Credit Risk Manager - Middle Market, Ft. Lauderdale, FL

Valley Bank • Fort Lauderdale, FL

84d

About The Position

The position involves underwriting and structuring new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients. The role requires participation in external client meetings and internal deal team discussions, identifying and mitigating risks associated with potential lending opportunities, and providing guidance on loan structures and risk appetite. The candidate will perform due diligence and analysis, produce credit presentations, and maintain oversight of ongoing portfolio monitoring requirements and client deliverables.

Requirements

• 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.

Nice To Haves

• Bachelor's degree and completion of a formal credit training program.

Responsibilities

• 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 and internal deal team discussions, identifying, outlining, and mitigating risks associated with potential lending opportunities.
• Advises on all matters related to the Bank's Credit Policy and related procedures, providing guidance on loan structures and risk appetite.
• Performs required due diligence and analysis, produces credit presentations in accordance with guidelines and policy, ensuring timely completion of underwriting.
• Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables.
• Ensures compliance with all terms of the loan agreement including financial reporting, covenant compliance, collateral monitoring, required third party reports, annual reviews, and maturing loans.
• Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, and engineering reports 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.
• Participates in special projects and requests related to the management of the portfolio.

What This Job Offers

• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees