Sr. Commercial Loan Credit Officer – To $100K – Hybrid Remote – Job # 3320

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our Michigan bank client is seeking to fill a Hybrid Remote Sr. Commercial Loan Credit Officer role. The selected candidate will be responsible for providing leadership and support of all credit department operations.

This position offers a competitive salary of up to $100K and a full benefits package. (This is a remote position).

Sr. Commercial Loan Credit Officer responsibilities include:

• Leading the credit team and supporting loan products, policies, and procedures that ensure the overall quality of the Bank’s lending portfolio.
• Ensuring high-quality credit analysis on individual loans, portfolio stress testing, and calculating monthly allocations to the Loan Loss Reserve (ALLL/CECL).
• Key member of the bank’s leadership team and serves on various committees, including Officer’s Loan Committee and Pricing Committee.
• Assisting in meeting annual loan growth goals assigned by senior management and the Board of Directors.
• Assisting in coordinating external loan audits, including regulatory examinations.
• Reviewing large and complex loans prior to their submission to Officer’s Loan Committee; reviews consist of making recommendations on loan structure, terms, and pricing so as not to expose the Bank to undue credit risk.
• Organizing and distributing credit information covering loan quality trends, growth indicators, and loan product concentrations; working closely with the credit team in reviewing economic trends and assessing the impact on the Bank’s loan portfolio.
• Managing stress testing of the loan portfolio using the Bank’s primary loan origination system software.
• Ensuring that individual loans are risk rated correctly when reviewing loans for Officer’s Loan Committee approval.
• Supervising the Bank’s special assets area in curing weak credits, collection of such credits, or the movement of such undesirable credits; assists in the compilation of loan status reports and implementing respective loan action plans; prepares a report re-aging the status of the Bank’s special assets for submittal to the Board of Directors for review.
• Presenting and discussing loan information submitted to the Board of Directors for review, including the ALLL/CECL calculation, graded loan reports, and other loan quality information and trends.
• Assisting in maintaining relationships with the SBA and supporting requests with various guaranteed loan programs when it strategically benefits the bank and the borrower.
• Provides competent credit analysis for commercial lending activities of the Bank’s lending department and provide assistance in the administration of commercial borrowing accounts.
• Evaluates the financial condition of individuals and businesses applying for credit with Bank Michigan.
• Prepares spreadsheets, financial spreads, reports, summaries and opinions for Bank Michigan Officers on new, renewal and existing loans.
• Conducts loan file review.
• Provide administration to oversee the compliance of laws and regulations as they apply to the Bank.
• Evaluates the financial condition of individuals and businesses applying for credit with the Bank.
• Provides more in-depth analysis and is able to identify trends.
• Oversees, provides guidance/training and directs the work of the Credit Analysts.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelor’s degree (BA) or equivalent from a 4-year college or university.
• Ten or more years of related work experience must consist of a financial/credit analysis and lending.
• Management experience required.
• Heavy experience with C&I lending required.
• Loan workout and SBA experience preferred.
• Completion of formal bank management
• executive school or financial industry-related degree program preferred.
• Ability to create and analyze credit presentations, business correspondence, loan policies, and loan procedures.
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com