GrandSouth Bank
  • Greenville, SC, USA
  • Full Time

Yes


Primary Function

Perform necessary credit analysis, due diligence, and review of documents for new commercial credit transactions and commercial credit renewals.  Exhibit strong credit knowledge, policy expertise and analytical abilities to recommend credit decisions consistent with bank policy and supported by sufficient analysis.  Act as a contributing member of a cross-functional team, managing complex transactions to completion, balancing sales with credit quality goals, and meeting customer deadlines.  Serve as an expert in loan structuring, loan products, credit analysis, repayment viability, and credit policy. Provide quality customer service through interactions with both lenders and customers.

 General Duties

  • Maintain sound and consistent underwriting practices consistent with credit policies, standards, and guidelines.
    • Support Bank revenue and fee income goals, as well as mitigate risks and losses, by leading the underwriting of loans consistent with the established credit strategy and policy.
  • Demonstrate leadership on lender/underwriter teams by demonstrating the importance of client relationship development, maintaining timeliness in the completion of tasks, and developing a concise understanding of the transaction.
    • Work proactively with both internal and external contacts to keep transactions moving.      
  • Utilize excellent credit skills to present a concise analysis of credit requests, using appropriate structure and identifying risks and determining if/how those risks can be best mitigated.
    • Demonstrate technical competency in credit policy, risk assessment, collateral analysis, structuring, pricing and profitability and the approval process.
    • Conduct complex credit investigations on Commercial and Industrial, Commercial Real Estate, Agricultural, and Consumer clients.
    • Spread financial statements to create a standardized format for period-over-period comparison.
    • Compile personal, business, and global cash flow analyses to determine a borrower's capacity to repay debt, including the review of multiple periods of financial statements. Maintain an understanding of omitted information and request additional information, as needed.
    • Compile personal cash flow analyses to assess an individual's ability to serve as a primary, secondary, or tertiary source of repayment for a credit.
    • Apply knowledge of specific industries to credit analysis, such as creating projections for farmers applying for agricultural loans based on acreage, commodity pricing, etc.
    • Understand complex transactions (i.e. Borrowers/Guarantors who own multiple entities).
    • Formalize documentation of loan transactions and credit history of borrowing customers.
    • Facilitate borrower site visits with Account/Loan Officers.
    • Structure transactions by balancing creative solutions with credit risk, rather than predetermining loan structure.
    • Prepare underwriting analyses and communicate a valid credit perspective for new and renewal/modification of existing credit commitments.  Provide recommendations to the loan officers and approvers pertaining to loan structure, repayment plan, and performance covenants.
    • Present credit decisions to the customer in such a manner that demonstrates the Bank's desire to gain new credit opportunities and develop client relationships.
    • Strive to shorten the timeline from deal assignment to deal decision by communicating efficiently and effectively. Deliver timely responses/decisions/completion of underwriting tasks. Adhere to deadlines.
    • Utilize credit software tools to prepare underwriting analysis, credit documents, and establish tracking aides.
  • Conduct in-depth research and analysis related to special projects for Senior Management.
    • Monitor and test financial performance covenants on a regular and recurring basis, and report the results to Senior Management, along with recommendations when action is required.
  • Demonstrate excellent communication skills both internally and externally and use those communication skills to effectively solve problems.
    • Manage working relationships with all areas of the Bank. Communicate credit expectations and goals to employees. Provide direction and assistance to other organizational units regarding credit policies and procedures.
  • Remain current on and adhere to all compliance regulations and requirements, as well as industry initiatives and trends. Translate credit knowledge through business correspondence, meetings, and modifications in Bank policies and procedures.
  • Participate in ongoing professional / educational development opportunities in order to stay current on lending standards, products, initiatives, and trends.
  • Provide support to Chief Credit Officer and carry out assigned duties and projects.
  • Works well with all members of the team.
  • Other duties as assigned.

 Work Experience Requirements

  • Credit Training through ABA, RMA, state bankers' school preferred
  • Minimum 3-5 years in a commercial underwriters role within a financial institution
  • Excellent understanding of financial analysis, risk assessment, credit and financing structuring and troubled credit resolution.
  • In-depth knowledge of banking laws and regulations with an emphasis on credit administration.
  • Negotiates and influences internally and externally at senior levels.
  • Critical level of attention to detail.  Excellent verbal and written communication skills. 
  • Computer literacy, specifically with Microsoft Office products (Excel, PowerPoint, Word) and credit software systems
  • Excellent decision-making, analytical, and problem-solving skills.
  • Excellent listening and verbal and written communication skills and the ability to interact professionally in a collaborative environment with a diverse group of internal and external contacts.
  • Ability to prioritize and handle multiple assignments concurrently.
  • Ability to comprehend and adhere to operational controls, including compliance to all required policies and all Federal and State banking regulations, including compliance to the Bank Secrecy Act/Anti Money Laundering (BSA/AML) and Office of Foreign Asset Control (OFAC) and USA PATRIOT Act programs.
  • Ability to meet and adhere to compliance to the Truth in Lending/Dodd Frank Act qualification requirements for Loan Originators and the SAFE Act.

 Education Requirements

  • Bachelor's degree in a business field

 

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