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C&F Bank · 6 days ago

Senior Commercial Credit Officer

Richmond, VA

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

C&F Bank is seeking a Senior Commercial Credit Officer to join their commercial credit group. This role involves underwriting and structuring commercial loan applications, analyzing the financial health of businesses, and ensuring compliance with bank policies and regulations while providing excellent customer service.

Banking

Growth Opportunities

Responsibilities

Provide teams with guidance and expert opinion to determine appropriate risk assessment for commercial loan requests including the appropriate level of analysis of borrower's business, management, financial condition, and operations

Participate in the upfront sizing of credit requests, evaluate financial statements, identify the key strengths and weaknesses of a borrower, along with the loan structure

Apply experience and judgment to evaluate the level of risk within a request and structure the loan terms to meet the borrower’s needs while adhering to C&F’s risk and credit policies

Work with the Credit Analyst in the analysis of commercial loan requests

Discuss and collaborate with the Relationship Manager on credit structuring and risk rating. Work together with deal team to ensure deadlines for commercial loan requests are met

Approve loan requests for commercial relationships that fall within individual loan authority and work closely with the Senior Management team for those approvals that exceed individual loan authority

Oversee ongoing portfolio management of the bank’s commercial loan portfolio to include, but not limited to, proactively identifying credit issues, and following through for remediation, timely and accurate risk rating of clients based on internal and external data and ensuring correct documentation at time of review

Mentor credit teammates on the evaluation of credit risk factors, loan decisions, and other credit topics. Assist with credit training and development of others

Determine the appropriate channel for preparation of loan documents, recommending outside counsel, as needed. Review and negotiate loan documents to ensure compliance with loan policy and all approval terms

Assist in the administration of the credit, including approval of post-closing items, etc

Oversee the commercial construction draw process to mitigate construction risk and ensure compliance with C&F policy

Maintain current operating knowledge of all job-relevant legal and regulatory requirements through the successful completion of compliance and regulatory training and attendance at all mandatory regulatory compliance and credit training activities

The Credit Officer/Underwriter, where appropriate, will often join the Relationship Manager on customer calls and property inspections and will use the opportunity to develop an opinion of the customer’s character, integrity, capability, experience and financial strength and the feasibility of the proposed credit request through pre-call planning and preparation

While the Credit Officer/Underwriter is primarily focused on credit risk management, it is critical for the Credit Officer to assist RMs in developing mutually acceptable solutions to win business and raise the lending profile of the bank in the marketplace

Depending on workload and resource availability, the Credit Officer/Underwriter may need to serve as backup to the Credit Analyst, Relationship Manager or other team members as required to insure an outstanding level of service internally and externally

Qualification

Credit analysisLoan structuringFinancial accountingConstruction lendingCommercial bankingAnalytical skillsMicrosoft OfficeCommunication skillsInterpersonal skillsOrganizational skills

Required

A minimum of 10 years of banking experience is required, preferably in a credit or underwriting role within a construction lending or commercial banking environment

Knowledge of loan structuring, covenants, and closing conditions as well as a proficiency in term sheet preparation and collateral perfection is required

Must possess a clear and demonstrable knowledge of C&I, Commercial Real Estate, and Acquisition, Development, and Construction (AD&C) lending

Strong financial accounting knowledge/background is required

Demonstrated analytical skills; demonstrated proficiency in the use of standard and specialized computer hardware and software packages such as Microsoft Office; demonstrated strong oral and written communication skills

Strong attention to detail as well as organizational skills is required

Analytical/technical skills, such as financial accounting, modeling, or loan structuring

Excellent communication, interpersonal, including demonstrated rapport-building, and PC skills are required; a level of proficiency with Microsoft Office (Word/PowerPoint and especially Excel) is necessary

Must be able to work independently with frequent interruptions; able to communicate effectively with people at all levels; use typical office equipment; able to comprehend concepts and put them into practical application

Understanding of financial accounting, loan structuring, and loan documentation as well as excellent credit analysis and financial/cash flow modeling skills

Effectively communicate information clearly through all media channels; interact effectively with clients and Bank employees at all levels; handle several tasks simultaneously and to work under time limits; must be able to effectively present findings to varied audiences

Bachelor's degree in Accounting, Finance, or Economics is required

Travel required 5 - 10% of the time to our Operations Center located in Toano, VA

Preferred

Related experience with associated lending software programs is strongly preferred

MBA preferred

Company

C&F Bank

In 1927, the founders of C&F Bank recognized the need for a strong, solid financial institution that would serve local businesses and the customers that lived and worked in our communities.

Founded in 1927

Toano, Virginia, US

201-500 employees