Senior Credit Underwriter - Team Lead
Apply NowCompany: GEORGIA BANK & TRUST COMPANY OF AUGUSTA
Location: Tower, MN 55790
Description:
As a leading regional bank, SouthState has been providing financial solutions to individuals, families, and businesses in the Southeast for more than 100 years. SouthState team members strive to create remarkable experiences while building meaningful and lasting relationships. We are proud to be a reflection of the communities we serve, and our team members share core values that make SouthState a great place to bank, and a great place to work.
Summary:
The Senior Credit Underwriter/Team Lead will lead a team of underwriters and credit analysts in the form of direction, coordination, evaluation of personnel, and carrying out other supervisory responsibilities. This position will include independently underwriting complex transactions, as well as training, mentoring and coaching less experienced underwriters. Other duties include assisting with the distribution of workflow among the underwriting teams, and interacting with Relationship Managers and Credit Officers during the underwriting process.
Responsibilities:
Underwriting/Reviewing Approval Packages
Ensure that the bank's underwriting strategy is aligned with wider business goals within assigned Region
Promptly review loan requests submitted by Relationship Managers, determine level of credit authority needed to decision the credit, and assess the most appropriate analytical approach
Prepare and/or direct the preparation of a credit approval package for submission to the credit decision authority
Help with vetting, assigning and managing workload for UW/CA team
Help with reviewing and processing annual reviews
Recruit, manage, develop, train, and retain underwriting staff
Provide leadership in directing, developing, and training other Credit Analysts in analytical methods and other underwriting concepts
Participate in recruiting activities to ensure quality candidate pool including participating in interviews in support of the Officer Development Training program
Ensure appropriate Talent Management activities and development plans are in place for staff
Monitor and review credit underwriting to ensure product is Right the First Time
Administration
Clearly communicate progress and/or needs in a timely and precise manner throughout the underwriting process
Evaluate trends and potential risks that could impact the customer/prospect's ability to repay the credit extension and identify mitigating factors and/or additional information needs to offset these trends and risks
Continuously review procedures, processes and credit policy with an eye towards process improvement and efficiency
Interact with the Relationship Manager to identify and quantify repayment sources including cash flow, collateral and individual recourse
Proactively study the bank's loan policy and banking regulations to determine if proposed loan terms and conditions are in compliance
Cite policy exceptions with mitigants and provide Relationship Managers with technical advice and assistance as needed
Assist with the monitoring of loan performance in the bank's portfolio
Qualifications:
Education
Bachelor's Degree in business, Finance, Accounting or related field
Minimum Experience
7 years Credit underwriting experience with exposure to complex C&I and/or CRE transactions
2 years managing and/or coaching teams of credit analysts and underwriters
Completion of a formal credit training program
Knowledge/ Skills/ Abilities
Advanced knowledge of credit philosophy and policies as well as loan documentation
Proficiency in Microsoft Word and Excel is required
Advanced cash flow analysis experience required
Ability to formulate and articulate objective views based on professional credit analysis
Strong verbal, written, and interpersonal skills, as well as analytic and problem solving skills
Skilled in monitoring/assessing the performance of self, other individuals, or organizations to make improvements or take corrective action
Skilled in personnel resources management through motivating, developing, and directing people as they work, identifying the best people for the job
Motivated self-starter and an active learner
Comfortable working in a fast paced and dynamic work environment
Ability to effectively plan, manage, and delegate the work of others
Ability to supervise others
Ability to train others
Summary:
The Senior Credit Underwriter/Team Lead will lead a team of underwriters and credit analysts in the form of direction, coordination, evaluation of personnel, and carrying out other supervisory responsibilities. This position will include independently underwriting complex transactions, as well as training, mentoring and coaching less experienced underwriters. Other duties include assisting with the distribution of workflow among the underwriting teams, and interacting with Relationship Managers and Credit Officers during the underwriting process.
Responsibilities:
Underwriting/Reviewing Approval Packages
Ensure that the bank's underwriting strategy is aligned with wider business goals within assigned Region
Promptly review loan requests submitted by Relationship Managers, determine level of credit authority needed to decision the credit, and assess the most appropriate analytical approach
Prepare and/or direct the preparation of a credit approval package for submission to the credit decision authority
Help with vetting, assigning and managing workload for UW/CA team
Help with reviewing and processing annual reviews
Recruit, manage, develop, train, and retain underwriting staff
Provide leadership in directing, developing, and training other Credit Analysts in analytical methods and other underwriting concepts
Participate in recruiting activities to ensure quality candidate pool including participating in interviews in support of the Officer Development Training program
Ensure appropriate Talent Management activities and development plans are in place for staff
Monitor and review credit underwriting to ensure product is Right the First Time
Administration
Clearly communicate progress and/or needs in a timely and precise manner throughout the underwriting process
Evaluate trends and potential risks that could impact the customer/prospect's ability to repay the credit extension and identify mitigating factors and/or additional information needs to offset these trends and risks
Continuously review procedures, processes and credit policy with an eye towards process improvement and efficiency
Interact with the Relationship Manager to identify and quantify repayment sources including cash flow, collateral and individual recourse
Proactively study the bank's loan policy and banking regulations to determine if proposed loan terms and conditions are in compliance
Cite policy exceptions with mitigants and provide Relationship Managers with technical advice and assistance as needed
Assist with the monitoring of loan performance in the bank's portfolio
Qualifications:
Education
Bachelor's Degree in business, Finance, Accounting or related field
Minimum Experience
7 years Credit underwriting experience with exposure to complex C&I and/or CRE transactions
2 years managing and/or coaching teams of credit analysts and underwriters
Completion of a formal credit training program
Knowledge/ Skills/ Abilities
Advanced knowledge of credit philosophy and policies as well as loan documentation
Proficiency in Microsoft Word and Excel is required
Advanced cash flow analysis experience required
Ability to formulate and articulate objective views based on professional credit analysis
Strong verbal, written, and interpersonal skills, as well as analytic and problem solving skills
Skilled in monitoring/assessing the performance of self, other individuals, or organizations to make improvements or take corrective action
Skilled in personnel resources management through motivating, developing, and directing people as they work, identifying the best people for the job
Motivated self-starter and an active learner
Comfortable working in a fast paced and dynamic work environment
Ability to effectively plan, manage, and delegate the work of others
Ability to supervise others
Ability to train others