What are the responsibilities and job description for the Credit Manager position at Wright-Patt Credit Union?
Category
Member Business Services
Job Location
3560 Pentagon Blvd, Beavercreek, Ohio
Pay Classification
Non-Exempt (Hourly)
NMLS Required
No
Work Type
Variable
Position Type
Full-Time/Regular
The Credit Manager is responsible for coordinating all commercial loan and deposit activity in accordance to WPCU policies and procedures, while adhering to state and federal regulations.
- Manage the day-to-day activities of the Member Business Support Coordinators, Small Business Analysts, Treasury Specialists and Credit Analysts. Ensure assigned business units are operating efficiently and reliably, are in compliance with applicable laws, regulations, and rules, have appropriate operating controls to mitigate risk, and are performing at a high level. (45%)
- Review and approve credit analyses and assign risk grades.
- Perform analyses on complex credit request.
- Provide training and guidance to all departments.
- Oversight and management related to Small Business loan applications.
- Oversight and management related to Treasury activities.
- Oversight and management related to loan closing activities including closing due diligence and closing documentation.
- Oversight of the Portfolio Review Process.
- Preview credit requests with Relationship Managers before submission.
- Manage ACH exposure.
- Analyze and underwrite credits as needed. (10%)
- Assist Member Business Services VP in executing Business Tactics. (10%)
- Assist Relationship Managers as needed (10%)
- Facilitator between credit analysts and loan officers.
- Enforce credit policy.
- Discusses loan structure with loan officer to minimize risk.
- Prepare and develop various reports as required by management to assist in the overall management of MBS’s. (5%)
- Develop written policy documentation. (5%)
- Initiate process improvement and quality reviews to simplify and improve productivity. (5%)
- Assist Member Business Services VP in satisfying regulatory requirements as provided by state and federal authorities. (5%)
- Assist Member Business Services VP in ensuring that WPCU adheres to the policies and procedures approved by our board of directors. (5%)
The Credit Manager possesses the following knowledge and skills:
- A Bachelor’s degree in Finance, Accounting or Business-related field and/or a minimum of 10 years of experience as a credit analyst and/or portfolio manager.
- Previous experience leading a team in a project management, supervisory or team leads Capacity. Proven ability to learn complex or sophisticated concepts and apply the appropriately is required.
- Understanding the Credit Union movement, the “WPCU difference”, as well as knowledge of WPCU products and services and the ability to understand and effectively communicate these differences is preferred.
- Demonstrated ability to learn and utilize the necessary software to complete job functions.
- Working knowledge of income statements, balance sheet and other corporate financial documents is required.
- Working knowledge of SBA lending programs including SBA 7(a), SBA 504, and SBA Express.