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 by performing the following 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 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.
• 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) is used to develop contingency planning.
• 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 ideas are heard and contributions make an impact.
• May occasionally require travel.