Credit Review Officer - Payments or Counterparty

KeyBank • For Those Who Work At Home, OH

6d • Hybrid

About The Position

Credit Risk Review (CRR) is considered part of the second line of defense. CRR is accountable to the organization’s Chief Risk Officer and KeyCorp Board of Directors and is responsible for performing the organization’s loan review function. This is accomplished through completion of an annual review plan, which may include both periodic and continuous file review. The CRR team is responsible for ensuring accurate and timely risk ratings to assess the credit quality and identification or confirmation of problem credit exposures. The team is also accountable for providing an objective, independent and timely assessment of the overall quality of the loan portfolio. The team is responsible for evaluating the activities of lending personnel and management, including compliance with lending policies and the quality of their loan approval, monitoring, and risk assessment. Lastly, the team will perform continuous loan review and monitoring including interaction with Line of Business executives and Credit Risk Management to identify potential shifts in credit risk. The Credit Review Officer will work with a team of reviewers to conduct individual credit file reviews to assess the quality of underwriting and portfolio management activities of the lending relationship and principally to independently validate and, if necessary, adjust the risk ratings; perform active, dynamic, and comprehensive credit risk intelligence with the ability to leverage insights to determine loan sample selection; identify loans with potential or well-defined weaknesses; perform timely and comprehensive analysis to identify trends that affect the quality of the loan portfolio and potential problem areas; assess the adequacy of and adherence to internal credit policies and procedures and monitor compliance with applicable laws and regulations; and maintain an up-to-date working knowledge of credit review methodologies and regulatory expectations. During the course of a credit risk review, the Credit Review Officer, in addition to individual credit file reviews, will be asked to lead a team of reviewers, conduct reviews of credit portfolios, provide appropriate review and challenge, and write reports of conclusions and recommendations resulting from the reviews. The Credit Review Officer will be an advisor to junior team members. The role is also inclusive of participation in special projects, and the completion of ongoing credit risk intelligence activities and related training.

Requirements

• Demonstrate advanced credit skills including the ability to independently assign risk ratings based on external regulatory guidance and Key’s internal policies and risk rating methodologies.
• Demonstrate ability to accurately assess client’s creditworthiness and complete independent financial analysis.
• Exhibit ability to work independently towards goals, seeking information and collaborating, as necessary.
• Consistently demonstrate advanced business writing skills and the ability to cohesively present information effectively to others including the delivery of findings and other credit risk matters to senior management.
• Prioritize and execute multiple assignments.
• Identify obstacles within the scope of assignments.
• Proactively communicate delays in assigned deliverables or additional capacity availability.
• Effectively delegate work when necessary.
• Exhibit leadership skills by leading reviews or ad-hoc projects including managing project staff and delivering feedback on performance.
• Exhibit an advanced understanding of lending products and business, industry and regulatory concepts and be considered a Subject Matter Expert (SME) in a specific lending discipline, product, or line of business.
• Develop relationships with internal bank clients.
• Thoughtfully engage in networking with members of your team and across Key, to build lasting relationships.
• Demonstrate the ability to perform in an organizational culture of respect and personal accountability regarding Inclusion and Belonging.

Nice To Haves

• Bachelor’s Degree
• Master’s Degree
• Relevant professional certification (ProSight/RMA Credit Risk Certification (CRC) or Moody’s Analytics Certificate in Commercial Credit (CICC))

Responsibilities

• Conduct individual credit file reviews to assess the quality of underwriting and portfolio management activities.
• Independently validate and adjust risk ratings.
• Perform credit risk intelligence and determine loan sample selection.
• Identify loans with potential or well-defined weaknesses.
• Perform timely and comprehensive analysis to identify trends affecting the loan portfolio quality and potential problem areas.
• Assess the adequacy of and adherence to internal credit policies and procedures.
• Monitor compliance with applicable laws and regulations.
• Maintain an up-to-date working knowledge of credit review methodologies and regulatory expectations.
• Lead a team of reviewers.
• Conduct reviews of credit portfolios.
• Provide appropriate review and challenge.
• Write reports of conclusions and recommendations.
• Act as an advisor to junior team members.
• Participate in special projects.
• Complete ongoing credit risk intelligence activities and related training.

Benefits

• Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
• List of benefits for which this position is eligible (link provided in original posting).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level