23 days old

Senior Credit Officer

First Security Trust & Savings Bank
Elmwood Park, IL 60707
  • Job Code

The Senior Credit Officer is responsible for providing support, direction, credit information, and loan policies and procedures to ensure the overall quality of the Bank's credit extension.


  • Transactional approvals/declinations within delegated authorities
  • Voting Member of Loan Committee
  • Primary Loan & Discount interface
  • Ensure Compliance with Committee Charters and Credit Policies and Procedures
  • Oversee the production and maintenance of the portfolio data base and reports
  • Responsible for the credit policies and its compliance with the applicable regulations and laws, credit risk, product and program management
  • Ensure that the business development and relationship management group understands and develops business in accordance with the Banks credit guidelines
  • Work with senior management on the determination of overall loan portfolio composition and the management of concentrations
  • Regulatory exam and audit loan liaison
  • Manage the independent loan review process (Plante Moran)
  • Ensure that the portfolio is appropriately Risk Rated and adequately reserved
  • Direct the Loan Work-Out/Special Assets process; reduce credit and collections/non- performing loan levels
  • Adhere to current compliance standards and service standards of performance
  • Perform other duties as assigned

Knowledge, Skills and Abilities:

  • Lending, risk and leadership skills to drive the remediation of the loan portfolio and establish the necessary risk processes, infrastructure and a new risk culture
  • Excellent leadership, interpersonal, team and communication skills (written and verbal)
  • Knowledge of banking regulations (State of Illinois, FDIC and FRB)
  • Sound working knowledge of the overall operations of the loan/credit departments
  • Ability to establish credibility and rapport; knowledgeable and personable looking for ways to improve the operations of the Bank
  • Proven ability to demonstrate and coach exceptional customer service
  • Ability to communicate and function professionally with all levels of personnel and business partners across the organization
  • Excellent customer contact skills; comfortable asking questions/ interviewing customers about their financial situation; strong listening skills
  • Must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions
  • Able to take full ownership of issues until they are completely resolved

Training and Experience:

  • Degree in business/finance/economics
  • 10+ years relevant work experience with demonstrated track record of loan credit risk and strong workout expertise and experience with high emphasis on transactions
  • Prior experience with a community bank
  • Must be credit trained
  • Required experience related to financially distressed loans; restructuring and workout
  • Regulatory remediation experience a plus
  • Strong technical/ Windows and Excel computer background
  • Demonstrated sales/business development experience and success
  • Complete ongoing compliance training



Posted: 2022-05-05 Expires: 2022-06-05

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Senior Credit Officer

First Security Trust & Savings Bank
Elmwood Park, IL 60707

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