Loan Administration Assistant Manager

Position Summary:

Responsible for assisting the Vice President of Loan Administration, Credit Officer and Chief Credit Officer in the daily and long-term operations of the department, including day-to-day decisions.  Maintain a full knowledge of the credit department and lending process.  Supervises the work of the credit department with regard to accuracy and depth of analysis.  Assists with the management of credit analysts that compile financial summaries and perform annual credit reviews in order to support and evaluate loan underwriting, administration, and credit risk within the bank’s loan portfolio. Maintain knowledge of Credit Policy. Responsible for the daily supervision of department employees and personnel administration duties of assigned staff.  Create a teamwork environment in fulfilling the department objectives. Conducts relationships and activities consistent with established Bank policies, procedures and systems, the corporate code of conduct, Bank Secrecy Act and all applicable State and Federal laws and regulations.

Essential Duties And Responsibilities:

Responsible for assisting the Vice President of Loan Administration, Credit Officer and Chief Credit Officer in the daily and long-term operations of the Credit department, including day-to-day decisions. 

Assist the Vice President of Loan Administration with the supervision of the Credit department.  Guide and develop the credit department activities, training, and work assignments.

Manage the workflow needs of the department and assign all requested reviews/financials spreads to the credit analyst team in a manner to provide the greatest efficiency.

Complete annual credit reviews on major or complex loans, including those with deteriorating credit situations, and make recommendations for improving the bank’s position if necessary. 

Assess and compare the attributes of a credit relationship to loan risk rating definitions and provide a well-supported rating recommendation.

Consult with loan officers on specific loan situations and calls problem loans to their attention.

Report to President/CEO, CCO, Credit Officer, Vice President of Loan Administration and loan officers the results of annual credit reviews, including irregularities; recommending additional documentation, collateral, and other ways in which to improve the loan portfolio and strengthen the customer’s credit standing. 

Oversee and recommend upgrades and improvements to bank’s loan review policies and procedures; ensure that changes to these policies and procedures are implemented as necessary.

Manage and provide regular reports to the Vice President of Loan Administration on the bank’s credit department activities including, but not limited to, the completion of annual reviews within designated guidelines. Offer recommendations and actions to improve loan strategies when necessary.  Manage special projects as assigned.

Oversee the hiring, training, and development of credit department staff, ensuring training on credit department policies and procedures.

Coach, develop and inspire staff to maximize their potential.  Serve as a role model for the other analysts by projecting a positive example & attitude and by creating a teamwork environment in fulfilling the department objectives.

Maintain a relationship with credit associations and keep informed of changes in laws and regulations pertaining to loan review.

Ensure thorough knowledge and understanding of compliance and regulatory issues relating to loan policy and procedures (i.e. CRA, Fair Lending, etc.) evidenced by appropriate application of these regulations in day-to-day operations.

Understand and maintain a thorough knowledge of Central Bank’s services, operations, and organization; communicate this understanding to others when appropriate and refer inquiries and correspondence to the proper department or individual.

Complete or attend all required training.

Additional Duties And Responsibilities:

Assist others as needed. The position may be assigned other duties and responsibilities and may be assigned work or training at other assigned locations.

Qualifications

Position Requirements:

Preferred Bachelor’s degree in accounting, finance or related field or equivalent combination of education, training and experience that provides the required knowledge, skills, and abilities.

Minimum of 12 hours of accounting preferred.

Minimum of five years of experience as a credit analyst, bank examiner or related position preferred.

Knowledge of current bank lending procedures and policies, lending regulations (state and federal), lien laws, collection/bankruptcy regulations, and loan documentation.

Ability to analyze financial statements and loan risk.

Possess good judgment skills. Ability to make decisions within prescribed guidelines, research and solve problems, handle confidential information, and manage multiple tasks.

Ability to read, write, and speak English.

Excellent verbal, listening and communication skills. Strong customer relations skills and ability to work with employees and customers in a cooperative manner. Ability and desire to work as part of a team, and with people of diverse backgrounds.

Strong organizational skills and attention to detail.  Must be able to work independently, have a great degree of initiative. Willingness to assume additional responsibilities/duties/projects as they arise.

Ability to operate office equipment including PC’s, calculators, telephones, voicemail, and printer/copy/fax machines.

Must be proficient with Microsoft Word and Excel. 

Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.