Credit Production Manager

Job Description Summary

The Private Bank Credit Production Manager manages securities-backed line of credit (SBLOC) and insurance-backed line of credit (IBLOC) applications through the Private Bank’s underwriting process, providing provide timely and effective analysis and decision making while consistently completing a daily workload. This position reports to the Private Bank Credit Production Manager.

Primary Functions of the Position:

• In a high-volume environment, evaluates / validates defined eligible collateral, advance formulas, and supporting collateral information.
• Reviews brokerage statements and system feeds in order to value collateral assets associated with Private Bank lines of credit
• Conducts credit investigations and related due diligence
• Assists the collateral monitoring group in analyzing service requests
• When required, reviews legal and borrower-provided documentation for accuracy and completeness
• May assist in the analysis of problem accounts and propose acceptable solutions regarding customer service issues
• Performs related reporting and project support work

Education and Experience Requirements:

• Bachelor’s Degree, preferably in Business or related field
• Minimum 1-3 years of banking or securities experience, including experience in brokerage statement or credit analysis
• Financial services experience with exposure to marketable securities, collateralized or asset-based lending, or loan administration is preferred

Essential Skills and Abilities:

• Demonstrated knowledge of accounting principles and reconcilement procedures
• Proficient in MS Office, specifically Excel and Word
• Organized with strong attention to detail
• Professional interpersonal and communication skills
• Strong writing, critical-thinking, and analytical skills

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: FinanceGeneral Experience - 3 to 6 yearsN/A - Financial Industry Regulatory Authority (FINRA)

Travel

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 
We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.