Senior Credit Administrator

Michigan Business Connection, LC

Job Description

Job Title: Senior Credit Administrator

Department: Credit Administration

Reports To: Senior Vice President – Credit Administration

FLSA Status: Exempt

Grade Level: 1200

Hours 7/8:30 am – 4/5:30 pm Monday – Friday*

Location Ann Arbor, MI 48105*, day travel and some overnight travel required

SUMMARY

The Senior Credit Administrator is a seasoned team leader responsible for providing leadership, direction, process development and product review to ensure the quality and integrity of the loan portfolio’s credit risk and portfolio monitoring functions.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Demonstrate enthusiasm for MBC core values: Teamwork, Accountability, Integrity, Innovation, and Leadership.

Monitor and support team efforts to manage and service a portfolio of commercial loan relationships while maintaining, expanding and building relationships, resulting in a high degree of customer satisfaction.

§ Manage personnel, product and process design to quality and responsiveness expectations.

§ Establish self as a resource through development of consultative and advisory relationships with Credit Unions, Credit Analysts, Portfolio Managers, Financial Analysts and various support staff to enhance product and overall portfolio credit quality.

§ Partner with Senior Vice President of Credit Administration to manage various commercial score card items to ensure timely reporting and proper risk monitoring.

§ Demonstrate independent judgment through interpretation of loan documents and interaction with Borrowers and Credit Unions. Partner with team members to provide expertise.

§ Conduct borrower interviews as needed to develop information concerning lending needs, abilities and earnings to determine whether a loan is of acceptable risk.

§ Actively participate with credit unions and borrowers in the negotiation of loan terms and structure requirements.

§ Analyze credit data and financial statements to determine the degree of risk involved in extending credit and provide lending recommendations, which are based on an analysis of borrower’s financial condition, cash flow, capacity, collateral and desire to repay.

§ Monitor information related to borrower performance, abilities, and industry to determine that loan is acceptable; including, but not limited to, statement, covenant and insurance tracking, risk rating updates and administrative loan status reports.

§ Oversee the management of portfolio risk associated with current borrowers, including review of current account status, to include, but not limited to, past due accounts and matured notes, and provide recommendations for such accounts.

§ Prepare documentation required for the processing of loans, review status of existing loans, take appropriate action on loans that are mature or past due and perform loan closings.

§ Prepare reports on loans, including information such as past dues, documentation and collateral exceptions, financial performance updates and portfolio profitability.

§ Utilize spreadsheet programs to generate financial ratios, trend lines, etc. to evaluate existing borrowers’ financial status and their performance against peer groups.

§ Implement strategic and tactical business solutions to enhance the tracking, reporting and management of adversely graded loans to mitigate risk and minimize losses.

§ Review borrower files and portfolio reports to identify and select delinquent accounts for review and/or collection. Participate in collection efforts and determination of loan work out scenarios.

§ Demonstrate continued focus on borrower retention efforts and identify opportunities to expand existing relationships.

§ Assist Senior Vice President of Credit Administration with examinations and regulator requests.

§ Perform other credit and risk management duties as required.

Monitor and support team efforts to produce accurate and timely commercial underwriting.

§ Partner with Senior Vice President of Credit Administration to manage product design and process while seeking opportunities to improve productivity, quality and responsiveness expectations.

§ Maintain knowledge and awareness of NCUA regulations directly impacting new commercial loan originations and portfolio risk management.

§ Demonstrate leadership through the development of consultative relationships with Credit Analysts, Portfolio Managers, Financial Analysts and various support staff to enhance overall portfolio credit quality.

Engage in visible demonstration of senior leadership team member qualities

§ Partner with and provide guidance, training, product review and support to Credit Analysts, Portfolio Managers, Financial Analysts and various support staff.

§ Proactively contribute within MBC beyond respective line of business responsibility through demonstration of leadership and personal action.

§ Proactively engage in industry events and maintain awareness of industry news and happenings through monitoring trade publications, regulatory websites and communications, etc.

§ Engage in business community or social community efforts to reinforce image of MBC or credit unions. The company will support activities with reasonable time and money.

SUCCESS MEASUREMENTS

Success in this position is primarily measured as the identification, maintenance and reporting of timely risk awareness and demonstration of effective action and compliance by the function in the services rendered, as well as the visible demonstration of company values and leadership.

SUPERVISORY RESPONSIBILITIES

The position is responsible for managing analytical staff, directing the activities of others, and providing training and support to team members.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree (B.A. or B.S.) from four-year college or university; or equivalent combination of education and experience. Formal credit training program and ten or more years of commercial credit analysis experience is required.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before members or employees of the organization.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

TECHNOLOGY SKILLS

Strong experience with spreadsheet programs including near expert Excel knowledge and other Microsoft Office solutions.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is a typical office environment.

The noise level in the work environment is usually moderate.

*MBC operates within a flex time environment, allowing reasonable employee discretion in start and end times. Certain functions may be supported from a work at home environment as agreed to by the MBC president.

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Work Location: In person

Salary : $57,730 - $90,352