Credit Manager - The Ladders : Job Details

Job Type Full-time Description About Us: At Pathfinder Bank, we take pride in being more than just a financial institution - we are a community-focused bank committed to building lasting connections in Central New York. As a key player in our Market, you'll have the chance to make a meaningful impact on the people and businesses in our community while developing long-lasting, trusted relationships. Why Join Us:Community-Centric: Your role at Pathfinder Bank goes beyond being a trusted financial advisor; it's about actively contributing to the growth and prosperity of the local community we serve. Collaborative Environment: Thrive in a fast-paced, collaborative, and engaging work environment where your ideas are valued, and teamwork is celebrated. We believe that together, we can achieve more. Employee Support: We understand the dedication and hard work our employees put in, and we are committed to ensuring you feel supported, appreciated, and rewarded for your contributions. Flexibility: Enjoy the flexibility of a family-friendly work environment that understands the importance of work-life balance. Summary/Objectives Performs portfolio analysis to assess risk factors within portfolio, such as concentrations, distribution of asset quality ratings, and trends in overall loan portfolio quality and profitability. Manage a staff of credit analysts and underwriters, which preform independent analysis on each loan request, provide a fair and accurate evaluation of the business, industry and financial condition. Determine probability of payment through the primary and secondary source of repayment identifying risk and recommend offsetting terms and conditions. Train and develop a staff of qualified individuals capable of preforming required tasks as assigned. Essential Functions

• Train and develop a staff of credit analysts, underwriters and support staff able to provide independent credit analysis in support of the banks strategic objectives. Work closely with sales to build a quality portfolio which meets the acceptable risk parameters approved by the board of directors.
• Responsible for the department's analysis of financial information. Assessing the borrower's industry, quality of management, peer group comparables, potential risks within the industry and economy, and primary and secondary repayment source risks.
• Prepare loan presentations on the Bank's most complex credits, making recommendations to a Loan Committee and Board of Directors regarding risk and the probability of repayment through the primary and secondary sources of repayment. Make recommendations for collateral requirements, review frequency, ideal credit structure, loan conditions, which manage identified risk. Provide a recommendation for approval/denial of the loan request.
• Analyze and perform quantitative analysis of the historical loss rates for a group of loans. Manages and analyzes all on-going commercial construction loans and insurance claims where the Bank is listed as a loss payee and facilitates property inspections, title searches and determines if an advance is authorized against the building loan agreement or the insurance claim funds.
• Provides reports to the board of directors regarding portfolio performance, trends, risks and exceptions. Projects forward performance and potential areas of concern. Recommends appropriate steps to manage risk.

Supervisory Responsibility Supervises commercial credit analysts, residential underwriters and support staff. Determines support needs hires and trains appropriate staff to provide the complete and accurate assessment of credit risk. Acts as a workflow coordinator for the Credit Department. Requirements Required Education, Experience and Qualifications

• Bachelor's degree in business, finance or economics.
• Five or more years of experience in banking with specific exposure to Business Lending, specifically C&I and Real Estate underwriting and residential underwriting.
• Prior experience with credit risk management development processes, credit underwriting strategy development, and evaluation techniques.
• Prior experience in loan portfolio analytics management.
• Prior experience in managing a loan workflow software solution.
• Prior experience in preparing reports and documentation for regulatory oversight.
• Prior experience in commercial credit management and underwriting.
• Proven project management skills.
• Extensive background in financial institution operating policies and procedures, banking regulations (state and federal).
• Excellent financial analytical skills with sound judgment and decision making abilities
• Excellent knowledge of personal/business financial statements and tax returns
• Ability to work under intense deadlines and to manage/execute competing priorities.

Salary Description $120,000-$150,000/year