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Managing Director – Credit Policy

Managing Director – Credit Policy

CompanyWebster Bank
LocationStamford, CT, USA
Salary$150000 – $165000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s degree in finance, Business or related area required.
  • Minimum of 7 – 10 years of Commercial Banking experience required.
  • Strong written and verbal communication skills.
  • Proficient knowledge of Windows and applications.

Responsibilities

  • Manage the credit policy inventory and the policy review cycles (including working independently with key stakeholders during the review process).
  • Set the policy annual review calendar, establish the agenda for CPC meetings and coordinate scheduling of all meetings.
  • Run the CPC meetings and memorialize the discussion into meeting minutes.
  • Lead or assist in the initial redlining of credit policies and procedures as part of the full review cycles or on an ad-hoc basis, including ensuring that policies reflect current regulatory guidance.
  • Effectively communicate and collaborate with key stakeholders regarding credit policy and procedure related matters.
  • Coordinate with the commercial administration loan system administrators to relay system changes needed due to policy updates.
  • Coordinate with the How2Work administrator on credit policy-related issues/needs.
  • Maintain an updated, comprehensive Commercial and Consumer credit policy inventory and Commercial credit procedure inventory.
  • Distribute and maintain Credit Policy Bulletins.
  • Maintain the policy and procedure archives.
  • Assist in addressing regulatory and internal audit credit policy-related information requests.
  • Assist in implementing enhancements to the credit policy framework, including potentially large-scale projects.

Preferred Qualifications

  • Experience writing and/or reviewing policies and/or legal documents preferred.
  • Experience supporting programs and/or implementing projects and initiatives.