SVP Credit Administration

Park Bank; Madison (WI); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, Dental, Vision benefits

10 Paid Holidays

PTO that increases with service

Generous 401K Company Match

Wellness Reimbursement Program

Eligibility for Bank-wide Bonus Program

Job summary

Park Bank is seeking an SVP Credit Administration in Madison, Wisconsin. This role leads the operational functions of credit, overseeing teams while ensuring compliance and executing credit risk assessments. The ideal candidate has 5-7 years of experience, an Associate's degree, and strong management skills. Benefits include a robust package with health insurance, a hybrid work schedule, and eligibility for a bonus program.

Qualifications

• Minimum 5-7 years of related experience or equivalent combination of education and experience.
• Thorough understanding of compliance rules and regulations.

Responsibilities

• Lead operational and administrative functions of the bank's credit area.
• Manage data integration and analysis for credit risk assessments.
• Evaluate borrower financial performance and assess credit quality.

Skills

Credit risk assessment

Data analysis

Regulatory compliance

Portfolio analysis

Education

Associate's degree or related education

Bachelor's degree in business or related field

Job description

Description

Park Bank is hiring a SVP Credit Administration. This role is responsible for leading the operational and administrative functions of the bank's credit area within a community banking environment, including oversight of the Underwriting and Credit teams. This role manages data integration and analysis to support independent credit risk assessments, ensures compliance with regulatory and IT requirements, and provides reporting and insights to executive leadership and the Board. The SVP will evaluate credit quality through portfolio analysis and individual credit reviews, assess borrower financial performance, support audits and special projects, and contribute to the development and implementation of policies, procedures, and process improvements.

Essential Functions & Duties

• Manage the monthly data file retrieval and integration necessary for the bank to perform its core function and perform its regulatory mandate of performing a fully independent analysis of credit risk
• Source credit files and related portfolio data from internal systems and other information from various sources to provide pertinent trends in data that will provide a quantitative foundation for the banks review sampling and portfolio-level assessments, including Risk Assessments
• Ensure all the bank's data touch points are in full compliance with all federal and local IT protocols and requirements
• Provide data analysis and ad hoc reporting support to the board of directors and executive management
• Continue the development of existing work paper platform to make it more efficient and less intrusive to customers
• Ensure the bank is compliant with all data and systems policies and requirements
• In the course of performing individual credit reviews, use professional expertise to opine on the adequacy of facility underwriting and documentation, including, but not limited to, collateral, repayment sources, risk appetite, leverage, enterprise valuations, discounted cash flow analysis
• Evaluate borrower financial performance through the assessment of financial statements and credit risk metrics, including income statement, cash flow statement, balance sheet and capital structure analysis. Evaluate the financial performance against all base and stress-scenario financial projections as required
• Maintain a thorough understanding of the bank's compliance rules and regulations in accordance with the directives of the board of directors and executive management team

Requirements

Required Education and Experience

• Associate's degree or post-secondary classes/degree. Equivalent experience will also be accepted
• Minimum 5-7 year's related experience; or equivalent combination of education and experience

Preferred Education and Experience

• Bachelor's degree in business or related field

Why Work for Park Bank?

• Robust Benefit Package Including Medical, Dental, Vision, etc.
• Four Different Benefit Packages to Choose What Fits Your Needs Best
• 10 Paid Holidays (Including Your Birthday)
• PTO That Increases Each Year of Service
• Generous 401K Company Match
• Wellness Reimbursement Program
• Associate Resource Groups (ARGs)
• Eligibility to participate in Bank-wide Bonus Program
• Hybrid Work Schedule Available
• And more!

• Park Bank is a drug free workplace. All candidates selected for new employment with Park Bank will be required to submit to drug testing after a conditional offer of employment. Employment is contingent on the associate passing the drug test.
• Credit, Criminal and Driving history will be reviewed when making final employment decisions consistent with applicable laws.
• Park Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, and protected veteran status.
• Park Bank is committed to providing individuals with disabilities with reasonable accommodations in its job application and hiring process. If you have difficulty using our online application system because of a disability, you may contact us at the following email address and phone number: [e-mail] or 608.301.8674.
• The Immigration Reform and Control Act of 1986 require employers to verify the employment status of each person hired.
• Through UnitedHealthcare, UMR and HealthSCOPE Benefits is the published Machine-Readable Files on behalf of Park Bank. Please click to review: Transparency in Coverage