Principal – Centralized Commercial Credit

This is a fully remote position, open to applicants in Maryland, +1 more state.

📋 Description

• Analyze intricate business loan applications and conduct independent credit assessments.

• Evaluate the financial status of borrowers, including management, operations, loan structure, and overall credit risk.

• Assess risk, design credit solutions, and either recommend, approve, or decline credit applications within set lending authority.

• Oversee a designated portfolio through continuous monitoring, risk assessment, portfolio analysis, client credit solution development, and addressing emerging credit issues.

• Collaborate with Relationship Managers, sales teams, and credit leadership to meet business goals and tackle complex credit challenges.

• Ensure the prompt completion of loan applications and portfolio management tasks.

• Offer subject matter expertise, guidance, and review support to junior credit professionals.

• Assist in credit evaluations, loan decisions, and approval consensus when appropriate.

• Comply with relevant laws, regulations, policies, procedures, and mandatory training.

• Stay updated on regulatory and credit-related changes.

• Manage significant projects or processes with minimal supervision.

• Mentor, review, and delegate tasks to junior professionals.

⛳️ Requirements

• A Bachelor’s Degree is mandatory; a suitable combination of education and experience may be accepted.

• Generally requires 6–8+ years of relevant experience.

• Profound understanding of the job area.

• Capability to analyze complex business loan requests and conduct independent credit evaluations.

• Familiarity with borrower financial status, management, operations, loan structure, and overall credit risk.

• Competence in evaluating risk, structuring credit solutions, and recommending, approving, or declining credit applications in line with lending authority, credit policy, and business requirements.

• Knowledgeable in portfolio monitoring, risk rating, portfolio analysis, client credit solution development, and addressing emerging credit issues.

• Awareness of applicable laws, regulations, policies, procedures, and required training.

• Ability to remain informed about regulatory and credit-related developments.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability coverage.

• Paid time off.

• Retirement savings through a 401(k) plan.

• Wellness resources.

• Additional programs aimed at enhancing teammates' health and financial welfare.

• Incentive compensation, bonuses, or other variable compensation may be available for specific positions, subject to applicable plans and performance criteria.