Loan Policy Management Specialist

Fulton Bank • Manheim Township, PA

42d • Remote

About The Position

This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA. The Specialist - Loan Policy Management is responsible for the development, implementation, maintenance, and oversight of the organization's loan policies and procedures. This role ensures that lending activities are conducted in a safe and sound manner, adhering to regulatory requirements and aligning with the organization's risk appetite and strategic objectives, and will collaborate with various stakeholders, including lending teams, compliance, legal, and senior leadership.

Requirements

• Bachelor's Degree or the equivalent experience. Specialty: finance, business administration, economics, or a related field. (Required)
• 7 or more years banking and/or finance regulatory and risk management experience. (Required)
• 5 or more years commercial loan experience. (Required)
• 1 or more years of presentation experience. (Required)
• Strong understanding of lending regulations and compliance requirements. (Required)
• Excellent knowledge of loan underwriting principles and risk assessment techniques. (Required)
• Demonstrated ability to develop and implement effective loan policies and procedures. (Required)
• Strong analytical, problem-solving, and decision-making skills with the ability to apply strategic thinking. (Required)
• Excellent written and verbal communication skills with attention to detail in delivery. (Required)
• Ability to work independently and collaboratively. (Required)
• Proficiency in Microsoft Office Suite. (Required)

Nice To Haves

• 5 or more years commercial and retail lending experience. (Preferred)
• 2 or more years compliance and/or audit experience. (Preferred)

Responsibilities

• Develop, implement, and regularly review loan policies and procedures covering all lending areas (e.g., consumer, commercial, real estate, etc.). Ensure policies are comprehensive, clearly written, and address all relevant risk factors. Maintain an up-to-date policy manual.
• Stay abreast of current and evolving lending regulations (e.g., Reg B, Reg Z, HMDA, etc.) and incorporate necessary changes into loan policies and procedures to ensure compliance. Collaborate with the Compliance department on regulatory exams and audits.
• Conduct periodic risk assessments of the loan portfolio and identify potential areas of weakness. Develop and implement strategies to mitigate identified risks through policy adjustments and process improvements.
• Develop and deliver training programs to lending staff on loan policies, procedures, and regulatory requirements. Communicate policy changes and updates effectively to all relevant stakeholders.
• Establish and maintain a loan review process to assess loan quality and adherence to policies. Monitor key loan portfolio metrics and identify trends that may indicate emerging risks. Report findings to senior leadership.
• Work closely with lending teams, credit administration, legal, and compliance to ensure alignment on lending practices and risk management strategies. Participate in loan committees and other relevant meetings.
• Research and stay informed about industry best practices in loan policy and risk management. Recommend and implement changes to policies and procedures to incorporate best practices
• Prepare regular reports on loan portfolio performance, policy compliance, and risk trends for senior leadership and the board of directors.
• Participate in special projects related to lending, risk management, and strategic initiatives.
• This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Benefits

• This job is eligible to receive equity in the form of restricted stock units.
• This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.
• medical plans with prescription drug coverage
• flexible spending account or health savings account depending on the medical plan chosen
• dental and vision insurance
• life insurance
• 401(k) program with employer match and Employee Stock Purchase Plan
• paid time off programs including holiday pay and paid volunteer time
• disability insurance coverage and maternity and parental leave
• adoption assistance
• educational assistance and a robust wellness program with financial incentives.

What This Job Offers

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