Credit Officer II-Asset Based Lending

Responsibilities

• Partners with relationship management and product partners to assess clients’ credit needs and create solutions
• Leads loan structure conversations and negotiates loan documentation with clients and internal/external legal partners
• Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications
• Led ongoing monitoring efforts for a portfolio of clients in compliance with regulations, policy and procedure
• Drives the growth of funded loans and revenue while mitigating risks, maintaining asset quality and adhering to regulatory requirements
• Serves as an escalation point for complex credit transactions
• Mentors and supports associates
• Manages a portfolio of asset-based structured loans in the general industries space
• Proactively identifies credit solutions and opportunities to grow funded loans and spreads
• Actively monitors financial and collateral trends and recommends appropriate action
• Review requests for loan modifications
• Analyzes financial performance, negotiates credit terms, drafts proposals, reviews and negotiates loan documents, and oversees preparation of recommendations for approval
• Participates in building client relationships
• Handles both performing credits as well as distressed/turnaround credits, including managing accounts through restructuring and bankruptcy processes

Qualifications

• 10+ years’ experience in asset-based lending, commercial banking, or private credit
• Sound understanding of credit, transaction structuring, and financial and collateral analysis
• Detailed understanding of legal documentation
• Ability to draft concise, accurate and clear credit approvals with minimal oversight
• Meet regularly with clients to growth the relationship, understand their needs, address concerns, and work through issues in a timely and effective manner
• Partner with relationship managers and product partners across the bank to support responsible business growth and deliver client solutions