204 - Commercial Underwriting East Potomac - Regional Credit Officer

For more than a century, First United has served the financial needs of our personal and business
customers throughout Maryland, West Virginia, Virginia and Pennsylvania. We care about our communities,
seek to understand what drives our customers and create customized solutions to meet their needs.
Our mission is to enrich the lives of our customers, coworkers and shareholders through an
unparalleled commitment to the client experience and passionate involvement in the community.

Job Reporting Relationships

 

            Supervised by:             Chief Credit Officer

 

            Supervises:                  Credit Analyst I & II, Senior Credit Analyst & Administrative Analyst

 

Basic Qualifications

 

Education/Training:  A Bachelor of Science or Bachelor of Arts degree in Accounting, Finance or related field of study is preferred.  In lieu of a bachelor’s degree consideration will be given to individuals with a High School Diploma and a minimum of seven years of directly related commercial lending or commercial underwriting experience.  Specialized education, training and certification in financial analysis, credit risk, appraisal review, and lending normally required; obtain and maintain appropriate Bank Product Knowledge Certification.

 

Skill(s):  Advanced reading, writing, grammar, and mathematics skills; advanced interpersonal relations and effective communicative skills; advanced knowledge of current lending, appraisal, and loan review regulations and banking regulations, procedures, and operations; advanced ability to analyze and interpret complex financial statements; advanced risk rating skills; advanced loan structuring, covenanting and conditioning skills;  advanced knowledge of concentration risk and pricing philosophy; strong PC skills, including spreadsheet software and loan management software; advanced time management skills; technical supervisory skills sufficient to provide guidance and training to Credit Analyst I & II(s), Senior Credit Analyst(s) and Administrative Analyst(s); visual and auditory skills; valid driver’s license.

 

 

Experience:  A minimum of seven (7) years of related commercial underwriting or commercial lending experience with a minimum of two (2) years of supervisory experience normally required.

 

 

 

General Responsibilities

 

The Regional Credit Officer is responsible for ensuring an effective and efficient commercial credit underwriting function by coordinating work within the department to meet the expectations of our existing and future business customers; managing the Credit Analysts I & II, Senior Credit Analysts, and Administrative Analysts; providing detailed financial, market and industry analysis; assessing credit risk within both proposed commercial loan requests and existing commercial loan portfolio; providing analysis and reviewing the Bank’s top aggregate commercial relationships; managing the Bank’s commercial appraisal process to assure compliance with regulatory requirements; providing alternative solutions through structure, conditions and covenants to mitigate risk; ensuring the department's compliance with operating policies and procedures and outside regulatory requirements; effectively communicating with both internal & external bank customers; providing periodic report; and providing on-going training & support to retail branch associates.

 

Essential Duties

 

 

1. Coordinates workflow of commercial loan & ACH proposals, relationship reviews, loan maturities, and renewals for the Bank’s commercial loan customers including those serviced by the both retail branch staff and commercial lending staff.  Work is distributed among assigned personnel based upon complexity & turnaround time frames.

 

2. Communicates with commercial lending staff during the vetting process of prospective loan requests, attends client calls and aides in assessing the Bank’s credit appetite for deals to facilitate sound credit decisions.

 

3. Manages analysis quality to assure for consistent, superior quality narrative financial analysis including but not limited to discussion of financial condition, cash flow & balance sheet trends, ratio analysis, loan pricing review, peer & industry comparisons, and collateral assessment.

 

4. Assesses loan proposals for Bank and Regulatory policy compliance.  Assures all exceptions are appropriately identified and addressed within loan presentations.  Approves properly mitigated policy exceptions within designated lending authority.

 

5. Provides alternative recommendations to loan structure, covenants and conditions to mitigate credit risk.

 

6. Approves loans and ACHs within designated lending authority.

 

7. Communicates with and provides recommendations for loan requests to Senior Management Committee.

 

8. Responsible for the credit quality of participated loan arrangements and monitoring & reviewing existing / proposed syndicated or participated loans.

 

9. Oversees the risk ratings for their assigned region/team. Monitors reports including but not limited to the Criticized Asset Reports, maturing report and delinquency reports and attends watch list and other credit portfolio risk meetings to support the ongoing risk management of the Bank.

 

10. Manages the annual relationship review process for the Bank’s top aggregate commercial loan relationships, large revolving commitments and ACHs.  Analyzes financial trends, payment history, compliance to loan covenants, and market / economic conditions to assess ongoing credit risk and evaluates / provides recommendations for risk ratings and renewals of open commitments and ACHs.

