Credit Products Officer II (C&I Specialty)

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Pre-screening Activities (10% of time)
  • Determine Risk Ratings
    • Confirm the Industry Risk Rating (IRR) and Hold Limits as well as determine Borrower's Risk Rating (BRR) using the tools / matrices provided by the bank.
    • Prepare Spreads
      • Prepare spreads in Moody's Risk Origins (C&I) to aid Relationship Manager and Line Management in determining whether to move forward with a request.
• Underwriting Activities (40% of time)
  • Determine financial information requirements
    • Work with the Relationship Manager to obtain all necessary information to underwrite the credit request.
    • Aid in preparation of the Pre-Approval Memorandum
      • Prepare the financial portion of the pre-approval memorandum to assist Relationship Manager in obtaining concurrence to issue a Term Sheet to a prospective borrower.
    • Determine due diligence requirements
      • Prepare due diligence request for items needed to fully underwrite the credit request and forward to Loan Closing Officer for ordering of due diligence items (lien, credit, UCC, OFAC, etc.).
    • Perform borrower financial analysis
      • Review and analyze borrower financial information including: corporate financial statements, tax returns, and accounts payable and accounts receivable aging to determine borrower financial condition and develop cash flow analysis.
      • Perform guarantor financial analysis
        • Review and analyze personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine financial strength of guarantor.
        • Review and analyze all 3rd party reports
          • Obtain all 3rd party reports and include findings in analysis of financial condition of borrower or guarantor.
          • Identify and mitigate risks
            • Work with Relationship Manager to identify and mitigate all risks and disclose in the credit approval memorandum.
            • Collaborate in credit structuring
              • Work with the Relationship Manager to structure credit requests that serve the best interest of the customer and bank.
              • Determine borrower, guarantor and facility risk rating
                • Complete all required risk rating models and analyses.
                • Complete Credit Approval Memorandum and electronic approval memorandum
                  • Draft approval narrative in MS Word and enter the deal into the approval system (e-CAM).
                  • Assemble approval package
                    • Ensure that the approval package is complete and all supporting schedules / documents are included.
                    • Preview with the RM and Line Management for any corrections or changes.
                    • Deliver the Approval Package to Credit Products Manager (CPM), Senior Credit Products Manager (SCPM) or Managing Director of Credit Products (MDCP) depending on Corporate Approval Model
                      • Obtain affirmation of the credit package and support of the credit request.