VP Credit Risk Review Leader

12 hours ago

Los Angeles, California, United States Lendistry Full time
About Lendistry

Lendistry is a leading minority-led and technology-enabled small business and commercial real estate lender, certified as a Community Development Financial Institution (CDFI) and Community Development Entity (CDE). Our mission is to provide economic opportunities and progressive growth for small business owners and their underserved communities through financing and financial education.

Job Overview

The Vice President of Credit Risk Review is a critical member of Lendistry's Risk Management Organization, serving as a Third Line of Defense to independently assess the effectiveness of the First and Second Lines of Defense's Risk Management Activities. This role is responsible for leading the Credit Risk Review team, which fulfills the responsibilities of the Credit Review function, consistent with the May 2020 Interagency Guidance on Credit Risk Review Systems.

Key Responsibilities
  • Lead the day-to-day delivery of credit review work, including conducting research, coordinating, and contributing to project management.
  • Perform comprehensive credit reviews of higher-risk commercial credits, involving loans from various business platforms and industries.
  • Use credit and financial analysis expertise to examine and opine on the quality and adequacy of underwriting, including analysis of borrowers' operational and financial strengths/weaknesses, cash flow, leverage, liquidity, and net worth.
  • Review credits and hold discussions with underwriting and Credit Administration teams to opine on comprehensiveness in underwriting relative to risk identification and mitigation, deal structure, and collateral analysis.
  • Engage in discussions with underwriting and credit administration teams to communicate the decision to downgrade the risk rating of reviewed credits.
  • Use Risk-Based Audit principles to review governance, risk, and control frameworks/processes, including reviewing credit policies and procedures, identifying process risks and controls, assessing controls, and sample-testing them.
  • Responsible for writing exam reports and applying exam rating methodology to generate exam report ratings, with guidance from a manager.
  • Act as the Examiner in Charge on credit reviews, managing the end-to-end execution of exams, including planning and sampling, training reviewers, overseeing fieldwork, and reporting process.
  • Drive the Issues Management Tracking process of exams, including Issue Remediation Testing and closure process activities.
  • Supports Continuous Monitoring activities, including regular communication with the Lending Unit, participation in key Lending Unit meetings, monitoring Key Risk Indicators, and review of Lending Unit reports.
  • Discuss exceptions/issues with the Chief Risk Officer, draft findings, and engage in discussions with auditees to communicate findings.
  • Understand the underlying risks applicable to audit responsibilities through continuous monitoring activities. Strong credit risk, audit, compliance, banking, and product knowledge are required.
  • Review and prepare ongoing risk assessments of the Company's business platforms (auditable entities).
  • Maintain updated knowledge of industry developments in affected areas of assigned responsibilities.
  • Complete audit recommendation validation work.
  • Communicate effectively, clearly, concisely, and accurately using written and verbal communication with all levels of management.
Requirements
  • A minimum of 10 years of credit and credit review experience is preferred, but competent candidates with solid potential and less experience are also encouraged to apply.
  • Bachelor's Degree with a preference in finance, accounting, economics, or other business concentration.
  • A commercial credit background and expertise in credit analysis/underwriting are required. Additionally, experience in credit review or credit audit is highly desirable.
  • Strong knowledge of GAAP principles and Regulatory and banking Policies and Procedures.
  • Experience in first-line underwriting and second-line credit risk management/adjudication or loan review is required.
  • License(s) or Certification(s) in Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Regulatory Compliance Manager (CRCM) desired, but not required.
  • Working expertise with Microsoft Office software, especially Excel, PowerPoint, and Word.
  • Credit expertise must include at least three of the following segments - C&I; CRE; financial statement analysis; loan underwriting and structure; valuation; highly leveraged transactions; accounting standards; Uniform Commercial Code; capital markets and other non-traditional credit areas, including off-balance sheet credit risk; etc.
Salary

$143,000 - $188,000/annually, depending on experience and location

Lendistry is an Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. We are committed to providing a diverse and inclusive work environment.

