Sr. Credit Risk Associate

About the role

This position contributes to credit risk management projects and processes to ensure an appropriate framework exists for the monitoring, reporting, and analysis of credit risk. Applying advanced knowledge, strong technical aptitude, and understanding of credit underwriting and risk concepts, the role provides detailed loan-level risk reviews and contributes to the preparation of 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 the development of 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 and 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 optimizes processes to better manage, measure, and monitor 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.

Qualifications

• University degree preferred.

Physical Requirements

Sedentary work.

Pay

$98,000 - $128,000

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.