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CREDIT PRODUCTS OFFICER II
Posted on: 19 Oct 2021
Birmingham, AL
Job Description
Primary responsibilities are to structure credit to market (asset quality and competitiveness balanced), developing financial models and projections for term debt and transactions, negotiating credit (with Client Manager and/or Credit Products Officer involved as needed), underwriting credit, gaining credit approval, etc. The Credit Products Officer will assist with credit activities associated with Commercial Banking (Large Middle Market and C&I) or Corporate & Investment Banking (CIB) relationships with aggregate debt exposure greater than $15MM. These relationships involve complex, syndicated, and highly valued credits.
Team members will have exposure and knowledge of senior debt markets and broader capital markets including credit underwriting, structuring, negotiation, syndicated/ complex credits, and cross-selling opportunities. Formal credit or commercial loan training is a plus. Candidates must possess superior verbal, written, and organizational skills. Individuals must be able to prioritize tasks demonstrating both management skills and ability to achieve communicated deadlines. High integrity and respect for confidentiality are invaluable. Excellent computer skills in Windows, understanding of business and personal financial statements, good phone and presentation skills required.
Responsibilities
- Structure credit to market (asset quality and competitiveness balanced).
- Conduct financial modeling (projections for term debt and transactions).
- Underwrite credit (new / renewals / modifications).
- Gain credit approval (with Client Manager or Relationship Manager as sponsor).
- Complete due diligence.
- Negotiate credit (with Client Manager or Relationship Manager involved as needed).
- Reviewing closing documents and ensuring proper booking of transactions.
- Monitor financial statements, borrowing base, covenant compliance, exception management overdrafts and ACH approvals.
- Contribute to client planning sessions.
- Work with Client Managers or Relationship Managers to structure idea pitches.
- With Client Manager or Relationship Manager, perform relationship reviews to determine appropriateness and competitiveness of credit package.
- Train Credit Products associates, as instructed by Credit Products Officer or Manager.
- Identify cross-sell opportunities.
- Call on key clients and prospects as necessary and in concert with the Client Strategy.
- Travel as necessary.
Education/Experience
- This position requires a bachelor’s degree in business administration with emphasis in management, accounting, finance, or a related field. Work experience may substitute for education requirement.
- 3-5 years of experience in Credit/Underwriting required.
Lic/Cert/Reg
- Required – None Required.
- Preferred – None Preferred.
BBVA
Birmingham, AL
BBVA is a global company with over 160 years of history operating in more than 30 countries where we provide services to more than 79 million customers. We are more than 125,000 professionals working in multidisciplinary and diverse teams that include financial and legal experts, data scientists, developers, engineers, and designers.
At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier for our customers.
BBVA USA Bancshares, Inc. is a Sunbelt-based bank holding company whose principal subsidiary, BBVA, operates 649 branches, including 336 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. BBVA ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th).
BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. BBVA's mobile app earned the 2019 Javelin Mobile Banking Leader award for functionality for the sixth consecutive year in Javelin Strategy & Research's Mobile Banking Financial Institution Scorecard.
What We Stand For
BBVA understands that every individual and company has unique dreams and ambitions, needs and wants. We realize that few take the same path in the faster, busier, and more complex world we live in. We get it. Whichever path you choose, and whenever you need us, we want to create opportunities for your next steps. From the smallest moment, to the largest personal or professional life event, BBVA is there for you.
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IndustryBanking/Financial Services
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No. of Employees125,000+
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Website
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Jobs Posted112
