Credit Officer - Asset Based Specialty Lending

Credit Underwriting & Approval

Independently analyze and underwrite commercial credit requests, including new originations, renewals, modifications, and extensions across assigned portfolios (e.g., Asset Based Lending and Specialty Lending (FINCO)).
Approve credit exposures within assigned lending authority and provide recommendations for higher-level approvals as required.
Ensure credit structures, covenants, collateral, and conditions appropriately mitigate identified risks and align with Bank policy.

Portfolio & Risk Management

Maintain ongoing oversight of assigned loan portfolios, including risk-rating accuracy, covenant monitoring, financial statement review, and early-warning indicators.
Identify adverse trends, concentrations, and emerging risks; escalate concerns and recommend corrective actions or risk mitigants as appropriate.
Participate in periodic portfolio reviews, stress testing, and sensitivity analyses to assess downside risk exposure.

Problem Credit Management

Partner with Relationship Managers and Special Assets to manage criticized and classified relationships.
Participate in problem loan identification, action planning, workout strategies, and timely risk-rating changes.
Support Problem Loan Committee discussions and documentation as required.

Governance, Policy & Regulatory Support

Ensure compliance with Credit Policy, loan documentation standards, and applicable regulatory guidance.
Participate in internal loan reviews, audits, and regulatory examinations related to assigned portfolios.

Collaboration & Leadership

Act as an independent risk voice while maintaining a constructive, solutions-oriented partnership with business line leaders.
Provide guidance and mentorship to Relationship Managers, Portfolio Managers, and junior credit staff on underwriting standards and risk management best practices.
Contribute to continuous improvement initiatives related to credit processes, portfolio monitoring tools, and underwriting standards.

Other Job Duties & Responsibilities

• Exercises independent credit judgment within delegated authority levels.
• Accountable for the quality, accuracy, and timeliness of credit analysis and decisions.
• Responsible for appropriate escalation of elevated risks, policy exceptions, and deteriorating credit conditions to senior credit leadership.
• Assists in the development of new business for Firstrust.
• Is alert to expressed customer/prospect needs to suggest appropriate services.
• Directs customers to appropriate person to establish business relationships.

Physical And Sensory Requirements

While specific duties vary, a bank credit officer must be able to remain in a stationary position (sitting and/or standing) for extended periods while performing desk-based tasks such as reviewing financial statements, analyzing credit requests, and completing computer work.
The role also requires the ability to operate standard computer equipment (keyboard, mouse, and monitors) to input and retrieve information and to evaluate credit reports and related data;
communicate effectively with customers, management, and staff regarding credit decisions (including speaking and listening, with or without assistive technology);
move throughout the workplace to access files and attend meetings;
and maintain visual acuity sufficient to read and analyze detailed information on documents and computer screens.

Education, Training & Experience

• Bachelor’s degree in finance, Accounting, Business, or a related field preferred or comparable experience.
• Minimum 7–10 years of progressive commercial credit experience, including direct underwriting responsibility and portfolio management for commercial loan portfolios.
• Demonstrated experience managing risk across one or more asset classes (Asset Based or Specialty (FINCO).
• Strong working knowledge of commercial lending products, credit policy, and regulatory guidance (FDIC / OCC / Federal Reserve).
• Proven analytical skills, including cash-flow analysis, global debt service coverage, collateral evaluation, and sensitivity analysis.
• Demonstrated ability to exercise independent credit judgment while effectively partnering with business line stakeholders.
• Excellent written and verbal communication skills, with the ability to present complex risk assessments clearly & succinctly to senior management and committees.