Job Details

Credit Administrator At Optum Bank

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale.

The Credit Administrator at Optum Bank will be responsible for supporting the Director of Credit Administration in managing all aspects of the credit risk management function for their line of business including execution and communication of policy, approval process, administration, portfolio analysis, and remediation of examiner and auditor observations. This will involve working closely with members of the Credit Department and individuals at all levels within Optum Bank. You'll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Primary Responsibilities

• Assist with ensuring a consistent credit culture while collaborating with the Chief Credit Officer, Deputy Chief Credit Officer, Director of Credit Administration, Director of Credit, Underwriters, and Portfolio Managers
• Review and approve periodic loan reviews for accuracy, completeness and quality control with a focus on credit policy compliance and risk rating consistency
• Assist with preparation and presentation of materials for Credit Committee meetings
• Identify, evaluate, and implement efficiencies within the credit and credit operations processes
• Mentor, train, and coach credit department personnel to ensure a consistent credit culture and development of team members
• Assist with stress testing of the loan portfolio
• Assist in monitoring the portfolio to ensure satisfactory credit quality
• Assist in formulation and upkeep of credit policies and procedures
• Maintain current and relevant knowledge of regulations and ensure adherence to regulatory guidance and federal/state laws
• Help render and communicate decisions that most effectively mitigate credit risk
• Develop and maintain positive relationships with internal and external clients

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or Business from an accredited institution
• 7+ years of experience in a bank setting underwriting or approving commercial real estate loans, reviewing loan documents, experience with lending laws, loan transaction procedures, portfolio monitoring, and loan servicing
• 7+ years of experience analyzing business and personal financial statements associated with loan requests
• 2+ years of experience mentoring or training credit underwriters
• 2+ years of experience making credit decisions on transactions > $5 million
• 2+ years of experience working with internal auditors and loan review personnel in a bank setting

Preferred Qualifications

• Advanced degree in a business-related field from an accredited institution (MBA, MRED, MSF, MACC, etc.) or advanced education in banking through a bankers association or banking school
• Completion of a formal commercial credit training program
• 10+ years of experience working in Credit or Risk at an FDIC insured institution
• Experience working out problem loans
• Familiarity with a broad array of loan types such as commercial real estate, equipment leasing, syndicated loans, consumer loans, and private credit
• Expertise in reviewing commercial real estate appraisal reports and commercial real estate environmental reports

All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary for this role will range from $112,700 to $193,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.