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Senior Commercial Credit Officer

Company: Blue Hills Bank
Location: Brockton
Posted on: June 6, 2021

Job Description:

This is a senior level credit position with direct responsibility for credit quality oversight of a commercial loan portfolio primarily related to a regions focusing on Commercial Real Estate lending. This position works collaboratively with Commercial Loan Officers, Commercial Credit Officers, Portfolio Managers, and Underwriters on loan originations, renewals, portfolio management, and reports directly to the Chief Credit Officer. The Senior Commercial Credit Officer is expected to proactively provide guidance and recommendations for protective and balanced credit structures on larger CRE transactions Bank-wide. This person is accountable for monitoring the credit approval process for the designated portfolio, and identifying and providing credit risk management oversight, as such, the position requires broad knowledge of commercial lending, credit underwriting and risk management functions with an in-depth focus on CRE. This is a highly visible senior management role requiring interpersonal skills, strategic thinking, and the ability to re-engineer process and procedures and significant decision-making capabilities.

The Senior Commercial Credit Officer role is responsible for the day-to-day management of a team of credit professionals inclusive of a Commercial Credit Officers, Portfolio Managers and Credit Underwriter for the Metro Boston/North Region and provides dotted line guidance to Commercial Lenders and credit professionals throughout the Bank's footprint on large Commercial Real Estate financing. This Officer will also have responsibility for the commercial construction management team which performs necessary construction due diligence and monitoring of financed commercial construction developments.

Essential Functions:

  • Participates in pre-screening meetings and term sheet recommendations on deal structure and provides credible challenge to each transaction in an effort to apply consistent interpretation of portfolio strategic objectives, credit policies and guidelines throughout the CRE Portfolio.
  • Participates in client meetings as needed to provide insight to Bank Lending Policy and credit procedures and to assist in transaction structure.
  • Responsible for the quality, integrity of all financial analysis, underwriting, and risk ratings in accordance with the bank's credit policies and guidelines, as well as, making recommendations to ensure soundness of all credit decisions inclusive of loan structure, terms and conditions for approval.
  • Evaluates, recommends or declines recommendation of all complex CRE transactions prior to presentation to and evaluation by Credit Committee.
  • Manages the credit approval process inclusive of ensuring presentation materials for credit committees are complete
  • Has loan approval authority as outlined in the Bank policies and is a voting member of the Credit Committee and other management committees as deemed necessary
  • Oversees and reviews performance of designated portfolio in order to identify early risk signals and prevent or reduce loan losses.
  • Manages teams of credit professionals performing portfolio management, and underwriting for the Commercial CRE focused lenders.
  • Manages a team of construction due diligence professionals, monitoring risks associates with assets that are still in the development phase
  • Develops and oversees ongoing evolution of credit policies, products, guidelines and procedures relative to the designated portfolio.

Other Managerial Functions:

  • Recruiting, hiring, assignment and adjustment of staff roles and responsibilities, as required,
  • Ongoing maintenance and updates to process and procedures,
  • Implementation of new process and procedures for future functions,
  • Training and development of necessary knowledge and skills among staff,
  • Establish and monitor department productivity goals.

Qualifications/Required Skills:

  • Undergraduate degree required, with MBA preferred
  • Minimum 10 years of solid experience in commercial banking/credit risk management environment with sharp analytical skills and strong knowledge of credit risk in commercial real estate lending environment, some level of direct CRE lending experience preferred,
  • Demonstrated track record of managing transactions, leading and cultivating individuals, interacting with all levels of the organization and working within a team environment to manage, monitor and grow portfolio in a business environment based upon mutual respect and teamwork
  • Expert knowledge of complex transaction structuring from both risk, credit and legal documentation perspectives,
  • Strong, pragmatic decision-making skills,
  • Excellent written/verbal communication skills.

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Keywords: Blue Hills Bank, Brockton , Senior Commercial Credit Officer, Other , Brockton, Massachusetts

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