Credit Risk Manager

Valley Bank; Tampa (FL); On-site; USD 85,000 - 147,000; Full time

Job summary

Valley Bank in Tampa, FL is seeking a Credit Risk Manager to lead underwriting for new and existing credit transactions, assess risk, and structure loan opportunities within a growing commercial lending team.

Role requires strong underwriting, financial analysis, and presentation skills; candidates should have 5+ years in commercial lending and a bachelor’s degree or credit training. Full-time role with a comprehensive rewards package.

Qualifications

• Underwriting guidelines and RACs policy understanding.
• Knowledge of credit underwriting, financial accounting and loan documentation.
• Ability to structure deals and explain structures to lenders.
• Strong computer skills with MS Word, Excel and Outlook.
• Strong interpersonal and social skills for interactions with loan officers and clients.
• Time management and organization skills.
• Strong mathematical and credit skills.
• Ability to write reports and business correspondence.
• Ability to present information and answer questions.

Responsibilities

• Underwrites and structures new transactions and renewals for existing clients.
• Participates in external client meetings and internal deal discussions; identifies and mitigates risk.
• Prepares underwriting packages and presents credit requests for approval.
• Monitors portfolios with reporting and ensures covenant compliance.
• Communicates with clients and coordinates site visits as needed.
• Validates financial statements and collateral reports to verify compliance.
• Ensures proper risk rating and monitoring of credits.
• Prepares quarterly and portfolio management analyses.
• Participates in special portfolio projects.

Skills

Credit underwriting

Financial accounting

Loan documentation

Deal structuring

MS Word

MS Excel

MS Outlook

Interpersonal skills

Time management

Mathematical skills

Credit skills

Report writing

Presentations

Education

High school diploma or GED

Bachelor's degree

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.
At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.
The Credit Risk Manager is responsible for all underwriting activities related to new and existing credit transactions with moderate to higher complexity including client diligence, structuring, and the required analysis and preparation of the underwriting package.

Expected Work Hours

8:30 - 5:00

Job Description

Responsibilities include but are not limited to:

• Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
• Participates in external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
• Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority.
• Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
• Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
• Ensures credits are accurately risk rated and are properly monitored and reported.
• Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
• Participates in special projects and requests related to the management of the portfolio.

Requirements

Required Skills:

• Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
• Strong knowledge of credit underwriting, financial accounting and loan documentation.
• Strong knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
• Strong computer skills using Microsoft Word, Excel and Outlook.
• Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
• Ability to manage time efficiently.
• Strong mathematical skills.
• Strong credit skills.
• Ability to write reports and business correspondence.
• Ability to effectively present information and respond to questions.

Required Experience:

• High School diploma or GED.
• Minimum of 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.

Preferred Experience:

• Bachelor's degree and completion of a formal credit training program.

Full-time/Part-time

Full-time

FLSA

Exempt

Location(s)

Tampa , Florida , United States

St Petersburg , Florida , United States

Total Rewards Summary

We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.

Pay Range The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience. $85,200.00 - $147,200.00 / year

Pay Transparency

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

undefined

Employee Polygraph Protection Act

Right to Work/E-Verify

Family and Medical Leave Act

Employer Privacy Policy

Valley is an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected status or characteristic.

If you are a person with a disability and need a reasonable accommodation to search or apply for a career opportunity, please call us at 800-652-6500, option 2, for assistance with an alternate method of access. A response to your accommodation request may take up to two business days. Other inquiries to this number will not receive a response.

EEO is the Law

ADP Privacy Statement Artificial Intelligence Google Privacy Policy Google Terms of Service