Credit Review Officer - Houston, United States - Vantage Bank Texas

Description

The position of Credit Review Officer is responsible for evaluating loan quality, operational and financial performance for clients with particular focus on their financial statements; including risk rating credits appropriately and accurately; monitoring for compliance with established policies and standards, as well as GAAP, banking laws, and regulatory requirements; assisting the SCRO in managing Credit Review staffs' review of new and existing clients; maintains awareness of current economic and business trends; and assesses the impact of economic trends on credit portfolios; mentors and coaches credit analysts; assists in the development of credit review procedures; completing projects requested by the SCRO; participating as a nonvoting member on various lending committees (ELC, OLC); suggesting workout alternatives for problem credits.

• The duties listed below may not include all responsibilities that the person in this_ _role may be asked to perform. Incumbent may be required to perform other related duties as assigned._
• Supervises Credit Review staff, providing leadership and direction.
• Assist the SCRO in reviewing the staff's work and edits the documentation when needed.
• Assist management in developing an understanding of the underlying causes of issues identified.
• Build and sustain constructive proactive relationships with Lending/Production and Credit Review staff members.
• Monitor compliance with the bank's loan policy and procedures and provide management with recommendations for revisions to policy and/or procedures when appropriate.
• Communicates adherence to risk policies and processes.
• Embraces change, acting as an advocate and role model and promoting a mindset of continuous improvement.
• Provides support, leadership, and direction to the staff.
• Performs a variety of tasks including projects as requested by Senior Credit Administration Officer. Projects routinely require a wide degree of creativity and latitude.
• Gathers data from lenders, internal and outside sources; prepares spreadsheets, and analyzes financial information including financial statements and tax returns; contacts lenders for additional information and clarification of data.
• Writes financial reviews and reports; makes recommendation on loan structures and terms to loan officers.
• Monitors loans for compliance with bank policies and procedures, as well as US banking laws and regulations.
• Monitors financial and credits exceptions and provides lending officers with a list of exceptions that require correction.
• Participates as a nonvoting member on various lending committees (ELC, OLC). Provides guidance when requested.
• Is familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals.
• Continues to develop knowledge of financial industry; economy; market conditions; rates; vendors; competition; and laws, regulations, and regulatory requirements (bulletins, issuances, etc.).
• Provides an independent risk rating in the loan presentations, which are separate from that of the loan officer.
• Keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
• Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank's goals and values; benefits the bank through outside activities.
• Assists the commercial business banking area and the retail banking centers in the review and renewal of credit facilities; provides backup support.
• Decisions commercial business banking area and the retail banking centers loans within the loan authority defined in Exhibit 1.3 Lending Limits and Credit Approval Authorities.
• Decisions consumer loans within the loan authority defined in Exhibit 1.3 Lending Limits and Credit Approval Authorities.

• These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines._
• Bachelor's degree or equivalent from an accredited college; Concentration in accounting and / or finance preferred.
• 58 years of experience in the field or in a related area and have some specialized training on credit rev