There are important qualities you look for in an employer – meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we’re proud of the premier workplace we’ve created. We regularly receive best in class results through our biennial employee engagement survey. We’re also proud to receive recognition from others, including our designation as a “Best Place for Working Parents®,” being a four-time recipient of the Greater Des Moines Partnership’s Inclusion Award, and being named one of the “Best Businesses Supporting Local Charity” by readers of the Business Record.
We will be filling this position as Credit Officer I or II depending on experience.
Job Summary
The Credit Officer I is primarily responsible for the due diligence, structuring and approval of loans submitted from the various lending areas within approved lending authority limits. This position will work proactively with the underwriters and relationship managers to analyze, structure and recommend approval for credit exposures to ensure strong asset quality. In addition, this position will supervise and develop assigned commercial portfolio managers and/or credit analysts.
Primary Functions and/or Responsibilities
- Utilizes granted Individual Loan Authority in a manner consistent with asset quality objectives of the Bank. Loan authority will be commensurate with experience, expertise and business need, but will generally be utilized for smaller, less complex credits
- Ensures that underwriting packages are complete and prepared in a timely manner
- Assists the Relationship Managers and/or Portfolio Managers as needed to ensure each loan is properly structured based on the credit characteristics
- Reviews credits for appropriate risk rating and approve recommended risk rating changes
- Recognizes and mitigates Loan Policy and Loan Guideline exceptions and ensure proper reporting for tracking purposes
- Supervises assigned Commercial Portfolio Managers and/or Credit Analysts in the preparation of independent, timely, quality credit analysis that defines and mitigates relevant credit issues including but not limited to approval sheets, annual reviews, action plans, financial spreads, projections and any other information relevant to the credit process
- Develops and monitors training progress of Commercial Portfolio Managers and/or Credit Analysts to ensure their professional development goals are being met and that they have been provided access to tools and training necessary to be successful in their positions
- Provides input on Senior Loan Committee agenda items
- Assists Chief Credit Officer with designated credits and special projects
- Performs other duties as assigned
Education and/or Experience Needed
Credit Officer I:
• BA or BS degree in Business, Accounting or Finance
• At least eight years of relevant commercial credit experience required
Credit Officer II:
• BA or BS degree in Business, Accounting or Finance
• At least ten years of relevant commercial credit experience required
Specific Skills, Knowledge & Abilities Needed
- Strong credit analysis skills and techniques
- Loan documentation knowledge
- Commercial loan structuring
- Ability to manage problem loans
- Strong knowledge of Bank regulations
- Loan evaluation skills
Benefits
- Group Health, Dental, and Vision Insurance
- Generous Paid Time Off (PTO)
- Volunteer Time Off (VTO)
- 401(k) plan with lucrative company match
- Tuition assistance
- Company Paid Life Insurance
- Paid Parental Leave
- Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
- Team Member Banking - a suite of products and services with special benefits for employees
Hybrid Eligibility: Position may be eligible for a hybrid work schedule (requiring some days in the office each week).
EQUAL OPPORTUNITY EMPLOYER
“PROTECTED VETERANS” AND “INDIVIDUAL WITH DISABILITY”
Skills Required
- Bachelor’s degree in Business, Accounting, or Finance
- At least eight years of relevant commercial credit experience for Credit Officer I
- At least ten years of relevant commercial credit experience for Credit Officer II
- Strong credit analysis skills and techniques
- Loan documentation knowledge
- Commercial loan structuring experience
- Ability to manage problem loans
- Strong knowledge of bank regulations
- Loan evaluation skills
What We Do
For more than 100 years, Bankers Trust has been a leading financial institution for commercial and consumer banking services. Headquartered in Des Moines, Iowa, Bankers Trust is the largest privately held financial institution in the state, and employs 565 people across the country. With offices in Ames and Cedar Rapids, Iowa; Omaha, Nebraska; Sioux Falls, South Dakota; and Phoenix, Arizona; Bankers Trust offers our customers outstanding service and innovative financial solutions, including a tremendous selection of products and services. Strong in leadership and integrity, Bankers Trust believes in contributing to the success of the communities we serve. We do that through a strong focus on inclusion, volunteerism and financial support. Each year, Bankers Trust invests more than $1 million into the community, and our employees volunteer more than 15,000 hours annually to non-profit organizations. This leadership has earned Bankers Trust numerous community awards and honors including Best Bank, Best Commercial Lender, Iowa's #1 SBA Lender, the 2017 Give Back Iowa Challenge Award, the Greater Des Moines Partnership’s Community Champion Award, the United Way Spirit of Central Iowa Award, the Outstanding Corporate Philanthropist Award, the Greater Des Moines Partnership Inclusion Award, and many others.
