Credit Officer

Texas Capital•Dallas, TX

About The Position

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow. While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships. Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO). Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com. Brief Overview of Position The Credit Officer is positioned within the Credit Department, reporting to a Senior Credit Officer, and is integral to the success of each line of business it supports, helping to drive the strategic vision set forth by Texas Capital Bank. The position will support the Asset Based Lending (ABL) Specialty line of business and is responsible for maximizing portfolio performance, providing oversight and leading deals from opportunity to close.

Requirements

Bachelor's degree in finance, accounting, or related field, required
Minimum of twelve (12) years of experience in ABL credit roles with demonstrated expertise in borrowing base administration, accounts receivable and inventory analysis, and collateral management
Demonstrated experience with middle-market and lower middle-market lending preferred
Completion of a Formal Credit Training program or commensurate ABL underwriting experience
Must possess a high level of motivation and initiative with the ability to perform in a fast-paced, collaborative environment and build working relationships across the organization
Must have excellent interpersonal and communications skills, both verbal and written, with ability to communicate policies, procedures and objectives effectively throughout the firm and to cultivate working relationships with banking teams and clients
Must have a high level of analytical skill to assess and manage areas of responsibility including ABL collateral evaluation, determination of credit risk, and making final approval decisions
Proficient in MS Office products (Teams, Word, Excel, PowerPoint)
Understanding of products and services across the firm
Thorough knowledge of ABL loans, principles, policies, and practices
Knowledge of current ABL lending laws, regulations, and UCC filing requirements
Proven leadership skills and a passion for financial services and delivering superior client experiences

Nice To Haves

MBA, CPA, CFA or equivalent designations preferred
Experience with Skilled Nursing Facilities (SNF) and/or Healthcare ABL lending preferred, but not required

Responsibilities

Partners with ABL origination team to provide recommendations on credit structure, borrowing base analysis, and potential risks
Assesses terms under which ABL credit will be extended, including analysis of primary and secondary sources of repayment including operating cash flows, collateral valuations, accounts receivable and inventory analysis, and covenant requirements
Conducts ongoing monitoring of borrowing base compliance, covenant adherence, and collateral performance
Assures the integrity and proper documentation of individual credits approved as well as the assigned portfolio
Acts as a responsible steward of the firm's capital, ensuring fidelity to risk management and ABL underwriting standards
Ensures effective administration of ABL loan policies, programs, objectives and goals as they pertain to the firm, to include adherence to policy compliance requirements and assessment of risk ratings in an accurate and timely manner
Stays informed on the latest trends and developments in ABL products, financial markets, regulatory changes, and industry best practices
Expert ability to analyze and evaluate ABL credit risk, including collateral evaluation, with expert ability to escalate recommendations and influence change
Expert ability to interact, negotiate, and influence at executive levels internally and externally
Lead and/or support key initiatives to drive improvements in the delivery of ABL credit solutions for clients and prospects
Provides leadership and development for Portfolio Management team
Accompanies origination teams on client visits and collateral inspections, when needed
May perform other duties as needed