  • VP Credit Risk Review Leader

    2 days ago

    Los Angeles, California, United States Lendistry Full time

    About LendistryLendistry is a leading minority-led and technology-enabled small business and commercial real estate lender, certified as a Community Development Financial Institution (CDFI) and Community Development Entity (CDE). Our mission is to provide economic opportunities and progressive growth for small business owners and their underserved...

  • VP Credit Risk Review Leader

    4 days ago

    Los Angeles, California, United States Lendistry Full time

    About LendistryLendistry is a leading minority-led and technology-enabled small business and commercial real estate lender, certified as a Community Development Financial Institution (CDFI) and Community Development Entity (CDE). Our mission is to provide economic opportunities and progressive growth for small business owners and their underserved...

  • VP Credit Risk Review Expert

    2 days ago

    Los Angeles, California, United States Lendistry Full time

    About LendistryLendistry is a leading minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certification. We are a national employer dedicated to providing economic opportunities and progressive growth for small business owners and...

  • Credit Risk Review Officer

    2 weeks ago

    Los Angeles, California, United States City National Bank Full time

    Job SummaryWe are seeking a highly skilled Credit Risk Review Officer to join our team at City National Bank. As a key member of our Residential Lending group, you will be responsible for ensuring the accuracy, completeness, and compliance of mortgage and HELOC files in our portfolio.Key ResponsibilitiesConduct comprehensive quality control and credit risk...

  • Credit Risk Review Officer

    2 weeks ago

    Los Angeles, California, United States City National Bank Full time

    Job SummaryWe are seeking a highly skilled Credit Risk Review Officer to join our team at City National Bank. As a key member of our Residential Lending group, you will be responsible for ensuring the accuracy, completeness, and compliance of mortgage and HELOC files in our portfolio.Key ResponsibilitiesConduct comprehensive quality control and credit risk...

  • Senior Credit Risk Review Officer

    3 weeks ago

    Los Angeles, California, United States City National Bank Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Credit Risk Review Officer to join our team at City National Bank. As a key member of our Credit Risk Review Department, you will play a critical role in ensuring the overall credit risk and effectiveness of our credit risk management processes.Key ResponsibilitiesScope, Lead and Manage...

  • Credit Risk Review Officer Retail Credit Risk 2LOD

    4 days ago

    Los Angeles, California, United States City National Bank Full time

    Job SummaryWe are seeking a highly skilled Credit Risk Review Officer to join our Retail Credit Risk team. As a key member of our team, you will be responsible for ensuring the accuracy, completeness, and compliance of mortgage and HELOC files in the Residential Lending portfolio.Key ResponsibilitiesConduct comprehensive QC/QA of mortgage and HELOC loan...

  • Senior Credit Risk Review Officer

    2 weeks ago

    Los Angeles, California, United States City National Bank Full time

    About the Role**Job Summary**We are seeking a highly experienced Senior Credit Risk Review Officer to join our team at City National Bank. As a key member of our Credit Risk Review Department, you will play a critical role in assessing and opining on the overall credit risk and effectiveness of our credit risk management processes.Key ResponsibilitiesScope,...

  • Senior Credit Risk Review Officer

    2 days ago

    Los Angeles, California, United States City National Bank Full time

    Job SummaryWe are seeking a highly skilled Senior Credit Risk Review Officer to join our team at City National Bank. As a key member of our Credit Risk Review Department, you will be responsible for leading examinations of various types of credit portfolios and credit processes, identifying current or potential problems, and recommending process changes to...

  • Senior Credit Risk Review Officer

    5 days ago

    Los Angeles, California, United States City National Bank Full time

    About the RoleWe are seeking a highly skilled Senior Credit Risk Review Officer to join our team at City National Bank. As a key member of our Credit Risk Review Department, you will play a critical role in ensuring the bank's credit risk management processes are effective and compliant with regulatory requirements.Key ResponsibilitiesLead and manage...

  • Consumer Credit Risk Analyst

    4 weeks ago

    Los Angeles, California, United States Akraya Full time

    Primary Skills: Data Analytics, Credit Risk Oversight, Regulatory Adherence, Portfolio Management, Risk Assessment. Contract Type: W2 Only Pay Range: $68.00 Per hour on W2 JOB RESPONSIBILITIES: This role is centered on overseeing credit risk for consumer lending portfolios, ensuring alignment with banking regulations and internal policies while assisting the...

