The Commercial Credit Officer (CCO) will have the primary responsibility for managing Busey's Commercial Approval and Underwriting Processes for the region they support.
WHAT YOU'LL BRING
The Commercial Credit Officer is a pivotal Credit position for Busey to develop sound new borrower relationships, monitor the portfolios and associated risk, as well as assure systems are kept current and accurately reflect portfolio risk. This will be accomplished through the following:
Counseling and Consulting - The CCO will assist with the analysis and structuring of requests to best align risk with the banks policies and risk tolerances.
Communication - The CCO will communicate regularly and establish good working relationships with the RM's and other team leads they support. This will include regularly scheduled attendance at team meetings and visits to remote offices to facilitate open dialog, strong relationships, early inclusion in the credit process and client calling efforts.
New Loan and Renewal Production - Facilitate timely and succinct credit analysis and loan structure with deference to policy for new requests and renewals of existing relationships including timely credit decisions.
Pipeline - Working with the pipeline, the RM's, Underwriters, and Credit Analysts, an CCO will gain early entry into the credit process so as to best counsel and influence new credit requests in line with the organization's risk tolerance and policy.
Proper Loan Grading - Regulatory grades and PD/LGDs all need to accurately reflect the current performance of the borrower and therefore risk to the organization.
Field Exam Review, audits, loan reviews and exams, ALSR review and approval, non-accrual and charge off forms, TDR review process.
Managing a team of Commercial Underwriters to include: hiring, training, mentoring of Underwriters and Analysts, and periodic/annual reviews.
Working closely with the Commercial line of business manager, manage the work flows necessary to maintain the timeliness of the underwriting needed for both existing and new relationships.
Excellent oral and written communication skills
Strong interpersonal, organizational, analytical, presentation, and critical thinking skills
Comprehensive knowledge of the overall departmental function, including expert knowledge in Busey's Commercial/Credit line of business
Provide accurate and timely Commercial Analysis and Approval
Take independent action within established options and develops new procedures and approaches to problems when necessary
Analyze situations and solve problems
Perform duties and make decisions under frequent time pressures
EDUCATION & TRAINING
Requires Bachelor's degree with a concentration in Business or Finance.
Requires 7 or more years of Commercial Credit experience with prior single signature approval authority.
Requires 5 or more years' experience in a progressive management/leadership role.
Requires proficient knowledge of Microsoft Office.
Busey believes that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
Equal Opportunity Employment is a priority for Busey and all qualified applicants will receive consideration regardless of race, color, religion, national origin, genetic information, sex (including pregnancy), age, sexual orientation, gender (including gender identity and expression), marital status, military status, veterans status, citizenship status, disability, order of protection or any other characteristic protected by applicable law or other non-merit based factors.
Internal Number: COMME03638
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.