Credit Manager

Job Description

Job Description

Department : Credit – NY Region

Reports to : Chief Credit Officer

Onsite : New York, NY

Summary / Objective :

Responsible to supervise NYR Region Credit Department (the “Department”), review and endorse credit proposals, and handle inquiries from auditors, regulators and headquarter.

Essential Functions :

1. Direct the workflow of the Department and monitor the turnaround time of each project.

2. Review credit proposals to ensure the analysis is complete and the proposals comply with policy & procedure.

3. Approve new loan applications and annual loan reviews (as applicable), jointly with the Deputy CEO of Frontline, as per the Delegated Lending Authority set forth in the Credit Manual, Vol. 1.

4. Review real-estate appraisal and environmental reports during the loan application process.

5. Recommend (or approve, as applicable) commercial loan and trade service transactions (collateral, customer rating, facility rating, credit limit, loan agreement and loan advances) in the GCMS system.

6. Delegate staff to review loan documents prior to execution and loan closing, to ensure accuracy and compliance with approved terms and conditions and Bank policy.

7. Co-ordinate the loan reviews conducted by external loan reviewers and auditors; and handle queries.

8. Supervise weekly, monthly and quarterly reporting to Headquarter.

9. Monitor and report the status of classified loans monthly to Loan Committee.

10. Handle loan recovery actions; and coordinate with attorneys as necessary.

11. Manage NYR OREO portfolio.

12. Supervise the NYR Credit Department staff.

13. Provide training to Credit staffs internally and via outside professional development platform within Bank’s budget.

14. Perform other related duties and assignments as required.

Competencies :

In order to perform the job successfully, an individual should demonstrate the following competencies :

1. Language Skills. Ability to read and interpret documents (such as operating and procedure manuals); ability to write routine reports and correspondence; and ability to speak effectively to employees of the organization.

2. Mathematical Skills. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.

3. Computer Skills. To perform this job successfully, an individual should have knowledge of the software used by the bank.

4. Must be well organized and have excellent proof-reading ability.

5. Position requires independent judgment and performance of high-level tasks.

6. Analytical - synthesize complex or diverse information; collect and research data; and use intuition and experience to complement data.

7. Problem Solving - gather and analyze information skillfully; and develops alternative solutions.

8. Interpersonal Skills – be able to deal with customers and co-workers effectively under pressure and sensitive situations

9. Oral Communication - speak clearly and persuasively in positive or negative situations; and listen to and seek clarification.

10. Written Communication - write clearly and informatively.

11. Teamwork - exhibit objectivity and openness to others' views.

12. Ability to perform services in person from a Bank office or Branch to, among other things, access the Bank’s computer systems and engage in an interactive environment with co-workers.

Supervisory Responsibility :

Carry out supervisory responsibilities in accordance with the organization's policies and applicable procedures.

Required Education and Experience :

• Bachelor's degree (BA) from a four-year college or university.
• 10 years of related experience and / or training.
• Equivalent combination of education and experience.

Language / Communication Skills :

Must have advanced English language skills. Proficient Chinese language a plus.