Credit Products Job Description
Credit products
provides education and guidance to the team by communicating with the SBA Loan Center and Credit Risk Management to ensure that SBA loan submissions adhere to SBA program standard operating procedures, SBA Division, and bank credit policy guidelines, regulatory specifications, and documentation requirements.
Credit Products Duties & Responsibilities
To write an effective credit products job description, begin by listing detailed duties, responsibilities and expectations. We have included credit products job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensuring continued alignment of the annual review process within the Wealth Management International business and risk strategies, policies and procedures
Develops and maintains strong cross functional partnerships with Market Executives, Treasury Solutions Managers, Risk Management and others to ensure that strategic business objectives for the market are realized
Assist with completion of risk assessment, BRR worksheets, and ROE calculators
Assist business units with the development of specific credit related initiatives
Create and maintain a culture of consistency in analysis, presentation and pricing of credit
Manage credit related development projects with specific responsibility for the oversight of Credit Administration and Transaction Management framework
Provide advice on the structuring, pricing, documenting and delivery of loan/credit products in respect of specific transactions
Act as interface between credit distribution and Group Risk Management on matters relating to lending values and information about Securities Based Lending
Respond in a professional manner to incoming telephone calls, and monitor and respond to incoming email and voicemails
Anticipate potential analytics opportunities based on external factors, , legislative or economic changes, evolving consumer needs, competitive environment
Credit Products Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Products
List any licenses or certifications required by the position: CFA, FRM, CMA
Education for Credit Products
Typically a job would require a certain level of education.
Employers hiring for the credit products job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Business, Accounting, Management, Communication, Financial Analysis, Technical, MBA, Business/Administration, Design
Skills for Credit Products
Desired skills for credit products include:
Credit risk management policy
Insures compliance with internal bank commercial loan policy
Microsoft Office
Job area typically obtained through advanced education combined with experience
External regulatory requirements
External regulatory requirements documents any exceptions to policy and provides related rationale/mitigants
Documents any exceptions to policy and related rationale/risk mitigation
Loan pricing and structural trends to match client needs with Regions’ credit product solutions
Procedures
Loan pricing and structural trends to match client needs with Regions’ debt product solutions
Desired experience for credit products includes:
Taking a lead role in governance activities, , further enhancing PMO disciplines, quality assurance, data management
Advancing the client relationship
Market, structure and execute industry specific transactions and solutions across a range of cash, derivative, and funding products
Develop and present marketing material to clients and internal trading, banking, and sales teams
Create and maintain transaction models
Research and assess the impact of accounting and regulatory issues on client portfolios and proposed transactions
Credit Products Examples
1
Credit Products Job Description
Job Description Example
Our growing company is looking to fill the role of credit products. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit products
- Take detailed notes during line reviews with Design
- Review and direct control evaluation
- Continue to update awareness of risk issues and changes across relevant business units
- Identify, assess and document risks and controls
- Build strong relationships and mutual trust with all internal colleagues and external stakeholders
- Responsible for the maintenance of high quality risk profile of the portfolio
- Raise the technical knowledge of the group through various courses, seminars and in-house training in the areas of Personal Financing Products, Consumer Credit, Operations & Service Delivery, Operations and AML and related risk management framework, compliance and audit techniques
- Back up for primary Senior Relationship Manager
- Monitor and analyze market trends, movements, and impact on the portfolio
- Play a role in the development and build-out of the risk management process and infrastructure supporting CTC (CIO, Treasury and Corporate) LOBs globally
Qualifications for credit products
- Excel-based financial modeling experience, with a demonstrated ability to build basic corporate and/or securitization models for valuation purposes
- Extensive track record and relevant banking experience with past roles including credit marketing, structuring and client facing experience at a relatively senior level being mandatory requirements for this position
- You are responsible for a suite of products within a specific portfolio
- Minimum of ten years proven and progressive retail credit experience or equivalent, including a minimum of four years proven senior management experience or equivalent
- Demonstrated sales acumen by having successfully carried a senior sales position
- Strong managerial, planning, analytical, statistical, decision making, presentation, communication and lateral thinking skills
2
Credit Products Job Description
Job Description Example
Our company is growing rapidly and is hiring for a credit products. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit products
- Ownership of the annual review procedure aimed at documenting and ensuring efficiency of annual review completion
- Highlight and escalate any credit writing deficiencies noted upon completion of annual reviews and make proposals to avoid such deficiencies going forward
- Liaise with auditors (internal and external) and compliance representatives in routine reviews of files and annual reviews
- Work with Credit Origination Specialists to ensure appropriate documentation of follow up correspondence with clients where breaches have been identified as a result of annual reviews
