Credit Admin Analyst

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

Join our TEAM - Together Everyone Achieves More

Job Title: Credit Admin Analyst

Department: Credit Admin

We are looking for Credit Admin Analyst to join our Credit Admin team. The Credit Admin Analyst is responsible for assisting the day-to-day administration in credit and special assets function, as well as assisting and supporting the Credit Administrator and the Chief Credit Officer. The Credit Admin analyst will collaborate with various departments to provide insights and recommendations based on credit analysis. Attention to detail is crucial in maintaining accurate records and ensuring compliance with policies. Effective communication skills are necessary for collaborating with various departments and presenting findings to management.

Key Responsibilities:

• Assist in ordering appraisal reports and documenting the qualifications of appraisers and environmental assessors.
• Participate in discussions with borrowers regarding business and financial status, repayment plans, loan collections, restructuring, and following up with tickler items.
• Site visitation to new and existing borrowers.
• Underwrite commercial loan products and memos following the bank's loan policy and procedures, and general prudent lending practices.
• Interact with lending units to discuss the borrower's financial status to develop effective resolution strategies.
• Collaborate with legal teams, collection agencies, and external partners to enforce loan recovery efforts.
• Maintain accurate records of activities related to troubled loans, and assist in the preparation of special assets reports.
• Adhere to bank policies and procedures related to the SAD portfolio.

Key Responsibilities:

• Bachelor's degree in business administration or related field or equivalent work experience required.
• 2-3 years of experience in commercial/business banking underwriting, lending, credit administration, or special assets area is preferred.
• Excellent verbal and written communication skills.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Ability to respond effectively to the most sensitive inquiries or client complaints.
• Present a professional image in dealing with customers, interdepartmental, and external representatives.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, core banking process systems, e-mail and on-line banking programs.
• Good analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to retain broad knowledge of lending tasks.
• Strong analytical skills with a thorough understanding of lending operations and client needs.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

To view current job openings, please visit Open Bank Careers Page: https://myopenbank.com/about/#