Full / Part-time: Full-time
Hours Per Week: 40
Location: 1801 South 2nd Street McAllen, TX 78503
The position of Credit Review Officer is responsible for evaluating loan quality, operational and financial performance for clients with particular focus on their financial statements; including risk rating credits appropriately and accurately; monitoring for compliance with established policies and standards, as well as GAAP, banking laws, and regulatory requirements; assisting the SCRO in managing Credit Review staffs' review of new and existing clients; maintains awareness of current economic and business trends; and assesses the impact of economic trends on credit portfolios; mentors and coaches credit analysts; assists in the development of Credit Review procedures; completing projects requested by the SCRO; participating as a nonvoting member on various lending committees (ELC, OLC); suggesting workout alternatives for problem credits.
ESSENTIAL DUTIES
The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties as assigned.
Requirements
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
- Bachelor's degree or equivalent from an accredited college; Concentration in accounting and / or finance preferred.
- 5-8 years of experience in the field or in a related area and have some specialized training on Credit Review activities.
- RMA CRC certification is preferred.
- Advanced experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
- Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
- Ability to effectively present information and respond to questions from managers, customers, and the general public.
- Basic skills in word processing and spreadsheet software.
- Basic typing skills to meet production needs of the position.
- Advanced math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs. Is able to calculate and understands financial figures and ratios (ex. DSC, DTI, NI, Cash flow, adjusted cash flow).
- Understands personal and commercial financial statements, including balance sheets, income statements, tax returns and the various schedules, cash flow statements; and understands the difference between company compiled, CPA compiled, and CPA audited financial statements.
- Well versed in banking laws and regulatory requirements. Is able to simplify complex legalities, bulletins, issuances, etc into understandable terms.
- Effective oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
- Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
- Excellent organizational and time management skills.
- Ability to work with minimal supervision while performing duties.