and developing trends.
- Provides support for the Allowance for Loan and Lease Loss Reserve (ALLL) and makes recommendations to executive management and/or the Board of Directors for monthly allocations to the Loan Loss Reserve.
- Ensures analysis of financial statements utilizing the Bank’s statement spreading software is performed accurately and when applicable.
- Manages the selection of appraisers and commercial appraisal review function, ensuring the appraiser meets the requirements of the assignment, as well as verifying the report is accurate and unbiased.
- Prepares Bank’s annual budget for the Credit department
- Assists in the preparation of monthly and quarterly reporting.
- Reviews delinquency reporting, providing recommendations to the Loan Quality Committee.
- Participates in several committees involved in the management of the Bank, including Risk Management and Loan Quality Committee.
OTHER DUTIES AND RESPONSIBILITIES
- Other duties as assigned.
COMPETENCIES
- Accurate/Detailed Oriented – Is precise and accurate and pays attention to details; double checks work before passing it on.
- Action Oriented/Proactive – Enjoys working hard, is action-oriented and full of energy, seizes opportunities, expresses opinions and initiates ideas, is engaged in the process, is proactive in helping others, and takes tasks and runs with them.
- Trustworthy/Confident – Creates, builds and maintains a strong sense of trust and confidence with others, empowers others, treats others fairly and truthfully, values the opinions of others, acts with tact and diplomacy, models organizational values, and words and actions are consistent.
- Flexible/Adaptable – Understands things can change, adapts quickly to change, is willing to listen to other opinions or ways of doing things, and will embrace constructive change even if it is personally difficult.
- Self-Aware/Motivated to Grow Professionally – Is aware of own strengths and areas for development, values constructive feedback from others, works to overcome limitations, and continuously looks for ways to develop skills.
- Team Player/Collaborative — Works cooperatively with others, makes efforts to include others in the team, encourages all to participate in discussion, celebrates wins together, contributes to achieve a common objective, communicates well, makes decisions that benefit the team, and assists others when needed.
- Integrity/ Leads by Example – Adheres to an appropriate and effective set of core values and beliefs during both good and bad times, acts in line with those values, rewards the right values, practices what he/she preaches, seen as a truthful and trusted individual, and keeps confidence.
POSITION SPECIFIC REQUIREMENTS
- Bachelor’s degree required with concentration in Business, Accounting or Finance preferred.
- Proficient use of computers and technology required (i.e. Internet, PCs, tablets, smartphones, MS Office, etc.); proficient working knowledge of financial spreading software.
- Minimum seven years’ banking credit experience required.
- Minimum five years’ management experience required.
- Proficient working knowledge of credit, market research and financial statement analysis techniques required; demonstrated ability to write professional, comprehensive and easy to understand business reviews including financial models required.
- Ability to practically apply lending/credit mathematics principles/concepts, etc. required.
- Ability to adapt to changes in the work environment, manage competing demands and deal with frequent change, stress and/or unexpected events.
WORKING CONDITIONS/PHYSICAL DEMANDS
- Ability to communicate orally and in writing, alphabetize and collate.
- Ability to proofread and check documents for accuracy.
- Ability to enter words and data into a computer.
- Ability to lift supply boxes and bend/reach to file records.
The essential job functions for this position may be performed remotely at Management’s discretion.
The above statements are intended to describe the general nature and level of work being performed by people assigned to do this job. The above is not intended to be an exhaustive list of all responsibilities and duties required.
*External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.
EOE/AA/M/F/Vet/Disability
Member FDIC/Member DIF
Equal Housing Lender
Job Type: Full-time
Pay: $88,000.00 - $123,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Retirement plan
- Vision insurance
Work Location: In person
