Senior Manager, Loan Review

Raymond James; New York (NY); Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Health insurance

Job summary

Raymond James seeks a credit risk professional to conduct risk assessments on loan portfolios across Raymond James Bank and TriState Capital Bank. You will review CRE, REIT, C&I lending, Private Bank Lending and SNC, evaluating risk ratings and adherence to underwriting standards.

The role is hybrid, requiring three days per week in the office, with responsibilities including independent loan reviews, financial statement analysis, and preparing reports on portfolio quality and risk issues for

Qualifications

• Bachelor’s degree in Business, Economics, Accounting or Finance with 7+ years in CRE or C&I lending.
• Experience in credit/loan review and risk assessment.
• Strong understanding of balance sheet, income statement and cash flow drivers affecting credit risk.
• Knowledge of regulatory definitions and loan classifications.
• Ability to discuss deficiencies and corrective actions with loan officers.

Responsibilities

• Develop quantitative analysis to assess credit risk at the portfolio level.
• Perform independent loan reviews to evaluate borrower creditworthiness.
• Analyze financial statements and data to ensure risk ratings align with policy and regulations.
• Discuss deficiencies and corrective actions with loan officers and managers.
• Assist in preparing portfolio quality reports with recommendations.
• Maintain understanding of credit risk policies and improve analysis processes.

Skills

Credit analysis

CRE/REIT/C&I

Private Bank Lending

Financial statement analysis

Risk rating knowledge

Regulatory knowledge

Interpersonal communication

Time management

Cross-functional collaboration

Education

Bachelor’s degree in Business, Economics, Accounting or Finance

Job description

Job Description Summary

The individual will be responsible for conducting credit risk assessments on loan portfolios within Raymond James Bank(“RJB”) and TriState Capital Bank(“TSCB”). Reviewable entities include Commercial Lending (CRE, REIT and C&I), Private Bank Lending and Shared National Credits(“SNC”). This will include a review of loans based on risk assessment findings as part of the Bank’s continuous monitoring program.

Job Description Summary

The individual will be responsible for conducting credit risk assessments on loan portfolios within Raymond James Bank(“RJB”) and TriState Capital Bank(“TSCB”). Reviewable entities include Commercial Lending (CRE, REIT and C&I), Private Bank Lending and Shared National Credits(“SNC”). This will include a review of loans based on risk assessment findings as part of the Bank’s continuous monitoring program.

Each loan under review will be evaluated for adherence to the Bank’s credit underwriting standards, policies, procedures, guidelines and regulatory requirements, including completeness of documentation/files.

This is a hybrid role which requires a minimum of three (3) days per week in the office.

Job Description

Essential Duties and Responsibilities

• Develop quantitative analysis to assess credit risk at the portfolio level.
• Perform independent loan reviews to evaluate the creditworthiness of the borrower.
• Analyze financial statements and other required data provided in the credit file to ensure that risk rating is appropriate and upgrades/downgrades are done in a timely manner in line with banks policies/procedures and regulatory requirements.
• Discuss all noted deficiencies and identified weaknesses, and any existing or planned corrective actions, including timeframes for correction, with appropriate loan officers and managers.
• Assist in preparing reports summarizing portfolio quality and risk issues with recommended corrective action.
• Maintain a level of understanding of credit risk policies/requirements, regulatory expectations and contribute to improving effectiveness and efficiency of the credit risk analysis processes/methodologies.

Knowledge, Skills, And Abilities

• Strong credit skills along with experience in Corporate Lending (CRE, REIT, C&I); experience in Private Bank Lending (Residential Mortgages, Securities Based Loans and/or Structured Loans) is a plus.
• Financial statement analysis including comprehensive understanding of balance sheet, income statement and cash flow drivers impacting critical credit risk metrics.
• Experience in evaluating or assigning risk ratings.
• Knowledge of regulatory definitions and classifications of loans.
• Working knowledge of lending practices, policies, procedures, disclosures and terminology related to banking laws, regulatory requirements and legal documents.
• Well-developed interpersonal and written/verbal communication skills demonstrating the ability to communicate effectively, clearly and persuasively in a variety of settings, formats and audiences.
• Strong organizational, time management and follow-up skills, demonstrating a strong sense of urgency and ability to execute quickly, timely and efficiently.
• Ability to multi-task and decide key priorities with confidence, motivation, decisiveness and flexibility.
• Demonstrated ability to collaborate, influence and manage competing priorities across the organization.

Educational/Previous Experience Requirements

• Bachelor’s degree in Business, Economics, Accounting or Finance with at least seven (7) years of experience in CRE or C&I lending, credit/loan review and/or similar position requiring strong business knowledge and credit judgment.

Education

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance

Work Experience

General Experience - 6 to 10 years

Salary Range

$100,000.00-$130,000.00

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We Expect Our Associates At All Levels To

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.