Credit Risk Manager

Valley Bank•Saint Petersburg, FL

About The Position

The Credit Risk Manager will be responsible for maintaining oversight of portfolio monitoring requirements, client deliverables, and compliance with loan agreement terms. This includes financial reporting, covenant compliance, collateral monitoring, third-party reports, annual reviews, and managing maturing loans and lines of credit. The role involves validating and analyzing various financial reports, completing financial statement spreads, cash flow analysis, and collateral analysis. The Credit Risk Manager will also ensure accurate risk rating and monitoring of credits, collaborate on quarterly reports, underwrite new and existing client transactions, and participate in client and internal meetings. Additionally, the role requires performing due diligence, preparing credit presentations, and presenting credit requests to the appropriate authorities. Special projects related to portfolio management are also part of the responsibilities.

Requirements

Knowledge of credit underwriting, financial accounting and loan documentation.
Knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
Proficient 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.
Proficient credit skills.
Strong administrative skills.
Ability to write reports and business correspondence.
Ability to effectively present information and respond to questions.
High School diploma or GED.
Minimum of 3 years of experience in a commercial lending environment in a credit-oriented and underwriting position.

Nice To Haves

Bachelor's degree
Completion of a formal credit training program.

Responsibilities

Maintain oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit.
In coordination with the business team, coordinate client follow up as needed for account monitoring and administration.
Validate and analyze reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance.
Complete financial statement spreads and cash flow analysis, perform collateral analysis, and conduct research on industries/markets.
Escalate issues to appropriate levels and develop action plans as necessary.
Ensure credits are accurately risk rated and are properly monitored and reported.
Collaborate on preparation of all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
Underwrite new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
Participate in external client meetings as well as internal deal team discussions and approval discussions with senior management.
Perform the required due diligence and analysis, produce the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, and present credit requests to the required level of credit authority.
Participate in special projects and requests related to the management of the portfolio.