Senior Credit Examiner

The Credit Examiner is responsible for performing systematic reviews of the Bank's loan portfolio to assess the accuracy and effectiveness of management's credit risk monitoring mechanisms. This position will assist in providing timely, accurate, and independent information to the Board of Directors and senior management relating to the credit quality of the loan portfolio.

Essential Functions

• Evaluates individual loans to ensure that acceptable credit standards are maintained and that the loans conform to established policies and prudent lending practices.
• Evaluates the overall credit-worthiness and repayment capacity of loan customers, including the determination that sufficient information has been obtained by the lending staff to make an informed credit decision.
• Ensures credits are properly structured and accurately risk graded by the lending officers.
• Determines that credits are being properly administered in accordance with credit approval authorizations, loan agreements, and client borrowing plans.
• Ensures loan collateral is properly perfected, valued, and documented in order to protect the Bank from intervening third-party creditors.
• Evaluates compliance with all applicable legal and regulatory requirements.
• Reviews problem loans to determine that lenders are identifying credit risks on a timely basis and administering problem accounts in accordance with established policies (e.g., adjusting risk grades, using problem loan checklists, generating accurate watchlist reports, etc.).
• Maintains the credit examination/loan review exceptions database, which is used by team leaders, credit administration, senior management, and the board to track significant credit risk trends and to monitor officer lending practices (e.g., compliance with standards of performance, identify coaching opportunities, etc.).
• Coordinates schedules and oversees the execution of special projects and examinations as directed by the Manager of Credit Examination.
• Works closely with Lending Division Team Leaders and Department Managers to document and communicate findings.
• Assists in providing selected training to lending personnel and staff or lower-level auditors.
• Assists, as requested, lending divisions in improving their credit granting practices.
• Perform compliance and risk management duties as required or assigned.
• Regular, reliable attendance required.

Qualifications

• College degree or equivalent experience in Business, Finance or Administration or equivalent work experience.
• 8+ years of commercial lending or credit examination experience is preferred.
• Able to exercise discretion and maintain confidentiality.
• Able to handle multiple projects simultaneously utilizing planning and organizational skills while maintaining a professional and mature demeanor.
• Able to prepare factual, organized, well written memorandums, and workpapers.
• Strong knowledge of generally accepted accounting principles and business law theory.
• Strong knowledge of federal and state regulatory compliance issues related to credit underwriting and loan administration.
• Strong analytical, statistical, and mathematical skills.
• Experience with multi products, geographies and transaction complexity.
• Strong knowledge of Article 9 of the Uniform Commercial Code, bankruptcy law, and proper collateral perfection procedures.
• Demonstrated practical knowledge of federal and state regulatory compliance issues related to credit underwriting and loan administration.
• Demonstrated ability to identify material credit risk issues quickly and make independent and timely decisions.
• High degree of PC based technical skills, including proficiency with the Microsoft Suite of products.

Compensation: $85,729 - $128,648

The compensation range represents the low and high end of the base compensation range for this position located in Spokane, Washington. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. This position is also eligible to participate in an applicable annual bonus and incentive compensation plan.

What Our Culture Can Offer You:

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

Washington Trust Bank celebrates diversity in the workplace and actively recruits talent to help reflect the unique communities where we live and work. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race, religion, sex, gender identity, sexual orientation, national origin, age, pregnancy, disability, genetic information and any other protected characteristics outlined by state, federal and local laws. We believe strength comes from the diverse backgrounds and experiences of our team, and we are dedicated to fostering a supportive and inclusive work environment.