Sr. Credit Risk Associate

About the role

The Credit Risk Senior Associate contributes to credit risk management projects and processes to ensure an appropriate framework exists for monitoring, reporting, and analysis of credit risk. This role provides detailed loan-level risk reviews and prepares relevant credit risk publications for business units, senior management, regulatory reporting, risk officers, management committees, the Board of Directors, and other stakeholders.

Responsibilities

• Evaluates credit risk of business activities to ensure compliance with related policies, procedures, limits, ratings, and guidelines.
• Assists in developing the departmental credit risk reporting framework to ensure accuracy and integrity of data and findings.
• Supports the development and management of internal statistical tools and matrices to effectively monitor, measure, and manage credit risk.
• Contributes to ad hoc requests including industry benchmarking, new product research, concentration analysis, or development of insights relating to credit risk profiles and trends.
• Ensures reporting processes are well controlled and documented; performs variance analysis between risk information and financial data as needed.
• Collaborates within the department to ensure consistency in processes, assumptions, definitions, and methodologies.
• Surfaces process improvement opportunities to resolve issues and optimize processes for better management, measurement, and monitoring of credit risk.

Requirements

• 3 years of experience in commercial loan review or commercial underwriting.
• Background in commercial real estate.

Preferred Qualifications

• 5+ years of experience supporting commercial real estate loans.
• Prior experience with bridge loans, construction loans, equipment finance, or fund finance.
• University degree.

Skills

• Advanced knowledge of credit underwriting and risk concepts.
• Strong technical aptitude.

Benefits

• Medical, dental, vision, and HSA/FSA.
• 401(k) savings plan.
• Paid holidays and generous PTO.
• Additional wellness and voluntary benefits.
• Tuition reimbursement.
• Commuter benefits.
• Life and disability insurance.

Pay

$98,000 - $128,000

Physical Requirements

Sedentary work.