Busey Bank

Community bank offering deposits and loans

Regional Credit Officer

Retail & Commercial BankingConfirmed live in the last 24 hours

Full-timeIn-person

About the Job

Requirements

Requires a Bachelor's degree with a concentration in Business or Finance.
Requires 10 or more years of Commercial Credit experience with prior single signature approval authority.
Requires 5 or more years of experience in a progressive management or leadership role.
Requires 5 or more years of prior experience with middle market-sized businesses with loan relationships of $10-$100 million.
Requires proficient knowledge of Microsoft Office.
Requires excellent oral and written communication skills; strong interpersonal, organizational, analytical, presentation, and critical thinking skills.
Requires comprehensive knowledge of the overall departmental function, including expert knowledge in Busey’s Commercial/Credit line of business.
Must provide accurate and timely Commercial Analysis and Approval.
Must take independent action within established options and develop new procedures and approaches to problems when necessary.
Must analyze situations and solve problems.
Must perform duties and make decisions under frequent time pressures.

Responsibilities

Manage a team of Commercial Credit Officers, Commercial Underwriters, and Credit Analysts, including hiring, training, mentoring, and ongoing professional development.
Ensure timely underwriting through regular communication with the team, and communicate with Regional/Market leadership to maintain awareness of workflow priorities.
Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
Review the prospective loan grade of each approval to ensure alignment with regulatory and policy definitions.
Assist with portfolio management duties, including reviewing financial covenants, annual and quarterly portfolio reviews, sensitive asset reports, exceptions reporting, and monitoring borrowing bases.
Assist Commercial Relationship Managers with structuring loan opportunities through preparing and reviewing opportunity memos, including establishing appropriate financial covenant structures, for new and existing relationships.
Maintain working knowledge of the Commercial Banking Loan Policy, playbook, and commercial lending technology platform.
Assist in the sales process, including accompanying Relationship Managers on customer and prospect calls.
Approve loans within defined authority levels and recommend loans for approval that exceed defined authority levels.
Participate in pipeline meetings to develop knowledge of prospective opportunities and upcoming renewals.
Communicate regularly with the Senior Regional Credit Officer and other Regional/Market leadership regarding personnel matters, pipeline updates, credit migration or deterioration, and potential solutions to identified issues.
Serve as the subject matter expert on Commercial and Industrial borrowers and prospects for the Northern Illinois region.
Assist with other duties or special projects as assigned.

Position Summary

The Regional Credit Officer (RCO) oversees commercial credit underwriting and portfolio management for designated markets and lines of business, playing a critical role in developing sound borrower relationships, monitoring portfolio performance, and identifying and managing associated credit risks.

Duties & Responsibilities

Responsibilities:

Manage a team of Commercial Credit Officers, Commercial Underwriters and Credit Analysts, including hiring, training, mentoring, and on-going professional development

Ensure that timely underwriting is being achieved through regular communication with your team. Additionally communicate with Regional/Market leadership to ensure awareness of priorities for workflow

Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals
Review the prospective loan grade of each approval to ensure it aligns with regulatory and policy definitions

Assist with Portfolio Management duties that include reviewing financial covenants, annual/quarterly portfolio reviews, sensitive asset reports, exceptions reporting and monitoring borrowing bases

Assist Commercial Relationship Managers with structuring loan opportunities through the preparation and review of opportunity memos, including establishing appropriate financial covenant structures, for new and existing relationships

Maintain a working knowledge of the Commercial Banking Loan Policy, playbook and commercial lending technology platform

Assist in the sales process, including accompanying Relationship Managers on customer and prospect calls

Approve loans that are within defined authority levels; recommend loans for approval that are in excess of defined authority levels

Participate in pipeline meetings to develop knowledge of prospective opportunities as well as upcoming renewals

Communicate upstream with the Senior RCO and other Regional/Market leadership regularly to maintain an open dialogue regarding personnel matters, pipeline updates, credit migration/deterioration, including raising potential solutions to identified issues
Serve as the Subject Matter Expert on Commercial & Industrial (C&I) borrowers and prospects for the Northern Illinois region.

Assist with other duties or special projects as assigned

Education & Experience

Knowledge of:

Excellent oral and written communication skills
Strong interpersonal, organizational, analytical, presentation, and critical thinking skills
Comprehensive knowledge of the overall departmental function, including expert knowledge in Busey’s Commercial/Credit line of business

Ability to:

Provide accurate and timely Commercial Analysis and Approval
Take independent action within established options and develops new procedures and approaches to problems when necessary
Analyze situations and solve problems
Perform duties and make decisions under frequent time pressures

Education and Training:

Requires Bachelor’s degree with a concentration in Business or Finance
Requires 10 or more years of Commercial Credit experience with prior single signature approval authority
Requires 5 or more years experience in a progressive management/leadership role
Requires 5 or more years of prior experience with middle market-sized businesses with loan relationships of $10-$100 million
Requires proficient knowledge of Microsoft Office

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $160,000-$190,000/year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit BuseyTotal Rewardsfor more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. VisitBusey.com/Careersto learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.

About the Company

Busey Bank

Community bank offering deposits and loans

Busey Bank provides traditional community banking services for individuals and local businesses, including deposits, loans, and digital banking. Customers access services through branches, ATMs, and online platforms, with deposits funding loans and other financial activities. The bank differentiates itself through deep community roots and strategic growth, including the 2025 acquisition of CrossFirst Bankshares to expand its geographic reach while preserving local decision-making. Its goal is to support communities by offering reliable financial services and prudent risk management as it grows its footprint.

Company size: 501-1,000
Company stage: IPO
Headquarters: Champaign, IL
Founded: 1868

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