Senior Credit Risk Review Officer

Senior Credit Risk Review Officer

Requirements

• Experienced credit professional with minimum three years of commercial credit experience, preferably with a background in commercial credit underwriting and credit risk management.
• Minimum Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
• Demonstrated understanding of commercial credit principles and strong analytical skills.
• Working knowledge of accounting, financial statements and tax returns, and cash flow analyses, as well as a highly refined ability to make insightful comments relating to a borrower’s current and prospective credit risk profile.
• Solid analytical and problem-solving skills are required. Ability to understand business and industry concepts in order to develop and suggest intelligent, viable solutions to problems.
• Knowledge of banking regulations and prudent commercial lending credit policies.
• Experience reviewing probability of default (PD) and loss given default (LGD) analyses.
• Effective oral, written, and interpersonal communication skills with the ability to carry out instructions and instruct others, train personnel, interpret complex documents, understand procedures, draft reports, correspondence, and procedures, and speak clearly to lenders, management, and employees.
• Good verbal and written communication and interpersonal skills required with ability to present complex and sensitive issues to management.
• Enthusiastic, self-motivated, effective in a dynamic fast-paced environment and willing to demonstrate personal responsibility and accountability.
• Ability to manage multiple tasks concurrently, with a high sense of urgency. Works well individually and in teams, shares information, supports colleagues, and encourages participation.
• Flexibility to travel as required.

Responsibilities

• Independently monitors credit risk trends within assigned commercial lending risk segments.
• Attends relevant meetings and develops and maintains relationships with internal stakeholders responsible for credit approval.
• Performs tasks that increase the data-driven operational successes of the department.
• Develops analysis and reporting tools to evaluate and provide oversight of the bank’s Concentration and Counterparty activities, controls, and reporting, primarily the bank’s peer bank comparison assessments.
• Executes quarterly continuous credit file examination of assigned reviewable units or risk segments.
• Evaluates commercial loan transactions and performs assessments of underwriting and portfolio management to independently provide feedback on the adequacy of underwriting analyses, accuracy and timeliness of risk grading decisions, appropriateness of credit mitigation actions, and the effectiveness of the credit management process and key controls supporting credit quality.
• Creates data visualizations (dashboards and reports) that are easy-to-read and insightful.
• Assists in performance and completion of special projects related to data analysis as may be assigned by CR&R Team Leaders on an ad hoc basis.
• Executes certain departmental administrative functions and reporting.
• Participates in continuous quarterly credit file testing activities and scheduled periodic loan review engagements.
• Executes quarterly analyses of the credit quality trends of the loan portfolios of assigned reviewable units or risk segments.
• Reviews all pertinent credit and financial information, including business and personal financial statements, spreadsheets, cash flow analyses, and other sources, as applicable.
• Properly assesses borrower risk profiles and risk grades of each loan/lending relationship reviewed.
• Performs proper risk-based sampling techniques for scoping continuous file reviews and periodic reviews; determines the need for expanding scope and adjusting exam procedures, as appropriate.
• Guides less experienced reviewers in determining the accuracy of assigned risk ratings and analyzing borrower risk attributes and risk factors.
• Analyzes loan reporting and tracking systems and prepares appropriate comments within Credit Risk & Review reports.
• Properly evaluates changes or weaknesses within Credit Administration processes or policies.
• Maintains a working knowledge of a variety of industries and specialty lines of business (e.g., commercial real estate, equipment leasing, mortgage warehouse lending, gaming, technology, life sciences, HOA, franchise lending, sponsor finance, leveraged lending, etc.).
• Demonstrates knowledge of regulatory requirements and expectations pertaining to credit risk management.
• Ensures consistent application of enterprise-wide Credit Policy, as well as Credit Risk & Review Policies and Procedures.

Preferred Qualifications

• Successful completion of formal credit training program is preferred, but not necessary.
• Previous credit risk review experience is preferred, but not necessary.