Premier Valley Bank & Yosemite Bank
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Commercial Credit Analyst/Underwriter
at Premier Valley Bank & Yosemite Bank
Premier Valley Bank and it's Divisions, Founders Community Bank and Yosemite Bank, are growing dynamic organizations with many locations offering uniquely different banking and financial solutions for businesses and personal clients. As a performance driven company, we strive to create a culture of excellence with high standards, and high values while providing outstanding growth and involvement opportunities for employees. Join a team that makes "Great Things Happen!"
The Portfolio Manager II is responsible for underwriting Commercial and Ag credit exposures, consisting of gathering, analyzing and interpreting credit and financial information for existing and prospective customers to assess credit quality and minimize risk and potential loss. In addition, the Portfolio Manager II assists the Commercial Banker in managing their client relationships.
PRIMARY & ESSENTIAL RESPONSIBILITIES:
1. Works with limited oversight, to appropriately and timely underwrite credit and develop the appropriate credit structure in relationship to the credit risk.
a. Analyzes historical and projected financial statements for business, personal borrowers and guarantors. Identifies and analyzes risks and repayment ability.
b. Evaluates the adequacy of loan structures and collateral positions.
c. Identifies risks related to borrower operations, considering the history of business, ownership, type of business entity, and industry/sector of the borrower.
d. Summarizes findings in a credit presentation (write-up) which will be utilized by the respective authorities as a basis for their approval decisions. Write-ups will summarize credit risks in a "Credit Comment"; identify loan policy exceptions; propose improvements to loan structure; assess the loan rating, and determine the probability and impact of default.
e. Reviews commercial loan file documentation for accuracy and compliance with approval requirements.
f. Completes required participation allocations based upon an understanding of requirements of combining loans for legal lending limit considerations and assesses appropriate level of approval required for each request.
g. Leads underwriting discussions with Credit Officers and Commercial Bankers.
h. May assist the Credit Officer in providing underwriting, completed applications and servicing requests for Government Guaranteed programs.
i. Keeps the Commercial Banker informed of the status of the credit and obtains concurrence from the Commercial Banker on significant changes to proposed terms and conditions of the credit.
j. Holds weekly meeting with required individuals to ensure the renewal is properly underwritten, and that the loan is renewed on or before the maturity date.
2. Assists the Commercial Banker in the monitoring of the portfolio, specifically:
a. Obtains and reviews financial statements on a timely basis.
b. Understands, detects, and reports the early warning signs of problem credits. Minimizes the risk of credit loss to maintain appropriate risk ratings on all loans.
c. Obtains and reviews Compliance Certificates, Borrowing Base Certificates, and associated receivable, payable, and inventory reports on a timely basis.
d. Monitors all covenants and follow ups immediately on any covenants out of compliance.
3. Assists the Commercial Banker in preparing for client and prospect meetings.
a. Obtains updated information on existing relationship by obtaining industry or call information from sites such as First Research and mentor.
b. Participates, with the Commercial Banker, in meetings with the client or prospect at the customer’s place of business, the bank offices, or by phone. Serves as the expert on PROFITMAX.
4. Prepares business case memos and participates in business case discussions, subsequent meetings with bank management, industry specialists, and other interested parties. Exchanges information, ideas, and seeks to understand the opinions of others.
5. Assists the Commercial Banker in ensuring that all client documentation and customer agreements, credit and non-credit alike, are accurate, properly executed, and funds are withheld until all documents are properly executed.
6. Assists the Commercial Banker by being identified as the in-bank relationship manager, taking care of requests from the customer that cannot be handled by the Loan Assistant.
7. May assist the Commercial Banker by conducting loan closings.
8. Assists the Commercial Banker by scheduling, attending, and participating in the Lender Annual Review.
9. Prepares real estate property evaluations consistent with bank policy and regulations.
10. Conducts business in compliance with bank policies, procedures, federal and state laws and regulations.
11. When applicable, actively participates in community activities that promote the bank and/or assist in business development.
12. May participate in the on-site conversion of acquired banks, including assisting in the conversion of portfolio data, initiating renewal requests, and training bank staff.
13. Continuously seeks additional knowledge and training to enhance sales, credit, and people skills.
REQUIRED SKILLS & EXPERIENCE:
1. Bachelor’s Degree in Business Administration, including specific courses in Accounting, Finance and Economics
2. 3 -5 years of related experience as a Credit Analyst, Portfolio Manager or Commercial Loan Officer
3. Strong analytical skills and an understanding of general economic theory as it relates to the lending and business environment
4. Understanding of credit analysis, risk analysis, and accounting and finance principles
5. Knowledge of commercial and agricultural lending, credit and appropriate banking laws and regulations
6. Strong credit underwriting skills. Experience in credit structuring and prudently accommodating customer credit needs.
7. Track record of demonstrating accuracy and thoroughness; Looks for ways to improve and promote quality. Applies feedback to improve performance and monitors own work to ensure quality.
8. Ability to maintain confidentiality of customer and credit information
9. Demonstrated proficiency in organizing and prioritizing work to meet deadlines, with the ability to adapt within a changing environment
10. Proficient in Microsoft Word, Excel, and Outlook.
11. Experience with PROFITMAX, InfoAccess, CME, AS400/Fiserv or other relevant computer programs, preferred
12. Understanding of bank policies and procedures, preferred
Scheduled Weekly Hours:40
Time Type:Full time
Relationship banking. It's the driving force behind everything we do. Our relationships are based on a mutual trust between banker and client, built over time. As a Premier Valley Bank customer, you'll never be treated as an account-we don't serve numbers, we serve people. And the personal service that you'll receive at Premier Valley Bank is a reflection of that philosophy.
You'll find that banking with Premier Valley Bank offers unique benefits, like business bankers who know your name and your business; loan approvals with local decisions that don't have to come from a centralized, out-of-town office; daily courier service, picking up deposits from your workplace. But the biggest advantage may be that we have a vested interest in your business and your community, in helping them both to thrive and grow. We are committed to your success.
Premier Valley Bank is a subsidiary of Heartland Financial USA, Inc., a multi-billion financial services company dedicated to the principles of community banking: Community involvement, an active board of directors, local presidents and local decision making.
EOE/AA Employer · M/F/Disabled/Vet
Member FDIC · Equal Housing Lender
Employment at Heartland Financial USA, Inc. is employment at will