Credit Risk Review Officer

liveoakbancshares; United States; Hybrid; USD 140,000 - 230,000; Full time

Job summary

Live Oak Bank is seeking an experienced Credit Risk Review Officer to safeguard the strength and performance of our loan portfolio. You will independently assess complex Specialty Lending relationships, challenge underwriting quality, and ensure lending practices meet regulatory expectations and internal standards.

Based ideally in Wilmington, NC with possible remote designation for qualified candidates. Sponsorship is not supported.

Qualifications

• 10+ years of progressive experience in credit risk review or related areas.
• Experience with complex commercial lending structures and credit risk frameworks.
• Strong understanding of regulatory expectations in credit risk management.
• Ability to provide independent review and credible challenge to underwriting practices.

Responsibilities

• Lead reviews of complex, high-risk or specialized lending relationships and develop independent conclusions on risk ratings and underwriting quality.
• Monitor portfolio performance to identify trends, emerging risks, and areas of concern.
• Contribute to evolution of credit risk review methodologies, coverage, reporting, and risk assessment practices.
• Perform individual file and relationship reviews under the established risk-based loan review program.
• Validate accuracy and consistency of loan risk grade assignments per policies and regulatory guidelines.
• Serve as a subject matter expert for assigned commercial products, understanding related policy, underwriting and portfolio management guidelines.

Skills

Credit risk analysis

Regulatory knowledge

Financial statement analysis

Independent loan review

Portfolio management

Job description

About Us

Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America's Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

How This Role Impacts Live Oak and Its People

As a Credit Risk Review Officer , you will play critical role in safeguarding the strength, integrity, and long-term performance of Live Oak Bank's loan portfolio. Serving as a subject matter expert within the Credit Risk Review function, you will independently assess the Bank's most complex Specialty Lending relationships, provide credible challenge to credit and underwriting practices, and help ensure that lending practices align with regulatory expectations, internal policies, and Live Oak's high standards for sound credit risk management. Through your expertise, you will ensure transparency and accountability in loan quality, helping to shape strategic decision-making, enhance credit risk governance, and support our mission of being a trusted financial partner for customers and communities.

Location Preference:

This position is ideally based in Wilmington, NC; however, remote designations may be considered for qualified candidates. Work sponsorship is not supported, now or in the future.

What You'll Do at Live Oak

• Lead reviews of the Bank's most complex, higher-risk, or specialized lending relationships, including the development of independent conclusions regarding risk ratings, underwriting quality, policy compliance, and portfolio management practices.
• Support monitoring of portfolio performance to identify trends, emerging risks, and areas of concern. Identify and evaluate portfolio trends, including delinquency, bankruptcy, collateral sufficiency, and industry concentrations.
• Contribute to the evolution of credit risk review methodologies, coverage strategies, reporting frameworks, and risk assessment practices.
• Perform individual file and relationship reviews under the established risk-based loan review program.
• Validate the accuracy and consistency of loan risk grade assignments at the file or relationship level in alignment with established policies and regulatory guidelines.
• Act as a subject matter expert for assigned commercial products, requiring a thorough understanding of all related product aspects, policies, underwriting and portfolio management guidelines, and
• Ensure the quality, completion-

Required Experience

• 10+ years of progressive experience in credit risk review, special assets, internal audit, or commercial credit within a regulated financial institution exhibiting a focus on credit-related risk.
• Extensive knowledge of complex and highly structured commercial lending structures, underwriting standards, credit risk frameworks, and portfolio management practices across a variety of bilateral and syndicated commercial loan products with expertise in Sponsor Finance, Lender Finance, Subscription Finance, Asset Based Lending, and Venture.
• Capable of providing a fulsome review and opinion as to the credit risk and mitigated loan quality of large and structurally complex transactions.
• Strong understanding of regulatory expectations related to credit risk management, independent loan review, and safety-and