Commercial Credit Approval Officer
On-site · Brockton, Massachusetts, United States
Job Summary
Underwrite and decision commercial loan proposals within assigned lending authority, applying underwriting guidelines and prudent risk judgment. Collaborate with front-line colleagues and customers to obtain necessary documents, structure loan proposals, and assess credit risk. Proactively utilize credit policies, justify exceptions within risk tolerance, and counter-offer relevant credit enhancements (e.g., SBA guarantees) as needed. Mentor junior credit colleagues and support the underwriting manager while contributing to process improvements and regulatory compliance. Build strong partnerships across front-line and back-office teams, participate in audits and regulatory reviews, and drive opportunities to strengthen customer relationships through cross-sell strategies. Maintains awareness of banking regulations and credit policies to ensure compliant actions and effective loan portfolio management.
Required Qualifications
- Bachelor's degree in Accounting and/or Finance
- 6+ years of experience in financial analysis/business lending
- 4+ years with credit approval authority
- Formal credit training preferred
- Strong knowledge of available credit enhancements including SBA and Capital Access
- Deep understanding of lending related compliance and regulatory issues
- Thorough understanding of the legal documentation requirements for basic business loans
- Experience developing credit policies, guidelines, and/or processes beneficial
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