Secured Credit Officer I

S&T Bank

. Assume responsibility for moderately complex Formula Based Commercial Loan and Asset-Based Loan structuring, monitoring, and operations.

Posted 9/25/2026full-timeUnited StatesJuniorMid-Level💰 $48,000 - $115,500 per yearWebsite

About the role

Key responsibilities & impact

Assume responsibility for moderately complex Formula Based Commercial Loan and Asset-Based Loan structuring, monitoring, and operations.
Process draw requests, monitor collateral positions, conditions, performance metrics, and borrower trends.
Analyze borrowing base certificates, accounts receivable and payable schedules, inventory listings, and other collateral reports.
Participate in loan structuring and Commercial Loan underwriting, including collateral analysis and recommending loan conditions.
Review loan documentation and ensure compliance with loan policies, procedures, Credit Memos, and Business Loan Agreements.
Provide customer service, resolve borrower questions, and maintain relationships with commercial loan customers, bankers, and third-party consultants.
Review and approve loan requests, participate in loan closing and funding, and authorize wires through the nCino credit workflow system.
Order and review field examinations, inventory and machinery/equipment appraisals, and coordinate third-party vendors.
Verify loan availability and outgoing wires, including callback procedures and beneficiary verification.
Perform fraud testing and report suspected fraud.
Identify out-of-formula positions, assist with corrective action plans, and monitor loans until compliance is restored.
Maintain loan portfolios in the Cync asset-based loan system and provide trend reports and collateral analysis.
Maintain collateral-reporting databases and files and prepare portfolio summary reports.
Coordinate third-party examinations and report findings to lending and credit leadership.
Independently monitor loan accounts, report exceptions and performance issues, and assist less experienced Secured Credit Administrators.

Requirements

What you’ll need

Requires a four-year college or equivalent, majoring in accounting or finance.
Two to five years general experience.
Two to five years specialized training in formula-based loan and asset-based loan monitoring activity.
Ability to work Monday–Friday, 8AM–5PM, with additional hours as necessary.
Ability to work at multiple locations and travel 0–10%.
Ability to operate keypad and electronic equipment and perform the stated physical demands, with reasonable accommodations available.
Must adhere to Key SOX Controls pertaining to independent field examiners and Borrowing Base Certificate review and signoff.