Regional Credit Administrator

About the role

Reporting to the Central Washington Regional President, the Regional Credit Administrator is responsible for assuring that the credit risk inherent in the regional loan portfolio is managed within established parameters set by the Chief Credit Officer (CCO), Credit Policy Committee (CPC) and Commercial Division leadership.

Responsibilities

• Develops and implement controls and procedures to assure the quality of area’s loan portfolio.
• Maintains and interprets written loan policy and procedures for all bank loans.
• Develops and implements procedures for early detection and monitoring of potential problem credits and potentially adverse credit granting and administrative practices and behavior.
• Takes appropriate steps to ensure corrective action is taken by team leaders and lending officers.
• Serves as the most senior level credit approval authority for the region up to the Regional President.
• Approves credit accommodations within lending authority and recommends larger commitments to the appropriate level of approval.
• Provides recommendations for lending authority for Relationship Managers and Team Leaders in the region to the Regional President and Chief Credit Officer.
• Identifies deteriorating loan situations in his/her area of responsibility in order to assess loss potential early in order to minimize losses.
• Provides direction and guidance to team leaders and lending officers concerning loan workout matters.
• Works closely with corporate special assets group, attorneys, management of borrowers, other creditors and Bank lending personnel to review and restructure credit and repayment terms, and better secure collateral or otherwise establish recourse to other borrower assets against the possibility of charge off.
• Provides recommendations to senior loan executives about structuring and reviewing credits to reduce fundamental weakness in the Bank's loan policies.
• Works closely with team leaders and lending officers in the analysis, structuring and pricing of more difficult credit requests.
• Ensures adherence to credit policies and rate guidelines so that loan quality and profitability standards are met.
• Participates in the relationship team’s business development activities.
• Integrates effective Internal Controls into all applicable work processes.
• Maintains a working knowledge of Internal Controls with particular attention to Key Controls.
• Is responsible for ensuring that updates to Internal Controls documentation are performed timely when there are changes in the risk parameters and/or workflow.
• Conducts customer and prospect calls with relationship officers to enhance existing relationships and attract new customers.
• Provides training programs and materials to improve loan officer analytical and loan management skills.
• Provides regular communications to keep loan officers abreast of current topics in Credit Administration.
• Provides a high level of priority to:
  • Improvement in Bank’s overall credit risk profile
  • Meeting Bank’s Credit Quality Targets
  • Reduction of non-performing assets
  • Timely and accurate loan reporting
• Develops and implements procedures for financial statement analysis and reporting.
• Ensures quality and consistency of loan reporting.
• Coincides follow-up to monthly loan review exceptions and reports corrective action to Regional President, Commercial Division or Regional President.
• Performs compliance and risk management duties as required or assigned.

Qualifications

• College degree in Business Administration, with preferred emphasis in finance, accounting or related fields.
• Minimum of 10 years of progressively responsible banking experience; specifically including credit administration, loan workout and loan production experience.
• Experience in reviewing credit for construction lending and commercial real estate lending is a plus.
• Realistic approach to problem solving with a high degree of common sense.
• Demonstrated ability to quickly focus on key issues and make decisions under pressure of time constraints and/or incomplete information.
• Well developed 'people skills' to efficiently manage and direct the individuals reporting to this position and influence the behavior of those that do not.
• Able to work with a minimum of supervision; self-directed.
• Strong communications and negotiating skills, both written and oral; position requires extensive communication with subordinates, senior management and executive management.
• Strong ability to quickly assess primary and secondary sources of repayment from distressed borrowers.
• Strong ability to identify material issues and facts and make independent and timely decisions.
• Able to work at a high level of productivity and make timely decisions.
• Strong sense of creativity and initiative, especially toward implementing workout plans which maximize recovery to the Bank.
• Strong sense of managing for profitability.

Related Functions

• Member of WTB Credit Policy Committee.
• Assists Commercial Division manager with special projects when requested.

Qualifications

• College degree in Business Administration, with preferred emphasis in finance, accounting or related fields.
• Minimum of 10 years of progressively responsible banking experience; specifically including credit administration, loan workout and loan production experience.
• Experience in reviewing credit for construction lending and commercial real estate lending is a plus.
• Realistic approach to problem solving with a high degree of common sense.
• Demonstrated ability to quickly focus on key issues and make decisions under pressure of time constraints and/or incomplete information.
• Well developed 'people skills' to efficiently manage and direct the individuals reporting to this position and influence the behavior of those that do not.
• Able to work with a minimum of supervision; self-directed.
• Strong communications and negotiating skills, both written and oral; position requires extensive communication with subordinates, senior management and executive management.
• Strong ability to quickly assess primary and secondary sources of repayment from distressed borrowers.
• Strong ability to identify material issues and facts and make independent and timely decisions.
• Able to work at a high level of productivity and make timely decisions.
• Strong sense of creativity and initiative, especially toward implementing workout plans which maximize recovery to the Bank.
• Strong sense of managing for profitability.

Benefits

Washington Trust Bank offers a comprehensive benefits package to support your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. For an overview of our benefits, please visit here. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race, religion, sex, gender identity, sexual orientation, national origin, age, pregnancy, disability, genetic information and any other protected characteristics outlined by state, federal and local laws. We celebrate diversity in the workplace and actively recruit talent to help reflect the unique communities where we live and work.