FVCbank is looking to leverage fintech to support commercial loan officers in the underwriting process for CRE, C&I, and other credit relationships. The Credit Products Officer will assist in gathering and analyzing critical information to determine the viability of credit requests and prepare loan presentation packages.
Requirements
- Ability to focus on task and be detail oriented
- Strong analytical and underwriting skills
- Proficient in Microsoft Office suite
- Ability to adapt to and leverage fintech solutions used by the Bank
- Thorough understanding of the components of various financial statement types and formats
- Thorough understanding of personal/ partnership and corporate tax returns
- Extended coursework in accounting and/or finance
Responsibilities
- Analyze business, commercial, and individual financial statements and tax returns to calculate cash flows using fintech tools and Bank’s software platform.
- Navigate and gather appropriate underwriting information from various sources such as the Bank’s data systems, Internet, Dunn & Bradstreet, Lexis Nexis, RMA, CoStar, and general market data bases.
- Evaluate adequacy of cash flows to service proposed debt structure(s).
- Evaluate applicant’s/borrower’s industry and general market conditions.
- Determine the degree of risk involved in a transaction and appropriately risk rate the proposed credit in alignment with risk ratings as defined in loan policy.
- Review and accurately interpret standard commercial banking documentation, such as financial packages, loan documents, appraisal reports, contracts, and agreements.
- Prepare loan presentation packages for lenders that clearly identify credit qualifications and weaknesses of potential borrowers.
Other
- Bachelor’s degree in Accounting or Finance
- 3 – 5 years of related work experience in banking, community banking preferred
- Extensive CRE experience preferred
- Excellent written and verbal communication skills
- Solid business writing skills
