Credit Risk Specialist

Extraco Banks, N.A.•Waco, TX

9h•Onsite

About The Position

The Credit Risk Specialist supports the SVP Director of Commercial Credit Management by overseeing the ordering and review of commercial appraisals and monitoring a portfolio of adversely graded and non-performing commercial and consumer credit relationships, with a mandate to maximize recovery and minimize loss through proactive restructuring, collateral realization, and disciplined exit strategies.

Requirements

Bachelor’s degree in finance, accounting, economics, or related field required; advanced degree or formal credit training preferred. (9+ hours of accounting preferred).
3+ years in commercial credit, special assets, loan review, collections, workout or commercial lending.
Strong financial statement and tax return analysis capabilities.
Proficiency in cash flow modeling, projections, sensitivity analysis, with analytical judgment and risk awareness.
Collaborative, team-oriented approach with the ability to negotiate, problem solve and balance risk perspectives.
Strong organization skills with ability to manage multiple complex assignments and deadlines with preferred working knowledge of loan documentation, collateral perfection, bankruptcy, and foreclosure.
High proficiency in spreadsheet tools and loan origination system databases. Administrative duties will be required for certain bank defined software systems.
Working knowledge of loan structures, documentation fundamentals, and relevant regulatory guidance.
Excellent written and verbal communication skills, including the ability to present to senior credit and line leadership.
Working knowledge of Microsoft Office products.
Be detail oriented, understand bank terminology, and possess good time management skills.

Nice To Haves

Appraisal and/or appraisal review preferred.

Responsibilities

Coordinate the ordering and review of commercial appraisals and communicate with appraisers regarding scope, concerns, or issues.
Maintain knowledge in appraisal regulation, loan policy and provide appraisal expertise to lending staff. Annual training and seminars will be a requirement.
Track, execute, and report on non-performing loans, charge-offs, recoveries, OREO, bank past dues, commercial collections & exceptions, delinquent taxes, and other key workout metrics; assist with preparing month-end and quarter-end portfolio reporting.
Manage and monitor assigned commercial (C&I/CRE), consumer and mortgage credits that exhibit elevated risk, covenant breaches, or early warning indicators, and recommend appropriate risk-rating actions.
Conduct comprehensive credit and collateral assessments; financial spreading, evaluate business cash flow and repayment capacity, conduct bank portfolio stress testing and annual reviews, CECL reserve analysis and NOAT process.
Support workout strategies on criticized and classified credits, including restructures, forbearance agreements, collateral liquidation plans, and other recovery strategies consistent with bank policy.
Prepare concise written credit memoranda and action plans for problem credits.
Partner with relationship managers, portfolio managers, credit leadership, and external legal counsel on documentation and execution of modifications, extensions, settlements, and other credit actions.
Support internal and external exam and audit requests related to criticized and classified assets, non-accruals, charge-offs, and recovery activities.
Maintain professional, constructive communication with Borrowers and Guarantors while balancing risk management and a community-focused mindset of the bank.