  • Consumer Credit Risk Analyst

    4 weeks ago

    Los Angeles, California, United States Akraya Full time

    Primary Skills: Analytics, Credit Risk Management, Regulatory Compliance, Data Analysis, Portfolio Oversight. Contract Type: W2 Only Pay Range: $68.00 Per hour on w2 JOB RESPONSIBILITIES: This role is centered on overseeing credit risk for consumer credit portfolios, ensuring adherence to banking and regulatory standards while assisting the Head of Consumer...

  • Consumer Credit Risk Supervisor

    3 weeks ago

    Los Angeles, California, United States Akraya Full time

    Primary Skills: Analytics, Credit Risk Oversight, Regulatory Adherence, Data Interpretation, Portfolio Management. Contract Type: W2 Only Pay Range: $68.00 Per hour on W2 JOB RESPONSIBILITIES: This role is centered on the supervision of credit risk for consumer lending portfolios, ensuring alignment with banking standards and regulatory requirements while...

  • Risk Management Leader

    7 days ago

    Los Angeles, California, United States MUFG Bank, Ltd. Full time

    About the RoleWe are seeking a highly skilled and experienced Risk Management Leader to join our team at MUFG Bank, Ltd. as a Credit Review Director. This is a key role within our Americas Credit Review (ACR) department, which provides executive management and the Board of Directors with an independent view of asset quality and credit risk management...

  • Credit Risk Manager

    3 weeks ago

    Los Angeles, California, United States Israel Discount Bank of New York Full time

    Job DescriptionJob Summary:We are seeking a highly skilled Portfolio Manager to join our team at Israel Discount Bank of New York. As a key member of our Middle Office team, you will be responsible for performing timely financial analysis and underwriting for renewals, annual reviews, and modifications.Key Responsibilities:Perform thorough financial analysis...

  • Credit Risk Analyst

    4 weeks ago

    Los Angeles, California, United States MUFG Bank, Ltd. Full time

    Are you ready to make a significant impact in the financial sector? At MUFG Bank, Ltd., one of the largest financial institutions globally, we are dedicated to fostering long-lasting relationships and promoting sustainable growth. With a workforce of 120,000 professionals worldwide, we prioritize innovation, collaboration, and the empowerment of our...

  • Credit Risk Analyst

    4 weeks ago

    Los Angeles, California, United States MUFG Bank, Ltd. Full time

    Are you ready to make a significant impact in the financial sector? Explore your potential with MUFG Bank, Ltd., a leading global financial institution. With a workforce of 120,000 dedicated professionals, we are committed to fostering sustainable growth and building long-lasting relationships with our clients and communities. Our mission is to be the most...

  • Credit Risk Associate

    2 weeks ago

    Los Angeles, California, United States MUFG Bank, Ltd. Full time

    About the RoleWe are seeking a highly skilled Credit Risk Associate to join our Portfolio Management Group. As a key member of our team, you will be responsible for underwriting and portfolio management for clients in the Diversified Industries sector, focusing on Consumer, Retail, Environmental Services, Engineering, and Construction industries.Key...

  • Senior Officer of Credit Risk Assessment

    4 weeks ago

    Los Angeles, California, United States CareerArc Full time

    SENIOR OFFICER OF CREDIT RISK ASSESSMENTWHAT IS THE OPPORTUNITY?The Credit Risk Review Department (CRR) operates as a crucial component of the third line of defense, maintaining independence from all credit granting, adjudication, operations, and risk management activities conducted by the first and second lines of defense. The mandate of CRR is to...

  • Credit Risk Analyst

    4 weeks ago

    Los Angeles, California, United States Mufg Bank Ltd. Full time

    Position Overview:We are looking for a Credit Risk Associate to join our dynamic Portfolio Management Group at MUFG Bank Ltd. About MUFG:Mitsubishi UFJ Financial Group (MUFG) is the 7th largest financial institution globally, with a workforce of 120,000 professionals dedicated to making a positive impact on our clients and communities. Role Summary:The...