Commercial Credit Manager

  • ORGANIZATION
    Eaton Community Bank
  • LOCATION
    Charlotte, MI
  • SALARY
    $60,733 - $82,168
summary
All positions at Eaton Community Bank require a high level of commitment to exceptional customer service and customer relationship development for internal and external customers.  In addition, employees must possess the level of product knowledge necessary to effectively promote the Bank’s products and services by identifying cross selling opportunities, educating customers regarding the benefits of the Bank’s products and services, and effectively promoting them.  

This position leads the Bank’s commercial credit analysis, loan review, and processing functions and is critical in ensuring the credit quality of the Bank’s commercial loan portfolio and compliance with Bank policy.  This position supervises, mentors, and develops the credit analyst and the commercial processing and documentation team.   This position reports to the Chief Lending Officer.

Position Responsibilities
• Responsible for direct supervision, leading and mentoring of credit analyst and commercial processing teams.  This includes coaching for professional development by deepening knowledge and skill set.  Monitoring performance objectives for direct subordinates.  Conducting performance reviews using supportive documentation and provides good follow-up with employees.
• Develop an in-depth understanding of the Company’s credit policies and procedures.
• Work with the Chief Lending Officer to further develop credit related policy and procedures. 
• Work with Senior Management to further develop the credit processes and improve overall credit risk management and analysis. 
• Primarily responsible for the credit analysis of commercial loans and properly identifying risks and assigning a proper risk rating for each credit.
• Manage and complete the commercial loan review process, which includes collecting updated financial documentation, updating credit analysis, and assessing risk rating and changing as deemed needed on an annual basis.
• Monitor and track loan covenant compliance within the loan portfolio, report noncompliance to senior management and work with lenders to take corrective action to cure noncompliance.
• Responsible for performing commercial credit investigations and adjudication for new and existing customers in accordance with company credit policy and sound credit practices. Complete a thorough, in-depth analysis of new credit requests, credit change requests, renewals, and annual relationship reviews.
• Review commercial appraisals and evaluations to ensure they meet bank and regulatory guidelines and the appraisal is complete and fully supports the market value conclusion. 
• Prepare spreadsheets, reports, summaries, and opinions for lenders on new, renewal and existing loans.
• Report findings that may have an adverse effect on loan collateral or a borrower’s ability to repay the loan.
• Prepare appropriate credit documents for each transaction including credit approval reports and financial statement spreads according to company credit policies. Track credit approval status in Sageworks system.
• Present transactions to management for approval.
• Interact with Commercial lenders and their customers to obtain a thorough understanding of the customers’ business, financial condition, and the proposed transaction analysis. 
• Ensure timely review of new transactions by maintaining application status in Sageworks system; interface with the Company’s documentation team to assist in loan processing as appropriate.
• Prepare and maintain credit files accurately and completely.
• Review commercial appraisals and evaluations to ensure they meet bank and regulatory guidelines and the appraisal is complete and fully supports the market value conclusion. 
• Work with processing staff to determine what proper loan documentation is needed and ensure that all credit files are complete,
• Identify any documentation deficiencies, and work with lending staff to resolve issues in a timely manner.
• Work with lending staff to anticipate, identify and collect documents needed for efficient, and timely approvals on new credits.
• Work with lending staff to anticipate, identify and collect documents needed to complete annual financial reviews on existing credits and ensure compliance with any loan covenants.
• Assist in maintaining the Sageworks system for all commercial loan transactions.
• Provide technical advice or other assistance to staff as needed.
• Establishes and monitors performance objectives for direct subordinates, conducts performance appraisals using supportive documentation and provides good follow-up with employees.
• Promotes teamwork and open communication.
• Performs most complex transactions independently.
• Portrays overall professional behavior whenever conducting bank business.
• Completes all internal training assignments in a timely manner.
• Completes the Bank’s Leadership Academy.
• Completes other tasks as assigned by Chief Lending Officer.  

Qualifications
• Bachelor’s degree in finance, accounting, or related field desired.
• 5 plus years of experience with commercial transactions, including credit review, analysis, underwriting, approval, and loan documentation.
• 3 + years’ experience in a leadership role is desired.

Knowledge/Skills/Abilities Required
• Strong understanding of financial data (Balance Sheets, Income Statements, Cash Flow Statements, Financial Ratios, etc.) and ability to apply those skills as they pertain to the underwriting process.
• Experience preparing formal credit write-up, including storied credits, financial spreads and analysis.
• Experience with commercial loans both secured and unsecured transactions preferred.
• Excellent communication and customer service skills required.
• Proficient with Microsoft Office Products.
• Ability to multi-task, work in a fast paced, changing environment and maintain a commitment to accuracy and timeliness.
• Must be detail oriented and analytical.
• Must be able to multi-task, think independently and solve problems within Company guidelines.
• Ability to follow policies, procedures, and written instructions, as well as verbal instructions or directions.
• Ability to maintain confidentiality.
• Self-motivated.
• Ability to solve problems using creative, innovative solutions.
• Ability to motivate, mentor and develop employees to their best performance.
• Ability to get along well with coworkers and to work as part of Eaton Community Bank’s team, working towards the Bank’s goals set forth by its’ Board of Directors.


Hiring Solutions LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Hiring Solutions LLC complies with applicable state and local laws governing nondiscrimination in employment.