VP/Credit Officer III - Equipment Finance

Job Summary:

The VP – Credit Officer will underwrite, decision or make credit recommendations for equipment loan and lease transactions ranging from $50,000 to $1,000,000+ that originate from vendor, direct and indirect channels.  Identify risks and offer alternative credit structures to improve portfolio quality.  Assist with strategic leadership for the Department’s credit and operational activities. This includes proposing enhancements to credit policy, credit processes, portfolio management, ongoing processing of collateral analysis, security perfection and collections.

Primary Duties:

• Provide recommendations for the creditworthiness of end user customers as well as the partner vendors and investors.
• Maintain relationships with key customers, vendors, investors and internal stakeholders.
• Assist the sales team in the pre-qualification of new opportunities.
• Interface with customers, partners and sales to obtain required financial information and resolve any credit related issues.
• Organize and maintain the renewal of credit lines, portfolio ratings and annual reviews.
• Track and communicate key industry data and economic influencers to the broader organization.
• Assist in collection related activities that may lead to the workout and/or restructuring of accounts.
• Assist in syndication related activities leading to the sale of equipment finance transactions for exposure management and/or fee income.
• Assist in the development of report creation that thoroughly monitors the portfolio and credit processes.
• Ensure compliance with appropriate regulatory requirements.
• Conduct business that upholds a high level of ethical standard.
• Know by name and face as many customers and employees as possible, calling them by name as often as possible.
• Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
• Know, understand, and live the company values and bottom line.
• Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
• All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
• Prompt and reliable attendance.
• Perform other duties as assigned.

Job Skills Required:

• BA or BS degree in accounting, finance, or related field.
• Minimum 5 years of equipment finance underwriting experience.
• Working knowledge of equipment finance documentation, including security perfection.
• Collateral analysis experience across many industries, including ag, construction, transportation, manufacturing and healthcare.
• Strong leadership skills.
• Professional written and communication skills.
• Ability to deal with multiple tasks and deadlines.
• Effective time management and organizational skills.