Commercial Credit Administration Director

Company: BECU
Location: Myrtle Point
Posted on: March 16, 2023

Job Description:

As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy - which includes our team members.BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU.To learn more visit becu.org/careers.**PAY RANGE**The Target Pay Range for this position is $157,800-$192,800 annually. The full Pay Range is $122,300-$228,200 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.**BENEFITS**Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company's 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here .**SUMMARY**The Commercial Credit Administration Director is responsible for the first level administration of all business-purpose lending activities including loan underwriting analytics, portfolio risk management including concentration risks and asset quality at BECU. This position will continually assess Business Services credit quality and related risk rating analytic framework, overseeing policy and guideline development. The role is also responsible for the approval of loans for business related credit, either directly or with recommendation to the VP, Commercial Credit or Senior Loan Committee.The Commercial Credit Administration Director will oversee portfolio management analytics and provide credit administration for the commercial portfolios through monitoring, oversight and analysis, drive enhancements to Credit Strategy, Governance, and Risk Rating Methodology. In addition, as a Credit Administrator, the Commercial Credit Administration Director will review Preflight and loan requests at designated loan amounts. Responsibilities include initial forecasting for: credit quality weighted average risk rating, loan loss reserves charge-offs, Capital Plan Stress Testing CPST) methodology, due diligence on potential financial institution acquisitions, counterparty credit risk approvals for Financial Institution Loan Participations and Sales, and support development and implementation of Current Expected Credit Loss (CECL) methodology.**RESPONSIBILITIES**+ Perform all responsibilities in accordance with BECU Competencies, compliance, regulatory and Information Protection requirements.+ Develop and ensure the effective implementation of policies, guidelines and underwriting standards impacting commercial business-purpose lending comprised of Commercial Real Estate (CRE), Commercial & Industrial (C & I) business lending and our small businessScored Credit (SC) and Small Business Administration (SBA) lending platform.+ Effective communication, interpersonal, and leadership skills.+ Proven ability to develop strategies and execute against a clearly defined tactical plan.+ High energy, passion for credit risk management. collaborative business partner with the ability to work and navigate across organizational boundaries and develop relationships at all levels within the organization and external constituencies (i.e. rating agencies, regulators, outside auditors, etc.).+ Serves as strategic commercial business partner with VP - Commercial Credit to Senior Vice President, Commercial & Business Services, manager in assessing new product and market opportunities as well as assessing reduction of exposures in designated areas.+ Oversee credit approval for portfolio management risk analytics, including asset quality monitoring and reporting and determination of assets to be transferred to a Commercial Credit Administration Special Assets Officer and oversight of Special Credit workouts.+ Monitor problem loan portfolio, including approval monitoring and oversight of problem loan-related action plans. Work towards satisfactory resolution of problem loans in conjunction with the Special Assets Officer and VP, Commercial Credit, including attending member meetings and partnering on calls with Special Assets Officer as needed. Updates Senior Loan committee on key risk assessments of the portfolio as needed.+ Advise senior management, Senior Loan Committee and Credit Risk Committee of any key industry changes in certain commercial real estate segments and property types, as well as the Commercial and Industrial loan portfolio (C & I) and Small Business Lending platform.+ Analyze monthly credit quality trends including weighted average risk rating, delinquency and loan loss trends for assessment of monthly and quarterly loan loss reserves for the Allowance for Loan Loss Committee (ALL) in conjunction with VP - Commercial Credit.+ Complete monthly loan volume approval activity and analysis and contribute to Portfolio Highlights content and analytics.+ Play a key role in Commercial Portfolio reporting refinements and analytics.+ Assess ongoing market risk and new market opportunities, including analyzing key market trends and developments in the commercial business credit environment and advising management regarding needed commercial portfolio strategy changes and concentration risk levels.+ Monitor loan portfolio credit quality, assessing the adequacy of assigned risk ratings through the credit approval and review processes. Provide key analytical data and assessment of risk factors for monthly Business Credit Portfolio Highlights report.+ Assess real estate market trends for commercial portfolios, adjusting risk concentration levels accordingly. Analyze industry trends for the expanding Commercial and Industrial (C & I) business segment analyzing risk analytics related to lines of credit and term loans.+ Provide credit administration oversights for the commercial portfolio through monitoring, analysis; oversee the management of problem loans in conjunction with Special Assets Officer (SAO).+ Advise and collaborate with Leadership on matters pertaining to commercial lending and the delegation of lending authorities for loan officers and underwriters.+ Maintain thorough knowledge of regulatory requirements related to business lending and services, including regulatory agencies for the as the Department of Financial Institutions and National Credit Union Administration (NCUA).+ Maintain knowledge of all Credit Union departments with business lending responsibilities, taking an active role in ensuring interactions with each of them are consistent with established risk appetite objectives.+ Provide ongoing coaching, mentoring and credit training classes regarding business-purpose credit, key underwriting analytics and industry updates.+ Maintain the necessary operational audit and management information reporting that may be required, keeping statistical records as necessary.+ Serve as a non-voting member of the Senior Loan Committee, including chairing and preparing the meeting credit package in the absence of the Chair of the Senior Loan Committee.+ Act in the capacity of a Senior Loan Approver of Business Services for the Credit Union, having the credit approval and loan review authority as specified in the Credit Union's Loan Policy Manual.+ Serves as primary back up for the Vice President - Commercial Credit in their absence.+ Perform other duties as assigned.**QUALIFICATIONS**+ Bachelor's degree in business, or equivalent work or education related experience required. Master's degree preferred.+ Desired minimum fifteen years of experience required in commercial credit analysis and approval, including managing commercial credit (real estate, commercial and industrial/business loan) portfolios as a senior credit administrator with minimum portfolio size of $1 Billion.+ Experience with SBA lending (to include underwriting, documentation and monitoring) preferred.+ Proficient verbal and written communication skills to effectively communicate and provide excellent Member customer service.+ Ability to explain complex risk analytics to a wide audience.+ Excellent project and portfolio management skills.+ Effective leadership and negotiation skills.+ Occasional travel required.+ Full time hours required, with additional hours as necessary.**EEO Statement:**BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.**Job Alerts:** If you would like to be kept informed of new potential opportunities, click here (https://becu.wd1.myworkdayjobs.com/en-US/External/jobAlerts) . You will be asked to create an account if you do not already have one.From our very beginning, BECU has been about people helping people. As a financial services cooperative, our purpose has and always will be the same: we work together to best serve our members and improve the financial well-being of our community. More than 80 years and one million members later, we're still rooted in our values, practices and mission - and even more passionate about our future.As one of the nation's leading credit unions, we're not driven by profit. We're owned by our members and their interests are at the core of everything we do. Now we're growing faster than ever before--but we'll never forget our roots. To continue doing right by our members, we believe we must first do right by our people. Here, you'll receive the resources and support you need to learn, grow and build a meaningful career. Because we know it's our people who make us special.

Keywords: BECU, Medford , Commercial Credit Administration Director, Executive , Myrtle Point, Oregon