Svp, Senior Credit Officer

Avidbank is a $2.1 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond.  We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients’ expectations.

Founded in 2003, we specialize in commercial & industrial lending, technology and asset-based lending, specialty finance, real estate construction and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco.

Title of position: SVP, Senior Credit Officer

Position type: Full-time

Pay range: $160,000 - $250,000

Division: Credit Department

Work Location Type: Office Hybrid

Location: San Francisco Bay Area

The Role

The position requires attention to detail, independence and decisiveness combined with the ability to prioritize and operate in a multitasked and geographically dispersed environment.  Responsibilities include approval of larger and more complex credit Commercial Real Estate and Construction transactions; ensure compliance with Credit Policy; daily and weekly approvals of significant and insignificant credit amendments and waivers for the assigned portfolio. The individual determines the feasibility of granting credit for diverse types of loans, makes recommendations on structure, and covenants so as not to expose the bank to undue credit risk. This position requires excellent interpersonal and communication skills due to the high level of contact with lenders, senior management, existing customers, and regulators.

Job Responsibilities

Essential

• Review and approve loan requests within assigned approval authority
• Review and recommend loan requests exceeding assigned approval authority
• Maintains the credit quality of the loan portfolio assigned for supervision
• Ensure that the risk grading of individual loans are accurate and timely
• Provide technical advice, guidance and assistance to lenders in structuring of individual transactions
• Ensures all portfolio reporting (i.e. CLR, Term Loan Reviews etc.) are completed in a judicious fashion
• Proactive and timely monitoring and management of delinquent loans
• Identify problem loans and make recommendations to ensure a rapid resolution
• Ensure the quality of loan presentations as to accuracy and completeness
• Make joint calls on existing clients as needed
• Serves on and is a voting member of the Officers Loan committee

Supplementary

• Contribute ideas concerning bank strategy, compliance and regulatory risk management
• Provide technical advice to the note and operation departments on approvals and documentation
• Provide training of the credit analysts and lenders as needed
• Contributes ideas to management and the Board’s Credit Committee concerning the credit function
• On an as needed basis, design and develop forms and loan policy for Credit Administration
• Follow for adherence to approved bank policies, procedures and regulatory requirements
• Assist in management of the credit reviews performed by internal and regulatory examiners
• Assist in managing troubled assets and potential troubled assets
• Develop knowledge of the financial industry, economy and market conditions

This position description is not intended to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time, with or without notice.

Core Competencies

• Computer proficiency and advanced skill set in Microsoft Excel and Word
• Excellent verbal and written communications skills
• Highly proficient at analyzing complex financial statements and tax returns
• Ability to develop relationships throughout the bank as well with regulators and bank accountants
• Strong analytical proficiencies with excellent problem solving skills
• Working knowledge of the organization’s core operating system
• Ability to work efficiently and accurately ensuring all deadlines are met
• Extensive knowledge of all phases of commercial, ABL, construction and real estate lending

Preferred Experience and Knowledge

• Sound experience of at least 10 years with a leading organization
• Solid service or relationship management experience

Benefits

Avidbank offers full time employees competitive compensation, medical, dental, vision, life insurance, long term disability insurance, 401k with matching, paid holidays and a competitive paid time off policy.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

Avidbank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We are an AA/EEO/Veterans/Disabled employer.