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Regional Senior Credit Officer

Company: Associated Bank
Location: Milwaukee
Posted on: January 27, 2023

Job Description:

Job Summary Under functional guidance, responsible for approval and concurrence duties for Associated Bank's Commercial Lending groups. Using assigned credit approval authority, responsible, with Line of Business, for insuring commercial loan requests are consistent with ASBC's Loan Policy while maintaining acceptable risk limits for the Bank, minimizing losses and maximizing profitability goals. To the extent strict adherence to credit policy or underwriting standards is not present in specific credit requests, assure that sufficient mitigation of such variances is achieved when this discretion is exercised. Assist in monitoring the quality of the commercial loan portfolio and make accurate and timely decisions regarding Asset Quality Ratings (AQR) and portfolio administration. Be a resource for all associates on Loan Policy.
Job Accountabilities


  • Credit Approval and Sales/Credit Collaboration - Directly responsible for credit approval and concurrence within assigned credit authority. Assure thorough analysis of the credit worthiness and proper loan structure while maintaining consistent adherence to Commercial Lending Policies and Standards as well as regulatory compliance. Signature authority to be assigned depending on experience and on the type of credit request. Add value to the sales process by providing expertise in credit policy and proper loan structuring, as well as appropriate response times to maximize opportunities in meeting sales goals. Use the approval process and discussions of opportunity memos to comply with portfolio thresholds and risk tolerances. Work with Business Segment Leaders and Team Leaders to maintain effective communication between credit and the respective Lines of Business. Attend Line of Business sales meetings to monitor existing and prospective client pipelines, as well as providing information/guidance on Loan Policy changes. Attend outside/inside sales calls when necessary and appropriate. Participate in the development of Portfolio Managers and Relationship Managers through active credit discussions and coaching when requested. May be directly involved in due diligence efforts as well as integration of newly acquired institutions or portfolios.
  • Portfolio Administration - Monitor maturity dates, annual review dates, past due financial reporting, borrowing certificates, compliance certificates, trend cards, overdrafts and document exceptions to ensure the ongoing quality of the portfolio. Monitor the commercial loan portfolio quality metrics to contribute towards the management of portfolio concentration levels and improved AQRs and portfolio composition. Take on special projects as assigned or requested by Senior Managers. Maintain current and thorough knowledge of the Loan Policy and Regulatory issues.
  • Monitor Asset Quality - Make accurate and timely assessment of Loan Risk Ratings while also utilizing bank systems and reports. Attendance at Quarterly Criticized/Classified meetings to review credit strategies and provide input as necessary to mitigate risk and potential losses to the bank.

    Education

    • Bachelor's Degree Business, Finance, Accounting Required
      Experience

      • 4-7 years Credit Administration experience in which approval/signature authority was granted and utilized. Required

        Location -
        Candidate can be located anywhere within the footprint of the bank, consisting of Wisconsin, Minnesota, or Illinois. -
        Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants with a disability who need assistance applying for a position with Associated Bank are asked to email: careers@associatedbank.com
        Compliance Statement Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR. Responsible to report ethical concerns as needed to Associated's anonymous Ethics Hotline.
        Associated Bank is committed to working diligently with any colleague who needs an accommodation perform the essential functions of the job. Please contact the Leaves & Accommodations office to request an accommodation.

Keywords: Associated Bank, Milwaukee , Regional Senior Credit Officer, Accounting, Auditing , Milwaukee, Wisconsin

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