SVP, Credit Administrator

The Loring Group; Santa Rosa (CA); On-site; USD 190,000 - 260,000; Full time

Benefits offered by this job

Bonus eligibility

Comprehensive benefits

In-office 5 days/week

Job summary

The Loring Group is seeking an SVP Credit Administrator to lead a 12-person team responsible for the bank's credit administration for a multi-billion-dollar loan portfolio. The role reports to the Chief Credit Officer and focuses on daily credit administration, monthly reporting, and board-level data review.

In Santa Rosa, CA, you will ensure compliance with all policies and regulations, optimize underwriting processes, and mentor Conventional and SBA credit staff while partnering with loan

Qualifications

• Minimum 10 years of experience in Credit Risk Management, Credit Administration, Loan Work, and Commercial Real Estate & Business loan underwriting.

Responsibilities

• Serve as the primary quality control for credit underwriting to ensure an efficient, effective process.
• Review and evaluate proposed new and renewal extensions of credit for commercial borrowers with emphasis on credit quality and analysis.
• Manage Conventional and SBA credit managers and underwriting staff.
• Collaborate with loan officers to develop strategies for complex credit situations.
• Provide performance management, mentoring and training support to staff.

Job description

OUR CLIENT has grown to over $7 Billion in assets with branches across the San Francisco Bay Area, Roseville-Sacramento Area, Greater Los Angeles, Orange County, Santa Barbara, and Greater San Diego Areas since opening their first branch in January 2005. They also have lenders in Northern and Southern California, as well as in Nevada and Texas. They have been ranked as one of the best-performing banks in the nation by the ICBA and named among the fastest-growing companies in America by Inc. 5000.

POSITION OVERVIEW:

The SVP Credit Administrator leads a team of 12 and supports the Chief Credit Officer in managing the bank’s credit administration function for a $5.6B loan portfolio. This role oversees daily credit administration activities and assists with monthly credit reporting, portfolio data review, and board-level reporting.

RESPONSIBILITIES:

The SVP Credit Administrator ensures compliance within all Bank policies and procedures, as well as all applicable state and federal banking regulations. The initial focus areas for the SVP Credit Administrator will be:

• Serve as the primary point of quality control on credit underwriting ensuring that the underwriting process is efficient and effective.
• Review and evaluate proposed new and renewal extensions of credit for commercial borrowers paying particular attention to the quality and analysis of the credit presented.
• Manage conventional and SBA credit managers and underwriting staff.
• Develop through a collaborative effort with loan officers, alternative strategies to address complex or difficult credit situations.
• Supervisory responsibilities include the Conventional and SBA Credit Managers and respective staff. This person is expected to provide performance management, mentoring and training support.

REQUIREMENTS:

• Minimum 10 years of experience with a focus in one or more of the following areas: Credit Risk Management, Credit Administration, Loan Work, and Commercial Real Estate & Business loan underwriting experience.
• Experience in bond financing, letter of credit facilities, as well as structuring and underwriting loans/bonds for Senior Living and Skilled Nursing Facilities.
• Minimum 5 to 7 years supervisory experience.

COMPENSATION:

Competitive salary, bonus, and benefits package

LOCATIONS:

• Santa Rosa, CA, in-office five days a week.