Deputy Credit Officer - Structured ProductsThe Deputy Credit Officer job oversees several credit departments lead by managers that are responsible for the execution of credit initiatives involving complex structured loan products to protect the organization's assets and ensure efficiency in the credit granting process. The role includes oversight of these activities to ensure they are aligned with the Bank's stated risk appetite. The role will have substantial single signature credit authority to approve such transactions. The role is responsible for partnering with the department managers to support the continuous refinement of various credit policies, credit scoring models and related tools which support and guide these business units. Includes supervision and adjudication of new product offerings suggested by the supported line of business. Significant interaction with various Bank regulatory authorities and is expected to play a leadership role in responding to regulatory inquiries and reviews.Key Responsibilities and Duties
Oversees credit activities and decisions for multiple lines of business within the Bank.
Ensures compliance with the organization's credit policy and develops processes and scoring models for negotiating loan terms and assessing client risk.
Defines processes and strategy for approving loan requests, calculating interest rates, and evaluating credit worthiness.
Formulates policies for monitoring customer payments, maintaining records, and following up with clients regarding loan payments and related financial products and services.
Develops relationships with other internal leaders to identify key risk areas for the organization and evaluates and quantifies their potential impact.
Champions solutions, improvements and best practices to increase operational efficiency and lower the operating costs of the credit department.
Monitors competitors and peer organizations to stay abreast of emerging trends in the industry and uses this information to secure the competitive position of the organization.
Manages performance of direct reports through regular, timely feedback as well as the formal performance review process to ensure the delivery of credit objectives and the engagement, motivation and development of the team.
Educational Requirements
University (Degree) Preferred
Work Experience
8+ Years Required; 10+ Years Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level10PLPreferred Qualifications
10+ years of commercial credit experience
Experience with structured finance
Experience with significant credit approval authority
Tenured regulatory experience and working with regulators
Reserves modeling / ACL experience
Prior management experience
Prior accounting experience / coursework / training
Posting End Date: 4/27/24#LI-CE1#LI-REMOTECompany SummaryEverBank provides nationwide banking services to consumer and commercial clients through a variety of channels, including online and mobile applications, as well as its Florida-based financial centers.VEVRAA Federal ContractorBenefits SummaryEverBank is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. EverBank strives to pay wages competitive with those prevailing in our geographic areas and industry.EverBank's Total Rewards package includes superior benefits such as, health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.EverBank prohibits pay discrimination on the basis of any protected characteristic.EverBank may require a background check as a condition of employment. Qualified applicants with arrest and/or conviction records will be considered in accordance with applicable federal, state, and local laws and regulations, including, but not limited to, any laws and regulations specifically pertaining to banks and federal contractors.EverBank seeks priority referrals of protected veterans for jobs at all locations within the state.Pay Range $300,000 to $400,000EEO StatementEverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status.We will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by us, or (c) consistent with our legal duty to furnish information.Machine Readable FilesThe Transparency in Coverage Final Rules require certain group health plans to disclose on a public website information regarding in-network provider rates and historical out-of-network allowed amounts and billed charges for covered items and services in two separate machine-readable files (MRFs). The MRFs for the benefit package options under are linked below:Machine Readable Files (MRFs) - Aetna
