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Regional Credit Officer, C&I

Company: First Foundation Bank
Location: Irvine
Posted on: May 14, 2022

Job Description:

Job Description Summary: Remote Capabilities . This position is responsible for reviewing and approving/declining moderately to complex C/I and commercial real estate loans within defined approval credit parameters using in-depth financial analysis. This includes, but is not limited to, ensuring loan approvals are in compliance with credit policy, procedures, and credit philosophy. The position will also assist in supervising and monitoring an assigned regional credit portfolio and key personnel in an effort to mitigate loss, delinquency, and overall risk for supervising and maintaining policy. Commercial & Industrial (C&I) lending credit using in-depth financial analysis. This includes, but is not limited to, equipment finance, small balance business lending, Small Business Administration (SBA) or government lending, middle-market lending, municipal finance, and corporate lending in the form of Shared National Credits and participations. Duties and Responsibilities: Responsible for ensuring and overseeing credit policy, guidance, and best practices for all C&I credit as well as ensuring and overseeing that approved loans adhere to the Bank's C&I credit policies and procedures accordingly. Ensure that all aspects of the requested credit accommodations meet regulatory requirements Assist with initial loan structuring through quantitative and qualitative analysis, managing all aspects of the due diligence process Restructures loans and/or lines of credit as required; assumes accountability for minimizing Bank losses Supervises and directs the write-up of the loan approval memos and issuance of all approval letters by the underwriting team Effectively institute a complete and working understanding of the Bank's lending objectives, its credit policies and procedures, and the underwriting process. Review, monitor, and facilitate all loans through the application, processing, underwriting, and funding. Review, monitor, and facilitate all C&I portfolio quarterly reporting in collaboration with the Chief Commercial Credit Officer Review, monitor, and facilitate the Bank---s credit analyst front-end analysis and cash-flow spreads Reviews and recommends all C&I loans prior to submission to Chief Commercial Credit Officer, Chief Credit Officer, and/or Executive Loan Committee. Perform direct supervisory duties of department staff; coordinate staff for coverage in all related areas of the department Independently from the appraisal process, structure policy, guidance, and best practices around the evaluation of cash flow from owner-occupied property or businesses to determine their capability of servicing proposed debt and maintaining the required Debt Service Coverage Ratio (DSCR) and Loan-to-Value (LTV) ratios over the term of all loans (if applicable). Supervise the analysis of historical operating statements, current operating statements, current rent rolls, profit and loss statements, balance sheets, and lease or rental agreements to accurately understand the current and future quantity, quality, and probable duration of the income stream from the property or business Review findings and decisions with the Chief Commercial Credit Officer Travel to meet with clients Perform other duties as assigned Supervisory Responsibilities: This position has direct supervisory responsibilities. Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education and/or Experience: Bachelor---s Degree required; or equivalent combination of both education and experience. 7 plus years managing a lending team Minimum of 10 plus years of related experience required; to include lending and credit analysis training at a financial institution. Strong knowledge of credit analysis, including real property analysis and valuation, real estate lending, loan underwriting, financial and credit analysis, appraisal and environmental engagement and review, portfolio reporting, and HMDA reporting Skills: Must be able to work effectively with senior-level executives across the company. Must demonstrate strong and effective leadership abilities, interpersonal skills, effective problem solving and decision-making skills. Must be able to work a flexible schedule. Must possess superior written and oral communication skills. Requires ability to prioritize effectively and multi-task. Excellent Excel skills and proficiency in Microsoft Office products. Proven ability to take on large projects, and process improvement initiatives. Other Requirements: Valid state driver---s license. Required to travel a minimum of 25% of the time to meet with clients; method of travel (i.e. driving, flying) will vary depending on location. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. First Foundation is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.

Keywords: First Foundation Bank, Irvine , Regional Credit Officer, C&I, Other , Irvine, California

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