Responsible for the management of an assigned community bank lending portfolio, including evaluation of ongoing credit risk, capacity to repay and adequacy of collateral.
· Ensure timely performance (including payments, collateral insurance coverage and tax payments) and acceptable deposit account management for assigned customers
· Request updated financial information as needed
· Conduct site visits and/or customer calls as dictated by policy
· Regularly review accounts under management for credit quality, documenting current obligor performance, collateral adequacy and the impact of industry and competitive dynamics and economic events on creditworthiness
· Review loan documentation for compliance with approval and Bank policy and assist customer with understanding loan terms and conditions
· Assign appropriate credit risk grades based on the regular analysis
· Identify early warning signs of financial and/or operational deterioration or weakness that may lead to future collection issues and raise these to management’s attention
· Monitor financial and non-financial covenant compliance
· Underwrite for renewal or modification existing credit exposure as needed
· Underwrite new credit opportunities as may be assigned
· Identify opportunities for additional credit or other services to customers
· May provide guidance in the financial and/or industry analysis to credit analysts or underwriting assistance for more complex transactions
· Works on projects and/or initiatives within the credit and lending areas as required
· Demonstrated excellent problem solving skills
· Strong analytical and quantitative skills
· Strong working knowledge of industry risks, issues and metrics
· Ability to produce professional, concise and accurate work product
Job Type: Full-time
Pay: $80,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Tuition reimbursement
- Vision insurance
Experience level:
Physical setting:
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Ability to commute/relocate:
- Norwalk, CT 06850: Reliably commute or planning to relocate before starting work (Required)
Education:
Experience:
- Portfolio management: 4 years (Required)
- Credit analysis: 4 years (Required)
Work Location: In person