Senior Business Credit Officer

This is a remote role that may only be hired in North Carolina or South Carolina.

This position underwrites and evaluates complex business loan requests for the Credit Administration function of the Bank. Reviews small business or agricultural production business loan applications within established credit policies and procedures. Identifies and structures credit grades because of application review. May complete spreads and other necessary documentation to aid in the analysis of credit relationships. Provides support to field lending associates on credit policy and loan structuring through knowledge of credit policy, loan processes, and underwriting techniques. May act in a leadership role to less experienced associates in the work group or assist management with special projects.

• Underwriting - Underwrites and evaluates business requests for either agricultural production businesses or small businesses, including complex, large, or nonstandard requests. Sources and reviews financial statements to aid in credit evaluation, ensuring the validity of the financial information used, and may create data spreads. Structures workout credits including credit grade downgrades and provides guidance or explanation behind grade structuring. Renders decisions based on sound credit judgement, updating requests accordingly in department systems or databases.
• Business Support - Supports field lending associates by providing feedback on credit decisions and requests. Answers questions and concerns regarding the status of applications, loan structuring, credit policy, and other matters related to business lending. Follows up on pending applications to ensure the timely disposition of all loan requests. Assists with special projects as requested and may serve as a backup for team supervisor.
• Loan Proficiency - Maintains current knowledge of changes in bank credit policy, industry and economic trends, and underwriting techniques. Underwrites business loans in accordance with all required policies and regulations. Identifies loan requests pertaining to special loan programs and takes action appropriately. Identifies missing data and potential issues within loan requests. Provides guidance to less experienced associates in the work group and handles escalated loan requests.
• Loan Administration - May administer government guaranty loan programs, which include the preparation and submission of loan packages and subsequent review of subject documents.

Basic Qualifications:

Bachelor's Degree and 4 years of experience in Business credit analysis, or Lending, or Underwriting, or SBA

-OR-

High School Diploma or GED and 8 years of experience in Business credit analysis, or Lending, or Underwriting, or SBA

Preferred Qualifications:

• Experience in credit underwriting in the agriculture industry
• Ability to analyze financial statements and other pertinent credit information and make credit decisions or recommendations
• Ability to engage across functions and clearly communicate reasons why decisions were made
• Ability to work independently in a fast-paced environment with multiple tasks and deadlines
• Technical skills in financial statement analysis, risk analysis and legal contract requirements.

• Strong verbal/written skills, interpersonal skills, analytical and problem-solving skills
• Strong computer skills
• Experience evaluating consumer and commercial credit bureau reports.

Attributes:

• Demonstrates initiative/confidence and is decisive.
• Ability to make effective, timely and sound recommendations and decisions on credit requests.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.