Commercial Credit Specialist
Company: Reliance Savings Bank
Location: Altoona
Posted on: February 1, 2025
Job Description:
Description:Find the workplace you've been looking for...join
our Reliance Bank team!
We're currently seeking a Commercial Credit Specialist to join our
team in Blair County. This is a full-time, on-site position based
at our Corporate Office in Altoona, PA.
As a Commercial Credit Specialist, you'll get to:
- Work in a diverse role that encompasses the areas of credit
support, underwriting, sales support and loan portfolio
management.
- Develop and maintain a thorough working knowledge and
understanding of all commercial credit policies and
procedures.
- Assist our commercial lenders in providing a high-quality
customer experience during the credit delivery process by
underwriting/processing new loan requests, loan modifications and
loan renewals.
- Support our commercial lenders in developing, maintaining, and
executing plans to meet loan and deposit growth and other revenue
targets for the year.
- Help prepare for prospect calls through research and other
related activities.
- Ensure that our commercial banking relationships are fully
developed and include all support services available to our
commercial customers.
- Collaborate with Commercial Lenders and Commercial Support
Specialists regarding current and new loans, addressing any areas
of need. A complete job description is included further down on
this page. To view the complete job description, please scroll
down.
Benefits for the Commercial Credit Specialist Role:
We offer a welcoming workplace emphasizing our Core Values of
Integrity, Team, Relationships, Community and Growth.
Additionally, Reliance Bank is proud to offer a comprehensive
benefits package which includes:
- Annual Bonus Program
- 11 Paid Holidays
- Annual Paid Time Off (PTO) Allotment
- Gym Membership Reimbursement
- Employee Wellness Program
- Mileage Reimbursement
- Medical, Dental, and Vision Coverage
- Matched 401(k) Retirement Savings Program
- Flexible Spending Plans/Health Savings Account
- Life Insurance
- Short and Long-Term Disability
- Career development and learning opportunitiesJob
Requirements:
Education/Training: The right person for this role will have a
Bachelor's Degree in a business-related field of study, or an
equivalent combination of experience and education.
Experience: No prior specialized experience required. Prior banking
experience is helpful but not required. Candidates should possess a
strong customer-service orientation, an interest in the financial
services industry and desire to develop a long-term employment
relationship.
Other requirements:
- Passion for problem-solving and working with people
- Ability to work effectively in a fast-paced, highly
collaborative work environment.
- Moderate PC skills including familiarity with Microsoft Word
and Excel
- Ability to communicate ideas clearly, accurately and
professionally so that others may understand
- Proficient ability to review, analyze and interpret financial
statements
- Valid Driver's LicenseWorking Conditions and Physical Demands:
Work is normally performed in a typical interior/office
environment. This position requires the ability to remain in a
stationary position for the majority of the day, with occasional
need to move about the immediate workspace or to other areas of the
department/building to accomplish tasks. Constant use of repeated
motions involving the hands, wrists and fingers is required, as
well as an ability to observe details at close range throughout the
day. Occasional need to move or adjust items of up to 10 pounds in
weight.
Reliance Bank is an Equal Opportunity/Affirmative Action employer.
All qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, sexual orientation,
gender identity, national origin, disability, or status as a
protected veteran.
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Full Job Description:
General ResponsibilitiesThe Commercial Credit Specialist supports
lenders in shepherding loan requests through the approval process;
has primary responsibility for drafting loan proposals for
presentation to the approving authority; assists lenders in
developing new commercial banking relationships and managing and
expanding existing ones; assists with research and preparation for
prospect calls; prepares annual risk rating assessments where
required; maintain knowledge of and adherence to Bank lending
policies and procedures; respond to inquiries or requests for
information; maintain appropriate records.
Essential Duties
Credit Support and Underwriting:
- Partner with assigned lender(s) to provide a high-quality
customer experience during the credit delivery process through
underwriting and processing of new loan requests, modifications,
and renewals of existing term loans and lines of credit.
- Facilitate pre-screen evaluations and early conceptual
conversations with DCB and DOC on incoming requests to maximize
responsiveness, process efficiency and deal with rates.
- Develop a thorough working knowledge and understanding of
commercial credit policies and procedures.
- Assists assigned lender(s) in underwriting credit requests,
contributing independent analysis to identify risks and appropriate
mitigation. Ensure request packages are complete, accurate,
transparent, and well-documented.
- Build and maintain trusting relationships with lenders and
credit personnel, especially with approval authorities.
- Encourage productive discussions of credit opportunities that
fall within the Bank's credit risk appetite (and diplomatically
discourage opportunities that do not).
- Help assigned lender(s) comply with applicable banking laws and
regulations, paying particular attention to those concerning
commercial lending.Support Lender Sales and Calling Plan
Execution:
- Support assigned lender(s) in developing, maintaining, and
executing a realistic plan to meet loan & deposits growth and other
revenue targets for the year.
- Uncover opportunities to consult with prospects and customers
through the review of personal financial and other financial
statements and internal Bank reports.
- Assist assigned lender(s) with pre-call preparations, including
prospect identification, industry research, and competitor
analysis.
- Ensure commercial banking relationships are fully developed,
including deposit and cash management products.Portfolio
Management:
- Participate in regular meetings with assigned lender(s) and
Business Support Specialist(s). Discuss prioritization strategy
around new loan requests, line of credit renewals, annual risk
rating assessments, and past dues. Utilize the meetings to uncover
opportunities to consultatively meet client credit, deposit and
cash management needs.
- Work closely with assigned lender(s) to ensure proactive
renewal of maturing loans and lines of credit coming up for
renewal.
- Working with the Business Support Specialist(s), execute on
timely collection of current and adequate financial information,
consistent with loan agreement requirements, and maintains
accountability and integrity for data accuracy in ClearTouch.
- Achieves goals assigned to the Commercial Credit Specialist as
part of the assigned department's annual operating plan.
- Coordinates specific work tasks with other team members within
the department as well as with other departments in order to insure
the smooth and efficient flow of information.
- Complies with established operating policies and procedures in
order to maintain adequate controls and to support the Bank's
adherence to outside regulatory requirements.
- Communicates with management and team in order to integrate
goals and activities.
- Responds to inquiries relating to his/her particular area, or
to requests from other bank personnel, customers, etc. within given
time frames and within established policy.
- Maintains appropriate records and provides assigned
reports.
- Abides by the current laws and organizational policies and
procedures designed and implemented to promote an environment which
is free of sexual harassment and other forms of illegal
discriminatory behavior in the workplace.
- Cooperates with, participates in, and supports adherence to all
internal policies, procedures, and practices in support of risk
management and overall safety and soundness and the Bank's
compliance with all regulatory requirements, e.g. Community
Reinvestment Act (CRA), Equal Credit Opportunity Act, etc.; insures
that the department and all personnel adhere to the same.
- Properly handles confidential information for all internal and
external customers.
- Adheres and upholds all of the Bank's policies and procedures
in regard to physical and information security.Ancillary
Duties
- Performs tasks which are supportive in nature to the essential
functions of the job, but which may be altered or re-designed
depending upon individual circumstances.
- Takes the opportunity to promote Reliance Bank and its services
when possible.
Requirements:
PIc0136a3d59cf-37248-36449123
Keywords: Reliance Savings Bank, Pittsburgh , Commercial Credit Specialist, Other , Altoona, Pennsylvania
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