Manager Credit Risk Analysis
About The Position
The Manager, Credit Analysis will have primary responsibility for management and oversight of the depository and CDFI credit team. The team consists of two additional analysts and is responsible for the credit requirements related to the Bank’s depository and CDFI members. Responsibilities include the support of the Bank’s mission critical models for depositories and all associated policies and processes. Closes a critical management gap in depository/CDFI credit risk oversight, enabling faster risk rating decisions and stronger analyst development across a 445-bank, 103-credit union, 9-CDFI portfolio. Frees senior leadership capacity for board, regulatory, and strategic priorities by shifting day-to-day team management and brief oversight to a dedicated manager. Strengthens succession and bench depth, pairing an experienced SME manager with existing analysts to accelerate their leadership readiness.
Requirements
- Bachelor’s degree in Finance, Accounting, Management, Economics or other business-related discipline.
- 5-10 years of experience in credit underwriting of financial institutions.
- Excellent interpersonal communication skills (written, oral, and listening) are required.
- Strong analytic abilities, including credit underwriting experience, the ability to manipulate large data sets, and robust modeling skills.
- At ease working within a team-based environment.
- Time management and an ability to display initiative are necessary.
- Must be self-directed with high energy level.
- MS Office products.
Nice To Haves
- MBA or other Master’s level degree preferred.
- Tableau, VBA, R, S&P CapIQ, and Bloomberg experience is a preferred.
Responsibilities
- Management responsibilities of a team of two credit analysts which includes priority setting, skill development and performance management.
- Perform analysis on and recommend approval for new and/or continuing borrowers.
- Lead team through quarterly credit analysis and risk rating of borrowers.
- Recommend credit and collateral terms for depositories and CDFIs.
- Work with Relationship Managers and borrowers on risk mitigation strategies and structures.
- Develop and manage internal models for assessing credit risk and assigning risk ratings.
- Develop and implement credit underwriting standards for borrowers.
- Monitor economic trends and regulatory developments and their impact on borrowers.
- Report to regulators, senior management, and Credit Committee.
- Work with IT on credit systems and with other teams in the Bank on strategic projects.
- Provide active management and thought leadership to your immediate team to aide in their development in credit underwriting, analytic skills and leadership development.
- Surveillance of existing depository and CDFI members for material changes in credit quality.
- Analyze the creditworthiness of financial institutions that pose an elevated credit risk to the Bank and make appropriate recommendations.
- Maintain and develop credit models to support the analytics regime supporting the Credit risk rating process.
- Foster collaborative relationship with our Sales team to support of our financial institution members and counterparties.
Benefits
- Highly competitive compensation and bonus package
- Comprehensive benefits program
- Retirement program (401k and Pension)
- Medical, dental and vision insurance
- Lifestyle Spending Account
- Competitive PTO plan
- 11 paid holidays per year
- Professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement
- Allocation of remote days
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What This Job Offers
Job Type
Full-time
Career Level
Manager
