ALC Field Examiner I

Our credit administration team is the backbone of our bank's financial stability. They expertly navigate the intricacies of credit risk management, maintaining the highest standards of our loan portfolio with a disciplined approach. By safeguarding asset quality and curbing credit losses, this dynamic team is pivotal in driving the bank's success and achieving our overarching goals.

The ALC Field Examiner I is primarily responsible for conducting field exams/inspections and reporting on the borrowing base assets of borrower or prospective borrower. Field exams are conducted on site, reviewing and analyzing support information such as financial statements, procedures and policies, physical inspection of the inventory, verifying randomly selected receivable and payable invoices. The exam also includes verifying internal financial controls, management awareness and controls; prepares reports on individual credits and proposed credit arrangements, citing exceptions and/or irregularities; makes recommendations based on information obtained from the customer, loan officer. The exam makes specific recommendations to correct areas determined to be substandard or non-compliant with policy; assists customer with borrowing base issues and loan structure; reports out of compliance issues and documents exceptions. The exam also serves to ensure the Bank has a valid security interest in assets assigned as collateral and to validate the quality of those assets, in order to mitigate losses.

Our team thrives on precision, integrity, and collaboration. We prioritize proactive risk management and teamwork, creating a supportive environment for professional and personal growth. This meticulous and collaborative approach ensures high standards of performance and reliability in every aspect of our work.

• You will conduct field exams and inspections, coordinating with Relationship Managers and borrowers to assess collateral and financial documentation.
• You will review and analyze borrower financials, including balance sheets, income statements, and inventory, to identify risks and anomalies.
• You will prepare detailed reports comparing borrower practices to GAAP, highlighting exceptions and making recommendations to internal stakeholders.
• You will train customers on reporting requirements and borrowing base guidelines to ensure compliance before loan advances or modifications.
• You will collaborate with underwriting and credit teams to resolve documentation issues and ensure alignment with loan agreements.
• You will support monthly reporting analysis, recommend audit improvements, and contribute to special projects and policy development.

This level of knowledge is normally acquired through completion of a Bachelor's Degree in Finance or Accounting and 1-2 years of asset lending control experience OR equivalent work experience of 4-6 years in closely related field.

• Thorough knowledge of accounting, credit and collateral documentation.
• Working knowledge and understanding of commercial lending policy and procedures.
• Good analytical and research skills needed to read and interpret financial data obtained from customers and through field audits.
• Working knowledge of business operational procedures, i.e., accounts receivable, payable, and inventory control.
• Good knowledge and understanding of commercial lending policy and procedures.
• Excellent oral and written communications skills.
• Excellent PC and spreadsheet software skills.