Middle Market Bank Credit Manager - Technology (Palo Alto, CA)
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|Status:||Inactive / Filled|
|Title:||Middle Market Bank Credit Manager - Technology (Palo Alto, CA)|
|Job Location:||California - Palo Alto|
|Base Compensation:||$100,000 — $140,000|
|Total Compensation:||$110,000 — $150,000|
|Is Employer Willing to Relocate?:||No|
|Employment Type:||Full Time / Direct Hire|
|Job Categories:||Commercial Lending|
WHY IS THIS A GREAT OPPORTUNITY?
Middle Market Bank Credit Officer will be responsible for providing thorough, objective analysis of the financial condition and credit worthiness of borrowers. Credit size is from $2 million - $50 million. Credit facilities range from structured borrowing base deals to traditional working capital lines, equipment term loans. Must have technology background.
JOB DESCRIPTION• Provides support to Relationship Managers for complex credit processes, credit structuring and portfolio monitoring. • Manages underwriting requests for credit extensions and annual reviews, prepares credit memos and drafts term sheet. Prepares monthly and/or quarterly reviews of existing borrowers to track compliance with loan covenants, raising potential concerns to RMs. • Provides initial approval, leads analyses of the financial condition and credit worthiness of existing and potential clients. • Ability to manage complex transactions and be able to work in both customer meetings and company management meetings (including dialogue with CFO & CEO). • Prepares monthly and/or quarterly reviews of existing borrowers. • Operates as a subject matter expert on bank credit policies and practices. Maintains extensive knowledge in the various products and services offered (including interest rate derivatives, FX, trade finance, & cash management). • Oversees/mentors credit officers.
• 5+ years experience working in a financial institution in a credit role. • Formal credit training required. • Broad based experience in structuring bilateral credit agreements. • Strong analytical skills and negotiating experience.
Master’s degree in finance or accounting preferred.
Total Years of Experience: