Golden State Bank

The Credit Administrator will report to the Chief Credit Officer (CCO).. The Credit Administrator is responsible for aiding the CCO with day-to-day oversight and administration of the Bank’s loans and loan operations.. Evaluates through Loan Review, the accuracy of risk ratings established by the lending officers & portfolio managers.. Works with the respective Relationship Managers, loan review, compliance, and loan operations to ensure that new and existing loans are properly documented, lien positions are perfected and loans are accurately boarded.. Compliance: Within specified functional area of authority, is personally accountable to understand and ensure regulatory and policy compliance with state and federal requirements including but not limited to: all applicable consumer protection laws and regulations governing financial institutions, the Bank’s Bank Secrecy Act / Anti-Money Laundering, OFAC (BSA/AML/OFAC), and Community Reinvestment Act in accordance with his/her respective job duties and responsibilities

credit administrator

Job Summary

The Credit Administrator will report to the Chief Credit Officer (CCO). The Credit Administrator is responsible for aiding the CCO with day-to-day oversight and administration of the Bank’s loans and loan operations. This position is also responsible for aiding and working with the CCO to establish internal loan controls and written policies and procedures for Board approval and ensuring the quality of the loan portfolio through loan portfolio management and loan portfolio risk analysis. This position also supports the Compliance Officer.
Essential Job Duties
Reviews credits to ensure long-term asset quality through periodic reviews of credits presented for approval.
Work under the direction of the CCO to monitor the lending portfolio to ensure that staff and Relationship Managers operate in accordance with applicable laws and regulations, as well as the Bank policies and procedures as approved by the Board of Directors.
Under the direction of the CCO maintain updates and recommend changes to the Bank’s loan policy as it pertains, but is not limited to, underwriting criteria, loan authorities, structure requirements, pricing guidelines, collections, and charge-offs. Periodically reviews and reevaluates the adequacy and effectiveness of established policies and procedures.
Communicates and interprets lending policies.
Reviews all CRE Concentration reports and Market Analysis reports to ensure the safety and soundness of asset quality and report any discrepancies or concerns to the CCO.
Oversees annual loan reviews as well as the collection efforts for all financial statements and covenant compliance required in the loan agreements (including annual property inspections).
Under the direction of the CCO provide communication to department heads regarding performance, including formal annual performance reviews for staff.
Work with the CCO to determine the competency and accountability of lending and credit staff and set expectations for training and development of personnel to provide for continued career advancement and development.
Responsible for accurately reporting to the Directors Loan Committee, which may include reporting on the asset quality of the loan portfolio, including delinquencies, non-accruals, OREO, loan concentrations and policy exceptions, et al.
Evaluates through Loan Review, the accuracy of risk ratings established by the lending officers & portfolio managers.
Interprets risk rating definitions and potentially provide training to lending and credit personnel on risk ratings under the direction of the CCO.
In conjunction with the CCO, assess the quality of analytical analysis performed by the Relationship Managers.
Works with the respective Relationship Managers, loan review, compliance, and loan operations to ensure that new and existing loans are properly documented, lien positions are perfected and loans are accurately boarded.
Remains current with regulatory, accounting, or other changes that affect lending in all aspects.
Potentially aid in the work out of problem loans with the CCO or Chairman and potentially manage and monitor workout activities.
May help with providing information required by third party review firms and oversight under the direction of the CCO coordination with the examiners, in all “Asset Quality” related examination data, document requests and information that is needed.
Researches, evaluates, and implements new lending products and programs.
Consistently ensures good and timely service to all clients, and prospective clients and colleagues.

Core Competencies
Adaptability & Accountability: Adapts to changes in the work environment, manages competing demands, accepts criticism and feedback, changes approach or method to best fit the situation and takes responsibility for own actions.
Attendance & Punctuality: Schedules time off in advance, begins working on time, keeps absences within guidelines, ensures work responsibilities are covered when absent and arrives at meetings and appointments on time.
Analytical Skills: Synthesizes complex or diverse information, collects and researches data when necessary, identifies data relationships, designs workflows and procedures, analyzes assigned tasks, resources and workflow processes to prioritize projects and determine best way of meeting deadlines and requirements.
Communication: Expresses ideas and thoughts both verbally and in written form, exhibits good listening skills and comprehension, responds well to questions, writes clearly and informatively and edits work for spelling and grammar. Presents accurate numerical data effectively.
Judgment: Displays willingness to make decisions timely, exhibits sound and accurate judgment, supports and explains reasoning for decisions, includes appropriate people in decision-making process and takes responsibility for communication including what is heard.
Teamwork / Morale: Treats others with respect and courtesy, gives and welcomes feedback, inspires the trust of others, exhibits tact and consideration, displays positive outlook and pleasant manner, offers assistance and support to co-workers, works cooperatively in group situations. Engages consistently in professional manner.
Business Ethics: Works with integrity and ethically, upholds organizational values and abides by written policies.
Compliance: Within specified functional area of authority, is personally accountable to understand and ensure regulatory and policy compliance with state and federal requirements including but not limited to: all applicable consumer protection laws and regulations governing financial institutions, the Bank’s Bank Secrecy Act / Anti-Money Laundering, OFAC (BSA/AML/OFAC), and Community Reinvestment Act in accordance with his/her respective job duties and responsibilities
Confidentiality: Maintains a high degree of confidentiality. When sending confidential electronic communications outside the internal Bank network.
Organization: Maintains continuous workflow to meet daily/weekly/monthly deadlines.
Leadership & Management always abides by the Bank’s leadership principles. Reacts well under pressure. Develops subordinates' skills and encourages growth by providing candid, relevant feedback and coaching. Carries out required performance management processes and timekeeping responsibilities. Identifies disciplinary situations or employee conflict and manages communication appropriately. Assures confidential interchange with subordinates as appropriate. Demonstrate and instill in others an appropriate sense of urgency.

Job Qualifications
Must be able to perform all the essential duties of the position satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
College degree preferred.
10 year’s experience in underwriting or examining individual credits, and credit administration functions,
6-10 years’ experience in loan approval, real estate portfolio review and monitoring,
A history of establishing, enforcing, and overseeing credit policies.
10 years plus experience as an examiner in a bank/finance regulatory environment or as a senior underwriter of sophisticated credits in a bank or finance company.
Knowledgeable of federal and state laws and regulations.

Computer & Software Skills
Must have computer skills including Microsoft Office Suite (Outlook email and calendaring, Excel, PowerPoint, Word) and the Internet.
Travel
Occasional local travel
Additional Information
Min.: 115,000/yr Max.: $150,000/yr.

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