Credit Risk Manager

2 weeks ago


Apple Valley, Minnesota, United States Merchants Bank Full time

Job Description

The Merchants Bank is seeking a highly experienced Credit Risk Manager to join its team. The successful candidate will be responsible for the overall management of loan portfolios, including loan approval processes, loan documentation, and credit administration activities.

  • The Credit Risk Manager will have oversight of problem asset management for the assigned loan portfolios.
  • He/she will be responsible for implementing approved lending policies, underwriting standards, and internal lending controls in alignment with evolving industry practices.
  • The Credit Risk Manager will also be accountable for monitoring new developments in lending and changing government regulations, communicating with Senior Management and other Senior Credit Officers to ensure that Bank's policies are modified accordingly.
  • He/she will partner with Senior Management in driving consistent performance and credit culture expectations within the Bank's defined regional/market structure.

Required Skills and Qualifications

  • Bachelor's degree in business or equivalent.
  • 10 years progressively responsible supervisory/management experience in a financial institution, including 10 years in business and/or agricultural lending, and leasing.
  • Additional executive banking/financial education desired but not required.

Benefits

  • Competitive wages and benefits for full-time employees, including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options.


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