Credit Officer - Wichita, United States - Equity Bank

Description

Position Opening:
Credit Officer


Department:
Credit Administration


Reports to:
Regional Credit Officer


Location:
Wichita, KS


Salary:
FT Salary

Responsibilities and Expectations

• Commercial Credit Underwriting
• Reviews credit analysts work to ensure quality and consistency across the department.
• Reviews credit presentations and discusses the credit requests / annual reviews with the Lender & Credit Analyst prior to submission to Committee.
• Ensures that credit presentations are accurate and complete, including sufficient financial analysis.
• Credit Administration
• The Credit Officer along with the Senior Credit Manager, Credit Managers, Special Assets Manager and Chief Credit Officer, will work in conjunction to establish and maintain credit administration policies, underwriting guidelines and credit procedures.
• Works with the Lenders and Market Presidents on developing action plans and strategies on pass rated credits needing additional attention. May include site inspections and client meetings with the Lenders.
• Identifies and initiates corrective action on credit problems.
• Ensures the timely identification and reporting of Loan Policy exceptions.
• Monitors the tracking, compliance and enforcement of loan covenants.
• Monitors the tracking and remediation of loan documentation exceptions.
• Monitors the tracking and remediation of financial statement exceptions.
• Works with Lenders and Special Assets Manager on maintaining past due loans within acceptable limits.
• Be cognizant of economic and industry trends in order to maximize opportunities and minimize risk.
• Ensure that the credits have been assigned the proper risk rating by the loan officer and or loan committee(s).
• Assists the CCO in the due diligence process in M&A transactions.
• Regulatory/Audit Relations
• Assists CCO and CRO with examination and audit processes to ensure a smooth experience and positive results.
• Assists the CCO with FDICIA key controls.
• Maintains open communication with regulators and auditors, advising them of major issues and seeking advice when necessary.
• Approvals
• Approves consumer, mortgage and commercial loans within prescribed authority limits.
• Bank Management
• Supports and implements Directors' and Senior Management decisions.
• Provides constructive input and ideas to improve the bank's credit quality and performance.
• Represents the bank in a professional manner in the community.
• Credit Analyst Training and Development
• Challenges credit analysts to pursue professional and personal growth opportunities.
• Assists the Senior Credit Manager in the training and development of the credit analysts.

Understands and follows the applicable laws and regulations for job responsibilities including but not limited to:

• Equity Bank Business Ethic and Conduct Policy;
• Bank Secrecy Act ("BSA");
• Information Security;
• Suspicious Activity Report ("SAR");
• Reg. "O";
• Reg. "B";
• Fair Lending.
• Perform other duties as assigned or required.

Required Skills & Education

• Bachelor's Degree, or equivalent experience, required. Emphasis on Business, Finance & Accounting.
• Five to seven years of banking experience, as a credit manager, credit officer, commercial lender or equivalent experience.

The Credit Officer will have a thorough understanding of:

o Loan Policy, underwriting guidelines and credit procedures.

o Commercial loan types and their uses in loan structuring.

o Commercial loan documentation including security documents (UCCs, Security Agreements, Real Estate Mortgages).

o Real estate appraisals and evaluations.

o Environmental reports.

o Governmental Guarantee Programs including:
US Small Business Administration / USDA / Farm Service Agency.

o Specialized Lending - Hotels, Construction & Development, Franchise Restaurants, Non-Owner Occupied CRE.

o Legal process including:
Bankruptcy, Foreclosure, Repossession.

o Regulatory compliance.

The above statements are intended to generally describe the nature and level of work to be performed by most people assigned to this job.

It is not intended as an exhaustive list of all responsibilities, duties, and requirements.

Physical Requirements

This position requires standing, walking, bending, and squatting on a regular basis. May require the ability to stoop, kneel, crouch or reach with hands and arms. Requires the ability to carry, lift, move or push up to 10 pounds on an occasional basis. Must be able to talk and listen to others. Frequently uses hands and fingers to handle or feel.

Requires ability to see up close and distant, distinguish colors, peripheral vision, depth perception and the ability to adjust focus.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

This position regularly works in an office setting.

Most of the job duties require the employee to be working with computers and electronic media on a regular basis.

Equity Bank is an equal opportunity employer and will not make employment decisions based on an applicant's race or skin color, national origin or ethnicity, religious beliefs, age, sex, physical or mental ability.