To apply for this position, go to our website Ohnward Bancshares, Inc.

www.ohnward.com 

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POSITION SUMMARY                                                                                                                                    

The Sr. Credit Officer is responsible for development and establishing and supporting the credit culture of the bank and the credit quality of the loan portfolio.  Develops, updates, implements and executes Loan policy.  Develops updates, implements and oversee effective risk rating system/process.  Participates in the loan committee meetings.  Manages and oversee all credit analysis and loan operations support functions.  Actively participates in development and implementation of ongoing credit training.  Assists in detection of any deterioration of loan quality.  Monitors and manages loan portfolio concentration. 

KEY ORGANIZATIONAL RELATIONSHIPS                                                                                                      

• Reports to the CEO.
• Direct reports as follows:  Loan Department Manager and Sr. Credit Analyst

DUTIES AND RESPONSIBILITIES                                                                                                                    

Essential Duties and Responsibilities

To perform this job successfully an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

• Manages all aspects of bank wide credit policy and credit administration.  Oversees and ensures sound credit decisions bank wide.  Develops and updates the Bank’s Loan policy.  Monitors compliance with Loan Policy and appropriate regulations.  Evaluates and recommends policy or procedure changes.
• Nurtures a credit culture consistent with Board standards and expectations.  Participates in loan committees.  Coaches and mentors bankers with lending authority.  Approves loans within lending authority.
• Continually monitors and understand the impact of current industry, economic, legal and regulatory environments and the impact on the Bank.
• Manage and supervise all underwriting, collections, workout and repossessed asset disposition functions of the Bank.
• Participate on the Bank’s pricing, ALCO, and strategic planning committees. 
• Serve as the primary credit liaison to the Bank’s external and internal auditors, third party loan reviewers, and regulators.
• Implements a system of credit analyst and quality control for all loans made as required by the Board-approved Loan policy.  Oversees the Bank’s risk rating system and ensures consistency of application.  Monitors and manages the administration of all large loans, large aggregate lending to one borrower, complex loans, and loans indicating risk of significant deterioration. 
• Oversees centralization of loan operations.  Examines files systematically for adequacy of credit and collateral documentation, regulatory compliance, and loan policy conformance; reviews technical exceptions and deficiencies and appraisal reviews; reports continued outstanding exceptions to Board of Directors.
• Represents the Bank’s regulatory compliance and risk management objectives.  Oversees and monitors criticized assets and assists loan officers with work out loans.  Assures that an accurate accounting of Watch List and special mention credits is maintained and reported regularly to the Board of Directors; discusses status and resolution plans of problem loans with the Board of Directors and loan officers.  Makes recommendations regarding future credit information needs; identifies loans meeting non-accrual or charge-off criteria.
• Analyzes quarterly the adequacy of the allowance for loan and lease losses, including ASC 450 and ASC 310 analyses.  Prepares appropriate monthly/quarterly/annual reports.  Prepares periodic studies of various portion of the loan portfolio including past due reports, concentrations of credit, etc. for benefit of supervisory and executive officers.
• Oversees the collection of past due loans, manages legal actions taken by the Bank to secure collateral or the repossession of personal property and foreclosure of real estate.  Manages the liquidation of Other Personal Property Owned and Other Real Estate Owned by the Bank.
• Performs other duties as assigned.

SKILLS AND ABILITIES                                                                                                                                    

To perform this job successfully, an individual should demonstrate the following knowledge, skills, and abilities.

• Analytical.  Collects and researches data; designs work flows and procedures.  Is careful, exact, and free from errors.  Adheres closely to a set of standards.
• Problem-Solving.  Identifies and resolves problems in a timely manner; develops alternatives solutions; works well in groups to solve problems and generate new ideas and salutation.
• Visionary Leadership.  Mobilizes others to fulfill the vision; provides vision and inspiration to peers and subordinates.
• Project Management.  Coordinates projects; communicates changes and progress.
• Change Management.  Develops workable implementation plans; communicates changes effectively; prepares and supports those affected by change; monitors transition and evaluates results.
• Leadership.  Inspires and motivates others to perform well; effectively influences actions and opinions of others.  Preferably aware of and in tune with “emotional intelligence” and its impact on the workplace. 
• Managing People; Includes staff in planning, decision-making, facilitating and process improvement.  Fosters quality focus in others; improves processes, products and services.
• Business Acumen.  Understands business implications of decision; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals.
• Cost Consciousness.  Works within approved budget guidelines; develops and implements cost saving measures; contributes to profits and revenue, conserves organizational resources.
• Strategic Thinking.  Develops strategies to achieve organizational goals, understands organization’s strength and weaknesses; analyzes market and competition, identifies external threats and opportunities, adapts strategy to changing conditions.  

LOCATION                                                                                                                                                     

This position is located at First Central State Bank in DeWitt, IA.  The duties may require limited travel from time to time to any of the various affiliated bank or financial offices. 

EDUCATION AND EXPERIENCE                                                                                                                     

Bachelor’s Degree from an accredited college or university in finance or related specialty; and ten years related experience and/or training; or equivalent combination of education and experience. 

Strong, collaborative, strategic-minded, results-oriented leader with at least 10 years of significant credit leadership experience. Experience with single-family mortgage, business, CRE, and consumer lending.

Specialized formal credit training.

BENEFITS: 

Stakeholder Bonus 

Health Insurance 

Dental Insurance 

Retirement Plan (401k) – 3% Safe Harbor Contribution + Discretionary Contribution 

10 Observed Holidays 

PTO 

Group Term Life provided 

Short Term Disability - 100% provided by company 

Long Term Disability 

Maternity/Paternity Leave – 100% of pay 

Community Involvement 

Pay-It-Ohnward – Company Giving Program 

Grilling for Charity – Community Donations 

Thank God Its Monday (TGIM) Company Event

To apply for this position, go to our website Ohnward Bancshares, Inc.

www.ohnward.com 

• About Us 

• Careers 

• Apply Now  

Equal Opportunity Employer