Collateral Risk Manager

2 weeks ago

Indiana, Pennsylvania, United States First Commonwealth Bank Full time

Position Overview
This pivotal role is dedicated to overseeing and managing all aspects of the Secured Credit Division, with a focus on evaluating collateral for the bank's larger and more intricate commercial accounts.

Department Functions
The responsibilities of this division encompass appraisal oversight, approval of construction loan advances, monitoring of secured (asset-based) lending, and administration of dealer floor plans. Additionally, the Secured Credit Manager acts as the environmental risk officer for the institution.

Key Responsibilities

  • Provide strategic leadership and guidance to the Secured Credit team, ensuring comprehensive management of departmental functions.
  • Develop and implement training initiatives, including cross-training on credit evaluation as needed.
  • Draft and maintain policies related to Real Estate, Secured Lending, and Dealer Floor Plans, along with associated procedures.
  • Establish a robust internal control framework and ensure compliance with regulatory standards.
  • Negotiate and uphold service level agreements with business units, clarifying expectations for priorities and performance metrics.
  • Proactively address client concerns through direct engagement with borrower executives.
  • Conduct thorough reviews and analyses of environmental assessments, making informed decisions on transactions involving identified risks.
  • Collaborate with lenders and Credit Administration to structure deals, terms, and conditions effectively.
  • Serve as a knowledgeable resource for Senior and Officers' Loan Committees during meetings.
  • Manage the 'Secured Credit Comments' section of credit packets, providing insights on collateral quality and recommendations for improvements.
  • Prepare and present detailed reports to Senior Loan Committees, emphasizing areas of potential risk.
  • Create and maintain various analytical tools, including Excel templates for budget tracking and cash flow analysis.
  • Participate in integration teams for new acquisitions as assigned.
  • Negotiate contracts with vendors for professional services and software solutions.
  • Maintain a deep understanding of the core loan system to address coding issues and other operational challenges.
  • Assist in the documentation and onboarding of monitored loans.
  • Occasionally travel to engage with clients or assess construction projects.
  • Develop tracking systems as necessary to enhance departmental efficiency.
  • Continuously seek opportunities for process improvements and efficiencies.
  • Respond to inquiries from auditors and examiners, ensuring transparency and compliance.
  • Prepare departmental budgets and assess resource needs, subject to approval.

Appraisal Management Duties

  • Manage the Approved Appraiser List, including vendor selection and performance monitoring.
  • Define the scope of appraisal engagements and maintain necessary documentation.
  • Oversee appraisal reviews to ensure adherence to established guidelines.
  • Act as the content administrator for the appraisal management platform, ensuring effective configuration and testing.
  • Demonstrate expertise in major valuation methods and perform complex appraisal reviews.

Construction Loan Responsibilities

  • Manage the Approved Inspectors List and determine inspection scopes based on project specifics.
  • Stay informed on construction law and evaluate contractor payment applications.
  • Approve advances on significant construction projects, ensuring budget compliance and monitoring for delays.

Secured Lending Duties

  • Oversee verification of borrowing capacity for credit lines through detailed analysis of client assets.
  • Implement safeguards to minimize risks associated with over-advances.
  • Identify and evaluate field examination firms.

Dealer Floor Plan Responsibilities

  • Manage loan exceptions related to vehicle valuations and maintain industry knowledge.
  • Analyze floor plan audit reports to identify potential credit risks.

Qualifications

  • A Bachelor's degree in Finance or Accounting is essential; an MBA is preferred.
  • Specialized training in asset monitoring and valuation is required.
  • Thorough understanding of real estate appraisal methodologies is necessary.
  • Knowledge of regulatory environments related to commercial lending is crucial.
  • Demonstrated leadership abilities in a team-oriented setting.
  • Strong analytical skills and proficiency in Microsoft Office are required.
  • A valid driver's license and willingness to travel are necessary.

Equal Opportunity Employer
This organization is committed to maintaining a diverse workforce and does not discriminate against any employee or applicant based on their inquiries or discussions regarding compensation.

