Location: Parsippany, NJ
Summary: Responsible for supervising, and participating in, the underwriting and credit analytical activities, including, but not necessarily limited to, commercial real estate, commercial and industrial (C&I), asset-based lending, US Small Business Administration (SBA) product lines. Responsible for actively managing the Credit Department’s pipeline of loan requests and ensuring that such requests are addressed in a timely and effective manner. Trains and develops credit analysts. Communicate and collaborates with Lending Officers on potential credit opportunities. Consults with and supports Chief Credit Officer. Develops and analyzes all types of credit information pertaining to commercial and real estate secured loans, prepares credit presentation reports, maintains control over credit requirements of current accounts, and provides assistance to the Lending Department as requested.
Minimum/Essential Job Requirements:
A Bachelor’s degree in business, finance, or accounting
Ten years or more of increasingly responsible experience and demonstrated ability and knowledge in commercial loan analysis and commercial lending processes
In depth knowledge of applicable banking regulations
Working knowledge of bank operating systems (e.g., core systems), loan origination systems, cold storage document management systems, data management and reporting systems and other applicable technologies. Working knowledge of Abrigo / Sageworks is preferred
Strong working knowledge of accounting principles
Excellent interpersonal, written and oral communication skills. Ability to communicate and articulate thoughts in a clear, concise and effective manner. Ability to remain calm and stand firm when faced with pressure, particularly as it related to the discussion of credit standards and risk tolerances
Strong understanding of appraisal valuation methods and application of such methods to various property types
Ability to handle multiple priorities, of changing priorities and in a fast-paced environment
Technically proficient in MS applications including but not limited to MS Outlook, Teams, SharePoint, PowerPoint, Excel and Word
A high level of analytical ability to determine loan risk and recommend credit limitations.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.