Associate - Direct Commercial Real Estate

Primary Accountabilities

• Production Activities:
  • Support the Team Leader and Loan Officer to review new loan requests from existing and prospective CRE borrowers.
  • Provide support for Loan Officers efforts to generate new commercial mortgages and construction loans.
  • Assist Loan Officers to proactively address upcoming loan requests.
  • Review and analyze the borrower’s financial information and financial condition.
  • Order appraisal reports, order environmental reports, prepare guarantor global cash flows, and access other internal and external sources of information.
  • Recommend appropriate loan structures to meet the needs of both the customer and the Bank.
  • Accompany Loan Officer on prospect and customer calls to develop research/business development and negotiation skills.
  • Prepare Credit Approval Memorandums with clear, concise, and timely loan request presentations.
  • Review commitment letters, order loan documents, review loan documents, schedule document signing, provide signed documents to Documentation Center for booking, review tickler inputs, and coordinate borrowers opening bank deposit accounts through BCSC.
  • For loan draw requests, review construction loan draws and inspection reports and review line draws for approval and any applicable collateral releases.
  • Participate in Bank-sponsored community events.
  • In the absence of the Loan Officer, manage the Loan Officer’s responsibilities in the Lending Team.
• Portfolio Management:
  • Manage the Lending Team’s loan portfolio to minimize exceptions and maximize compliance.
  • Proactively contact borrowers and guarantors for updated financial information.
  • Arrange to import financial information into Info Access on a timely basis.
  • Aids Loan Officers with management of assigned loan portfolios.
  • Verify the accuracy of tickler items in Info Access.
  • Prepare waivers and extension memorandums for tickler items prior to tickler due dates.
  • Review and analyze financial statements and tax returns upon receipt from the customer.
  • Input financial statements into Baker Hill Statement Analyzer as applicable.
  • Proactively manage and diligently monitor CRE loan delinquencies and maturing loans.
  • Provide updates and timely comments for CRE monthly loan portfolio review reports.
  • Review and prepare Memorandums for EDR collateral screen follow-up actions as required.
  • Complete the Criticized Asset Check List requirements for loans downgraded to 7 or worse.
  • Prepare covenant compliance tracking reports.
  • Support the Team Leader and overall CRE goal of maintaining 60+ days past due ticklers below 10%.
  • Contribute to and support CRE achieving satisfactory annual audit ratings and FDIC examination reviews.

Minimum Qualifications

• Education: Associate I/II/III: High School Diploma or GED equivalency required. Bachelor’s Degree from an accredited 4-year university, preferably in Accounting, Finance, or Economics preferred.
• Experience: Associate I: 4+ years of experience in Commercial business or commercial mortgage lending and/or commercial mortgage underwriting/structuring/analysis required. (A bachelor’s degree can substitute for 2 years of work experience.) Associate II: 5+ years of experience in Commercial business or commercial mortgage lending and/or commercial mortgage underwriting/structuring/analysis required. (A bachelor’s degree can substitute for 2 years of work experience.) Associate III: 6+ years of experience in Commercial business or commercial mortgage lending and/or commercial mortgage underwriting/structuring/analysis required. (A bachelor’s degree can substitute for 2 years of work experience.)