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Full-Time

Commercial Lending Credit Manager

Posted on 9/3/2024

Lead Bank

Lead Bank

201-500 employees

Full-service banking with tailored financial solutions

Fintech
Financial Services

Senior, Expert

Lee's Summit, MO, USA + 2 more

Category
Commercial Banking
Finance & Banking
Required Skills
Communications
Financial analysis
Requirements
  • A minimum of 5 years experience managing teams of analysts
  • A minimum of 8 years experience in credit analysis, commercial lending, credit risk assessment and/or financial analysis, preferably at a financial institution
  • Strong analytical and problem-solving skills, with the ability to synthesize and communicate complex financial situations
  • Excellent communication and organizational skills, and the proven ability to manage projects, work collaboratively across functions, and manage multiple time-sensitive projects simultaneously
  • Willingness to take on new challenges in a fast-paced environment
  • Self starter, engaged, proactive and ready to roll up your sleeves
Responsibilities
  • Manage the credit analysis / underwriting function, including the supervision of credit analysts who spread financials and assess current and prospective borrowers’ credit worthiness / risk
  • Oversee the preparation of credit analysis, annual loan/borrower reviews and credit presentations to the Chief Lending Officer and Loan Committee, including recommending updates and enhancements to the bank’s analysis templates, rating methodologies, and software tools
  • Develop and review reports to manage and monitor the performance and growth of the community bank loan portfolio for presentation to lenders, Loan Committee, the Board of Directors, and regulators
  • Review and update policies and procedures related to credit underwriting, risk ratings, and loan portfolio reporting
  • Manage and develop a team of analysts as a proactive ‘player-coach’, including workflow assignments, ongoing professional training, and performance appraisals
  • Perform all other duties as assigned

Lead Bank provides banking services that combine expertise, experience, and technology to support businesses in their growth. The bank offers a range of digital banking solutions, including online banking and remote deposit technology, allowing customers to manage their finances conveniently from anywhere. Unlike many traditional banks, Lead Bank focuses on building strong relationships with its clients, ensuring that financial solutions are tailored to meet the specific needs of each business. The goal of Lead Bank is to empower local businesses to thrive, contributing to the overall prosperity of the Kansas City metropolitan area.

Company Stage

N/A

Total Funding

$150M

Headquarters

Kansas City, Missouri

Founded

1928

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Simplify's Take

What believers are saying

  • Recognition as Small Business of the Year by Kansas City's Chamber of Commerce underscores Lead Bank's strong community presence and reputation.
  • The hiring of experienced professionals like Kris Dickson as CFO and Mario Urquilla as Community Development Officer indicates a commitment to strong leadership and community engagement.
  • Innovative partnerships, such as with Outdoorsy for RV-focused lending, demonstrate Lead Bank's ability to adapt and offer niche financial products.

What critics are saying

  • Involvement in legal issues, such as the class action over the 'rent-a-bank' payday lending scheme, could damage the bank's reputation and customer trust.
  • The guilty plea of a former executive for evading anti-money laundering rules raises concerns about internal compliance and governance.

What makes Lead Bank unique

  • Lead Bank combines traditional banking with next-generation digital solutions, offering robust online banking and remote deposit technology.
  • The bank's deep-rooted community focus and personalized financial solutions set it apart from larger, impersonal financial institutions.
  • Lead Bank's strategic partnerships, such as with Kclinc and PointChain, enhance its service offerings and community impact.