Job Description
Qualifications
Education: Bachelor's Degree in business, related field, or other acceptable alternative field required
Benefits
Competitive base salary, plus variable compensation
PTO
Hybrid Work Model (remote and on-site work)
Tuition Reimbursement
Paid Parental Leave
Medical, Dental, Vision
401k
Life Insurance
Supplemental Insurances
Short-Term & Long-Term Disability
Responsibilities
Exercises prudent credit judgment through individual loan authority as approved by the Board of Directors
Assists commercial lending officers and underwriters in structuring loan transactions and approving credit within assigned lending units
Helps to ensure safe and sound lending practices through ongoing monitoring of the commercial loan portfolio within assigned lending units and observance of market trends that may impact credit quality
Works closely with senior managers of the assigned lending units and the lending officers/portfolio managers of those units to identify and mitigate risks in those portfolios
Participates in deal discussion meetings and exercises individually assigned authorities in each setting
Evaluates, approves, or declines policy exceptions and modifications to existing loans, within individual loan authority
Participates as a non-voting member of credit committees of the Bank which administer the commercial loan portfolio
Participates in outside calling efforts with both prospects and customers
Participates in developing and maintaining comprehensive credit policies and procedures aligned with the bank's risk appetite and regulatory requirements
Together with the Chief Credit Officer and/or Deputy Chief Credit Officer, assists in the updating of credit policy and procedures of the Bank by drafting proposed changes, seeking consensus on the changes and ultimately communicating any approved changes to commercial lending units, senior management and oversight committees
Participates in projects as assigned by the Chief Credit Officer or Deputy Chief Credit Officer
Travel to support other regions of the state is required
The estimate is 10% to 15% of the time will be spent traveling, but this may vary significantly from time to time
Performs other functions and/or duties as assigned
This position is responsible for the management and supervision of the employees in the area
Responsible for carrying out supervisory responsibilities in accordance with the organization’s policies and applicable Federal and State Laws
Responsibilities include but are not limited to interviewing, hiring, and training, performance management, supervising daily activities, mentoring, and coaching
Monitor credit risk limits, concentration risk, and early warning indicators
Conduct regular credit reviews and risk assessments, identifying potential problem loans and implementing corrective actions
Work closely with loan officers and credit analysts to maintain credit quality and minimize losses
Participate in the development and implementation of stress testing and scenario analysis
Build and lead a high-performing credit risk management team, providing guidance, mentorship, and professional development opportunities
Collaborate with other senior executives to develop and execute the bank's overall business strategy
Serve as a key liaison with regulatory agencies and external auditors on credit-related matters
Present in depth credit risk monitoring presentations, reports, and recommendations to the relevant loan committees and senior management
Foster a strong credit culture within the bank, emphasizing risk awareness and responsible lending practices
Ensure compliance with all applicable banking regulations and credit risk management guidelines
Stay abreast of regulatory changes and industry best practices, updating credit policies and procedures as needed
Prepare for and participate in regulatory examinations and audits
Job description
Job Title
Senior Credit Officer
Banesco USA is seeking a Senior Credit Officer for our Credit Administration Unit.
Primary Job Duties:
• Exercises prudent credit judgment through individual loan authority as approved by the Board of Directors.
• Assists commercial lending officers and underwriters in structuring loan transactions and approving credit within assigned lending units.
• Helps to ensure safe and sound lending practices through ongoing monitoring of the commercial loan portfolio within assigned lending units and observance of market trends that may impact credit quality. Works closely with senior managers of the assigned lending units and the lending officers/portfolio managers of those units to identify and mitigate risks in those portfolios.
• Participates in deal discussion meetings and exercises individually assigned authorities in each setting.
• Evaluates, approves, or declines policy exceptions and modifications to existing loans, within individual loan authority.
• Participates as a non-voting member of credit committees of the Bank which administer the commercial loan portfolio.
• Participates in outside calling efforts with both prospects and customers.
• Participates in developing and maintaining comprehensive credit policies and procedures aligned with the bank's risk appetite and regulatory requirements.
• Together with the Chief Credit Officer and/or Deputy Chief Credit Officer, assists in the updating of credit policy and procedures of the Bank by drafting proposed changes, seeking consensus on the changes and ultimately communicating any approved changes to commercial lending units, senior management and oversight committees.
• Participates in projects as assigned by the Chief Credit Officer or Deputy Chief Credit Officer.
• Travel to support other regions of the state is required. The estimate is 10% to 15% of the time will be spent traveling, but this may vary significantly from time to time.
• Performs other functions and/or duties as assigned.
Supervisory Responsibilities:
This position is responsible for the management and supervision of the employees in the area. Responsible for carrying out supervisory responsibilities in accordance with the organization’s policies and applicable Federal and State Laws. Responsibilities include but are not limited to interviewing, hiring, and training, performance management, supervising daily activities, mentoring, and coaching.
• Monitor credit risk limits, concentration risk, and early warning indicators.
• Conduct regular credit reviews and risk assessments, identifying potential problem loans and implementing corrective actions.
