Credit Officer I or II

Bankers Trust Company; Des Moines (IA); On-site; USD 102,500 - 139,000; Full time

Benefits offered by this job

Health Insurance

PTO

401(k) Match

Tuition Assistance

Life Insurance

Lifestyle Accounts

Employee Banking

Job summary

Bankers Trust Company, Des Moines, IA, seeks a Credit Officer I or II to lead due diligence, structuring and approval of commercial loans within approved authority. The role works with underwriters and relationship managers to assess credit exposures and protect asset quality, while supervising and developing portfolio teams.

The position offers base salary ranges for Credit Officer I and II with annual bonus potential, and hybrid work eligibility may apply.

Qualifications

• BA/BS in Business, Accounting or Finance required.
• Strong credit analysis skills and techniques.
• Commercial loan structuring and evaluation.
• Ability to manage problem loans and adhere to regulations.

Responsibilities

• Uses loan authority to approve smaller, less complex credits.
• Ensures underwriting packages are complete and timely.
• Structures loans with Relationship Managers based on credit characteristics.
• Reviews credits for risk rating and approves changes.
• Supervises Commercial Portfolio Managers and Credit Analysts.

Skills

Credit analysis

Commercial lending

Problem loan management

Bank regulations

Loan evaluation

Education

BA/BS in Business, Accounting or Finance

Job description

Credit Officer I or II

VP Des Moines, IA, US

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Job Summary

The Credit Officer I is primarily responsible for the due diligence, structuring and approval of loans submitted from the various lending areas within approved lending authority limits. This position will work proactively with the underwriters and relationship managers to analyze, structure and recommend approval for credit exposures to ensure strong asset quality. In addition, this position will supervise and develop assigned commercial portfolio managers and/or credit analysts.

Primary Functions and/or Responsibilities

• Utilizes granted Individual Loan Authority in a manner consistent with asset quality objectives of the Bank. Loan authority will be commensurate with experience, expertise and business need, but will generally be utilized for smaller, less complex credits
• Ensures that underwriting packages are complete and prepared in a timely manner
• Assists the Relationship Managers and/or Portfolio Managers as needed to ensure each loan is properly structured based on the credit characteristics
• Reviews credits for appropriate risk rating and approve recommended risk rating changes
• Recognizes and mitigates Loan Policy and Loan Guideline exceptions and ensure proper reporting for tracking purposes
• Supervises assigned Commercial Portfolio Managers and/or Credit Analysts in the preparation of independent, timely, quality credit analysis that defines and mitigates relevant credit issues including but not limited to approval sheets, annual reviews, action plans, financial spreads, projections and any other information relevant to the credit process
• Develops and monitors training progress of Commercial Portfolio Managers and/or Credit Analysts to ensure their professional development goals are being met and that they have been provided access to tools and training necessary to be successful in their positions
• Provides input on Senior Loan Committee agenda items
• Assists Chief Credit Officer with designated credits and special projects
• Performs other duties as assigned

Education and/or Experience Needed

Credit Officer I

• BA or BS degree in Business, Accounting or Finance
• At least eight years of relevant commercial credit experience required

Credit Officer II

• BA or BS degree in Business, Accounting or Finance
• At least ten years of relevant commercial credit experience required

Specific Skills, Knowledge & Abilities Needed

• Strong credit analysis skills and techniques
• Commercial loan structuring
• Ability to manage problem loans
• Strong knowledge of Bank regulations
• Loan evaluation skills

Hiring Salary Range

Credit Officer II Hiring Base Salary Range: $117,000 - $139,000 plus annual bonus.

Credit Officer I Hiring Base Salary Range: $102,500 - $121,500 plus annual bonus.

Benefits

• Group Health, Dental, and Vision Insurance
• Generous Paid Time Off (PTO)
• 401(k) plan with lucrative company match
• Tuition assistance
• Company Paid Life Insurance
• Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
• Team Member Banking - a suite of products and services with special benefits for employees

Hybrid Eligibility: Position may be eligible for a hybrid work schedule (requiring some days in the office each week).

EQUAL OPPORTUNITY EMPLOYER

PROTECTED VETERANS AND INDIVIDUAL WITH DISABILITY