JOB DESCRIPTION
Summary/Objective
Will support Commercial Banking Executives in the origination of new loans and management of credit portfolio. This role will work closely with the origination team and credit risk management in structuring transactions, reviewing and analyzing financial statements, conducting due diligence, assessing credit risk, preparing deal screen presentations, and monitoring and managing the credit portfolio.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Working knowledge of Relationship Manager’s loan portfolios.
- Management of past due and matured loans.
- Regular contact with customers for ongoing maintenance of relationship.
- Monitor, review and update the Bank’s Tickler System for receipt of financial documents and measurement of loan covenants.
- Coordinate with Commercial Banking Administrators and other team members to send and follow up on communications with customers requesting financial information and other required information.
- Utilize various system applications such as, Silverlake, Baker Hill and/or Synergy, to ensure all financial and loan documents are placed in the system of record.
- Answer and document customer inquiries.
- Monitor and assist in clearing post-closing exceptions.
- Assist Commercial Banking Executives in preparing requests for underwriting.
- Understand and perform various underwriting tasks such as cash flow analysis, trend analysis and sensitivity analysis. Must be able to read and analyze personal as well as business financial statements which may, on occasion require the spreading of those statements.
- Provide assistance as needed on pre and post-closing items and related documentation.
Other Duties
- Complies with all policies and procedures as applied to the Bank's BSA/AML policy.
- Perform other duties as assigned.
Skills/Abilities
- Thorough knowledge of commercial lending process including credit evaluation and underwriting.
- Ability to accurately interpret lending policy and apply same to the management of the portfolio.
- Detailed knowledge and understanding of credit and financial analysis tools and techniques.
- Maintain current knowledge of, and abide, by all applicable government regulations.
- Ability to accurately interpret loan agreements and other loan documentation.
- Ability to identify and quantify business risks and the key drivers of risk and focus decisions accordingly.
- Thorough knowledge of banking regulations and laws governing commercial lending.
- Strong written and oral communication skills.
- Strong organizational skills with ability to set priorities in a multi-task environment and meet deadlines.
- Proficient in Microsoft Office and Excel.
Supervisory Responsibility
This position does not have supervisory responsibilities.
Work Environment
This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.
Physical Demands
This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping or standing as necessary.
Travel
Limited local travel may be required for this position.
Education and Experience
- Seven years of experience in a commercial lending environment with proven experience in credit evaluation, portfolio risk assessment and/or special assets required.
- Bachelor’s degree in relevant field or equivalent additional related work experience.
Equal Employment Opportunity/M/F/disability/protected veteran status
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 may change at any time with or without notice.
Skills Required
- Seven years of experience in a commercial lending environment with proven experience in credit evaluation, portfolio risk assessment, and/or special assets
- Bachelor's degree in a relevant field or equivalent additional related work experience
- Thorough knowledge of commercial lending, credit evaluation, and underwriting
- Knowledge of banking regulations and laws governing commercial lending
- Ability to analyze personal and business financial statements
- Proficiency in Microsoft Office and Excel
- Strong written and oral communication skills
- Strong organizational skills and ability to manage priorities and deadlines
What We Do
Burke & Herbert Bank is a Virginia-based community bank serving businesses, families, and communities. It offers personal and business financial solutions for customers’ banking, borrowing, and investment needs through branches across several states. The bank emphasizes expert guidance, strong local leadership, relationship-based service, and helping customers succeed in business and in life, with a stated purpose of building prosperity for customers and community.
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