Regional Credit Officer

First Citizens; Raleigh (NC); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled credit analyst to join their remote team. This role involves reviewing and approving business loans, ensuring compliance with credit policies while mitigating risks. The ideal candidate will leverage their expertise in business credit analysis and lending to guide less experienced associates and contribute to the overall success of the credit administration function. If you're passionate about fostering relationships and driving business objectives, this opportunity is perfect for you.

Qualifications

• 6 years of experience in business credit analysis or lending.
• Knowledge of financial principles and concepts.

Responsibilities

• Analyzes, negotiates, and approves or declines business loans.
• Maintains knowledge of market trends affecting credit extension.
• Establishes relationships with management and business units.

Skills

Business credit analysis

Lending

Underwriting

Credit approval

Knowledge of financial principles

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: NC, SC, VA, FL, TN.

This position reviews, negotiates, and decisions business loans and servicing plans for the Credit Administration function of the Bank. Approves or declines business loans after reviewing, and submits to the appropriate party for further action after initial decisioning. Ensures loan approvals are in compliance with credit policies, procedures, and organizational philosophy. Assists in mitigating loss, delinquency, and overall risk for an assigned credit portfolio. Provides guidance and mentorship to less experienced credit approval associates within the work group.

Responsibilities

• Loan Review - Analyzes, negotiates, and declines or approves business loans and servicing plans. Assesses credit risks and establishes appropriate grades. Ensures loan decisions are consistent, objective, and compliant while meeting Bank and customer needs. Communicates credit decisions to all involved parties and recommends further action.
• Credit Expertise - Maintains current knowledge market and industry trends that affect the extension of credit, and communicates changes to lending personnel. Advises credit approval associates within the assigned region on analyzing, negotiating, strategizing, and underwriting credits. Serves as the primary contact to associates through knowledge of the business loan decision process.
• Relationship Development - Establishes and maintains working relationships with management, associates, and business units to ensure that business lending objectives are effectively communicated and carried out. Represent the Credit Administration department on various committees. Participates in various civic and trade groups to network for the Bank's benefit.
• Business Support - Identifies training needs, process improvements, and skill deficiencies among line units. Recommends departmental policies and procedures to address identified issues.

Qualifications

Bachelor's Degree and 6 years of experience in Business credit analysis, or Lending, or Underwriting, or Credit approval OR High School Diploma or GED and 10 years of experience in Business credit analysis, or Lending, or Underwriting, or Credit approval

Skill(s): Knowledge of financial principles and concepts

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.