Director of Allowance for Credit Losses

Job Title

Duties and Responsibilities include the following :

• Advises and assists department managers, officers, and staff in their respective functions associated with the areas for which he or she has direct responsibility.
• Identifies and analyzes areas of potential credit risk to the assets, earnings and repayment capacity of the borrowers.
• Monitors administration of the completion of the Allowance for Credit Loss Calculation including the review of individually evaluated loans and qualitative factors for collectively evaluated loans.
• Monitors administration of Subjective Adjustment Evaluation memo for current quarter facts and circumstances to ensure qualitative factors selected are adequately supported and directionally consistent with the current environment.
• Monitors and Maintains Compliance with related SOX Controls including, but not limited to loan extract datasets, charge offs and recoveries, loan modifications, unfunded commitment review, loan pooling structure, loan weighted average life calculation review, historical loss rates, methodology review, loans to be reviewed for individual evaluation, reasonable and supportable forecast period, qualitative factors and supporting allowance narratives, overall scorecard assumptions including changes to qualitative factor inventory as well as other key assumptions.
• Monitors administration of sensitivity testing of specific key assumptions and inputs.
• Monitors the administration of the ACL Model Testing Plan and ensures that model testing targets and scope are satisfied annually.
• Monitors the administration of the bank's independent model validation of the ACL and remediation of any findings on a timely basis.
• Monitors the Administration of the Current Expected Credit Loss (CECL) Model Documentation updates that are to occur at least annually or more often if required.
• Monitors the administration of potential new models under development including internal testing and documentation.
• Develops and implements policies and procedures that will ensure the effectiveness and productivity of the Department.
• Assists Credit Risk Management Department as needed to carry out objectives.

Supervisory Responsibilities

Directly supervises employees of the ACL Management Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Competencies

To perform the job successfully, an individual should demonstrate the following competencies :

Analytical and Design - Synthesizes complex or diverse information; Collects and researches data; Designs work flows and procedures; Demonstrates attention to detail.

Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully. Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.

Project Management - Coordinates projects; Manages project team activities.

Technical Skills - Strives to continuously build knowledge and skills; Shares expertise with others.

Interpersonal Skills / Customer Service - Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things; Manages difficult or emotional customer situations; Responds promptly to customer needs; Responds to requests for service and assistance; Meets commitments.

Oral and Written Communication - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings; Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively. Able to read and interpret written information.

Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.

Change Management and Delegation - Communicates changes effectively; Prepares and supports those affected by change; Delegates work assignments; Matches the responsibility to the person.

Leadership and Managing People - Exhibits confidence in self and others; Inspires and motivates others to perform well; Gives appropriate recognition to others; Includes staff in planning, decision-making, facilitating and process improvement; Takes responsibility for subordinates' activities; Makes self-available to staff; Provides regular performance feedback; Develops subordinates' skills and encourages growth; Continually works to improve supervisory skills.

Quality Management - Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.

Business Acumen - Understands business implications of decisions.

Diversity and Ethics - Promotes a harassment-free environment; Works with integrity and ethically.

Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity.

Judgment and Motivation - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions; Demonstrates persistence and overcomes obstacles.

Planning / Organizing - Prioritizes and plans work activities; Uses time efficiently; Organizes or schedules other people and their tasks.

Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position.

Quality and Quantity - Demonstrates accuracy and thoroughness; Completes work in timely manner.

Adaptability, Initiative and Innovation - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events; Looks for and takes advantage of opportunities; Asks for and offers help when needed; Generates suggestions for improving work Presents ideas and information in a manner that gets others' attention.

Attendance / Punctuality and Dependability - Is consistently at work and on time; Ensures work responsibilities are covered when absent; Arrives at meetings and appointments on time; Follows instructions, responds to management direction; Takes responsibility for own actions; Commits to long hours of work when necessary to reach goals. Completes tasks on time or notifies appropriate person with an alternate plan.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and / or Experience

Bachelor's degree (B. A.) from four-year college or university, Accounting or Finance degree preferred; ten or more years credit experience required; or equivalent combination of education and experience. Knowledge of Allowance for Credit Losses (ACL) accounting and methodology required.

Language Skills

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Mathematical Skills

To successfully perform this job, it requires the ability to calculate financial ratios including those ratios that measure liquidity, activity, leverage, coverage and profitability. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Reasoning Ability

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Computer Skills

To perform this job successfully, an individual should have knowledge of basic knowledge of computer applications such as nCino, Moody's, the Internet, Outlook, Microsoft Word and Microsoft Excel. Ability to use basic office machines. Ability to learn bank-specific software.

Bank Culture / Customer Service Skills

Promotes the Bank's culture, including the support of our Brand promise and Core Values. Ability and judgment to interact and communicate appropriately with other employees, customers and supervisor. Ability to serve customers, both internal and external, (community / public) in a manner that will reflect superior customer relations and enhance the overall marketing effort of Origin Bank.

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.

Other Skills and Abilities

Ability to read