Credit Officer I - Small Business

Job Description
The Small Business Credit Officer I analyzes, underwrites and may acts as the final decision authority on small business loan applications while following sound lending practices, policies and procedures. The Small Business Credit Officer I ensure compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements including but not limited to Fair Lending, Know Your Customer, Bank Secrecy Act and other applicable Anti-Money-Laundering policies.Job Requirements
• May possess loan decision authority up to position authority limits as defined in credit policy.
• Conducts credit investigations and analyzes financial information pertaining to Small Business relationships with Commercial Credit exposure up to Small Business’ highest authority limits.
• Underwrites Small Business Loans and performs historical business financial analysis and cash flows, including communicating with the borrower's accountant (as needed) to gain a better understanding of the company's accounting practices.
• Performs In‐depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing a global cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation/ Fair Isaac output data.
• May investigate available sources of credit and financial information. Researches economic and market conditions relating to the company, industry and market area.
• Notes any deviations from the small business loan policy, procedures and guidelines and identification / mitigation of key credit risks, and decision of appropriate structures in order to reduce credit risk.
• Identifies small business credit applications that require Small Business Administration/Agency credit enhancements and decisions respective applications accordingly.
Qualifications
4 year degree or equivalent experience
• 2-4 years related experience required
• Prior lending authority preferred.
• Strong understanding of credit underwriting and industry practices; previous business and personal financial statement and cash flow analysis required.
• Strong analytical skills, ability to analyze small business relationships.
• Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment when making loan decisions.
• Strong communication skills, both verbal and written.
• Demonstrated excellent organizational, multi-tasking, analytical, time management and decision-making skills.
• Good interpersonal skills and a team orientation; ability to work with various levels of sales and market personnel.
• Advanced PC skills (Microsoft Office).
• Small Business Administration/Agency experience preferred.
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