SVP Senior Credit Officer

Overview

Small enough to care. Big enough to deliver.

 

This is a senior officer role to oversee the management aspects of the commercial credit approval process including but not limited to analysis, underwriting and related functions.  In conjunction with the Chief Credit Officer and other credit officers in Credit Administration, acts as the reviewer and approver of credit requests from various geographies and commercial banking teams. Provides management of credit analysts and other credit administration personnel as designated.

Responsibilities

• Provides senior management with information/report detail regarding credit information, including various written reports for bank management and the board of directors.
• Provides input, development and review of Commercial Banking policies and procedures, including the formulation of loan policy and amendments.
• Conducts analyses of the bank's credit-related risks, both broad and narrow in scope, through the study of Bank loan data and various economic, industry, and banking trends.
• Assesses total risk pertaining to requests for new or additional credit by new or existing customers, primarily through the analysis of financial statements and credit history.
  • Works with Commercial/Ag Bankers in establishing proper credit structure.
• Underwrites all types of commercial loans through existing loan policy guidelines.
• Approves MidWestOne loans on an as needed basis, per loan policy. Presents to Chief Credit Officer for approval as designated.
• Conducts oral presentations and discussions to/with the bank's lending staff, board of directors, and/or customers.
• Accompanies commercial lending personnel on customer calls as necessary to fulfill duties and responsibilities.
• Participates in the planning process for the Commercial/Ag Banking Division.
• Assists Chief Credit Officer with designated credits and special projects, including, but not limited to, Strategic Plan initiatives, CLOS administration and implementation, etc.
• Ensures that credit is in compliance with Federal and State banking laws and regulations.
• Leads, manages, and provides guidance for credit analysts and portfolio managers, collectively referred to underwriters, in the bank. Reviews structure and workflow of this group.
• Participates on bank and board committees:
  • Member of Credit Committees as assigned by CCO; serves as designated Chairperson of select committees as assigned by the CCO.
  • Member of the Loan Strategy Committee and takes part in all regional past due meetings.
• Facilitates or participate in meetings and other training or communication meetings as required.
• Represents the bank in the community through volunteer and community outreach roles as available.
• Performs other duties assigned.

Qualifications

• Bachelor’s degree or equivalent combination of post high school education and related work experience.
• In addition to education in the field of business or related field, 15 years of related experience and/or training in a commercial credit environment, to include at least 10 or more years in a credit officer role; or equivalent combination of education and experience.

 

Created By : Compensation Range

Compensation

Hiring Pay Range: $210,000 - $235,000 The starting pay range for this position is commensurate with experience. The compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience, and location. MidWestOne Bank offers a competitive benefits package, including but not limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurances, parental leave, and student loan reduction.

The Perks!

• Competitive base compensation with additional performance-based incentives (incentives vary depending on role)
• Career development and continuous learning opportunities
• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more

• 100% vested 401(k) Retirement Plan with 6% company match

• Medical, Dental, and Vision insurance
• Flex spending plan & Health savings accounts with employer contribution
• Student Loan Debt Reduction Program
• Employer provided group life insurance with option to purchase additional life insurance for you and your family members
• Employer provided long term and short term disability insurance
• Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity
• Wellness Program
• Free banking services and other financial services discounts
• Take Your Dog to Work Day in June
• Employee Rally Day- a day of celebration and recognition!

 

RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of respect and belonging that is reflected in the workplace and the communities we serve.

 

Let's build something great, together.

Salary : $210,000 - $235,000