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Senior Credit Officer

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Job Identification Number: 782

Location: New York, NY

Job Type: Direct Hire

Job Category: Financial Services

Qualified candidates, please attach resume when applying.

Our client, a long standing and stable commercial bank seeks a Senior Credit Officer to manage the underwriting and approval process for a large portfolio of Healthcare and Middle Market loans.

 

Reporting directly to the Chief Credit Officer, you will:

  • Carry out supervisory responsibilities in accordance with the organization’s policies and applicable laws.  Responsibilities include interviewing, hiring, training, and retaining employees; planning, assigning, and directing work; setting clear goals and appraising performance on a timely basis.  Maintaining high morale, performance, and motivation for the unit. 

  • Manage the Credit Supervisor and the Credit Underwriting Unit.

  • Assign and monitor credit team workflow and ensure deadlines of the credit team are met and actively managing credit team workflow and addressing/resolving issues such as bottlenecks or missed deadlines.

  • Establish and manage priorities to ensure the effective and efficient accomplishment of the team’s underwriting responsibilities.

  • Provide support and guidance to lending departments with credit target markets related to industries, concentrations, loan structuring and terms and conditions.

  • Participate in screening loans prior to issuance of Term Sheets by the Line of Business. Ensures all analyses and the presentation materials meet the credit guidelines and quality standards.

  • Evaluate and recommend Risk Acceptance Criteria and Credit policies. 

  • Manage the annual Financial Update process and ascertains risk rating accuracy. 

  • Present new transactions to the Commercial Credit Committee.

  • Pro-actively identify loans that should be referred to the Special Assets Unit.

  • Provide guidance to the Special Assets Unit regarding action plans for workout cases. 

  • Serve as a liaison between team and internal, external auditors and compliance.

  • Ensure compliance with the bank’s lending policies, procedures, and guidelines

  • Be expected to personally meet with the bank’s most important customers/borrowers.

  • Play an important role in the due diligence process when the bank evaluates acquisitions of portfolios.

  • Review and sign all credit presentations and requests which are produced within her/his team prior to approval by appropriate authority.  The SCO is also responsible for approving deals within his or her authority. 

 

Requirements include:

  • 10+ years of commercial credit approval experience. 

  • Relevant experience with Health Care and Middle Market segments. 

  • Solid exposure to the financing of business acquisitions; Loan Participations and syndications; Commercial real estate credit experience a plus.

 

 

Qualified candidates should send resumes to ws@rockwood-search.com . Please put your Name and “Sr Credit Officer ” in the subject line and attach your resume in word or PDF document form. Also include contact information, salary requirements and any applicable information in the body of the email.

 

Salary: $200,000 - $275,000 base + bonus