Senior Special Assets & Credit Risk Manager (Hybrid)

Columbia Bank Northeast; Fair Lawn (NJ); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Healthcare plan

ESOP

Paid time off

401k

Job summary

Columbia Bank seeks a Special Assets Credit Manager to lead credit-risk analysis and portfolio surveillance of complex commercial loan relationships across departments. You will evaluate borrower performance, collateral, and repayment capacity, and prepare reviews for management and regulators.

The role requires 5+ years in commercial credit, strong communication, and advanced Excel skills. The position offers a hybrid schedule, competitive benefits, and opportunities to influence risk

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field.
• Five or more years of progressively responsible experience in commercial credit, underwriting, portfolio management, credit risk, credit review, special assets, or a related commercial banking discipline.
• Strong commercial credit underwriting and financial analysis skills, including financial statements, cash flow, collateral, covenant compliance, repayment capacity, and risk-rating assessment.
• Experience with criticized/classified asset administration, risk-rating methodologies, and identification and escalation of material credit risks.
• Strong written and verbal communication skills with experience preparing and presenting credit analyses and management reports to senior management, committees, auditors, and regulators.
• Experience working across commercial lending, credit administration, loan operations, appraisal, legal, risk management, and other internal or external stakeholders.
• Advanced proficiency in Excel and commercial banking systems, with experience developing reporting tools, dashboards, and analytical solutions to support decision-making.
• Strong understanding of data integrity with the ability to reconcile information across banking systems, financial statements, loan documentation, and other source records.

Responsibilities

• Administers the credit-risk analysis and portfolio surveillance functions of the Special Assets Department, including ongoing financial analysis and monitoring of criticized and classified commercial loan relationships.
• Performs comprehensive financial and credit analysis of criticized and classified commercial loan relationships, including borrower and guarantor financial performance, cash flow, debt service coverage, leverage, liquidity, contingent liabilities, collateral coverage, secondary repayment sources, and other factors affecting repayment capacity and credit risk.
• Prepares quarterly Credit Review Memoranda incorporating financial, collateral, and credit-risk analysis to support portfolio management, risk-rating justification, loss mitigation, and internal and regulatory review requirements.
• Monitors collateral-related risk components, including valuation, insurance, lien position, lien perfection, and other matters affecting collateral coverage and the Bank's secured position.
• Develops and delivers reporting, dashboards, risk assessments, and management information for departmental oversight, senior management, committees, auditors, and regulators.
• Supports audit, loan review, and regulatory examinations by coordinating information, validating supporting documentation, and responding to inquiries within assigned responsibilities.
• Represents the Special Assets Department in meetings, presentations, examinations, and discussions relating to assigned responsibilities and departmental initiatives, as requested by management.

Skills

Credit risk analysis

Financial analysis

Communication skills

Cross-functional collaboration

Project management

Education

Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Risk Management, or related field

Master’s degree in Business Administration, Finance, Risk Management, or related discipline

Tools

Excel

Job description

Columbia Bank seeks a Special Assets Credit Manager to lead credit-risk analysis and portfolio surveillance of complex commercial loan relationships across departments. You will evaluate borrower performance, collateral, and repayment capacity, and prepare reviews for management and regulators.

The role requires 5+ years in commercial credit, strong communication, and advanced Excel skills. The position offers a hybrid schedule, competitive benefits, and opportunities to influence risk