Job Overview
The Senior Credit Officer will review and approve commercial lease transactions within prescribed credit authority for the Healthcare segment.
Responsibilities include but are not limited to :
Primary :
- Approve commercial credits within prescribed credit authority (Industrial, and Healthcare markets) to support the Healthcare business segment and assist with the industrial business segments transactions.
- Monitor compliance with HCC Credit Policy and any applicable bank regulations.
- Work with Account Executives in structuring appropriate credit facilities for existing clients and new customers.
- Review (and sponsor as needed) credits submitted for Credit Committee approval.
- Mentor lenders and underwriters concerning the bank's credit culture, policies and procedures(structuring of commercial loans and leasing transactions).
Secondary :
- Analyze monthly credit metrics and develop Credit Risk Assessment analysis for monthly Board meeting.
- Attend periodic meetings including HCC Watch and Criticized Loan and Credit Committee Meetings etc.
Other CRM Duties :
- Conduct credit-related projects at the direction of Highland Chief Operating Officer.
- Participate in establishing and maintaining Credit Policy and related procedures and guidelines.
- Conduct credit assessment of commercial lease portfolios as part of due diligence efforts for potential acquisitions.
Required Skills :
- Strong command of financial accounting including knowledge of Financial Accounting Standards Board (FASS) guidance affecting financial reporting such as FAS 5, FAS 13, FAS 95, FAS 114, FAS 141.
- Ability to analyze complex financial statements and assess business cash flow.
- Ability to analyze personal tax returns, personal financial statements and assess an individual's net worth, liquidity and cash flow capacity.
- Knowledge of corporate organizational structures and the impact of these structures on federal tax liability.
- Knowledge of the fundamental risk factors associated with a broad array of industry sectors (e.g., manufacturing, healthcare, packaging, plastics and printing) and assess these risks as part of the overall credit risk assessment and decision process.
- Ability to effectively communicate credit concerns and formulate alternate loan / lease structures to business unit Vice President, department heads and senior management.
- Ability to properly identify the key credit risks and reach a prompt and well thought out credit decision.
- Knowledge of loan / lease documentation requirements for all types of commercial loan and lease products utilized in the equipment leasing market.
- Strong knowledge of relevant banking regulations including Regulation B, Regulation 0, AML / BSA , OFAC.
Required Experience :
- Bachelor's Degree in a business-related discipline and a minimum of 7 years' credit experience in middle market involving loan and leasing transactions with substantial credit authority.
- Credit Management experience in at least one of the following areas : underwriting, portfolio management , lease / loan servicing, lease / loan administration or loan documentation.
- Masters degree / MBA and formal credit training preferred.
8 days ago