Credit director job description

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If you're looking to build your career at a forward-thinking organization with deep community roots and a vision for growth, success, and giving back, you've come to the right place.

This position is responsible for the overall management and supervision of the Credit Department. It involves frequent interaction with EVP of Commercial Lending, Chief Risk Officer, as well as all commercial lenders and retail managers.

Essential Duties and Responsibilities:
Oversee the production of small business loans either directly or through a CPU manager. Through the use of digital tools/solutions and active pipeline management, Commercial Production Unit (CPU) will produce business loans with turn times that are within the goals set for this area.Either directly or through a Credit Manager, oversee the production of commercial loans above the CPU level. It is expected that Credit Officer III level staff may report directly to the Director, while Credit Officers below that level may report through a Credit Manager. Through the use of digital tools/solutions and active pipeline management, the Director will ensure the Credit Officers are producing product within the goals set for this area.Responsible for overall Data Integrity within their department, including Coding, Risk Rating accuracy, and SOX reporting.Responsible for the Portfolio quality and risk management through a prudent and capable loan underwriting and approval process, as well as annual reviews of our larger relationships.Coaching and training of the Credit team, thereby deepening the team's expertise. Working in conjunction with the Director of Special Assets and Credit Risk department identify and report portfolio trends and specific credit problems which they will collaborate with Special Assets and Commercial Banking on to develop corrective actions.Responsible for compliance, policy monitoring and testing through the loan underwriting process.Write or support the development of new credit policies or revisions in existing policies.Collaborate with and advise commercial lenders on loan structure, policy and approval.Work effectively with those outside of Credit for positive impact on business performance.Influence the development of talent systemically across the company for a broader impact on the organization's capabilities, leading people toward meeting the organization's vision, mission, and goals.Promote an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.

Basic Qualifications:
BA degree or equivalent10+ years of related experience and training; or equivalent combination of education and experience that includes extensive large Commercial Real Estate and Commercial & Industrial analyses Understanding of market(s) the business operates in to identify trends and anticipate market changes, with knowledge of the market related to such areas as talent pool, competitors, regulatory environment, etc.

Skills and Abilities:
Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents Ability to respond to common inquiries from regulatory agencies, internal examiners or members of the business community Ability to write speeches and articles for publication that conform to prescribed style and format Ability to effectively present information to top management, public groups, and/or boards of directors Ability to work with mathematical concepts such as probability and statistical inference.Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations Ability to define problems, collect data, establish facts, and draw valid conclusions Ability to interpret an extensive variety of information and data, and deal with several abstract and concrete variables Ability to think long-term and beyond area of oversight Ability to identify and introduce timely improvements to increase business results to meet organizational goals and customer expectations; driven to make decisions that produce high-quality impact by applying technical knowledge, analyzing problems, and calculating risks

Supervisory Skills:
Manage team of exempt employees Carry out leadership, managerial and supervisory responsibilities in accordance with the organization's policies and applicable laws Responsibilities include interviewing and hiring senior-level staff; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Alvarez & Marsal Turnaround and Restructuring
Director - Unsecured Creditor Committee Practice (UCC) Overview:Alvarez & Marsal, LLC, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Restructuring team. With more than 4,000 professionals based in locations across North America, Europe, Asia, and Latin America, our firm excels in problem-solving and value creation. Drawing on a strong operational heritage and hands-on approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

UCC Practice Overview:
The Unsecured Creditors Committee (UCC) practice provides a full suite of financial advisory services to creditors and specializes in representing official committees of unsecured creditors in bankruptcy proceedings. Working directly with the committees, our dedicated team provides the following services: liquidity assessment, business plan evaluation, asset and enterprise valuation preparation, creditworthiness assessment of go-forward business, unencumbered value identification and preservation, avoidance action prosecution, inter-company activity analysis, expert testimony delivery and stakeholder negotiation.

