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    Credit Officer - Wichita, United States - Kansas Employer

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    Description
    This job was posted by : For more information, please see:

    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 banks 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

    Bachelors Degree, or equivalent experience, required. Emphasis on Business, Finance & Accounting.

    Five to sevenyears 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.\

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