Credit Manager

Penn Community Bank; Yardley (Bucks County); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Professional development opportunities

Job summary

Penn Community Bank is looking for a Credit Manager to lead a team in the analysis of complex lending relationships. The role involves preparing detailed credit approval memorandums and ensuring adherence to internal credit policies.

The ideal candidate should have a BA or BS in a relevant field and at least 5 years of experience in credit analysis or lending. Excellent communication, organizational, and problem-solving skills are necessary.

This position offers a hybrid work model, combining traditional office hours with remote work flexibility.

Qualifications

• Minimum of 5 years' experience in credit analysis, lending, or risk review.
• Minimum 2 years' experience training or mentoring credit analysts preferred.
• Strong understanding of commercial banking principles and underwriting practices.

Responsibilities

• Prepare and review detailed credit approval memorandums.
• Lead and develop a team of Credit Analysts.
• Ensure adherence to internal credit policy and regulatory guidance.

Skills

Advanced commercial credit expertise

Strong communication skills

Organizational and workflow management

Analytical problem-solving

Education

BA or BS in Accounting, Finance, Economics or related field

Tools

Microsoft Office

Job description

Job description:

The following is a list of essential functions, which may be subject to change at any time and without advance notice. Management may assign new duties, reassign existing duties, or eliminate a function.

• Prepare and review detailed credit approval memorandums for complex lending relationships, including formulation of approval recommendation, structural enhancements, and risk mitigation strategies.
• Lead and develop an assigned team of Credit Analysts to efficiently support underwriting and loan decisioning in conformity with the Bank's policies and service level agreements.
• Manage the ongoing development, coaching and onboarding of junior staff, fostering strong analytical capabilities, sound credit judgement, and supporting career growth within the organization.
• Review and optimize the quality and consistency of staff underwriting and financial analysis.
• Ensure adherence to internal credit policy, regulatory guidance, and sound banking practices while supporting prudent and consistent credit decisions.
• Administer departmental workflows and pipeline activities to ensure timely, accurate, and service oriented delivery of loan originations, renewals, modifications, reviews and other related actions.
• Facilitate direct collaboration with commercial lenders, credit administration staff and loan operations teams to enhance communication, efficiency, and client responsiveness throughout the credit process.
• Utilize independent judgement in recommending credit actions and solutions, including approvals, modifications, structural changes, and risk rating adjustments.
• Exercise independent credit approval authority as granted commensurate with experience and established lending policy guidelines.
• Engage in regular contact with commercial lenders, loan administrators, and other bank team members, as well as borrowers and accountants when requested.

Compliance

• Comply with all applicable regulations and Bank policies regarding employment and employment law.
• Participate in annual compliance and other job-related training.
• Comply with applicable banking regulations, Bank policies and all procedures.
• Comply with Bank's internal privacy and ethics standards.

Education and Experience

• BA or BS in Accounting, Finance, Economics or related field required
• Minimum of 5 years' experience in credit analysis, lending, portfolio management, risk review, or credit management; or an equivalent combination of education and experience is required.
• Minimum 2 years' experience training/mentoring other credit analysts preferred

Skills and Competencies

• Advanced commercial credit expertise with a demonstrated track record of analyzing complex CRE, C&I and construction lending relationships.
• Strong understanding of commercial banking principles, loan structuring, credit risk management, regulatory expectations, and sound underwriting practices.
• Proven ability to evaluate complex financial statements, tax returns, borrowing structures, collateral valuations, and diverse sources of repayment to support informed credit decisions.
• Demonstrated leadership, coaching, and team development capabilities, with experience mentoring analysts and fostering a collaborative, high-performing credit culture.
• Strong organizational and workflow management skills with the ability to effectively prioritize competing deadlines in a relationship driven commercial banking environment.
• Exceptional verbal and written communication skills.
• Thorough knowledge of credit-related laws and best practices.
• In-depth knowledge of the Bank's credit policy, products and services.
• Proficiency with Microsoft Office and an ability to quickly adapt to evolving banking technologies, credit systems, and workflow platforms.
• Excellent time management skills and the ability to multi-task and prioritize assignments
• Strong problem-solving and analytical skills

Working Conditions

Traditional office environment with the ability to work remotely on a hybrid basis; the office maintains five day a week operations (Monday - Friday) with operational hours of 8:00am - 5:00pm. Must be willing to travel to other Bank locations as needed.

Penn community Bank is an equal opportunity employer.