Sr. Credit Risk Manager (CRE)

Valley Bank•West Palm Beach, FL

About The Position

The Sr. Credit Risk Manager (CRE) is responsible for monitoring the financial health of an assigned loan portfolio, underwriting new and existing transactions, and managing client relationships in conjunction with the business team. This role involves leading client meetings, internal discussions, and presenting credit requests to senior management. The manager will also mentor junior team members, oversee due diligence, and ensure compliance with credit policies and loan agreements.

Requirements

Strong understanding of policies and procedures, underwriting guidelines and RACs.
Advanced knowledge of credit underwriting, financial accounting and loan documentation.
Advanced knowledge of deal structuring and ability to communicate this structure 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.
High School diploma or GED
Minimum of 7 years of experience in a commercial lending environment in a credit-oriented and underwriting position.

Nice To Haves

Bachelor's degree in a related field
Completion of a formal credit training program.

Responsibilities

Monitor the financial health of an assigned loan portfolio on a timely basis.
Maintain ongoing communication and dialogue with clients regarding credit-related reporting and business updates.
Underwrite and structure new prospective transactions, as well as renewals, extensions, increases, and modifications for existing clients.
Lead external client meetings and internal deal team discussions, including presentations to senior management.
Identify, outline, and mitigate risks associated with potential lending opportunities.
Advise on matters related to the Bank's Credit Policy and related procedures.
Provide guidance on loan structures and risk appetite.
Review credit packages completed by junior team members and provide mentorship.
Perform due diligence and analysis, produce credit presentations in accordance with guidelines and policy.
Ensure timely completion of underwriting.
Present credit requests to the required level of credit authority.
Oversee the legal documentation and closing process.
Approve transactions under individual lending authority, when applicable.
Maintain oversight of portfolio monitoring requirements and client deliverables through internal reporting and dashboards.
Ensure compliance with all terms of the loan agreement, including financial reporting, covenant compliance, collateral monitoring, required third-party reports, annual reviews, and maturing loans and lines of credit.
Coordinate with the business team to maintain direct contact with clients for account monitoring, administration, and site visits.
Validate and analyze reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, and engineering 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.
Participate in special projects and requests related to portfolio management.