Sr. Credit Officer II

Location: San Diego, CA

BE PART OF A BANK LIKE NO OTHER.

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.


Job Description

Responsible for credit quality and credit management of assigned loan portfolio; credit oversight of new loan business; credit approvals within delegated authority; credit underwriting guidance, and collaboration with relationship leadership on broader strategic goals, risk appetite, credit strategy, and credit quality goals. SCO is responsible for enabling loan growth and maintaining good credit quality. 

Essential Functions

% of Time

Reviewing credit approval memoranda:  Assess risk rating, accuracy of terms and conditions, risk/return, analyze adequacy of repayment sources, ensure that key risks are highlighted and ensure adherence to Underwriting/Regulatory Guidelines. 

20%

Meeting with Relationship Management and Credit Solutions to evaluate new loan opportunities and changes to existing loans: Assess whether opportunity makes strategic and economic sense for SVB, understand qualitative and quantitative factors, decide if risk is acceptable and identify areas for additional due diligence.

40%

Monthly portfolio reviews with each assigned team: Review every loan relationship in my assigned portfolios, with emphasis on risk rating, performance/liquidity trends, and compliance with loan covenants and reporting requirements.

5%

Coach relationship managers in underwriting, portfolio management, negotiation, and positioning of solutions.  Develop expertise in assigned sector(s) to help guide coaching and mentoring. 

10%

Internal Meetings with Credit Solutions, Loan Administration, Credit Administration, Audit/Legal/ Compliance and other functions groups.

15%

Lead or contribute to important SVB initiatives (lending strategy, product strategy, controls, process improvements, people development, etc) representing Loan Administration as expert.  

10%

Decisions

Approve new loans or changes to existing loans up to delegated threshold given risk level.

Approve minor changes to loans above these thresholds, or present request to the appropriate approver if material.

Pre-screen loan opportunities and potential modifications with the relationship team, so that the likelihood of approval is high prior to delivering a proposal to the client.

Recommendations

For loans or modifications that are outside of delegated approval authority, sponsor the request and present it to the Credit Risk Manager or to appropriate other approval bodies (2LOD, etc).  .

Knowledge

Broad knowledge of Consumer Credit underwriting and loan structuring, with particular emphasis on Mortgage, Securities Backed and other custom lending. Understanding of the venture capital industry and innovation economy.

Skills

Multi-tasking, ability to condense large amounts of information into key decision points, pattern recognition, ability to balance client satisfaction with credit risk management, ability to find a compromise among competing interests within the bank, display leadership through indirect management, ability to work independently.

Competencies

High level of working independently.

Required Education and Experience

10+ years' experience, including management of a lending team with demonstrated success in both sales and portfolio management.

Preferred Education and Experience

MBA preferred

Travel

Travel may be occasionally required

Physical Demands

The employee must have the ability to use a computer keyboard, mouse, calculator, copier/fax machine, scanner and telephone. While performing the duties of this job, the employee is regularly required to talk and hear.  Employee must have close visual acuity to perform an activity such as: reviewing and analyzing information; transcribing; and/or viewing a computer screen. Employee may be required to make quick decisions as to when to escalate or directly address a situation, as well as handle the stress of such situations.  The work environment is indoors with a majority of time spent sitting at a desk.

For nearly forty years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group's businesses, including Silicon Valley Bank, offer commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world.

(TM) 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

SVB Financial Group is an equal opportunity employer.

At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

Posted
09/10/2021
Location
San Diego, CA 92101, US