VP, Credit Underwriting Management

Midwest BankCentre is proud to be recognized as one of St. Louis' Top Workplaces for 2021, 2022, 2023 and 2024!

Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest BankCentre!

Why Midwest BankCentre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.

We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.

Objectives of this Role:

We are seeking an experienced Vice President of Credit Underwriting Management to join our team. As a community bank located in St. Louis, Missouri, we have a strong focus on supporting and investing in our community. This position plays a critical role in overseeing the commercial credit underwriting process and ensuring effective workflow management between the credit department and commercial lenders. The Vice President will lead a team of analysts, ensuring efficient resource allocation, high-quality work products, and ongoing team development. The role requires close collaboration with relationship managers and stakeholders to accurately evaluate and structure loan requests in alignment with prudent underwriting standards.

Essential Functions

Team Leadership and Development:

• Manage and mentor a team of credit analysts, fostering a collaborative and high-performance culture.
• Ensure efficient allocation of resources and workload management within the team.
• Conduct regular performance reviews, provide feedback, and support professional growth opportunities.
• Promote and facilitate continuous learning and development for team members.

Credit Underwriting and Approval:

• Oversee the underwriting of credit approval requests for both prospective and existing clients.
• Ensure that all credit assessments are thorough, accurate, and comply with internal policies and regulatory requirements.
• Review and approve credit recommendations, providing guidance on complex loan structures and risk assessments.

Workflow Management:

• Facilitate effective communication and workflow between the credit department and commercial lenders.
• Implement and maintain processes to streamline credit underwriting and approval procedures.
• Monitor and improve the efficiency and effectiveness of commercial credit operations.

Collaboration and Relationship Management:

• Work closely with relationship managers to evaluate and structure loan requests.
• Assist in the development of lending strategies and solutions that meet client needs while adhering to prudent underwriting standards.
• Participate in client meetings and discussions as needed to provide credit expertise.

Quality Control and Risk Management:

• Ensure the consistent quality and accuracy of credit proposals.
• Identify, assess, and mitigate credit risks through rigorous analysis and review.

Maintain up-to-date knowledge of industry trends, regulatory changes, and best practices in credit underwriting.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities are as required and may change at any time with or without notice.

Competencies

• Customer Centric Focus
• Diversity and Inclusion
• Act with Integrity
• Collaboration and Teamwork
• Results Oriented/Execution
• Business Acumen

Leadership Competencies

• Building Effective Teams
• Empowerment
• Create Vision and Alignment
• Reward and Recognize Employees
• Commitment to fostering a culture of continuous learning and professional development.

Skills and Qualifications

• Bachelor's degree in Finance, Accounting or related Field; MBA or advanced degree preferred
• Minimum 7 years of commercial banking experience
• Strong analytical and quantitative skills with the ability to interpret complex financial information.
• Excellent communication and interpersonal skills, with the ability to build and maintain effective working relationships.
• In-depth knowledge of credit risk assessment, loan structuring, and regulatory requirements for commercial credit requests.
• Proficiency in financial modeling and analysis tools.
• Detail-oriented with strong organizational and problem-solving skills.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Extensive reading and computer use is expected more than 50% of the time. Receiving detailed information verbally, in person, in writing, and by telephone is essential.
• Physical and mental ability to perform the essential functions of the job as listed.
• Able to regularly stand or sit for prolonged periods of time.
• Able to verbally communicate effectively with others.
• Able to legally operate an automobile in order to perform external real estate collateral inspections and other duties as assigned.
• Regular attendance is necessary and essential to this position.

Why Join Us:

Community Focus: Be part of a community bank that values and actively supports the St. Louis area.

Competitive Compensation: We offer a comprehensive salary and benefits package.

Professional Growth: Opportunities for continuous learning and development.

Impactful Work: Play a key role in shaping the credit strategy and success of our organization.

Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.

Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply for jobs unless they meet every listed qualification. Midwest BankCentre is recognized nationally for its Diversity, Equity, and Inclusion practices and embraces these practices as a competitive advantage.

If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be the right candidate for this or other Midwest BankCentre roles!

AAP/EEO Statement

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, or protected veteran status and will not be discriminated against on the basis of disability.

We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.