Chad Molin
Lino Lakes,MN
Summary
Performance-driven Commercial Credit Manager with a robust background in detailed analysis and organizational strategy, dedicated to driving initiatives that enhance efficiency and support sustained growth. Expertise in leading teams to achieve collective success while managing multiple priorities to meet deadlines through effective communication. A forward-thinking approach fosters continuous improvement and positions the company for ongoing success in a competitive landscape. Committed to leveraging analytical skills and leadership capabilities to contribute to the organization's strategic objectives.
Overview
14
14
years of professional experience
Work History
VP Credit Manager
21st Century Bank
Roseville, MN
01.2024 - Current
- Led strategic initiatives to enhance operational efficiency across multiple departments including credit, lenders and loan administration.
- Leveraged technology to automate workflows and streamline processes, resulting in increased productivity and cost savings across the organization.
- Developed and implemented credit policies, enhancing compliance and operational efficiency across departments.
- Mentored junior staff on credit analysis techniques, fostering professional growth and team collaboration. Have personally developed 2 current analyst into Sr. Analysts.
- Provided strong leadership to enhance team productivity and morale.
- Implemented and developed operational standards, policies and procedures.
- Managed large-scale projects and introduced new systems, tools, and processes to achieve challenging objectives. Main example would be leading the implementation of a new core software (Loan Vantage) the bank now uses for underwriting.
Sr. Commercial Credit Analyst
21st Century Bank
Roseville, MN
02.2021 - 01.2024
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Conducted financial review of customer lines of credit by assessing company financials and initiating credit application reviews.
- Collaborated with other teams to identify and mitigate risks impacting organization.
- Mentored junior analysts on best practices in credit analysis and risk assessment.
Commercial Credit Analyst
21st Century Bank
Roseville, MN
08.2017 - 02.2021
- Analyzed commercial credit applications for risk assessment and approval processes.
- Evaluated financial statements to determine creditworthiness of clients.
- Performed credit reviews on corporations to assess financial conditions.
Indirect Lending Officer
Bremer Bank
Lake Elmo, MN
04.2012 - 08.2017
- To establish a strong individual loan portfolio based on quality credit underwriting and understanding of credit behavior patterns. Current portfolio has exceeded over $48 million in 4+ years.
- Maintain strong (low) delinquency rate on individual portfolio by approving smart and balanced deals for lender. Delinquency rate currently less than 0.1%.
- Develop strong customer relationship with dealerships we currently service and focus on working with new dealerships to grow business and overall portfolio. Spend time on outside visits to dealerships both current and new prospective clients. Listen to feedback from dealerships to help understand their needs and work to develop solutions to help their business along with our internal growth.
- Background in understanding the finance side of dealer services and working also with the processing and/or “funding” of approved contracts. Specifically handled the process for all new dealership sign ups.
- Work with and be a strong resource with local bankers and market managers to help in training RM’s in the world of dealer services. Helping the bankers or RM’s gain the knowledge and confidence when visiting prospects to increase more business and profit. Conference calls and training visits are two major components used in this area.
Education
High School Diploma -
Faith Academy
Lawrenceville, GA01-1999
Skills
- Team leadership
- Relationship building
- Decision-making
- Critical thinking
- Coaching and mentoring
- Complex Problem-solving
- Strategic planning
- Results-driven
- Customer service
- Documentation and reporting
- Process improvement
- Staff development
Languages
English
Native or Bilingual
Timeline
VP Credit Manager
21st Century Bank
01.2024 - Current
Sr. Commercial Credit Analyst
21st Century Bank
02.2021 - 01.2024
Commercial Credit Analyst
21st Century Bank
08.2017 - 02.2021
Indirect Lending Officer
Bremer Bank
04.2012 - 08.2017
High School Diploma -
Faith Academy