Responsibilities:Directors should be prepared to work in a team environment on a diverse range of assignments assisting Senior UCC team members through all stages of the bankruptcy process. The projects and work streams will require creativity, resourcefulness and independent judgment. You will be expected to help develop solutions to problems and provide value to clients. Qualifications:
Bachelor's Degree (Business Major) Prior UCC Advisory Experience8-10+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focus Strong PowerPoint and Excel skills to assist with pitch-books and the creation of client deliverables Demonstrate an intermediate level of experience with a number of the following areas:Understanding of accounting and finance Understanding of how to analyze financial statements and prepare financial models Understanding of how to analyze and forecast cash flows Understanding the key operational performance drivers of a business Ability to manage and organize large sets of unorganized or incomplete data Interaction with clients (ability to request and extract information) Ability to stay on task while working on multiple work streams (organizational skills) Problem solving skills with the ability to think through alternative solutions Commitment to promoting integrity, leadership and objectivity Entrepreneurial team player who can excel in a fast-paced, challenging work environment Confident speaker (can communicate with personnel at all levels) Efficient business writer Willingness for periodic travel

Diversity & Inclusion

A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity and we foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Voluntary Inclusion
It is Alvarez & Marsal's policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

Join us today as a Director of Credit & Loan Syndications!

First Business Bank is a Top Workplaces USA company, learn more here.

At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority - they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other's differences, and a focus on improving our communities, we are confident you'll find the experience is your advantage. We're delighted you're considering joining us!

OVERVIEW
The Director of Credit and Loan Syndications is a newly created, hybrid position with distinct responsibilities over credit performance for assigned regions of the Bank and/or specialty lines of business, while also managing bank participations and syndications.


As a Director of Credit, this position will involve:


Consistent interaction with the lending staff and management of the assigned entities, early-stage deal preview and guidance, training, and ongoing oversite of credit administration and portfolio performance. Engage in Serial Signer approvals and will actively endorse loans in committees, where required. Work closely with examiners, auditors, internal and external loan review to ensure all key controls are being performed appropriately. Be actively engaged and/or lead projects as needed to enhance the performance of the organization for purposes of quality and efficiency of the credit functions including our partnership with other parts of the organization.
As Director of Loan Syndications, this position will:


Be responsible for developing successful relationships with banks willing to buy participations or share in syndicated deals. Establish relationships with all bankers and will provide rapid response when lending partners are needed. As warranted, be tasked with underwriting participations for purchase or syndications for origination and must develop excellent knowledge of loan and participation agreements and negotiate components to protect the Bank.
Work Model: Position will be based out of our Brookfield, WI office, with the expectations of 2-3 days per week onsite with flexibility and remote-work options available.

QUALIFICATIONS
Bachelor's degree with an emphasis in business or related field of study 10+ years progressive credit experience is required 2+ years' experience in a singular loan approval authority role, with responsibility over a specific market or region Prior experience working as a functional leader and demonstrated success in independent process management. Experience in managing relationships, with both internal and external business partners, and a desire and willingness to build and maintain new and existing relationships for the Bank Competency and confidence in negotiating loan agreements with other Banks Ability to handle initiation and execution of new participation and syndication loan agreements and relationships Ability to work independently and use independent judgment with minimal supervision. Ability to prioritize work flow to meet numerous levels of deadlines. Demonstrate high level of oral and written presentation skills of moderately complex topics in a manner that is clear and concise, with recommendations for action plans when appropriate. Handle more complex analysis and work closely with manager to proactively request additional tasks, projects and responsibilities.


Company Information: First Business Bank offers a full suite of financial services including Business Banking (Commercial Banking and Specialty Finance), Private Wealth, and Bank Consulting. Specialty finance solutions are delivered through First Business Bank's wholly owned subsidiary First Business Specialty Finance, LLC. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc.
First Business Financial Services, Inc. is committed to providing equal employment opportunity to all applicants and employees regardless of their race, creed, color, religion, gender, age, national origin, disability, military service, protected veteran status, genetic information, sexual orientation, gender identity, transgender status, or any other characteristic protected by federal, state or local law. We are strongly committed to this policy and believe in the concept and spirit of the law.