- Build and execute the delivery of credit marketing strategies throughout the WMI business, develop credit referrals, create viable and appropriate structural credit solutions, and negotiate pricing, terms and other conditions
- Manage risk/reward, pricing of transactions, ROE, and profitability of transactions
- Assist in the Credit department’s business development activities, and the development of policy and credit products to meet the needs of clients and the business
- Support the growth and development of the credit book and ensure the appropriate documenting of all credit facilities as per guidelines and approvals
- Deliver internal credit correspondence, including eTRs, the ongoing risk analysis of the borrower and the transaction, BRR assessment and credit recommendation
- Ensure transactions remain within approval guidelines, maintaining high quality risk profiles and performing portfolio reviews and reporting
Qualifications for credit products
- Proven track record of communicating effectively internally within the organization and with customer groups
- In-depth knowledge of the mortgage and retail credit industry including the applicable regulations and guidelines within
- Thorough understanding of customer segmentation and management techniques
- 10-12 years of proven experience in the affluent product management, partnership development or asset procurement and management space
- Entertainment or travel industry experience an asset
- Major in marketing is a plus
3
Credit Products Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of credit products. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit products
- Work actively with senior Credit officers in the unit to ensure that workflow is managed well, and undertake responsibilities in accordance with UK FCA Principle of Treating Customers Fairly (TCF)
- Assist the Credit department in its business development activities, including client visits
- Revenue and Asset growth in line with personal targets and/or targets set by immediate supervisor or Head of Region
- Distribution channel/Business Head/GRM feedback on delivery of credit products in line with core values
- Maintenance of portfolio quality (BRR migration)
- Losses contained within acceptable parameters
- Clean internal/external audits
- Manage and maintain a pipeline of loan transactions
- Coordinate across internal teams to ensure successful execution and closing of loan transactions (new deals, refinancing and amendments.)
- Review, understand and interpret legal loan documentation for operational viability, highlighting all operational risks
Qualifications for credit products
- Experience with FICC products focused on structured products and/or derivatives
- Minimum 5 years of experience in a lending product management role, with a focus on lending policy and/or experience working with or within retail risk management
- Strong desire to learn all aspects of core lending products (eg loans and trade finance)
- Relevant experience in credit documentation and deal coordination processes will be an added advantage
- Team player and partnership skills
- Coordination of legal documentation across all lending products
4
Credit Products Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of credit products. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit products
- Remain up to date with Accounting and Risk policies
- Lead model review for credit products
- Independently review, analyze and test models used for pricing and risk management of credit products
- Lead regulatory engagements
- Ensures that the group provides timely and accurate analytical support for assigned DPO teams
- Utilizes established performance metrics to monitor productivity and efficiency of the group
- Minimum of 7 years’ extensive commercial experience with a strong understanding of Business and/or Corporate credit market dynamics and customer needs
- Proven track record of leading, motivating and managing a team
- Proven experience in the delivery of results, solving for business problems to support the delivery of sustained profit performance
- Experience in internal stakeholder management
Qualifications for credit products
- Coordinate deployment of client-facing systems & technology, support system demonstrations, training, and set up for SCF clients
- Support enrolment of new vendors and manage existing vendor portfolio to increase program utilization
- Assist to manage vendor issues and resolution of complaints in a professional manner
- Support tracking and reporting on SCF portfolio
- Support Trade Sales in obtaining client information and supporting documents required for KYC process and follow-up with WCOB & GCB Banker
- Complement Trade Sales on client enquiries
5
Credit Products Job Description
Job Description Example
Our company is searching for experienced candidates for the position of credit products. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit products
- Lead and develop new credit products, services, and strategies in conjunction with other areas of the
- Reduce product cost, while maintaining acceptable asset quality and cost of credit characteristics
- Develop strong product support for Branch partners
- Work with the Directors, Credit Products, to further develop and execute the delivery of credit marketing strategies throughout the WM-UK business
- Participate in credit training sessions for client facing professionals and marketing events
- Conduct credit analysis and research on the performance of C&I borrowers to assess historical performance and future projections
- Conduct annual reviews (including handling a variety of system and procedural issues related to the borrowers such as internal grading, and other ad hoc projects) and manage the annual review process of the LFG’s loan portfolio
- Draft pre-screen memos and present transactions to the Credit Department
- Assist Vice Presidents in preparing client marketing materials, counterparty due diligence, market research, as needed
- Provide guidance to the Analyst staff
Qualifications for credit products
- Understanding of Traded Credit Products
- Excellent communication skills – ability to discuss and escalate technical and financial issues with global counterparts
- Detail focused, numerically literate
- Strong analytical skills, demonstrating sound decision making abilities to identify problems and propose solutions
- Exhibit the initiative to raise issues to business partners and management when needed
- Ability to identify change and improve daily processes