Hybrid Business Banking Unit Credit Officer presso None

Purpose: The BBU Credit Officer manages, organizes, and controls the scoring and underwriting of commercial lending activities up to $750,000 for the bank. This role regularly directs and supervises all aspects of the BBU function, in conjunction with the BBU Credit Manager and ensures the maintenance of the highest level of quality and profitability of the bank’s scored and scored plus commercial loan portfolio. The BBU Credit Officer provides guidance and assistance to BDOs, commercial relationship managers and branch managers and approves loans within lending authority and participates in the development and review of bank lending policies and procedures in conjunction with the BBU Credit Manager. In this role, you will coordinate with other departments in the development and implementation of tactical plans and objectives for the bank.

Ensures that the activities of the Business Banking Unit are in compliance with all laws and regulations, bank policies and procedures, and are in line with the bank’s strategic plans and objectives as established by the Board of Directors and executive management.  Acts as BBU Credit Manager in the BBU Credit Manager’s absence.    

Essential Functions:

• Quality and Profitability of Scored and Scored Plus Commercial Loan Portfolio
  1. Approves and rejects loans within lending authority and recommends approval of loans on an exception basis. 
  2. Reviews financial statements and completes cash flow analysis.
  3. Small Business Administration (SBA) subject matter expert and administers the SBA program for the bank.
  4. Works with Internal Loan Review and the BBU Credit Manager to ensure the validity, accuracy, timeliness and consistency of the Loan Risk Rating process for the BBU portfolio.
  5. Participates with the BBU Credit Manager and Chief Credit Officer in setting underwriting standards, loan products, facility structure, pricing parameters (while evaluating risk and return) to ensure competitiveness in the marketplace.
• Support of Business Development Efforts
  1. Assumes leadership role and coordinates with BDOs, and branch personnel to develop skills in analyzing and booking high quality earning assets. 
  2. Ensures effective turnaround time on all BBU loan decisions. 
• Develops, Implements and Maintains Credit Policies and Procedures
  1. Assists BBU Credit Manager in staying up to date with the changing legislative and regulatory climate.
  2. Assists BBU Credit Manager in ensuring that the Credit Standard Operating procedures and other manuals affecting the BBU lending function are updated and kept current.
  3. Assists BBU Credit Manager in the establishment, monitoring and maintenance of all requirements as established by the company for Sarbanes Oxley. 
  4. Keeps up to date with all SBA programs and guidelines and communicates to the applicable personnel.
• Training and Communication
  1. Provides ongoing support and guidance to branch managers in all aspects of small business lending protocol. 
  2. Assumes leadership role in training and providing technical information to branch personnel.
• Performs other duties, as assigned. 
• Acts as backup BBU Credit Manager when necessary.
• Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders.   Incorporate the high-performance behaviors of teamwork, leading by example, and service in every facet of work.

Job Related Qualifications:

Required:

• Education:  Bachelor’s Degree in Finance, Business, Economics or related field. 
• Prior Experience: 3+  years’ of commercial credit experience in the  banking / financial industry. 
• Licenses or Accreditation: N/A

Competencies:

Physical Requirements:

• Able to regularly sit for prolonged periods of time.
• Able to regularly stand for prolonged periods of time.
• Able to lift 10 lbs.
• Able to travel:
  • occasionally
• Extensive computer usage is required.
• Ability to work:
• Evenings
  9. Occasionally
• Weekends
  1. Occasionally

Benefits:

• Medical, Dental, and Vision Insurance
• Health Savings Account
• Flexible Spending Account(s)
• Company Paid Life Insurance, Long-Term Disability, and Short-Term Disability
• Voluntary Offerings: Life, Critical Illness/Specified Disease, Accident, Hospital Indemnity & Personal Accident
• Tuition Reimbursement
• Employee Referral Program
• Wellness Reimbursement Program
• Star Volunteer Program
• Employee Banking and Financial Perks
• Flexible Hybrid Work Schedule
• Paid Time Off (PTO)
• Company Paid Holidays

 This job description is not exhaustive.  The Business Banking Unit Credit Officer  may be required to perform other duties as assigned.

The expected rate of pay for this position is shown above.   Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained.   Market and organizational factors are also considered.  In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.