Bank of the West CRES Principal SCO in San Ramon, California
CRES Principal SCO
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
In CRES, our mission is to serve our clients and communities with the:
Best home lending product values on the market
Leading digital capabilities
Service that builds lasting relationships
The CRES Principal SCO is responsible for facilitating and supporting the bank's objectives to increase earning assets while maintaining quality standards by approving or declining consumer real estate loans, and HELOCs, and by working closely with assigned units to negotiate and approve credit arrangements. Lending authority is generally $1-$4 million. Generally supports more than one geographical area and/or functional specialty.
Essential Job Functions
Facilitates consumer real estate loan originations by approving loans through a 4 eyes process.
Reinforces adherence to bank underwriting policies and procedures and growth, quality and profit objectives through the loan approval process.
Implements and reinforces policies and procedures to comply with fundamental business and credit priorities of Bank of the West. .
Assists in monitoring compliance with internal and regulatory requirements.
Analyzes pertinent financial and credit data and makes final credit decisions (approval or declination) within signing authority. Recommends to higher level of authority if appropriate.
Interacts with internal and external auditors on regulatory issues of quality and on related trends.
Assists in identifying and managing troubled assets and potential troubled assets in assigned area.
Other Job Duties
Provides guidance to underwriters as applicable on identification of credit issues on loans originated.
Follows real estate lending manual in approving loans and lines
Performs reviews of specific portfolio composition and quality as assigned.
Interacts with line units and service centers, operations, accounting, appraisal, legal and other related bank personnel.
Keeps informed of competitors’ rates and loan programs and recommends appropriate changes to current bank programs and rates
Requires highest knowledge and mastery of multiple job areas typically obtained through advanced education combined with experience.
Viewed as the leading expert and/or resource within the field by peers within and outside the organization.
Requires 12 years minimum prior relevant experience.
- Bachelor's Degree required
Thorough knowledge of consumer real estate lending policies, practices, documentation, and legal and regulatory requirements.
Thorough knowledge of financial statement, business, industry and economic analysis.
Analytical and research.
Bank product and service knowledge.
Verbal and written communication.
Use personal computer.
Planning and organizing.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Job: Risk Management
Location: United States-California-San Ramon
Other Locations: United States-Nebraska-Omaha, United States-Arizona-Tempe
Requisition ID: 053381