Senior Credit Risk & Underwriting Manager

Valley Bank; New York (NY); On-site; USD 110,000 - 170,000; Full time

Job summary

Valley Bank in New York seeks a skilled Credit Risk Manager to oversee underwriting for new and existing credit transactions with moderate to high complexity. You will assess client diligence, structure loans, and compile underwriting packages for approval.

In this role you will monitor portfolio risk, prepare quarterly reports, and work with deal teams and senior management to ensure policy compliance and accurate risk rating.

Qualifications

• 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.

Responsibilities

• Underwrites and structures new prospective transactions as well as renewals, extensions, increases, 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 and presents requests to credit authority.
• Maintains oversight via internal reporting and dashboards of portfolio monitoring and client deliverables.
• Validates and analyzes reports to verify compliance and escalates issues as needed.
• Ensures credits are properly risk rated and monitored.
• Prepares quarterly reports and portfolio management analyses.
• Participates in special projects related to portfolio management.

Skills

Credit underwriting

Financial accounting

Deal structuring

Interpersonal skills

Time management

Report writing

Presentation skills

Analytical skills

Education

High School diploma or GED

Bachelor's degree preferred

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Valley Bank in New York seeks a skilled Credit Risk Manager to oversee underwriting for new and existing credit transactions with moderate to high complexity. You will assess client diligence, structure loans, and compile underwriting packages for approval.

In this role you will monitor portfolio risk, prepare quarterly reports, and work with deal teams and senior management to ensure policy compliance and accurate risk rating.