SVP, Business Banking Credit Officer

Berkshire Hills Bancorp, Inc. in Worcester, MA

  • Industry: Financial Services - Banking/Investment/Finance - Others
  • Type: Full Time
position filled
Provides oversight to all credit activities for Business Banking including structuring and approving credit exposure for new and existing relationships.  In partnership with the Regional Team Leaders, drives profitable revenue growth and improved asset quality.  Manages the credit process to ensure consistency with Credit Policy and established underwriting guidelines.  Supports Business Banking Teams to deliver credit products to clients.  Ensures a strong credit culture and an efficient and effective approval process.  Balances a strong asset quality focus while supporting a strong business development effort. Key Accountabilities: Builds and Leads High Performing, Inclusive Credit Teams.  This includes hiring diverse, top talent credit professionals, ensuring effective LOB partnerships and active participation in relationship strategy reviews, and ongoing mentoring, coaching and development of credit officers and underwriters.  Participates in the annual goal setting process and communicates those goals to the credit teams throughout the footprint. Loan Authority – Exercise loan authority within established limits.  Loan authority will be based on experience level and size and scope of assigned credit portfolio and will also vary based on type of credit request (e.g., “new money to new client,” annual review). Drives the Credit Process – Works to evaluate the current loan systems, credit scoring model and overall credit process to implement more efficient policies and procedures to improve the credit decisioning process. Supervises assigned teams of Credit Officers and underwriters and ensures smooth interaction and consistent workflow in the credit approval process. Loan Structuring – Responds promptly to transaction requests to determine feasibility and nature of analysis to be conducted.  Identifies critical issues. Makes Proceed/Stop decision within approval limits. Credit Decision – Ensures effective Credit and RM collaboration to determine appropriate financing solutions.  Approves/Declines and notifies RM and team members as warranted.  Consults with senior Credit management on complicated transactions. Asset Quality Standards – Closely monitors all asset quality measures.  Ensures timely identification of deteriorating credits.  Promotes a credit culture based on strong asset quality.  Ensures accurate and timely risk rating of the assigned portfolio. Best Practice Sharing – Keeps abreast of industry and market trends and communicates these trends to Credit Executives where appropriate. Regional Involvement – Maintain frequent contact with Regional Business Banking Lending Teams and occasional travel to Regional locations. Community Involvement – Actively participates in community activities to promote business development efforts as well as ensure a strong credit risk culture. Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties. Bank Values - Supports Bank Culture of Values and Diversity. Education: BS-BA in Finance, Accounting, Economics or related field Experience: 10+ years’ experience in credit analysis or risk underwriting in the banking industry 5+ years’ supervisory experience preferred Skills & Knowledge: Strong knowledge of financial statement analysis with ability to support underwriting of the most complex/large extensions of credit Ability to provide training, mentoring and coaching to junior analysts Ability to prioritize and work under pressure Flexibility to work on both CRE and C & I credits Proficient in MS Office Strong written/verbal communication and organizational skills Solid interpersonal skills

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