Sr Credit Risk Manager

Valley Bank; West Palm Beach (FL); On-site; USD 90,000 - 140,000; Full time

Job summary

Valley Bank is seeking an experienced credit professional to oversee a loan portfolio, underwriting and structuring new and existing transactions, and guiding junior team members. You will lead client meetings, manage risk, and ensure compliance with bank policies and loan terms.

Responsibilities include due diligence, preparing credit presentations, closing oversight, and ongoing monitoring with regular reporting.

Responsibilities

• Monitor the ongoing financial health of an assigned loan portfolio and maintain ongoing dialogue with clients with the business team for reporting and updates.
• Underwrites and structures new transactions as well as renewals, extensions, increases, and material modifications for existing clients.
• Lead external client meetings as well as internal deal team discussions and approval discussions with senior management; identify and mitigate risks and advise on Credit Policy and loan structures.
• Review credit packages completed by junior team members and provide guidance and mentorship.
• Perform due diligence and analysis, produce the credit presentation per guidelines, ensure timely underwriting, present credit requests to credit authority, and oversee legal documents and closing.
• Approve transactions under lending authority when applicable.
• Maintain oversight via internal reporting and dashboards of portfolio monitoring requirements and client deliverables, ensuring compliance with loan terms.
• Maintain direct contact with clients for account monitoring and site visits as needed.
• Validate and analyze reports (financial statements, collateral, appraisals, etc.) to verify compliance; escalate issues and develop action plans.
• Ensure credits are accurately risk-rated and properly monitored and reported.
• Prepare quarterly reports and analyses including Criticized Loan Monitoring Reports and other portfolio management reports.
• Participate in special projects related to portfolio management.

Job description

Responsibilities include but are not limited to:

• Responsible for monitoring on a timely basis the ongoing financial health of an assigned loan portfolio while maintaining the ongoing communication and dialogue with clients in conjunction with the business team for all credit related reporting and business updates.
• Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
• Leads external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
• Reviews credit packages completed by junior team members and provides general guidance and mentorship.
• Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority, and oversees the legal documentation and closing process.
• Approves transactions under individual lending authority, when applicable.
• 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, maintains direct contact with clients as needed for account monitoring and administration and site visits.
• Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
• Ensures credits are accurately risk rated and are properly monitored and reported.
• Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
• Participates in special projects and requests related to the management of the portfolio.