Commercial Payments Portfolio Risk Analyst

Commerce Bank•Kansas City, MO

3d•$82,000 - $109,000•Onsite

About The Position

The Commercial Payments Portfolio Risk Analyst will be responsible for ensuring proper credit & risk oversight for the Commercial Payment Products area of Commerce Bank. The Portfolio Analyst is responsible for underwriting and credit review of high dollar commercial payment products to customers largely on unsecured terms. The Commercial Payments portfolio is comprised of commercial card, merchant bankcard and other commercial payment products, including credit and non-credit based product offerings. The position will work with individual customer accounts in addition to performing segmented analytics on various Commercial Payments portfolios and industries from a credit and risk standpoint. Commercial Payments Portfolio Risk Analysts are an important part of the overall risk management and oversight program at Commerce Bancshares, Inc.

Requirements

Intermediate understanding of corporate/legal structures and corporate governance documents and their respective relationships to effectively bind necessary borrowers
Intermediate working knowledge of business intelligence, data mining, analytics, transmissions, and strategy
Intermediate working knowledge of performance measures and management reports
Intermediate skill working with predictive credit scoring and modeling
Intermediate skill interpreting commercial and consumer credit reports and data and using that information to make credit decisions and recommendations
Intermediate knowledge of statistical modeling and its impact on policies, procedures, governing principles, and credit tools
Knowledge of Generally Accepted Accounting Principles (GAAP)
Knowledge of commercial and retail lending documentation and regulations
Intermediate skill spreading complex financial statements into the bank’s spread system software and other models which include financial default projections
Ability to develop knowledge of and maintain software that the Commercial Payments Credit & Risk Department uses in its daily activities (TSYS, Salesforce, Content Manager, etc.). This may include meeting with vendors, attending forums and conferences, and informing the remaining team members of changes and upgrades
Ability to learn Commerce products, organization structure, strategic initiatives, management philosophy, and corporate culture
Demonstrated results-oriented and the ability to maintain high customer service standards
Intermediate presentation skills
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate knowledge of Microsoft Office Products
Bachelor’s degree in Accounting, Finance, Economics, or Business Management or equivalent combination of education and experience required
3+ years of credit review, underwriting, regulatory, or credit risk management experience required

Responsibilities

Underwrite requests within the Analyst’s approval authority making independent judgmental decisions and make effective recommendations to the Credit Manager, Commercial Payments Credit & Risk Officer, or Loan Committee which exceed the Analyst’s authority.
Review portfolio reports (daily/weekly/monthly) for the various products in order to proper identify problem accounts and take appropriate action to reduce the bank’s risk of loss.
Analyze and evaluate complex commercial credits and utilize credit processes and systems to assign the appropriate risk rating
Utilize third party resources such as D&B, Equifax, Moody’s, S&P, IBIS World, AM Best, Bloomberg, etc. to evaluate risk on accounts & portfolios
Identify existing or emerging risks and issues within credit portfolio segments
Ensure compliance with established policies, procedures, laws, and regulations
Planning participative and adequate credit reviews utilizing a risk-based approach
Prepare portfolio reports summarizing the various portfolios from classified, non-performing, risk rating, delinquency, and loss standpoints in addition to performing other portfolio research and presenting those findings to senior management
Provide ongoing feedback to the senior management regarding existing or emerging risks or issues
Assist in strategic planning for the department’s key initiatives, identifying portfolio risks that should be targeted for review, developing scoping methodologies to sample portfolio segments, and improving work methodologies to make the team more efficient and productive in accordance with regulatory compliance and credit policy
Maintain knowledge of and control over the review progress and resolution of review issues and communicate progress or problems to senior management as deemed necessary
Work with Account Managers on select accounts and ensure compliance with credit policy
Identify existing or emerging risks and issues within credit portfolio segments
Support the development of lower-level analyst’s skills and abilities so they can fulfill their current or future job responsibilities more effectively
Prepare questions for interviews with current and prospective customers concerning their financial performance and outlook
Handle interviews and questioning with CFO’s, Treasurers, and Controllers necessary to complete necessary due diligence
Utilize technology to improve the efficiency and effectiveness of complex financial reviews
Improve existing workflows by recommending strategies and executing champion/challenger methodologies to better effectively mitigate risk on existing commercial payments portfolios
Oversee special projects as assigned and communicate conclusions verbally and/or in writing
Perform other duties as assigned