Description

The Credit Risk Manager will be responsible for assessing and managing credit risk across the bank's loan portfolio. The Credit Risk Manager will work closely with senior management, lenders, and other departments to ensure that the bank's credit policies and procedures are being adhered to.

ESSENTIAL FUNCTIONS

• Assist in developing, implement and maintain credit risk policies and procedures for the bank
• Manage a team of Credit Analysts and Credit Admins
• Adhere to turnaround time expectations for credit memos, covenant tests, and file reviews
• Analyze credit data and financial statements to evaluate the creditworthiness of potential borrowers
• Evaluate existing loans and assess the risk of default or delinquency
• Manage the loan portfolio to ensure it remains within acceptable risk limits
• Make recommendations for credit decisions to senior management and loan committees
• Stay up-to-date on regulatory requirements and ensure that the bank is in compliance with all relevant laws and regulations
• Work closely with the lending team to provide guidance and training on credit policies and procedures
• Monitor economic and industry trends to assess potential risks to the bank's loan portfolio
• Perform other duties as assigned by senior management.

ADDITIONAL RESPONSIBILITIES

• Perform other duties as assigned by bank management.

Qualifications

PHYSICAL ACTIVITIES REQUIRED TO PERFORM ESSENTIAL FUNCTIONS

This work is sedentary and requires the following physical activities:

• Sitting for long periods of time; occasional bending, squatting, kneeling, stooping; good finger dexterity and feeling; frequent repetitive motions; talking, hearing, and visual acuity.
• Frequent lifting (up to 10 pounds of paper supplies or minor office equipment).

NOTE: The above statements are intended to describe the general nature and level of work performed by an employee in this position. These statements are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees in this position.

ENVIRONMENT AND INTERACTION

Normal office environment.

• Reports To: Chief Risk Officer

PROFICIENCIES

• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person and over the phone.
• Basic word processing and computer database skills.
• Ability to learn and navigate computer systems and websites necessary to complete job description and other duties as assigned.
• Effective interpersonal skills with the ability to work with individuals and groups at all organization levels; ability to work independently and as part of a team.
• Ability to take initiative and prioritize tasks; good time-management, organizational, problem-prevention and problem-solving skills.
• Knowledge and understanding of banking rules, regulations, laws and all policies and procedures pertaining to them including but not limited to the Bank Secrecy Act.
• Ability to work accurately with close attention to detail.
• Ability to maintain confidentiality of sensitive information.
• Ability to study and apply new information.
• Ability to learn products, services and procedures quickly and accurately; explain concepts clearly to customers.
• Ability to establish credibility and rapport, be friendly and personable and look for ways to benefit the customer.
• Excellent customer contact skills; comfortable asking questions/interviewing customers about their financial situation; strong listening skills.
• Understand how to present features and benefits of products and services to customer’s needs.
• Must be self-motivated, assertive, and perform well in a team environment.
• Must be organized and maintain a positive demeanor in all situations.

EDUCATION AND EXPERIENCE

• Bachelor's degree in finance, accounting, economics or a related field
• 5 years of experience in a credit risk or supervisory role, preferably at a community bank
• Strong analytical and critical thinking skills
• Ability to communicate complex financial information clearly and concisely
• Strong attention to detail and ability to work under pressure
• Experience with loan underwriting and credit analysis
• Knowledge of banking regulations and compliance requirements
• Strong organizational and project management skills.