Assistant Relationship Manager I or II (Commercial Lending) #26-03

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Why Join Us At First Federal we are committed to providing outstanding banking experience by focusing on the relationships we build the products and services we offer and the professional image we uphold. As an Assistant Relationship Manager you will oversee the analysis of borrowers credit worthiness and the development of related credit memos for both new and existing borrowers and to monitor assigned loan portfolios to protect the assets of the Association.

Key Responsibilities:

Credit Analysis: Responsible for supervising the credit analysis function ensuring that borrowers financial information is fully analyzed including:

• Review credit submission packages received from Relationship Managers and identify the appropriate information necessary to complete analyses.
• Organize financial information accurately using the banks spreading software.
• Perform in depth independent analysis of financial statements credit bureaus and calculation of significant ratios.
• Evaluate financial information to support cash flows and global cash flows of borrowers and guarantors as required by the Association.
• Recommend credit approvals or denials based on the analysis performed and conclusions drawn.
• Author credit memorandums to approve credit requests in a clear and thorough manner while citing mitigants to the risk involved ensuring quality assets are approved with proper structure controls and terms.
• Document research that supports credit decisions made.
• Conduct in depth review and written analysis of residential and CRE appraisals in accordance with the appraisal policy.
• Review write and oversee property evaluations for residential and CRE loans in accordance with appraisal policy.
• Provide analytical training and review the work of junior Credit Analysts/Trainees as directed by the Chief Credit officer.
• Assist in covenant tracking and ensure compliance with financial reporting requirements.
• Partner with Relationship Managers to appropriately structure complex credit facilities including lines of credit term loans owner-occupied CRE investment CRE and C&I transactions.
• Identify emerging credit risks and proactively communicate concerns to management.

Risk Analysis: Responsible for monitoring existing loan portfolio and providing reports as requested to Chief Credit Officer.

• Develop maintain and ensure that the schedule for annual financial analysis of assigned loans is completed as required by the loan policy.
• Prepare other reports as requested by management.
• Ensure that financial information obtained is adequate for the size of the credit and overall relationship.
• Attend Directors Loan Committee meetings
• Assist in risk rating reviews and recommend risk grade changes when warranted.
• Monitor past dues covenant exceptions documentation exceptions collateral exceptions and escalate concerns appropriately.

Compliance: Positively embrace the culture of compliance in a professional manner and in all interactions with other employees and customers.

• Adhere to company policies and procedures to ensure full compliance with all regulatory requirements.
• Adhere to First Federals Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Compliance policies procedures and processes. Immediately report suspicious activity to the BSA Officer; and be aware that noncompliance could mean your demotion reassignment or termination of employment. You could also face significant civil and criminal penalties.
• Complete all assigned compliance training in a timely manner including BSA/AML training programs and be able to pass tests to demonstrate your knowledge of these regulations.
• Perform only tasks where you are licensed to include NMLS Notary or any other tasks which require a specific certification.
• Participate actively and in a cooperative manner in all internal/external loan examinations.
• May work with Mortgage Compliance Officer to ensure loan covenants and other lending requirements remain compliant with applicable laws and regulations.
• Relationship Management:
• Maintain knowledge on all bank products credit standards services and trends and provide efficient customer services.
• Participate in various business development calls with Relationship Managers and develop efficient credit proposals and structure for same.
• Participate in client meetings and assist Relationship Managers in arranging credit facilities and appropriate related documentation.
• Participate in sales planning initiatives and assist in the design of appropriate relationship plans to generate new business.
• Contact customers directly to gather updated information financial and non-financial as needed.
• Serve as a secondary point of contact for assigned commercial clients ensuring timely responses and high-quality service delivery.
• Support onboarding of new commercial relationships including coordination with loan ops and documentation teams.

What Youll Bring:

• Prior experience (minimum 2 years) as a commercial credit analyst in a financial institution preferred. Prior direct supervisory experience desired.
• Bachelors degree; preference in Business Finance Economics or Accounting (Major or Minor) or an equivalent combination of work experience and education.
• Basic knowledge of bank regulations and general commercial lending practices.
• Fluent using Microsoft Office Suite products and financial spreading software (Bukers Moodys Baker Hill etc.).
• Valid state Drivers license
• Complete understanding of significant ratios derived from spreading financial statements and the ability to analyze the financial health of an entity based on significant ratios and changes over time in those ratios.
• Knowledge of commercial & commercial real estate underwriting required.
• Knowledge of residential and consumer lending areas desired though not required.
• Understanding of business entities and the unique legal accounting and taxation requirements of each.
• Knowledge of borrowers co-borrowers obligors and guarantors.
• Understanding of types and characteristics of real and personal property ownership.
• Understanding of the laws of creditors rights with respect to real and personal property.
• Working knowledge of loan documentation and covenants under various structures
• Strong written and verbal communication skills.
• Strong organizational skills and ability to manage multiple priorities in a deadline-driven environment.

Physical Requirements: Duties are generally sedentary requiring sitting for long periods. May require occasional travel within the County limits and occasional travel outside of the county to attend conferences/seminars or classes.

What We Offer:

• Competitive salary and benefits package
• Training and ongoing professional development
• Opportunities for career advancement within First Federal
• A supportive team-oriented work environment where your contributions are valued

Pre-Employment Requirements: This position will have access to cash financial instruments financial transactions or confidential customer financial information. As a result the following pre-employment screens are required:

• Pre-employment drug screen - excluding Marijuana
• Criminal background screen
• Consumer credit report

Ready to Apply If youre ready to make a difference in the lives of our customers and grow your career in banking we encourage you to apply today! Click to submit your application and join our team!

Deadline for Application: Position will remain open until it is filled.

First Federal is an Equal Opportunity Employer-Vets/Disabled and committed to a diverse workforce. First Federal participates in the Federal E-Verify Program and is an Affirmative Action Employer. If you need assistance with completion of an application for employment please contact the Human Resources Department at or email

Key Concepts: Banking Commercial Lending Credit Analysis

Pre-Employment Requirements: This position will have access to cash financial instruments financial transactions or confidential customer financial information. As a result the following pre-employment screens are required:

• Pre-employment drug screen - excluding Marijuana


• Criminal background screen


• Consumer credit report


• DMV record search

Required Experience:

Manager