Position Summary: This position is responsible for underwriting and monitoring a portfolio of small business loans to ensure that credits booked to the loan portfolio adhere to the Bank’s Credit Policy, are properly risk graded and are adequately reserved based on observable data.

• Maintain current knowledge of banking laws and regulations necessary to evaluate credit risk
• Underwrite and decision Small Business purpose loans to include:
  • Assist retail loan officers with the input of Small Business Loan Applications
  • Prepare credit analysis and/or cash flow analysis for portfolio management loans and new commercial loans as needed
  • Preparation of Financial Spreadsheets
  • Global cash flow analysis
  • Assemble financial information as required to support small business loans submitted for new credit and renewal, such as personal credit bureau reports, business credit reports, current business status through the SCC and other documentation needed to assess borrowers’ ability to repay debt.
  • Written analysis of loan requests for the purpose of determining likelihood of unimpeded repayment and assessing credit risk
  • Notify the Loan Officer of the credit decision including the structure, terms and conditions of the loan
  • Risk grade assignment
  • Collaborate with the retail loan officer on the negotiation of the loan terms
  • If loan is approved, prepare a Loan Summary Sheet for recordation of approvals
  • If loan is declined, generates an adverse action notice from LaserPro and send to the borrower within required time frames
  • Provide guidance and coaching to the retail loan officers on small business lending
• Monitor existing small business loan relationships to evaluate credit risk and to assess compliance with loan agreements and credit policy.
• Complete Bank Reports, as requested.
• Perform other such duties as assigned.
• Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices

• Bachelor’s degree or equivalent in business, finance, accounting, or related field preferred
• Completion of Commercial Credit Course offered by Virginia Banker’s Association or similar institutions
• Minimum of three years commercial credit analysis or commercial lending experience with small business emphasis
• Experience in analyzing business financial statements, corporate tax forms, and partnership tax returns
• Experience in analyzing personal financial statements and personal tax returns

• Superior analytical skills
• Ability to make informed prudent credit decisions
• Ability to handle confidential information is a professional manner
• Ability to organize and maintain accurate records
• Ability to effectively identify problems and recommend appropriate solutions
• Ability to effectively multi-task, work under pressure, and meet tight deadlines with minimal supervision
• Ability to effectively communicate with bank personnel of all levels, bank clients, auditors, and outside vendors
• Excellent written and oral communication skills
• Excellent computer skills relevant to Microsoft Office Suites (i.e. Word, Excel, Outlook)

• Continuous remaining in a stationary position, particularly, but not limited to, at a desktop computer
• Frequent visual review of electronic documents
• Frequent periods of high volume work with tight deadlines
• Continuous repetitive use of hands/arms; particularly concerning typing, writing, phone & computer use
• Continuous communication: verbal and written, in-person, phone and electronic

• Office setting

Experience

• Experience in analyzing personal financial statements and personal tax returns
• Experience in analyzing business financial statements, corporate tax forms, and partnership tax returns
• Minimum of three years commercial credit analysis or commercial lending experience with small business emphasis
• Completion of Commercial Credit Course offered by Virginia Banker’s Association or similar institutions

Education

• Bachelors or better

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)