Bank of the West Sr. Credit Products Officer, Commercial Real Estate Professional in Sacramento, California
Sr. Credit Products Officer, Commercial Real Estate Professional
Job Description Summary
Responsible for contributing to credit portfolio quality and processing of requests for credit extension with extensive focus on credit relationship portfolio management and credit underwriting activities with the relationship management team. Analyzes, underwrites and recommends decisions on credit requests generated by relationship managers from commercial companies. Monitors, tracks and manages the credit portfolio with the goal of minimizing credit losses and maintaining compliance with credit review policy while keeping the office manager current on any credit issues that require attention. As a seasoned lender, takes primary responsibility for managing the credit needs of a portfolio of 15 or more commercial banking relationships.
Essential Job Functions
Supports unit's growth and profitability through underwriting credit requests and proactively monitoring credit portfolio.
Together with Relationship Manager, takes primary responsibility for managing credit needs of a portfolio of 15 or more commercial banking relationships providing consultative underwriting advice, credit analysis, and ongoing monitoring of credit products and services to meet customer's needs and minimize credit losses to the Bank.
Develops innovative credit solutions to meet customer/prospect credit needs.
Works closely with other CBG Departments (e.g. Cash Management, Capital Markets, Equipment Leasing, Trade Finance), and other major areas of the Bank to manage the risk of complex financial products and services.
Ensures development and preparation of effective proposals for presentation to existing and potential customers.
Participates, oversees, and assists in the preparation of CRRs, recommending credit facilities by signing final document. Ensures credit facilities and transactions are properly structured, priced, and documented.
Ensures quality control and risk management of relationships managed. Identifies, classifies, and monitors problems or potential problem loans in compliance with the internal credit review policy. Tracks and monitors receipt of financial reporting and covenant compliance certificates. Attempts to collect on accounts that are delinquent including negotiating payment schedules, obtaining proper pre-approval if required.
Interacts with Credit Administration, Appraisal, Legal, and other related Bank personnel regarding issues of credit quality, appropriate compensation for risk, as well as new business and related trends.
Other Job Duties
Views credit quality as personal obligation; exhibits independent judgment; ensures balanced loan presentations; responsible for on-going account monitoring; proactive in problem detection/resolution; maintains balance between growth and credit quality.
May act as a specialist for the Bank in specific industry. Keeps current on all economic and other issues impacting industry.
Performs other duties as assigned.
Bachelor's Degree and/or equivalent work experience
Requires 7 years’ minimum experience in underwriting commercial real estate & subdivision loans/portfolios
Requires deep knowledge of job area typically obtained through advanced education combined with experience.
Knowledge of commercial lending policies, procedures, practices and documentation.
Knowledge and ability to analyze financial statements, tax returns and cash flow.
Equal Employment Opportunity Policy
Job: Business / Commercial Banking
Location: United States-California-San Francisco
Other Locations: United States-California-San Ramon, United States-California-Sacramento, United States-California-San Jose
Requisition ID: 057038