BUSINESS RELATIONSHIP OFFICER - CORPORATE BANKING - FIRSTBANK PR

The Business Relationship Officer analyzes all banking products and services needs of clients and prospects including but not limited to financing needs, cash management, treasury, insurance etc. Coordinates all bank efforts to generate new business wild clients and prospects assigned. This position has budget responsibilities including asset generation (loan products) in compliance with unit's pricing and credit guidelines, deposits growth and fee income targets from the cross selling of other bank products and services (transaction banking, insurance. etc.). The Officer is responsible for the preparation of marketing plans for relationships under management and implementation of the marketing strategies contained in such plans. The Officer is also responsible for the asset quality of accounts assigned., Responsibilities include structuring and proposing for approval credit facilities, completing (with the support of credit officers) periodic and manual reviews, criticized reports, risk rating assessments, industry analysis, quarterly covenant checks. The Officer also monitors compliance with borrowing base formula and other conditions for lending as applicable. Officer manages accounts with the goal of minimizing delinquencies. The Officer manages accounts assuring compliance with all applicable regulations and Bank Policies, as well as the accuracy and completeness of collateral and related documentation. The Officer adheres to Department's quarterly/annual review and portfolio review schedule. Prepares credit approval memos, 360 reports, call memos for accounts assigned and implements credit approvals and preventive action plans. Officer is responsible for the negotiation and review of legal documentation for each transaction and closing in compliance with Clip (commercial loan improvement program) procedures. Officer may also assist supervisors in the preparation of presentations and other related tasks.