Business Credit Officer

Davita Inc.; Raleigh (NC); Remote; USD 60,000 - 80,000; Full time

Job summary

A leading bank seeks a remote Business Credit Officer to underwrite and evaluate a variety of small business loan requests. This role involves supporting field associates and maintaining an understanding of credit policies and current banking regulations. Ideal candidates possess a Bachelor's degree or equivalent experience in lending or underwriting.

Benefits

Competitive benefits program

Qualifications

• 4 years of experience in Business Credit Analysis, Lending, or Underwriting.
• Experience with Business or Commercial loans required.
• Knowledge of banking laws, loan documentation, and policies necessary.

Responsibilities

• Underwrites and evaluates small business loan requests.
• Provides support to field lending associates on loan structuring.
• Maintains knowledge of credit policies and economic trends.

Skills

Business Credit Analysis

Underwriting

Lending

Knowledge of accounting and finance

Education

Bachelor's Degree

High School Diploma or GED

Job description

Overview

This is a remote role that may only be hired in the following locations: North Carolina, South Carolina, or Virginia.

This Business Credit Officer underwrites, evaluates, and decisions a broad range of business loan requests for the Credit Administration function of the Bank. Reviews loan applications, including requests from nonstandard businesses, within established credit policies and procedures. Identifies and structures credit grades as a result of application review. Provides support to field lending associates on credit policy and loan structuring through knowledge of credit policy, loan processes, and underwriting techniques.

Responsibilities

• Underwriting - Underwrites and evaluates a range of small business requests, including nonstandard requests which may include, but are not limited to, churches, nonprofit organizations, and new ventures. Structures workout credits including credit grade downgrades and troubled debt restructuring assignments. Responsible for evaluating automated clearing house over limit exceptions.
• Business Support - Supports field lending associates both through department support center call line and directly. Answers questions and concerns regarding the status of applications, loan structuring, credit policy, and other matters related to small business lending. Follows up on pending applications to ensure the timely disposition of all loan requests. Assists with special projects as requested.
• Loan Proficiency - Maintains current knowledge of changes in bank credit policy, industry and economic trends, and underwriting techniques. Underwrites small business loans in accordance with all required policies and regulations. Identifies loan requests pertaining to special loan programs and takes action appropriately.

Qualifications

Bachelor's Degree and 4 years of experience in Business Credit Analysis, or Lending, or Underwriting

- OR -

High School Diploma or GED and 8 years of experience in Business Credit Analysis, or Lending, or Underwriting

Additional Requirements:

• Experience with Business or Commercial loans required
• Knowledge of accounting and finance principles required
• Knowledge of current banking laws and regulations, loan documentation, and Bank policy required
• Experience in credit approval authority

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

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.