Credit Risk Manager

Valley National Bank; Town of Florida (NY); On-site; USD 74,000 - 126,000; Full time

Job summary

Valley National Bank is seeking an experienced credit professional to oversee portfolio monitoring, underwriting, and compliance across commercial loans. You will validate financial statements, assess collateral, and produce credit presentations for approval.

The role includes preparing quarterly reports, engaging with clients and deal teams, and driving due diligence to support timely underwriting decisions. Strong analytical and communication skills are essential.

Qualifications

• Knowledge of credit underwriting, financial accounting and loan documentation.
• Ability to structure deals and communicate them to lenders.
• Proficient with Word, Excel and Outlook.
• Strong interpersonal and social skills for interaction with loan officers and customers.
• Effective time management and organization.
• Strong mathematical and analytical abilities.
• Solid credit skills and report-writing capability.
• Ability to present information and respond to questions.

Responsibilities

• Oversight of portfolio monitoring via internal reporting and dashboards, ensuring loan terms and collateral compliance.
• Validate and analyze financial statements and collateral reports to verify compliance.
• Ensure credits are properly risk rated and monitored.
• Prepare quarterly portfolio reports and analysis, including criticized loan monitoring.
• Underwrite new transactions and renewals, extensions and amendments.
• Participate in client meetings and internal deal discussions with senior management.
• Conduct due diligence and present credit requests to credit authorities.
• Engage in special portfolio management projects.

Skills

Credit underwriting

Financial accounting

Loan documentation

Deal structuring

Microsoft Word

Microsoft Excel

Microsoft Outlook

Interpersonal skills

Time management

Mathematical skills

Credit analysis

Report writing

Presentation skills

Education

High School diploma or GED

Bachelor's degree (preferred)

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Responsibilities include but are not limited to:

• 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, coordinates client follow up as needed for account monitoring and administration.
• Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Completes financial statement spreads and cash flow analysis, performs collateral analysis, and conducts research on industries/markets. Escalates issues to appropriate levels and develops action plans as necessary.
• Ensures credits are accurately risk rated and are properly monitored and reported.
• Collaborates on preparation of all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
• Underwrites 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.
• Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, and presents credit requests to the required level of credit authority.
• Participates in special projects and requests related to the management of the portfolio.

Requirements

Required Skills:

• Knowledge of credit underwriting, financial accounting and loan documentation.
• Knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
• Proficient 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.
• Proficient 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 3 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

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.

$73,700.00 - $125,800.00 / 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

Opt-Out Request Honored

Required

Always Active

Functional

Functional

Analytics

Analytics

Advertising

Advertising