Credit Review OfficerCredit Review Officer Senior (On-site)

We are seeking a Credit Review Officer/Senior to join our Credit Review team. The credit review officer is responsible for the independent review and objective appraisals of the Banks loan portfolio and related risk management activities to ensure that acceptable credit standards are maintained and loans and related documentation adhere to the Banks policies procedures guidelines and regulatory requirements.

Geographical location for this position is Tacoma Washington at the Southern Operations Center. Depending on experience and qualifications other locations within Heritage Banks footprint (WA OR ID) may be considered. This position is fully on-site in either Washington Idaho or Oregon.

Depending on qualifications and experience Credit Review Officer or Credit Review Officer Senior may be considered.

Base Salary Range:

Credit Review Officer -$83370.00 - $104213.00 - $125055.00 annual

Credit Review Officer Senior-$100884.00 - $126105.00 -$151326.00 annual

The Role at a Glance:

• Participates in the evaluation of the banks asset quality assessing adherence with lending and portfolio policy loan approvals and evaluating and reporting on risk rating integrity.
• Performs regular credit reviews ensuring loans adhere to general loan policy and regulatory guidelines.
• Assesses the accuracy of risk grades timeliness of grade changes justification of rationale and adherence to bank policy for risk grading methodology.
• Prepares independent analysis and supporting documentation for loan reviews.
• Prepares reports summarizing portfolio quality and risk issues with recommended corrective action.
• Participates in the loan review process; makes recommendations to management to optimize the loan review program as needed.
• Assists in the development and scope of the internal loan review process including risk-based sampling of the loan portfolios and coordinates with outsourced loan reviews.
• Prepares reports and work papers recapping discussions with loan officers and business unit management and/or other functional areas under review to present risk issue findings and secure commitments for resolution of areas in question.
• Performs continuous monitoring of key business unit credit related activities and effectively documents and communicates findings to management.
• Maintains strong relevant knowledge of key legal compliance and market-risk issues involved in credit related activities.
• Promotes and maintains positive relationships with unit managers and staff; provides information and assistance when appropriate.
• Assists with site coordination and logistics for outside vendors contractors and staff performing third party commercial loan reviews.
• Performs continuous monitoring of key business unit credit related activities and effectively documents and communicates findings to management.
• Monitors assigned portfolios to evaluate proper coverage and assessment of risk on an ongoing basis.
• Maintains an independent viewpoint derived from fact-based analysis and patterns of performance.

Core Skills and Qualifications:

• H.S. Diploma or equivalent required. Bachelors Degree in Business Economics Accounting Finance or relevant course of study preferred.
• Credit Review Officer -3 years recent experience in commercial lending credit/loan review and/or similar position requiring strong business knowledge and credit judgment required.
• Credit Review Officer Senior -7 years recent experience in commercial loan review underwriting credit risk or portfolio management in a mid to large size commercial bank demonstrating advanced business knowledge and credit judgment required.
• Professional credentials as a (CRC) Credit Risk Certification (CIA) Certified Internal Auditor (FRM) Financial Risk Manager or other risk credentials preferred.
• Pacific Coast Banking School Graduate or equivalent preferred.
• Equivalent combination of education training and experience in portfolio management loan audit and/or credit risk may be considered.
• Demonstrated ability to deliver exceptional customer service and maintain client relationships both internally and externally.
• Business and financial analysis and modeling skills with understanding of financial accounting income statements balance sheets etc. requiring the ability to gather analyze and prepare reports.
• Working knowledge of lending practices policies procedures disclosures and terminology related to banking laws regulatory requirements. and legal documents.
• Understanding of the Banks credit underwriting policies and approval process.
• Technical and analytical reasoning skills to synthesize information accurately and effectively to understand and interpret regulatory requirements and appropriately apply principles procedures requirements regulations and policies to the position.
• Well-developed interpersonal and written/verbal communication skills demonstrating the ability to communicate effectively clearly and persuasively in a variety of settings formats and audiences; with the ability to read write speak and understand English well.
• Strong planning organizational time management and follow up skills demonstrating a strong sense of urgency and ability to execute quickly timely and efficiently.
• Ability to multi-task and decide key priorities with confidence motivation decisiveness flexibility and sound business judgment.
• Unquestionable integrity in handling sensitive and confidential information required.
• Proficient use and understanding of MS Office products (Word Excel Outlook) with the ability to learn and adapt to new technologies quickly. Working knowledge of automated underwriting and financial systems required.

  
  

Work Environment/Conditions:

• Climate controlled office environment.
• Work involves being able to concentrate on the matter at hand under sometimes distracting work conditions and frequent employee and customer contacts and interruptions during the day.
• Work requires regular attendance punctuality and adherence to agreed-upon schedule with willingness to work a flexible and/or rotating schedule and or extended hours and assist at other locations or remotely as needed.

Physical Demands/Effort:

• Work may involve the constant use of computer screens reading of reports and sitting throughout the day.
• Ability to operate a computer keyboard multi-line telephone photocopier scanner and facsimile which often requires dexterity of hands and fingers with repetitive wrist and hand motion.
• Typically sitting at a desk or table; intermittently standing stooping bending at the waist walking climbing kneeling or crouching to file materials
• Occasional lifting up to 10 lbs. (files boxes etc.).

At Heritage Bank we work hard but we also know how important it is to take time off to stay healthy relax and spend time doing what makes your heart happy!

As part of our team youll enjoy a total rewards package which includes base salary based on the role experience and skill set along with an exceptional benefits package (medical dental vision life insurance 401(k) community volunteer time) and generous time off policy. Full-time team members receive a minimum of 10 paid vacation days annually* and eight hours of paid sick leave per month* while also enjoying 11 paid holidays each calendar year and an annual float day. *pro-rated from start date and/or hours worked. To view Benefits Summary: Apply > Current Openings > position > attachment.

The above statements are intended to describe the general nature and level of work being performed and are not an exclusive list of all qualifications for this position.

Heritage Bank is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age protected veteran status disability or any other basis protected by applicable law.

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Salary Range Disclaimer

The base salary range represents Heritage Banks current salary range for the position. Actual salaries will vary depending on factors including but not limited to qualifications experience and job performance. The range listed is just one component of Heritage Banks total compensation package for full time and part time employees. Depending on position other total compensation rewards may include monthly quarterly or annual incentive and/or bonuses.