Heritage Career Opportunities

Credit Manager

Location: Holstein, IA
Department: Credit

Position Summary:

The Credit Manager is primarily responsible for underwriting new commercial opportunities and maintaining a portfolio of borrowing customers. Although they still have extensive customer contact, they do not have direct sales responsibilities.  The Credit Manager is an equal on a team with a Relationship Manager. The Relationship Manager has the responsibility for outbound calling efforts with customers, prospects and centers of influence. The role of the credit manager's interactions with borrowing customers will center around the credit manager's analysis and understanding of the borrowing entity's accounting and business practices.  Therefore an ability to read and analyze financial statements, as well as discuss current and future accounting and business practices with customers to determine creditworthiness is essential.  The team (Credit Manager and Relationship Manager) jointly determine credit worthiness and work a portfolio of customers striving to create value with each interaction.  This is a model that Heritage Bank believes is unique in the industry and produces a competitive advantage when comparing us to others in the industry.To grow our market share

The Credit Manager plays a large role in maintaining a sound credit culture.  The Credit Manager prepares credit write-ups for approval on new loan requests and annual reviews.  The write-up entails completing thorough financial, borrower and industry analysis and clearly identifying the risks and mitigating factors for each credit.  The Credit Manager is also responsible for the on-going monitoring of the portfolio including: collection and tracking of required information from the borrower, following up on technical exceptions and working with the banker to ensure that maturing notes are being addressed in a timely fashion.

The statements contained in this job description describe the general nature and level of work being performed by the person accepting this role. Secondary Duties and Responsibilities are considered incidental or secondary to the overall purpose of the job.

This job description does not state or imply the only duties and responsibilities assigned to this job.

Employees holding this job will be required to perform any other job-related duties requested by management. All job requirements are subject to possible modification to reasonably accommodate individuals with a disability.

Role Qualifications:

The ideal candidate will bring a solid knowledge of reading and analyzing various financial statements and demonstrate an ability to use the financial data to explain what is happening in the business- or at least recognize what and be able and comfortable with asking questions need to be asked to gain that understanding.  Credit Managers must have an inquisitive mind and enjoy digging into details to fully understand a situation.  Strong accounting background is desired with a public accounting background helpful.  A basic knowledge of loan structuring is also preferred.


  • 4-year degree or equivalent work experience


  • 4+ years experience in credit analysis

Other Skills/Characteristics

  • Ability to communicate well with clients and employees
  • Leadership qualities
  • Knowledge of lending regulations and policies
  • Problem-solving abilities
  • Analyze, and interpret financial statements

Application Procedures:

To apply for this position, please send your resume to careers@heritagebankna.com.

Deadline: January 02, 2015

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