Credit Risk Manager

1 month ago


Munster, Indiana, United States First Merchants Bank Full time
Job Summary

We are seeking a highly skilled Credit Officer to join our team at First Merchants Bank. As a key member of our credit risk management team, you will be responsible for implementing and recommending policies and procedures to manage portfolio risk and concentration management, credit risk assessment and monitoring, and special assets management.

Key Responsibilities:

  • Chair the Regional or Line of Business Loan Committee, as designated.
  • Act as a member of a Line of Business Loan Committee, as designated.
  • Complete additional tasks, including approving Environmental Due Diligence Checklists, construction draws, and administrative renewals.
  • Work with the RCCO to oversee the standard credit processes, procedures, and policies while maintaining timely and accurate grading of the commercial credit portfolio.
  • Communicate material asset quality concerns and/or issues to the Regional Chief Credit Officer.
  • Prepare regional or line of business migration reporting of commercial credit portfolio asset quality including grading, impairment, non-accrual, and charge-off recognition.
  • Monitor and manage regional or line of business delinquency status, construction loan status, borrowing base reporting, marketable security reporting, and loan covenant compliance.
  • Ensure regional or line of business adherence to corporate concentration limits and thresholds.
  • Ensure the timely completion of Annual Credit Reviews
  • With the approval of the RCCO, respond to audit, loan review, FDIC, and other internal and external examining bodies.
  • Complete compliance and other assigned training.
  • Participate as a member of business management team.
  • Organize and assist the Regional Chief Credit Officer with meetings, including the establishment of agenda items, materials, and meeting preparation.

Requirements:

  • Bachelor's degree in accounting, finance, business or related field.
  • A minimum of six (6) years of commercial credit or related experience.

Preferred Qualifications:

  • Master's degree in accounting, finance, business or related field.

What We Offer:

  • Competitive base pay and bonus structure.
  • Comprehensive benefits package, including medical, dental, and vision insurance.
  • 401(k) plan with company match.
  • Health Savings and Flexible Spending Accounts.
  • Vacation and sick time.
  • Paid holidays.
  • Paid parental leave.
  • Tuition reimbursement.
  • