Credit Risk Officer II, California

Fifth Third Bank • Los Angeles, CA

12d • Onsite

About The Position

Pursuant to the Bancorp Risk Framework, this role executes credit risk management strategies and policies. It involves exercising independent judgment, providing constructive and credible challenge to credit risk recommendations, managing and monitoring the credit risk portfolio, approving credit exposure, and offering feedback on proper structuring and pricing. The position monitors ongoing credit administration and attends LOB pipeline meetings to ensure credit standards are followed across assigned business segments. It also involves participating in customer calls as needed and monitoring credit quality through forward-looking analysis and system-generated reports. The role is responsible and accountable for credit risk management and constructive, credible challenge by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures. Accountability extends to always doing the right thing for customers and colleagues, ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, the role achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

• Bachelor's Degree in Finance, Business Administration, or Accounting.
• Ten+ years of related credit experience.
• Financial and credit analysis including portfolio management.
• Knowledge of the banking industry, relevant banking regulation, commercial banking, capital markets, and treasury management products and the associated risks.
• Proficient in basic spreadsheet applications such as Excel, Word, etc.
• Demonstrated ability to learn and understand various computer systems.
• Excellent communications and organizational skills.
• Excellent people/relationship building skills.

Nice To Haves

• Master's Degree preferred.

Responsibilities

• Approve or reject most complex loans within delegated authority and approved risk limits, including those involving difficult questions of policy or credit risk.
• Ensure that policies, including enterprise-level policies, appropriately reflect the Bank’s credit risk appetite and are approved and reviewed in an appropriate and timely manner, with Line of Business (LOB) input.
• Advise credit and loan personnel on the company's overall policy, noting significant forward-looking trends and recommending policy changes if necessary.
• Provide necessary forward-looking review for ongoing maintenance of credit exposure as applicable.
• Review and challenge credit approval packages for loans approved within the LOB’s lending policies, limits, appetite, and delegated authorities.
• Collaborate with the LOB to develop and execute action plans to return relevant credit exposure to a level within credit risk appetite in the event of a limit breach.
• Provide effective, credible challenge on client selection, risk identification/mitigation, and adherence to risk appetite, policies, and underwriting standards.
• Participate in LOB deal screens to ensure engagement and provide early constructive feedback on opportunities.
• Review periodic Bancorp credit quality reports to assess assigned LOB’s adherence to the Bank’s credit risk appetite and business objectives.
• Attend and provide effective, credible challenge to the LOB in various meetings, including administrative loan meetings and portfolio review meetings.
• Provide information, analysis, and credit risk and portfolio recommendations to the Senior Credit Officer.
• Represent Bancorp in high-level customer interaction as well as community affairs.
• Adjudicate requests to change regulatory classifications, both for upgrades and downgrades.
• Oversee and challenge the LOB regarding the timeliness of transfers to the Special Assets Group.
• Identify portfolio trends such as increasing concentration risks, increasing industry risks, increasing material underwriting exceptions, and emerging risks using both internal and external data.
• Determine a Direction of Risk (DOR) and Level of Risk (LOR) for the portfolio, along with actions to reduce risk or strengthen risk management, ensuring lessons learned are identified and operationalized.
• May supervise others, providing timely, candid, and constructive performance feedback, developing employees, and ensuring adequate bench strength and succession planning.

Benefits

• Comprehensive benefits
• Differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

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