• Work closely with loan officers and credit analysts to maintain credit quality and minimize losses.
• Participate in the development and implementation of stress testing and scenario analysis.
• Build and lead a high-performing credit risk management team, providing guidance, mentorship, and professional development opportunities.
• Collaborate with other senior executives to develop and execute the bank's overall business strategy.
• Serve as a key liaison with regulatory agencies and external auditors on credit-related matters.
• Present in depth credit risk monitoring presentations, reports, and recommendations to the relevant loan committees and senior management.
• Foster a strong credit culture within the bank, emphasizing risk awareness and responsible lending practices.
• Ensure compliance with all applicable banking regulations and credit risk management guidelines.
• Stay abreast of regulatory changes and industry best practices, updating credit policies and procedures as needed.
Prepare for and participate in regulatory examinations and audits.
Job Requirements:
• Education: Bachelor's Degree in business, related field, or other acceptable alternative field required. MBA or advanced degree is preferred.
• Experience: Ten (10) years of progressive risk management experience in a diverse lending setting is required with at least 5 years in a senior leadership role of supervisory authority either in a commercial line lending environment or staff lending/credit unit required.
• Extensive knowledge of credit analysis, underwriting, and portfolio management.
• Proven track record of successfully managing credit risk in a banking environment.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Effective ability to lead and motivate a team.
• Strategic thinking and decision-making capabilities.
• Strong understanding of banking regulations and risk management frameworks.
• High level of integrity and ethical standards.
• This role requires a deep understanding of the bank's target market and industry trends.
• Ability to effectively communicate complex credit risk concepts to various stakeholders.
• Strong leadership skills are essential to foster a risk-aware culture throughout the organization.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
• Advance knowledge in financial software such as, but not limited to nCino and Moody’s.
• Strong ability to multi-task, with strong organization, time-management and prioritizing skills.
• High client-centric skills, ensuring satisfaction of both internal and external customers.
• Advanced knowledge of structuring and underwriting commercial credits including CRE and C&I as well as specialized lending.
Benefits:
• Competitive base salary, plus variable compensation.
• PTO
• Hybrid Work Model (remote and on-site work)
• Tuition Reimbursement.
• Paid Parental Leave
• Medical, Dental, Vision
• 401k
• Life Insurance
• Supplemental Insurances
• Short-Term & Long-Term Disability
About Us:
Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 15 countries. As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.
Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.
At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.
#J-18808-Ljbffr
$14.11–$22.0+ an hour
Full–time and Part-time
Education: Bachelor's Degree in business, related field, or other acceptable alternative field required
Benefits
Competitive base salary, plus variable compensation
PTO
Hybrid Work Model (remote and on-site work)
Tuition Reimbursement
Paid Parental Leave
Medical, Dental, Vision
401k
Life Insurance
Supplemental Insurances
Short-Term & Long-Term Disability
Responsibilities
Exercises prudent credit judgment through individual loan authority as approved by the Board of Directors
Assists commercial lending officers and underwriters in structuring loan transactions and approving credit within assigned lending units
Helps to ensure safe and sound lending practices through ongoing monitoring of the commercial loan portfolio within assigned lending units and observance of market trends that may impact credit quality
Works closely with senior managers of the assigned lending units and the lending officers/portfolio managers of those units to identify and mitigate risks in those portfolios
Participates in deal discussion meetings and exercises individually assigned authorities in each setting
Evaluates, approves, or declines policy exceptions and modifications to existing loans, within individual loan authority
Participates as a non-voting member of credit committees of the Bank which administer the commercial loan portfolio
Participates in outside calling efforts with both prospects and customers
Participates in developing and maintaining comprehensive credit policies and procedures aligned with the bank's risk appetite and regulatory requirements
Together with the Chief Credit Officer and/or Deputy Chief Credit Officer, assists in the updating of credit policy and procedures of the Bank by drafting proposed changes, seeking consensus on the changes and ultimately communicating any approved changes to commercial lending units, senior management and oversight committees
Participates in projects as assigned by the Chief Credit Officer or Deputy Chief Credit Officer
Travel to support other regions of the state is required
The estimate is 10% to 15% of the time will be spent traveling, but this may vary significantly from time to time
Performs other functions and/or duties as assigned
This position is responsible for the management and supervision of the employees in the area
Responsible for carrying out supervisory responsibilities in accordance with the organization’s policies and applicable Federal and State Laws
Responsibilities include but are not limited to interviewing, hiring, and training, performance management, supervising daily activities, mentoring, and coaching
Monitor credit risk limits, concentration risk, and early warning indicators
Conduct regular credit reviews and risk assessments, identifying potential problem loans and implementing corrective actions
Work closely with loan officers and credit analysts to maintain credit quality and minimize losses
Participate in the development and implementation of stress testing and scenario analysis
Build and lead a high-performing credit risk management team, providing guidance, mentorship, and professional development opportunities
Collaborate with other senior executives to develop and execute the bank's overall business strategy
Serve as a key liaison with regulatory agencies and external auditors on credit-related matters
Present in depth credit risk monitoring presentations, reports, and recommendations to the relevant loan committees and senior management
Foster a strong credit culture within the bank, emphasizing risk awareness and responsible lending practices
Ensure compliance with all applicable banking regulations and credit risk management guidelines
Stay abreast of regulatory changes and industry best practices, updating credit policies and procedures as needed
Prepare for and participate in regulatory examinations and audits
Job description
Job Title
Senior Credit Officer
Banesco USA is seeking a Senior Credit Officer for our Credit Administration Unit.
