First Federal Bank of Wisconsin · 2 months ago
VP Credit Administration Officer
Waukesha, WI
Full-time
Onsite
Entry Level
1+ years expFirst Federal Bank of Wisconsin is seeking a VP Credit Administration Officer to oversee credit analysts and manage commercial credit evaluations. The role involves analyzing credit data, preparing loan applications, and ensuring compliance with banking regulations while providing exceptional customer service.
BankingCommercialCustomer Service
Responsibilities
Oversee Credit Analyst(s)
Analyze credit data and financial statements to determine the degree of risk involved in extending credit
Spread common size statements; generate financial ratios, to evaluate customers' creditworthiness as it relates to the Bank’s risk tolerance
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations
Complete loan applications, including credit analyses and summaries of loan requests, and submit to credit committee for approval
Work collaboratively with others to handle new loan requests, new loan term and modifications for restructuring, watch list items, and past dues for effective risk management
Prepare and distribute loan approval packages to Officers Loan Committee, Credit Committee and the Board of Directors as necessary
Work with lenders to establish and negotiate the terms under which credit will be extended, including the costs, repayment method, and schedule of collateral requirements and documentation
Conduct appraisal reviews and complete in-house evaluations, on a continuous basis, vendor adherence to performance standards
Ensure credit files are up-to-date and accurate, including ongoing routine administration, including annual reviews
Review commercial customer files to identify and select delinquent accounts for collection
Negotiate customer disputes to resolution and documents root cause
Provide customer service and develops relationships with existing/prospective customers, in order to control risk
Effectively manage assigned projects and recurring reporting responsibilities including the degree of risk involved
Complete, monitor and distribute departmental Quarterly Report Tracking
Follow all applicable laws and regulations
Perform other duties as assigned
Qualification
Required
Have a Bachelor's degree in accounting, finance, or a similar field or equivalent experience
Have a strong understanding of accounting concepts and how to apply them to financial statement analysis
Have strong reasoning ability with the ability to define problems, collect data, establish facts, and draw conclusions
Have proficient computer skills using Microsoft Office (specifically Word, Excel, PowerPoint, and Access) and various lending software packages
Have general knowledge of appraisal valuation techniques
Demonstrate an ability to work effectively with others in a cooperative and collective environment
Have strong written communication skills. Must be able to effectively and cooperatively interact with employees within the Bank
Ability to prioritize, organize time, and work independently
Preferred
A minimum of one year credit analyst experience is preferred
Thorough knowledge of bank services and policies including all types of commercial loans
Time management, analytical, and communication skills
Company
First Federal Bank of Wisconsin
The Community Bank Difference The Community Bank Difference is more than a tagline, it is our culture at First Federal Bank.
11-50 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2017-10-13IPO
Leadership Team
Edward H. S.
President and CEO
Steve Wierschem
Chief Financial Officer
Recent News
Milwaukee Business Journal
2025-01-22
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