Business Banking Credit Team Lead

River Run is a shared services organization that supports banking affiliates Newburyport Bank Pentucket Bank and Rollstone Bank & Trust.

Leads the Business Banking credit underwriting process and manages the incoming loan request pipeline ensuring timely and consistent execution of credit requests. Provides guidance and oversight to credit analysts in financial spreading credit analysis underwriting and commercial borrower evaluation. Reviews and provides credit guidance on transactions and serves as a primary credit approver for Business Banking loan requests up to $1 million. Partners with Business Banking lenders to structure transactions resolve credit issues and facilitate the underwriting process. Coordinates the effective use of Business Banking loan and credit systems and supports process improvements training and special projects.

• Leads and oversees the analysis and underwriting of existing and prospective Business Banking borrowers including review of financial statements financial spreads and overall creditworthiness.
• Reviews comprehensive credit approval documents to ensure the borrowers financial profile key risks credit structure and requested terms are accurately and clearly presented.
• Approves Business Banking loan requests up to $1 million within established lending authority.
• Oversees the overall direction and coordination of designated staff executing supervisory duties in alignment with organizational policies and relevant legal regulations.
• Manages and develops Business Banking credit analysts by establishing clear performance expectations providing ongoing feedback and coaching conducting performance reviews and addressing performance concerns in accordance with Bank policies and procedures. Supports recruitment onboarding and training of credit team members as applicable. Oversees the Business Banking credit pipeline and workflow ensuring appropriate allocation of work and timely completion of credit requests.
• When necessary underwrites and prepares credit approval documents for complex C&I transactions in support of the Commercial Credit Analyst team.
• Provides oversight of annual reviews of commercial borrowers and supports the Commercial Lending team with reporting and other credit-related assignments as requested.
• Provides guidance to Business Banking credit analysts in identifying and evaluating credit risks including economic industry management and other factors that may affect a borrowers ability to meet its obligations.
• Monitors the Business Banking portfolio for emerging credit concerns and provides guidance on appropriate action plans and risk-rating adjustments.
• Ensures adherence to Bank credit policies procedures and applicable laws and regulations including appropriate identification documentation and escalation of exceptions. Maintains current knowledge of Bank products services policies procedures and regulatory requirements and communicates relevant updates and expectations to the credit team.
• Provides oversight of transactions account information and supporting documentation as applicable to ensure compliance with Bank policies regulatory requirements and the Bank Secrecy Act (BSA).

• Bachelors degree in finance Accounting Business Administration Economics or a related field preferred. An equivalent combination of education commercial credit experience and relevant training may be considered. 58 years of experience in commercial credit analysis business banking commercial lending or underwriting with progressively increasing responsibility for credit decisions and risk assessment. Strong knowledge of general accounting and finance principles.
• Strong knowledge of general banking/lending concepts and principles and SBA lending.
• Strong decision-making skills.
• Proficient with office software including word processing spreadsheet presentation and mail applications.
• Ability to execute a basic financial analysis of a company.
• Ability to interpret market data and valuation calculations in appraisal reports.
• Ability to acquire knowledge of the Banks products and services with a focus on loan and commercial products.
• Ability to satisfy deadlines and time constraints.
• Attention to detail.
• Self-motivated.
• Ability to acquire and employ knowledge of the Banks products and services including loan products.
• Ability to read and write for prolonged periods to absorb transactions borrower or industry information and describe it clearly and concisely.
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River Run Services LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race color ancestry national origin gender sexual orientation marital status religion age disability gender identity results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process you may contact Human Resources at or call .

The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience skills and internal equity to ensure fairness and consistency across our organization