Now Hiring - Professional Services MidFirst Business Credit - Senior Account Executive in Alpharetta, GA

MidFirst Business Credit, Inc. (a wholly owned, subsidiary of MidFirst Bank) is a nationwide, asset‐based commercial lender that provides working capital lines of credit and term loans to companies with revenues generally between $10 million to $200 million. Reporting to the President of MFBC, the Senior Account Executive will be responsible for the overall management and supervision of a portfolio of asset based lending relationships.

POSITION SUMMARY

The Account Executive serves as the primary contact with portfolio clients, monitoring financial and collateral trends to continually verify the performance and quality of assigned loans. Periodic travel is required. Principal responsibilities include:

• Effectively monitoring collateral performance and trend information. Develop strategies to address deteriorating trends. Provide written assessments, risk grade reviews, and reports on assigned loan portfolio.
• Have direct interaction within the closing process of new deals destined to be part of the portfolio.
• Continually monitor the compliance with all aspects of Loan Agreements and promptly identify deteriorating situations and instances of default in a timely manner.
• Ability to formulate strategies and implement ongoing as well as corrective measures on stressed/distressed loans.
• Proficient knowledge of credit policies and documentation.
• Proactive negotiation and development of strategies, both depository and lending, on renewals, extensions, modifications, waivers, and new credit requests. Prepare and present transactions to approval authorities.
• Responsible for closing transactions in a timely, effective manner keeping in mind both customer and MidFirst Business Credit objectives. Includes field exam, appraisal, underwriting, and legal documentation process.
• Interact with personnel and representatives from credit, loan administration, appraisal, treasury management, management, loan review, and internal/external legal resources.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. Adheres to all State and Federal Banking Regulations.
• Perform other related work duties as assigned.

• Minimum of ten (10) years’ experience in credit analysis, commercial banking, and/or risk management in an asset based lending environment.
• Proficient knowledge of financial analysis trends and loan structure.
• Minimum of a Bachelor’s degree in a related field. Graduate degree and/or germane certification(s) a plus.
• Excellent analytical, verbal, and written communication skills.
• Working knowledge of commercial law and contracts. Demonstrated ability to read, interpret and negotiate complex attorney prepared loan and collateral documentation.
• Ability to work effectively with individuals and groups.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees 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 the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)