Primary Job Duties:
• Exercises prudent credit judgment through individual loan authority as approved by the Board of Directors.
• Assists commercial lending officers and underwriters in structuring loan transactions and approving credit within assigned lending units.
• Helps to ensure safe and sound lending practices through ongoing monitoring of the commercial loan portfolio within assigned lending units and observance of market trends that may impact credit quality. Works closely with senior managers of the assigned lending units and the lending officers/portfolio managers of those units to identify and mitigate risks in those portfolios.
• Participates in deal discussion meetings and exercises individually assigned authorities in each setting.
• Evaluates, approves, or declines policy exceptions and modifications to existing loans, within individual loan authority.
• Participates as a non-voting member of credit committees of the Bank which administer the commercial loan portfolio.
• Participates in outside calling efforts with both prospects and customers.
• Participates in developing and maintaining comprehensive credit policies and procedures aligned with the bank's risk appetite and regulatory requirements.
• Together with the Chief Credit Officer and/or Deputy Chief Credit Officer, assists in the updating of credit policy and procedures of the Bank by drafting proposed changes, seeking consensus on the changes and ultimately communicating any approved changes to commercial lending units, senior management and oversight committees.
• Participates in projects as assigned by the Chief Credit Officer or Deputy Chief Credit Officer.
• Travel to support other regions of the state is required. The estimate is 10% to 15% of the time will be spent traveling, but this may vary significantly from time to time.
• Performs other functions and/or duties as assigned.
Supervisory Responsibilities:
This position is responsible for the management and supervision of the employees in the area. Responsible for carrying out supervisory responsibilities in accordance with the organization’s policies and applicable Federal and State Laws. Responsibilities include but are not limited to interviewing, hiring, and training, performance management, supervising daily activities, mentoring, and coaching.
• Monitor credit risk limits, concentration risk, and early warning indicators.
• Conduct regular credit reviews and risk assessments, identifying potential problem loans and implementing corrective actions.
• Work closely with loan officers and credit analysts to maintain credit quality and minimize losses.
• Participate in the development and implementation of stress testing and scenario analysis.
• Build and lead a high-performing credit risk management team, providing guidance, mentorship, and professional development opportunities.
• Collaborate with other senior executives to develop and execute the bank's overall business strategy.
• Serve as a key liaison with regulatory agencies and external auditors on credit-related matters.
• Present in depth credit risk monitoring presentations, reports, and recommendations to the relevant loan committees and senior management.
• Foster a strong credit culture within the bank, emphasizing risk awareness and responsible lending practices.
• Ensure compliance with all applicable banking regulations and credit risk management guidelines.
• Stay abreast of regulatory changes and industry best practices, updating credit policies and procedures as needed.
Prepare for and participate in regulatory examinations and audits.
Job Requirements:
• Education: Bachelor's Degree in business, related field, or other acceptable alternative field required. MBA or advanced degree is preferred.
• Experience: Ten (10) years of progressive risk management experience in a diverse lending setting is required with at least 5 years in a senior leadership role of supervisory authority either in a commercial line lending environment or staff lending/credit unit required.
• Extensive knowledge of credit analysis, underwriting, and portfolio management.
• Proven track record of successfully managing credit risk in a banking environment.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Effective ability to lead and motivate a team.
• Strategic thinking and decision-making capabilities.
• Strong understanding of banking regulations and risk management frameworks.
• High level of integrity and ethical standards.
• This role requires a deep understanding of the bank's target market and industry trends.
• Ability to effectively communicate complex credit risk concepts to various stakeholders.
• Strong leadership skills are essential to foster a risk-aware culture throughout the organization.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
• Advance knowledge in financial software such as, but not limited to nCino and Moody’s.
• Strong ability to multi-task, with strong organization, time-management and prioritizing skills.
• High client-centric skills, ensuring satisfaction of both internal and external customers.
• Advanced knowledge of structuring and underwriting commercial credits including CRE and C&I as well as specialized lending.
Benefits:
• Competitive base salary, plus variable compensation.
• PTO
• Hybrid Work Model (remote and on-site work)
• Tuition Reimbursement.
• Paid Parental Leave
• Medical, Dental, Vision
• 401k
• Life Insurance
• Supplemental Insurances
• Short-Term & Long-Term Disability
About Us:
Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 15 countries. As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.
Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.
At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.
#J-18808-Ljbffr
$14.11–$22.0+ an hour
Full–time and Part-time
💡 Quick Summary
Seeking a career-building opportunity? The Senior Credit Officer position is now open for candidates interested in the Bank Jobs sector. This role in Miami offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
