Commercial Credit Manager

Overview

Under the direction of the SVP of Commercial Banking, the Commercial Credit Manager is responsible for the management of the credit analysts and the credit administration function.

Also responsible for financial analysis and underwriting of complex credits for business loans within policies and guidelines.

The manager aligns with industry and market conditions and recommends changes to credit policy and procedures while maintaining the risk rate model.

Responsible for credit related audits and exams.

Key Responsibilities

• Lead a team of credit analysts on loan originations, renewals, and reviews.

• Evaluate the creditworthiness of potential business members by analyzing financial statements, credit reports, and other relevant data.

• Work with Commercial Relationship Managers to evaluate credit profile and appropriately structure loan requests based on risk assessment.

• Review and approve credit applications based on Lending Authority Policy.

• Conduct real estate appraisal, environmental and inspection reviews in accordance with applicable guidelines.

• Manage vendor relationships including the administration of the loan origination/portfolio management system, LoanVantage.

• Primary contact for credit related audits and examinations.

• Manage US SBA guaranteed loan program

Core Skill Competencies

• Communication: Clear and effective communication skills, both written and verbal.

• Leadership: Proven ability to lead and inspire a team, with a track record of achieving business goals and driving performance.

• Team Performance: Monitor and evaluate the performance of the team, providing regular feedback and assessing goals and development plans.

• Member Focus: Commitment to delivering exceptional member service and enhancing the member experience.

• Risk Management: Identify and mitigate risks for the CU. 

• Regulatory Knowledge: In-depth knowledge of federal, state, and local regulations related to residential lending.

• Compliance: Knowledge of financial regulations and standards.

• Budget Management: Experience in budgeting and financial management, with the ability to manage and optimize resources.

• Technical Proficiency: Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Physical Demands

• Ability to sit for extended periods while working at a computer.

• Occasional lifting and carrying of files, documents, and office supplies (up to 20 pounds).

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or a related field.

A master’s degree or professional certification (e.g., CPA, CFA) is a plus.

• Ten or more years of experience in commercial credit analysis.

• Knowledge of Federal, NCUA and State of NH banking regulations.

• Advanced knowledge of credit enhancement programs (i.e.

SBA, NHBFA, and CDFIs).

• Strong understanding of credit principles, financial analysis, and risk management.

Equal ...