Credit Officer III

Posted 17 Days Ago
Be an Early Applicant
Burbank, CA, USA
In-Office
104K-151K Annually
Expert/Leader
Financial Services
The Role
Analyzes complex business and individual credit requests using financial statements, tax returns, and cash flow analysis. Reviews files, identifies needed information, evaluates lending risks, and prepares clear Reports of Credit Extended. Ensures compliance with lending policies and applicable laws, collaborates with branch and credit management teams, and refers exceptions to appropriate departments. May assist with training junior credit officers and trainees.
Summary Generated by Built In

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.

SUMMARY 

The Credit Officer III has prior experience and expertise in credit analysis, with an understanding and ability to handle financial statement, tax return and cash flow analysis for businesses and individuals.   Based on the credit request and analysis of the business or individual, the Credit Officer provides the bank with an accurate, clear and concise written credit request (report of Credit Extended- RCE).  The Credit Officer III will have the ability to work on the most complex credits.  May assist and train junior credit officers/trainees to obtain/increase the understanding of the credit analysis process and improve credit skills.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

  • Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
  • Provide, present and promote The Citizens Experience to all external and internal customers.
  • Review credit request/file for completeness.
  • Spread financial statement and/or tax returns.
  • Evaluate a credit request and formulate questions, if necessary to complete Report of Credit Extended (RCE).  
  • Prepare an accurate, clear and concise RCE.
  • If credit request does not fit within the bank's standard lending policy and procedures, refer to other bank departments.
  • Discuss credit requests with branch personnel and Credit Management Division.
  • Assist and/or train junior credit officer/trainees to obtain/increase the understanding of the credit analysis process and improve credit skills.
  • Other duties may be assigned.

 

SUPERVISORY RESPONSIBILITIES 

This job has no supervisory responsibilities.

 

QUALIFICATIONS  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

EDUCATION and/or EXPERIENCE 

Bachelor’s degree (B.A) from four year college or university; a minimum of ten years related experience and/or training; or equivalent combination of education and experience. 

 

A Master’s Degree or equivalent is preferred. 

 

LANGUAGE SKILLS 

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.   Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

 

MATHEMATICAL SKILLS 

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.  Ability to apply concepts of basic algebra and geometry.

 

REASONING ABILITY 

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.  Ability to deal with problems involving several concrete variables in standardized situations.

 

PHYSICAL DEMANDS  

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

While performing the duties of this job, the associate is regularly required to sit and talk or hear.  The associate frequently is required to use hands to finger, handle, or feel.  The associate is occasionally required to walk and reach with hands and arms.  The associate must occasionally lift and/or move up to 10 pounds.  Specific vision abilities required by this job include close vision.

 

WORK ENVIRONMENT  

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

The noise level in the work environment is usually moderate.

Salary Range:$104,061.00 To $150,888.00 Annually 

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.

Skills Required

  • Bachelor's degree from a four-year college or university
  • At least 10 years of related experience and/or training, or an equivalent combination of education and experience
  • Master's degree or equivalent
  • Ability to analyze financial statements, tax returns, and cash flows
  • Ability to prepare accurate, clear, and concise credit reports
  • Ability to interpret business, professional, technical, and governmental materials
  • Ability to write reports, business correspondence, and procedure manuals
  • Ability to present information and respond effectively to questions
  • Ability to perform mathematical calculations involving interest, percentages, proportions, and related figures
  • Ability to apply common-sense reasoning to resolve problems involving multiple variables

Citizens Business Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citizens Business Bank and has not been reviewed or approved by Citizens Business Bank.

  • Retirement Support — Retirement support includes a 401(k) plus profit-sharing, with a qualified non-elective employer contribution described as a meaningful baseline and additional profit-sharing that can add upside. Employer retirement funding is portrayed as a stronger pillar of total rewards even when cash pay feels lean.
  • Affordable Benefits — Employer cost-sharing for medical coverage is described as substantial, with materials citing coverage of roughly three-quarters of premiums for the lowest-cost plan. This premium subsidy is characterized as competitive for a mid-size bank and supports the overall value of the benefits package.
  • Leave & Time Off Breadth — Paid vacation, holidays, and sick leave are explicitly part of the package, and the time-off offering is frequently characterized as "good PTO" and "generous holidays." Predictable scheduling and workable balance are framed as non-cash rewards that can partially offset lower base pay for some roles.

Citizens Business Bank Insights

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The Company
HQ: Ontario, CA
1,082 Employees
Year Founded: 1974

What We Do

Citizens Business Bank is consistently recognized as one of the top-performing banks in the nation and offers a wide array of banking, lending, and investing¹ services through over 60 banking centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and Central California. CVBF trades on the NASDAQ stock exchange under the symbol CVBF. Member FDIC | Equal Housing Lender | Equal Opportunity Employer ¹Not Insured by FDIC or Any Other Government Agency • Not Bank Guaranteed • Not Bank Deposits or Obligations • May Lose Value

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