Reporting to the Chief Financial Officer/Chief Risk Officer, the Senior Credit Officer is primarily responsible for assessing the credit risk of current and prospective commercial and retail loan customers. This will include the management of commercial credit operations and retail credit underwriting, as well as assisting in the detection of deterioration in loan quality within the portfolio.
Manage Commercial department credit operations and retail credit underwriters;
Work with the lending staff to provide an efficient process and experience for the client;
Financial Statement spreading and accurate analysis of businesses and individuals;
Evaluating conditions, collateral, covenants and overall structure of commercial credits;
Work closely with the Commercial Lenders in preparing and finalizing credit memos;
Information and analysis documented in the Credit Memo is sufficient to the size and complexity of the credit;
Ensure credits are in line with bank lending guidelines;
Presenting recommendations to the Bank’s Loan Committee and Board of Directors;
Documentation and tracking of policy exceptions;
Conducting timely Financial Updates and Risk Rating recommendations on existing relationships;
Seek opportunities to secure deposits and other types of relationships for the bank through conventional commercial loan transactions.
Supporting any collection or workout activities on commercial loans, including commercial problem loan reports.
Remains up to date with regulatory requirements as it relates to commercial and retail lending;
Remains up to date with economic and industry trends;
Strong business and financial knowledge
Senior Credit Officer job knowledge
Knowledge of credit policies and standards
Knowledge of department-related financial services regulations and compliance
Knowledge of lending and lending policies and procedures
Strong knowledge of the company’s products and services
REQUIRED EDUCATION AND EXPERIENCE
Four year degree or significant related business experience.
Three to five years’ relevant experience.
This job requires skills needed in a typical office environment. This includes computer skills, communications skills, as well as utilization of office equipment.
About Home Bank
Home Bank SB was chartered in 1890 as a mutual institution which essentially means that it is owned by its depositors. Without private ownership or stockholders, the bank’s profits are allocated entirely to its capital reserves, resulting in greater fiscal strength and resources for community support. Home Bank serves South Central Indiana with offices in Morgan, Hendricks and Johnson Counties.