 

11. Develops and maintains the commercial appraisal review process and completes review of complex commercial appraisals.  Stays abreast of related regulations, provides related recommendations to loan policy, and does associated research as assigned.

 

12. Provides recommendations to stream-line commercial approval process and parameters to Director of Credit Administration & Lending Risk and Chief Operating Officer.

 

13. Provides commercial loan process, procedure, loan structuring, policy and compliance training for retail branch associates.

 

14. Directly supervises assigned personnel while assisting in the selection of new associates as appropriate.

 

15. Makes provisions for the proper orientation and training of new personnel.  Reviews employee performance throughout probationary period and on a regularly scheduled basis thereafter.

 

16. Keeps personnel informed of pertinent policies and procedures affecting the department and/or their jobs; creates atmosphere in which upward communication from employee is encouraged.

 

17. Oversees, maintains and monitors compliance with regulations, policies and procedures that relate to the credit quality function.  Provides recommendations for updates to the loan policy and loan procedure manuals.

 

18. Manages the administration team assigned to commercial loan processing system and provides recommendations for enhancements to automated systems to facilitate efficiencies in commercial lending/underwriting function.

 

19. Meets with applicable Commercial Relationship Manager–Team Leaders and Market Presidents to assess efficiencies and training needs in assigned market areas.

 

20. Communicates with appropriate committees, the Chief Operating Officer, Director of Credit Administration & Lending Risk, Commercial Relationship Managers, other department managers, and appropriate staff personnel to integrate goals and activities.

 

21. Implements strategies to achieve goals assigned to the department as established in the Bank’s annual strategic plan; assists in the development of the annual budget for the department and adheres to budget parameters.

 

22. Directly supervises the work (1) one or more employees assigned to support this position, including:

 

1. Participates in the selection process for new employees as appropriate.
2. Coordinates the requirements for new employees to attend orientation and training.
3. Establishes annual performance goals and development plans. Provides coaching and feedback, and reviews employee performance on a regularly scheduled basis.
4. Organizes, schedules, and distributes work among assigned personnel.
5. Maintains communication with employees informing them of pertinent policies and procedures affecting the department and/or their jobs; creates an atmosphere in which upward communication from employees is encouraged.
6. Administers personnel policies and procedures as established by bank policy.

 

23. Prepares various portfolio reports and works on special projects as assigned by management.

 

24. Maintains a good working relationship with bank employees within Credit Quality and other departments.  Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.

 

 

25. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the work place.

 

26. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.; ensures that the department and all personnel adhere to the same.

 

27. Performs other related duties as assigned.

 

 

 

Ancillary Duties

 

1. Actively represents the Bank in public relations and related community activities.

 

2. Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

 

3. Provides coverage in absence of Senior Credit Analyst – Team Leader.

 

 

 

Job Location            

 

Operations Center and various outside locations

 

 

 

Equipment/Machines

 

1. Telephone
2. Automobile
3. PC/Computer keyboard
4. Printer
5. Fax machine
6. Copy machine
7. Calculator

 

Full Time Employment Benefits: Fulltime hourly-paid employees will be provided 12-days of Paid Time Off (PTO), that is accrued 1-day for each month worked.  After the completion of 90-days of employment accrued PTO can be used for any purpose including being paid for absences or vacation time. At the end of the first year of employment, any unused PTO will be converted to the employee’s sick time accrual.  Sick time will begin accruing effective on the employees first year anniversary up to 120 days.  At that point, PTO is no longer available; and any paid absence will be eligible under the sick, vacation, personal and family sick pay policy. After one year of service the employee is eligible for their annual vacation benefit.

Salaried-paid employees are not eligible for PTO and accrue paid sick days at 1-day per month; and any vacation time that has been approved for the 1^st year of employment.

12 paid holidays, 2 Personal days, 2 Family Sick days, 2 Volunteer Days after completion of 90 days of employment.  Eligible for Health Care, Dental and Vision (single and family) the first of the month following 30 days of full-time employment. 401(k) eligible on the first day of the month following 30 days of employment with employer match available. Company Wellness Program. Company Stock program available after 1 year of employment. Annual Performance Reviews completed, and salary increase amount given based on individual performance.

                                          

This position is salary and not eligible for overtime.

 

Salary Range

Minimum:  $66,700

Maximum:  $146,700

 

 

 

                 

 

First United Bank & Trust is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. First United Bank & Trust is a drug-free workplace.