Credit Risk Manager- CREValley Bank • Los Angeles, CA, US
Credit Risk Manager- CRE
Valley Bank • Los Angeles, CA, US
[job_card.variable_hours_ago]
[job_preview.job_type]
[job_card.full_time]
[job_card.job_description]
Job Description
Responsibilities include but are not limited to :
Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
Participates in external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority.
Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
Ensures credits are accurately risk rated and are properly monitored and reported.
Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
Participates in special projects and requests related to the management of the portfolio.
Required Skills :
Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
Strong knowledge of credit underwriting, financial accounting and loan documentation.
Strong knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
Strong computer skills using Microsoft Word, Excel and Outlook.
Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
Ability to manage time efficiently.
Strong mathematical skills.
Strong credit skills.
Strong administrative skills.
Ability to write reports and business correspondence.
Ability to effectively present information and respond to questions.
Required Experience :
High School diploma or GED.
Minimum of 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
Preferred Experience :
Bachelor's degree and completion of a formal credit training program.
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