There are important qualities you look for in an employer meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we're proud of the premier workplace we've created. We regularly receive best in class results through our biennial employee engagement survey. We're also proud to receive recognition from others, including our designation as a "Best Place for Working Parents®," being a four-time recipient of the Greater Des Moines Partnership's Inclusion Award, and being named one of the "Best Businesses Supporting Local Charity" by readers of the Business Record.
Job Summary:
The Senior Credit Officer (SCO) reports directly to the Chief Credit Officer and plays a key role in the credit approval process and overall portfolio management for their assigned portfolio(s). This position will be the primary contact for commercial lenders, underwriters, and senior leadership for all new, renewals, and/or modifications of credits within assigned portfolio(s). As such, the SCO will be entrusted to maintain strong asset quality to ensure credits are within Bank's risk appetite, meet Loan Policy and Guideline parameters and are property structured and managed. The SCO will take a leadership role in the development and management of the commercial underwriting teams. This position shall serve as a voting member of the Bank's Senior Loan Committee.
Primary Functions and/or Responsibilities:
Works with Commercial Relationship Managers and credit staff to properly structure credit requests that mitigate risk while supporting Smart GrowthIdentifies and mitigates the Bank's overall credit risk, which includes, but is not limited to, commercial and digital transmission of funds (ACH, IP, wire, remote deposit and ECL)Independently decisions credit requests within granted individual authority, multi-party authorities and as member of Senior Loan Committee (SLC)Oversees and provides active management of the Bank's credit underwriting functionDevelops and implements strategic initiatives that promote optimization and a scalable departmentManages and develops staff to ensure consistent credit guidance and loan quality standardsAssists CCO in monitoring portfolio performance, identifying emerging risks and recommending risk mitigation strategiesParticipates in projects as directed by the CCO as a credit subject matter expertContributes to the development and periodic review of the Bank's Loan Policy and Loan GuidelinesServes as Vice-Chair of Senior Loan CommitteeServes as the primary commercial representative on the Enterprise Risk Management Committee (ERMC)Serves as a member of the Allowance for Credit Losses (ACL) CommitteePerforms other duties as assignedEducation and/or Experience:
Bachelor's degree in Finance, Economics, Accounting, or related field requiredAt least twelve years of experience in commercial credit, including 7+ years with credit approval authority requiredAt least five years of experience in personnel management and supervision requiredSpecific Skills, Knowledge & Abilities:
Ability to train, develop and mentor commercial credit staff to analyze, identify and mitigate credit riskAbility to structure credits and make timely credit decisionsStrong knowledge of loan documentationStrong knowledge of commercial lending products, such as SWAP's, letters of credit, treasury products. etc.Ability to provide early identification of problem credits and develop action plan strategiesBenefits
Group Health, Dental, and Vision InsuranceGenerous Paid Time Off (PTO)Volunteer Time Off (VTO)401(k) plan with lucrative company matchTuition assistanceCompany Paid Life InsurancePaid Parental LeaveLifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.Team Member Banking - a suite of products and services with special benefits for employeesHybrid Eligibility: Position may be eligible for a hybrid work schedule (requiring some days in the office each week).
EQUAL OPPORTUNITY EMPLOYER
"PROTECTED VETERANS" AND "INDIVIDUAL WITH DISABILITY"
