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Managing Director – Credit Policy
Company | Webster Bank |
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Location | Stamford, CT, USA |
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Salary | $150000 – $165000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior, Expert or higher |
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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.