Credit Team Manager at California Bank of Commerce, N.A.

Walnut Creek, California, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Mar, 26

Salary

240000.0

Posted On

10 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Financial Analysis, Communication Skills, MS Excel, MS Office, Loan Documentation, Portfolio Management, Risk Grading, Client Management, Covenant Testing, Asset Based Lending, Commercial Real Estate, Team Leadership, Problem Solving, Attention to Detail, Independent Thinking

Industry

Banking

Description

Description JOB SUMMARY: Credit Team Manager must have an effective and intense knowledge of Commercial and Industrial (C&I) credit, including Revolving Lines of Credit, and Term Loans, Asset Based Lending (ABL), Commercial Real Estate (CRE), including non-owner and owner occupied, as well as consumer lending and personal Real Estate expertise. ESSENTIAL DUTIES AND RESPONSIBILITIES: Provide guidance and structure to front line Relationship Management Team. Minimize Credit Approvals that could potentially be viewed as exception or underwritten under non-supported overtly liberal terms. Minimize portfolio losses. Support Regional Manager with existing, renewing, and new credit requests. Communicate issues within the portfolio, or potential issues on incoming requests. Provide timely response to client inquiries and aid credit related challenges, with all inquiries answered within 24 hours or less. Be available and accessible to team. Be able to recommend appropriate credit actions including approvals within assigned credit authority. Elevate specialized requests and unresponsive credits to Senior Credit Management. Follow all lending and banking regulations. Monitor the Region’s Credit Portfolio for ongoing repayment viability by following regular financial updates for each credit in the portfolio. Have thorough knowledge of credit analysis and its application to credit. Lead a team of seasoned and professional Commercial Credit Underwriters/Portfolio Managers. Monitor portfolio for maturing credits and/or past due credits. Assign credit portfolio to appropriate Portfolio Manager based on capacity and workload, experience with client/industry, and/or familiarity with client/industry. Perform regular reviews of credits within the portfolio as well as collateral. Recommend appropriate risk grading based upon performance and economic environment affecting the client/industry. Assist Relationship Management Team by being available to meet clients and prospects in the field. Aid Senior Credit Management with new requests or special assignments. Be an active member of the bank’s Loan Strategy Meetings Committee. Prepare Loan Strategy and Watch List Reports (LSR/WLR’s) when appropriate. Assist in loan documentation and structure by working closely with the Note Department. Inspect Loan Documentation for errors or issues. Responsible for maintaining and monitoring relationships, credit analysis, and underwriting, as team workload requires. Works consultatively with clients to present solutions to their short and long-term strategic objectives. Responsible for maintaining ticklers to ensure documentation and covenants are kept up to date. Participates in weekly loan funding meetings. Requirements REQUIRED SKILLS AND ABILITIES: Experience with financial analysis, including spreading, tickler management, covenant testing, and modeling/projections. Effective and professional communication skills are a must. Strong written and verbal communications skills. Professional-level skills with spreading software, MS Excel and MS Office. Experience with loan documentation, including outside counsel-prepared loan documentation. Independent thinker and self-starter. Excellent written and verbal communication skills, attention to detail and follow-through. Education/Licenses/Work Experience: Bachelor’s degree in Finance, Accounting, or related field required. Minimum 10 years of banking experience required. Minimum three years of commercial banking experience, preferably client-facing. Work Environment Standard office environment with a moderate noise level. Physical Demands The work environment characteristics and physical requirements described here are representative of those which an employee in this position encounters while performing the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. Prolonged periods sitting at a desk and working on a computer. Remain in a stationary position for sustained periods of time. Occasionally move about inside the office to access filing cabinets and/or other office machinery. Occasionally required to raise objects up to 25 pounds from a lower to a higher position, move objects horizontally from position to position with, and/or bend body downward and forward, and/or extend hands and/or arms in any direction to access files and/or other office machinery. Consistent use of a computer and/or other office machinery is required, such as a keyboard, calculator, copy machine, and/or computer printer. Making substantial and repetitive movements (motions) of the wrists, hands, and/or fingers. Close visual acuity is required to perform activities including, but not limited to, preparing and analyzing data and figures, transcribing, viewing a computer terminal, and/or extensive reading. Regularly required to communicate verbally with employees, clients, and vendors. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled Pay Range: $200,000 - $240,000 annually. Pay range may vary based on skills, experience, and location.

Responsibilities

The Credit Team Manager provides guidance to the Relationship Management Team and minimizes credit approvals that could be viewed as exceptions. They monitor the credit portfolio for ongoing repayment viability and assist in loan documentation and structure.