Credit Risk Officer CRE

Credit Risk Officer CRE

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people. Here at IDB, you'll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

Job Description

For all credit granting business units determined to fall under the credit risk departments responsibility, the Credit Risk Officer ("CRO") will :

• Provide an opinion on the acceptability of any credit proposal which meets the threshold for CRO review per loan policy. For credits requiring Credit Committee approval this is to be a written opinion which outlines the basis for the recommendation. Recommendations can be to support or decline and may carry conditions.
• Opine on the accuracy of the risk rating on all credits presented to a CRO for review.
• Provide guidance to the account officer and business unit management for all prospective credit requests. Guidance to include feedback on creditworthiness, loan structuring, compliance with bank policy and assessing the completeness and accuracy of the credit underwriting. This guidance is to come in conjunction with that of the business unit management.
• Identify all "at risk" credits (risk rated 6W or worse) and credits noted for Extra Attention in conjunction with the line officers and assure that they are properly reported at the quarterly watch list meetings. Specific guidance on action plans and remedial efforts is expected.
• The CRO will monitor the portfolio performance of their assigned units for the below credit quality measures, when such information is available :
• Weighted average risk ratings
• Risk rating changes / migrations
• Past due items
• Non-accruals
• Charge offs / recoveries
• Expired and expiring lines
• Overdrafts
• Over lines and over advances
• The CRO will provide input to management on the adequacy of the Bank's Credit Policy.
• The CRO will provide input to business line management on the credit skills of line unit staff and when appropriate will offer training and / or guidance on credit related issues to the line unit staff.
• The CRO will assist management in portfolio review activities as a special project if a specific concern arises.
• The CRO is expected to remain current on financial and market trends which would impact the credit portfolios served as well as general credit risk issues in the industry.

Qualifications

Additional Information

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank :

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual's accommodation needs; potential accommodations that may address the individual's accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee's request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

All your information will be kept confidential according to EEO guidelines.

We are operating on a Hybrid schedule.

NO AGENCIES PLEASE.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.