Cogent Bank

Banking services with customized financial solutions

Credit Officer

Retail & Commercial BankingConfirmed live in the last 24 hours

Full-timeCoral Gables, FL, USANo salary listed

About the Job

Requirements

At least 5 years of proven experience in a lending and/or credit capacity in a financial institution.
A bachelor's degree with an emphasis in business, accounting, or finance, together with formal bank credit training.
Hands-on experience with lending procedures and products.
Ability to create and process financial spreadsheets.
Strong analytical skills.
Strong customer service skills.
Respectful interactions with employees, regional and executive management, and the Board of Directors.
Ability to travel as needed to outside markets.

Responsibilities

Propose and/or champion all deals during term sheet and rump sessions to the Chief Credit Officer and Senior Credit Officer.
Underwrite new loans, renewals, modifications, and annual reviews, and maintain sole responsibility for the Market and Divisional Larger Borrower report.
Exercise co-lending authority with the Market President and Senior Credit Officer.
Pull personal and corporate credit bureaus and Office of Foreign Assets Control reports.
Carry lending relationships graded Watch or Worse and present and administer Watch or Worse reports.
Assist the Chief Credit Officer and Senior Credit Officer with policy and procedure writing for the lending and credit functions of the bank.
Ensure Bank Secrecy Act compliance by following the Bank Secrecy Act/anti-money laundering/Office of Foreign Assets Control policies and procedures and completing related training.
Perform other tasks, responsibilities, or duties as directed by management.

Desired Qualifications

An MBA.

Description

Job Summary

A Credit Officer facilitates lending for our clients by assessing creditworthiness as well as providing sound documentation. Credit Officer responsibilities include analyzing loan applications, evaluating clients’ financial information, and mitigating any weaknesses. To be successful in this role, a candidate will have a good understanding of lending procedures and developing a best in class customer service experience. Ultimately, you will help our clients secure capital in a timely manner, while ensuring compliance within internal and regulatory guidelines.

Requirements

Responsibilities and Duties

Proposes and/or champions all deals during the term sheet / rump sessions to Chief Credit Officer and Senior Credit Officer.
Underwrites New, Renewals, Modifications, Annual Reviews and is solely responsible for the Market and Divisional’s Larger Borrower report.
Have co-lending authority with Market President / Senior Credit Officer.
Pull personal and corporate credit bureaus as well as OFAC reports.
Carry some lending relationships graded Watch or Worse as well as present and administer (WOW reports).
Assist Chief Credit Officer and Senior Credit Officer on policy and procedure writing for the Lending / Credit side of the bank.
Ensures BSA compliance by reading and being familiar with the BSA/AML program/policy; following all BSA/AML/OFAC policies and procedures; and completing all BSA/AML/OFAC related online courses.
All other tasks, responsibilities, or duties, as directed by management.

Qualifications and Skills

5+ years of proven experience in a lending and/or credit capacity in a financial institution
Minimum educational requirement of a bachelor’s degree with an emphasis in business, accounting, finance as well as formally bank credit trained. MBA preferred.
Hands-on experience with lending procedures and products.
Ability to create and process financial spreadsheets.
Strong analytical skills.
Strong customer service skills.
Respectful to all employees, regional and executive management as well as in any interactions with any Board of Directors.
Ability to travel as needed to outside markets.

About the Company

Cogent Bank

Banking services with customized financial solutions

Cogent Bank offers banking services for individuals and businesses, helping clients reach their financial goals through tailored financing options, savings products, and a focus on a high-quality customer experience. Its products are delivered via online and mobile banking, in-branch support, and dedicated relationship teams, with customizable financial solutions designed to fit each client’s needs. The bank differentiates itself by prioritizing a strong customer experience, the use of technology to streamline banking, and personalized, needs-based financial planning rather than one-size-fits-all products. The goal is to provide secure, convenient, and customized financial services that help clients achieve their financial objectives.

Company size: 201-500
Company stage: Debt Financing
Total funding: $22.5M
Headquarters: Orlando, FL
Founded: 2018

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