PREMIER
Senior Credit Officer
Sioux Falls, SD · Senior · Full-time
Sponsorship not specifiedDetected 31 days ago
ComplianceLoad TestingEpicLeadershipUnderwriting
About the role
- Provide portfolio oversight and guidance related to credit administration, underwriting, credit analysis, documentation, covenant tracking, and exception reporting.
- Serve as an approval authority within established credit limits and ensure consistent application of underwriting standards across all lending lines (commercial, commercial real estate, agricultural, small business, and consumer).
- Oversee portfolio risk metrics, including concentrations, stress testing, risk ratings, and criticized/classified assets.
Responsibilities
- Develop, recommend, implement, and maintain the bank's credit risk appetite, policies, and procedures.
- Collaborate with lending teams to balance growth objectives with prudent risk management.
- Provide guidance and support to the Collections Manager responsible for retail and indirect loans, ensuring the collections team meets established objectives.
- Monitor and support higher-risk loans and overdraft activity, assess associated risks, and take action to mitigate potential losses.
Requirements
- Ability to analyze financial data, assess risk, and make informed decisions regarding loan applications, performance monitoring, and post-mortem reviews.
- Effective communicator with the ability to negotiate loan terms, conduct meetings, and provide training, ensuring clear and concise messaging of expectations and outcomes.
- Strong understanding of financial principles, loan products, and market trends to manage loan portfolios.
Skills
- Deep understanding of credit risk management, loan policy, underwriting standards, and portfolio analytics.
- Strong knowledge of applicable regulations and compliance requirements to ensure adherence to legal standards.
- Bachelor's degree in finance, credit, or a related field preferred.
- Master's degree preferred.
- Proficient in loan processes, financial statement analysis, and commercial/agricultural underwriting.
- Full medical benefits when working 20+ hours per week
- Traditional and High Deductible health plan options available
- FREE dental and vision coverage
- Generous Paid Time Off plans
Compensation
- 401(k) – dollar-for-dollar match up to 5% of total compensation
Benefits
- At First PREMIER Bank and PREMIER Bankcard, we've created a culture that emphasizes personal success, respect, health, and wellness, fun and giving back.
- We offer a robust and expanded package of health benefits, incentives, paid time off and growth and career advancement opportunities.
Company info
- First PREMIER Bank
- About the Role
- The Senior Credit Officer supports oversight of credit quality and risk management for the bank's loan portfolio by promoting sound underwriting, regulatory compliance, and alignment with strategic objectives.
- The role monitors loan portfolio performance, conducts credit reviews, facilitates training to strengthen loan management practices, provides leadership and oversight of the collections function, supports the management of problem loans, and assists the Chief Credit Officer with a variety of credit-related initiatives.
- Job Duties and Responsibilities
- Essential duties and responsibilities include the following.
- Other duties may be assigned.
- Serve as liaison with regulators and participate in regulatory examinations and audits.
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This listing is sourced directly from PREMIER's careers page and normalized into a canonical job model.