  • Credit Risk Auditor

    2 weeks ago

    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Overview:Nomura is a prominent global financial services organization with a comprehensive network that spans approximately 30 countries and regions.By bridging markets between East and West, Nomura addresses the needs of individuals, institutions, corporations, and governments through its three primary business divisions: Wealth Management, Investment...

  • Credit Risk Auditor

    2 weeks ago

    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Overview:Nomura is a prominent global financial services organization with a comprehensive network that spans around 30 countries and regions.By bridging markets across East and West, Nomura addresses the needs of individuals, institutions, corporations, and governments through its three primary business sectors: Wealth Management, Investment Management, and...

  • Credit Risk Auditor

    2 weeks ago

    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Overview:Nomura is a prominent global financial services organization with a comprehensive network that spans approximately 30 countries and regions.By bridging markets across East and West, Nomura addresses the needs of individuals, institutions, corporations, and governments through its three primary business sectors: Wealth Management, Investment...

  • Asset-Based Lending Supervisor

    2 weeks ago

    Indiana, Pennsylvania, United States First Commonwealth Bank Full time

    Position OverviewThis pivotal role is accountable for overseeing and managing all aspects of the Secured Credit Division, with a focus on monitoring collateral for the bank's larger and more intricate commercial accounts. Department FunctionsThe responsibilities of this division encompass appraisal oversight, approval of construction loan advances,...

  • Credit Services Representative

    1 day ago

    Indiana, Pennsylvania, United States First Commonwealth Bank Full time

    Job SummaryWe are seeking a highly skilled Credit Services Representative to join our team at First Commonwealth Bank. As a key member of our loan servicing department, you will be responsible for ensuring the integrity of all collateral and loan files, processing daily paid loan files, and providing exceptional customer service.Key ResponsibilitiesProcess...

  • Safety Director

    6 days ago

    Indiana, Pennsylvania, United States Ballard Marine Construction Full time

    About the RoleThis is a challenging opportunity for a seasoned Safety Director to join Ballard Marine Construction and lead our safety initiatives. As a key member of our team, you will be responsible for ensuring a safe and healthy work environment for all employees.Key ResponsibilitiesDevelop and Implement Safety Policies: Develop and oversee the...

  • Financial Management Analyst

    1 week ago

    Indiana, Pennsylvania, United States Nomura Holdings Full time

    Company Overview:Nomura Holdings is a prominent financial services organization with a robust presence across Asia and a global network that spans over 30 countries. By bridging markets between East and West, Nomura caters to the diverse needs of individuals, institutions, corporations, and governments through its three primary business segments: Retail,...

  • KYC Investigations Manager

    2 weeks ago

    Indiana, Pennsylvania, United States Amazon Full time

    Are you ready to take the next step in your operations career?Amazon is seeking a seasoned Manager with a keen interest in investigations and a commitment to continuous learning to oversee a team of investigators in a remote work environment.This position will require collaboration across various departments to ensure compliant solutions for multiple Amazon...

  • Senior Program Management Analyst

    2 weeks ago

    Indiana, Pennsylvania, United States Barbaricum Full time

    Company Overview:Barbaricum is a dynamic government contractor dedicated to providing innovative support to federal clients, particularly in the realms of Defense and National Security. With over 15 years of experience, we have established robust capabilities across various domains including Intelligence, Analytics, Engineering, Mission Support, and...

  • Crisis Management Advisor

    2 weeks ago

    Indiana, Pennsylvania, United States DFAS Full time

    At the Defense Finance and Accounting Services (DFAS), our objective is to spearhead the Department of Defense in financial operations by guaranteeing the provision of effective, high-quality payroll and financial data.Essential Qualifications:Applicants must possess a minimum of one year of specialized experience that is equivalent in complexity and...

  • Chief of Emergency Management and Safety Operations

    7 days ago

    Indiana, Pennsylvania, United States Ball State University Full time

    Position Title: Director of Emergency Management and Safety OperationsAbout this Role:The Director of Emergency Management and Safety Operations (DEMSO) plays a vital role within the leadership team of Business and Auxiliary Services. This position serves as a key leader for the Emergency Assessment Advisory Team and acts as a liaison to the Enterprise Risk...

  • Assistant General Manager

    2 weeks ago

    Indiana, Pennsylvania, United States IOL Chemicals And Pharmaceuticals Limited Full time

    IOL CHEMICALS AND PHARMACEUTICALS LIMITEDJOB DESCRIPTIONPOSITION TITLE :Assistant General Manager - ProjectsLOCATION :Not SpecifiedDEPARTMENT :Engineering SUB-DEPTT :ProjectJOB TYPE :Full time / Contract Job ReqID :660Job Overview:We are in search of a highly experienced Assistant General Manager (AGM) Projects to oversee and direct our API manufacturing...

  • Investigations Team Manager

    2 weeks ago

    Indiana, Pennsylvania, United States Amazon Full time

    Position Overview:As a vital part of our operations, the Investigations Team Manager will lead a dedicated group of investigators in a remote working environment. This role is crucial for ensuring compliance and delivering effective solutions across various business units within Amazon Payments.Key Responsibilities:1. Oversee and coordinate the activities of...

  • Maintenance Operations Manager

    2 weeks ago

    Indiana, Pennsylvania, United States Marmon Holdings, Inc Full time

    Join a dynamic team where our people are our greatest asset. As part of Marmon Holdings, Inc., a highly decentralized organization, we are dedicated to attracting and retaining exceptional talent with the right skills and mindset to drive our success.Position Overview:Collaborate closely with the factory team to implement effective Breakdown, Preventive, and...

  • Maintenance Operations Manager

    2 weeks ago

    Indiana, Pennsylvania, United States Marmon Holdings, Inc Full time

    Company Overview:Marmon Holdings, Inc. is a highly decentralized organization that values individuals with the right aptitude, attitude, and entrepreneurial spirit to drive success. We are dedicated to attracting and retaining top talent in our workforce.Position Summary:The Maintenance Operations Manager will collaborate closely with the factory team to...

  • Assistant Manager

    2 weeks ago

    Indiana, Pennsylvania, United States Yara International ASA Full time

    Position Overview: We are seeking a dedicated and skilled individual to join our team as an Assistant Manager in the Electrical Operations department. This role is pivotal in ensuring the smooth functioning of our maintenance activities while adhering to safety protocols.About Yara: Yara International ASA is a global leader in sustainable agriculture,...

  • Senior Manager of Procurement Processes

    2 weeks ago

    Indiana, Pennsylvania, United States Bunge Iberica SA Full time

    Position Title: Senior Manager of Procurement ProcessesCompany Overview: Bunge Iberica SA is a prominent player in the global agribusiness and food sector, operating across numerous countries with a diverse workforce.Role Overview: The Senior Manager of Procurement Processes will oversee the management and governance of the Procure to Pay (PTP) processes,...

  • Sustainability Analytics Services Manager

    2 weeks ago

    Indiana, Pennsylvania, United States Bunge Iberica SA Full time

    Position Overview:The Sustainability Analytics Services Manager will oversee the Sustainability Analytics Business Engagement and stakeholder management, which includes requirement gathering, prioritization, scoping, and elicitation. This role demands subject matter expertise and the ability to construct functional solution architecture for various analytics...

  • Cost Control and Planning Specialist

    2 weeks ago

    Indiana, Pennsylvania, United States Bechtel Oil, Gas & Chemicals Incorporated Full time

    Company Overview:Since its inception, Bechtel Oil, Gas & Chemicals Incorporated has been at the forefront of delivering over 25,000 projects across 160 countries, contributing to job creation, economic growth, and the enhancement of global infrastructure. Our commitment to excellence is reflected in our dedicated workforce and our unwavering pursuit of...

  • Senior Vice President, Private Equity Fund Management

    2 weeks ago

    Indiana, Pennsylvania, United States Bank of New York Mellon Corporation Full time

    Senior Vice President, Private Equity Accounting (Hybrid)Join a Legacy of Innovation.At the Bank of New York Mellon Corporation, we offer a diverse range of forward-thinking career opportunities at the nexus of finance, business, and technology. As a leading global asset management and banking institution, we oversee trillions of dollars in assets, custody,...