Credit Risk Management Officer III

Job Description

Analyzes credit data and financial statements of individuals and/or firms to determine the degree of risk involved. Performs duties for the preparation of the allowance for credit loss calculation and preparation of forward-looking stress tests.

Essential Duties And Responsibilities

• Identifies and analyzes areas of potential risk to the assets, earning capacity, or success of the organization.
• Gathers risk-related data from internal or external resources in order to analyze credit data and financial statements to determine the degree of risk involved.
• Analyzes appraisals and performs credit analysis for portfolio stress testing while relying on experience and judgment.
• Develops contingency plans using portfolio stress testing (including all Commercial Real Estate (CRE) loans, together with construction, multifamily and commercial real estate for investment purposes; and C & I and consumer loans).
• Reviews individually evaluated loans and qualitative factors for collectively evaluated loans in preparation of the Allowance for Credit Loss Calculation.
• Manages special projects as assigned by Credit Risk Manager requiring a certain degree of creativity and latitude.

Qualifications

• Bachelor's degree (B.A.) from four-year college or university, with Finance or Accounting degree required.
• Minimum of ten years related experience required with background as either experienced loan auditor or bank examiner preferred.
• Knowledge of Allowance for Credit Losses (ACL) accounting and methodology required.

Compliance Requirements

• Responsible for compliance under the requirements of the BSA, AML, OFAC and CIP related policies as well as adherence to the bank's procedures to fulfill the requirements of the regulations.
• Must report any unusual or suspicious activity involving customers or fellow employees to the BSA Department.

Physical Demands

• Frequent standing, walking, sitting, using hands to finger, handle, or feel, talking or hearing.
• Occasional lifting and/or moving up to 25 pounds.
• Close vision and ability to adjust focus.

Work Environment

• Professional banking environment.
• Uses standard office equipment and digital tools such as secure financial systems, computers, phones, photocopiers, and scanners.
• Maintains a high level of professionalism, confidentiality, and attention to detail in all interactions.
• Fast-paced, supportive atmosphere where innovative ideas are heard and contribute to the bank's success.