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First Interstate · 1 day ago

Senior Credit Officer

Denver, CO

Full-time

Hybrid

Senior Level, Lead/Staff

$127K/yr - $210K/yr

10+ years exp

First Interstate is seeking a Senior Credit Officer to support credit risk oversight for various regions and business lines. This role involves evaluating credit requests, identifying potential risks, and managing the loan portfolio.

BankingCredit CardsFinancial ServicesWealth Management

Responsibilities

Understands and evaluates market conditions within oversight regions/business lines for proactive assessments of credit risk and partnership with the line of business on strategic loan growth

Provides credit coaching, mentoring, and training throughout the lending and adjudication process

Assists the line management in the evaluation of line personnel

Adjudicates, administers, and reviews loans and loan commitment requests to ensure adherence to existing policy guidelines and sound underwriting principles to protect the quality and profitability of the loan portfolio

Presents well-organized, accurate, and complete analysis of recommendations for adjudication

Identifies potential problem loans and works with the Special Assets Group and front line to help manage credit risk

Oversees initial and ongoing loan Risk Rating Accuracy for the portfolio within oversight regions

Maintains and ensures the commercial extension of credit within their purview is within FIB's risk appetite and properly managed

Ensures credit evaluations properly assess credit risk, policy exceptions, regulatory compliance and risk rating assignment through effective financial analysis, collaborating with Relationship Managers and Credit Officers, and other due diligence efforts

Acts as the primary contact for commercial lenders, underwriters, product specialists, and senior leadership within their regions for all new, renewals, and/or modifications of credit up to their individual credit authority

Demonstrates leadership of a collaborative partnership across all internal stakeholders to advocate appropriate credit risk culture to the field

Supports credit risk management participation in internal loan review, audit, and regulatory examinations

Provides support in forecasting of asset quality indicators to senior management

Contributes to the establishment and review of credit policy as appropriate

Works closely with the Divisional Officer on other special projects

Approves loans within the position’s delegated credit authority and facilitates approvals for relationships requiring a higher level of approval

Supports and/or coordinates reporting for various purposes to different constituencies and for maintaining strong lines of communication to the affected departments, such as with the finance and loan operations areas

Assists in training, travels to meet with various stakeholders, and supports Divisional Credit Managers, as required

Performs other duties as assigned

Qualification

Commercial lending knowledgeCredit risk managementFinancial analysisMS Word proficiencyMS Excel proficiencyReport writingProblem-solvingPresentation skillsCommunication skillsTeam collaboration

Required

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations

Ability to write reports, business correspondence, and procedure manuals

Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public

Ability to calculate figures and perform spreadsheet analysis

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

Must possess common sense and logic/knowledge to be able to formulate and strategize options for any given situations

Must be proficient with MS Word and Excel

Knowledgeable across multiple types of commercial lending including, but not limited to: C&I, Real Estate (including investor (all types) and owner occupied), hotel, agricultural, equipment, and aviation

Willingness to travel within the bank's footprint, or as required based on customer location, as appropriate

Bachelor's Degree required

10+ years of commercial lending and/or commercial credit risk experience required

Valid Driver's License required