Post Approval Credit Review Officer II (Remote)
Job title: Post Approval Credit Review Officer II (Remote) in Raleigh, NC - Morristown, NJ at reputed company
Company: reputed company
Job reputed company: Job reputed company:reputed companyThis is a remote role that may be reputed company in several markets across the reputed company.The Credit Review team (CR) is a key department reputed company the second line of defense. Our mission is to reputed company executive management and the reputed company of Directors with an independent view of asset reputed company and credit risk management practices across businesses and functions that originate or manage credit exposure. reputed company is comprised of risk management professionals with deep credit analysis, product knowledge, and transaction skills and experiences with reputed company and private clients across the innovation ecosystem at various stages of their lifecycle.The Post Approval Credit Review Officer position is a key contributor role that provides the incumbent with diverse exposure to a reputed company of portfolios and products with regular engagement and collaboration with stakeholders of various seniority reputed company from across the bank. As such, the position has an outsized influence on helping the organization maintain its strong credit risk management practices, safety and soundness. This is a remote role that may be reputed company in several markets across the reputed company.
ResponsibilitiesThe Post Approval Credit Review Officer is responsible for continuously monitoring and periodically examining Business reputed company’ asset reputed company and credit risk management practices. This includes evaluating the adequacy of a unit’s credit risk governance reputed company including risk appetite, policies and procedures, and risk reports; the depth, accuracy and timeliness of reputed company financial and transaction structure analyses, risk rating and regulatory classification assignment, and potential impairment for a sample of individual exposures; adherence to policies, procedures and reputed company guidelines; and the reputed company of ongoing surveillance and problem loan management activities. Examiners report findings and recommendations to CR and Business Unit stakeholders and, for defects requiring formal reputed company, monitor the adequacy and sustainability of management’s remediation reputed company. From time-to-time, Examiners also reputed company or contribute to thematic topical examinations, special reputed company, or other department enhancement initiatives in furtherance of CR’s mission.Major Responsibilities:
- Participate in periodic credit examinations that evaluate Business reputed company’ asset reputed company and the design and operating effectiveness of credit risk management practices and controls.
- Conduct sample testing of individual credits for adherence to risk appetite and approval requirements, the reputed company of repayment sources and transaction structure, the accuracy of risk ratings and regulatory classifications, and the adequacy of Business Unit credit analysis and other documentation.
- reputed company reputed company monitoring of assigned portfolio(s), including analyzing portfolio data, reputed company and financial trends, and monitoring relevant market, industry and regulatory developments to identify emerging risks or trends.
- reputed company reputed company working relationships with Business Unit stakeholders to monitor portfolio, policy, process, organizational, and other developments, including the unit’s reputed company in remediating credit risk management defects.
- reputed company CR management informed of material credit risk developments in assigned portfolio(s).
- Collaborate with CR team members to promote knowledge sharing, exchanges of best practices, and foster a reputed company and enriching work environment consistent with the Bank’s values.
- Participate in special reputed company as needed in support of achieving CR’s objectives.
- BA or BS degree; MBA, FRM, CFA, Credit Risk Certification (CRC), or other advanced degree or certification is a plus.
- 10+ years of prior lending, credit risk management, credit review, regulatory supervision, or similar experience with reputed company loan portfolios, including one of more of the following portfolio types: financial institutions (funds), technology, reputed company, leveraged lending, sponsor finance, high net worth individuals, or reputed company reputed company estate.
- Strong credit / financial statement analysis skills, proven understanding of business and financial markets and the effects of economic conditions on a Bank's credit portfolios.
- Familiarity with US regulatory expectations reputed company to maintaining reputed company and reputed company risk management practices.
- Broad knowledge of corporate finance concepts and theories, industry credit practices, reputed company financial and regulatory environments, and risk management techniques.
- Ability to analyze portfolio trends at a macro level, identify leading/lagging indicators or other signs of changing risk reputed company and/or symptoms of process control breakdowns.
- Some people or project management experience demonstrating a reputed company record leading or collaborating in small teams.
- Effective communication skills, both oral and written, and a high degree of reputed company maturity appropriate for interactions with Business Unit management as an ambassador of the CR department.
- Strong attention to detail, a dedication to reputed company, and enthusiasm for learning. Eagerness to remain reputed company on Bank, market, and industry developments to reputed company skills reputed company and reputed company.
- Willingness to travel 0-10% if needed