Hybrid Manager, Credit Risk Review

Posted 3 months ago

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About the role

  • Manager Credit Risk Review at Webster, a leading commercial bank, focusing on credit quality and loss exposure assessment. Responsible for conducting credit risk reviews and managing the review team.

Responsibilities

  • Conduct credit risk reviews in accordance with CRR policy and procedures
  • Primary responsibility for managing all aspects of assigned reviews including planning, fieldwork and recommending appropriate ratings and formal recommendations as needed
  • Manage reviews/review team on an independent basis; may complete specialized reviews on an individual basis
  • Verify work of other reviewers and assure consistency
  • Complete reviews within established time frames
  • Maintain specific areas of subject matter expertise (i.e. CRE, C&I, Sponsor & Specialty, ABL, Equipment Finance, Public Finance, Treasury Investments, etc.) and be responsible for the ongoing education of other department members in these areas
  • Conduct ongoing/continuous monitoring of assigned portfolios per CRR Policy
  • Evaluate effectiveness of management processes in the various portfolios
  • Based on results, proactively recommend if change to review frequency is warranted
  • Interaction with business unit leaders, executive management as well as regulators and auditors
  • Use credit and financial information to verify the credit worthiness of existing borrowers
  • Assess adequacy of current risk ratings and accrual status
  • Assess relationship manager/underwriter compliance with bank policy
  • Verify the adequacy and completeness of credit files
  • Provide consultative feedback to relationship managers and unit managers relative to credit/loan quality issues arising from reviews
  • Participate in the development and training of less experienced team members
  • Assist with the completion of summary reports for executive management and Risk Committee.

Requirements

  • Bachelor’s degree in Finance, Accounting, or Economics, or equivalent
  • Graduate degree or Professional certification a plus
  • 7+ years of experience working in financial institutions or regulatory supervisory positions
  • Strong commercial financial statement analysis and experience with risk rating methodologies
  • Understanding of commercial credit process such as loan origination, underwriting, credit policies, and portfolio management.

Benefits

  • health insurance
  • retirement plans
  • paid time off
  • flexible work arrangements
  • professional development opportunities
  • incentive compensation

Job title

Manager, Credit Risk Review

Job type

Experience level

SeniorLead

Salary

$120,000 - $130,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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