Credit Risk Manager - Middle Market C&I - Los Angeles / Chicago

Valley Bank•Chicago, IL

About The Position

The Credit Risk Manager underwrites and structures new prospective transactions and manages renewals, extensions, increases, and material modifications or amendments for existing clients. The role participates in external client meetings, internal deal-team discussions, and credit approval discussions with senior management. It identifies and mitigates lending risks, advises on the Bank’s Credit Policy and related procedures, and guides loan structures and risk appetite. The position conducts due diligence and analysis, prepares credit presentations in accordance with guidelines and policy, completes underwriting within required timelines, and presents credit requests to the appropriate level of credit authority. It oversees portfolio monitoring and client deliverables, including financial reporting, covenant compliance, collateral monitoring, third-party reports, annual reviews, and maturing loans and lines of credit. In coordination with the business team, the role maintains client contact for account monitoring and administration and conducts site visits as needed. The Credit Risk Manager validates and analyzes financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, and other reports to verify compliance. The role escalates issues, develops action plans, ensures credits are accurately risk rated and monitored, prepares quarterly and other portfolio management reports, including Criticized Loan Monitoring Reports, and participates in special portfolio-management projects and requests.

Requirements

High school diploma or GED.
At least 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
Strong understanding of policies and procedures, underwriting guidelines, and RACs.
Strong knowledge of credit underwriting, financial accounting, and loan documentation.
Strong knowledge of deal structuring and ability to communicate deal structures to lenders.
Strong computer skills using Microsoft Word, Excel, and Outlook.
Strong interpersonal and social skills 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.
Completion of a formal credit training program.

Responsibilities

Underwrite and structure new prospective transactions, renewals, extensions, increases, and material modifications or amendments for existing clients.
Participate in external client meetings, internal deal-team discussions, and approval discussions with senior management.
Identify, outline, and mitigate risks associated with potential lending opportunities.
Advise on the Bank’s Credit Policy and related procedures, and provide guidance on loan structures and risk appetite.
Perform due diligence and analysis, prepare credit presentations in accordance with guidelines and policy, complete underwriting on time, and present credit requests to the required level of credit authority.
Oversee portfolio monitoring requirements and client deliverables through internal reporting and dashboards.
Monitor compliance with loan agreement terms, including financial reporting, covenants, collateral, third-party reports, annual reviews, and maturing loans and lines of credit.
Coordinate with the business team to maintain client contact for account monitoring and administration and conduct site visits as needed.
Validate and analyze financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, and other reports to verify compliance.
Escalate issues to appropriate levels and develop action plans as necessary.
Ensure credits are accurately risk rated, monitored, and reported.
Prepare required quarterly reports and analysis, including Criticized Loan Monitoring Reports, and other portfolio management reports as required.
Participate in special projects and requests related to portfolio management.