Senior Manager, Credit Department

First Merchants is seeking a Senior Manager, Credit Department to join our team! This person will be responsible for a team who perform credit analysis, underwriting and monitoring of a designated commercial loan portfolio, as well as administration within the department. They will provide oversight of a Senior Credit Analyst and their designated Credit Analysts.

As part of this role you will:

• Manage staff, includes interview, hire, train and mentor, evaluate performance, recommend salary adjustments and career changes, recommend disciplinary counseling and terminations. Monitor and mentor the Senior Credit Analyst job performance and completion of required duties and responsibilities of their assigned Credit Analysts.
• Provide leadership of the credit analysis function for the assigned credit analysts, including:
  
  
  
  • Conduct training for the credit analysts assigned to supplement corporate training in all required areas including cash flow analysis, credit decision summary preparation, and credit processes.
  • Conduct review of the credit decision summary packages for accuracy and completeness for Credit Analyst I's and others as needed.
  • Manage workflow of the assigned credit analysts to completion within expected
    timeframes.
  
  
  
  
• Manage completion of all credit monitoring functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
• Manage data integrity for call and NAICS codes and risk grade and risk rating score accuracy.
• Manage the ordering and review of appraisals and completion of real estate evaluations.
• Manage SAM (special assets management) credit process for designated portfolio including PLU data quality, attending SAM meetings and monitoring risk grade and risk rating score changes.
• Monitor loan review and audit communications to provide timely response to findings.
• Conduct routine department meetings and maximize engagement of the team.
• Participate in the development and delivery of corporate training for credit analysts.
• Participate in loan committees where assigned analyst's credit decision summaries are being presented.
• Participate in credit initiatives as assigned.

To be successful in this position, we require the following:

• Bachelor's degree in accounting, finance or business.
• Six (6) years of related analytical experience; One (1) year managing others.

The following would be a plus:

• Master's degree in business administration (MBA)
• Prior experience in credit department management.

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!