- Manages the daily workflow of a specific region/division and the assigned staff to ensure current loans are in conformity with terms.
- Assists Relationship Managers with new and existing credit relationships.
- Reviews financial statements, prepares summaries, facts and opinions concerning credit worthiness.
- Communicates directly with CEO, CFO, CPAs and attorneys of customers and prospects regarding credit related matters.
- Reviews transactions prepared by Credit Analysts for approval, both written and verbally.
- Reviews and administers loan and loan commitments to ensure adherence to policy guidelines and documentation is adequate to secure collateral.
- Develops and prepares reports and records relating to business loans, as required.
- Properly grades the account.
- Performs cash flow and financial analysis.
- Manages annual customer performance.
- Approves loan requests up to assigned credit authority (secured $1,000,000; unsecured $100,000).
- Serves a voting member of the credit committee.
- Responsible for the supervision of assigned staff and exercises the usual authority concerning staffing, performance appraisals, promotions, salary recommendations, and terminations.
- Regular and predictable attendance is an essential requirement of the position.
- Responsible for the completion of all compliance training related to the position.
- Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
- Seven (7) years or more of credit analysis or accounting experience preferred.
- Management experience preferred (2 or more years).
- Knowledge of banking industry a plus.
- Credit skills that would allow for accurate and appropriate credit underwriting of a loan request.
- Ability to assess collateral values.
- Ability to utilize various software packages (i.e., Moody’s, CBS)
- Ability to assess management’s abilities.
- Good PC skills--proficiency in Microsoft Word and Excel essential.
- Strong analytical and quantitative skills.
- Ability to communicate verbally and in written format.
- Ability to think independently.
EDUCATION/LICENSES
TRAVEL REQUIREMENTS
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What We Do
Founded in 1863 in South Bend, Indiana, 1st Source Bank has offered clients a convenient and friendly way to bank for over 155 years. At 1st Source, we listen to our clients, understand their needs and always keep their best interests in mind. 1st Source Bank remains the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. We operate banking centers across our region, boast 1st Source Bank Specialty Finance Group locations nationwide, as well as several Wealth Advisory Services locations and 1st Source Insurance offices. We deliver a comprehensive range of banking services along with highly personalized attention to our clients, both individuals and businesses. Our mission is to help our clients achieve security, build wealth and realize their dreams. Additionally, for over 155 years, 1st Source Bank has been giving back to our communities to actively help build good places to live, work and raise our families. This service to our community is one of our principal values and has defined who we are and how we do business. Member FDIC | Equal Housing Lender
