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BankUnited · 2 days ago

OPX Sr. Credit Products Officer SBA

Hialeah, FL

Full-time

Onsite

Senior Level

5+ years exp

BankUnited is seeking a Senior Credit Products Officer specializing in reviewing and underwriting Corporate and Industrial or Commercial Real Estate loan requests. The role involves preparing credit analyses, managing a portfolio, and ensuring compliance with regulatory requirements while supporting the Bank's SBA Lending activities.

BankingFinanceFinancial Services

Diversity & Inclusion

Responsibilities

Determine financial information requirements -- Work with the Relationship Manager to obtain all necessary information to underwrite the credit request

Prepare Spreads -- Prepare spreads within Moody's Credit Lens and other spreading tools and templates utilized by the Bank

Perform borrower financial analysis -- Review and analyze borrower financial information including but not limited to: corporate financial statements, tax returns, and accounts payable and accounts receivable aging to determine borrower financial condition and develop cash flow analysis

Perform guarantor financial analysis -- Review and analyze personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine financial strength of guarantor

Review new applications for completeness, proper loan structure, and adequate collateral, and condition the loan accordingly

Review and analyze all 3rd party reports -- Obtain all 3rd party reports and include findings in analysis of financial condition of borrower or guarantor

Underwrite ACH exposure: Underwrite ACH exposure for borrowing and non-borrowing clients

Identify and mitigate critical risks and irregularities -- Work with Relationship Manager to identify and mitigate all risks and disclose in the credit approval memorandum

Collaborate in credit structuring -- Work with the Relationship Manager to structure credit requests that serve the best interest of the customer and bank

Determine Risk Ratings -- Complete all required risk rating models and analyses

Complete Credit Approval Memorandum within the Loan Origination System. Ensure that the approval package is complete, and all supporting schedules / documents are uploaded into the Loan Origination System

Complete Portfolio Management Activities as required for new money requests to existing Bank clients

Deliver approval package to the appropriate Credit Officer

Document approvals -- Once the credit package is approved, ensure all credit approvals and associated documents are obtained and properly documented within the Loan Origination System

Prepare detailed Commitment Letters or Notices of Conditional Approval to communicate credit decisions to clients, as applicable

Review and clear closing conditions, seeking approval by a Credit Officer, as applicable

Finalize Credit Approval Package for Closing -- Ensure loan record is complete and forward to the Loan Closing Department

Draft Post-Approval Change Memo -- Prepare Change Memo to document material and immaterial changes to the approved credit package, as needed

Manage financial ticker items - Collect and review financial statements and covenant compliance and borrowing base worksheets from corporate customers

Assist the Loan Officer in reviewing draw requests associated with guidance lines of credit for equipment purchases

Conduct ongoing credit assessments/reviews - Complete annual reviews as required on corporate lending relationships, confirming an electronic back-up of client's key financial records and documentation is maintained within the bank's systems of record

Prepare quarterly Criticized Asset Reports where applicable

Perform ongoing portfolio management - Seek out early warning signs of deteriorating credit trends and make ongoing assessments relative to credit risk ratings (both positive and negative)

Identify and communicate cross-sale opportunities to Loan Officers as applicable during review of updated annual financial information received

Underwrite ACH exposure - Underwrite ACH exposure for borrowing and non-borrowing clients

On a case by case basis this position may be asked by their manager or the Loan Officer to participate in credit related calls with existing and prospective borrowers

Identify opportunities for continuous improvement in underwriting/portfolio management practices and tools

Work with cross-functional teams as needed to develop, test, and deploy underwriting/portfolio management leading practices / tools as required

Continues to seek training to remain current with changes in the SBA environment and SOP

Assists Business Development Officers in structuring financing transactions and approving credit within assigned lending unit(s)

Performs SBA eligibility analysis

Assures proper use of standard SBA templates as detailed in the respective Procedural manuals and SBA SOP

Adheres to and complies with current SBA SOP

Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.)

Adheres to Bank policies and procedures and completes required training

Identifies and reports suspicious activity

Qualification

Commercial credit underwritingSBA underwritingFinancial analysisRisk assessmentLoan Origination SystemAccounting skillsContinuous improvementCollaboration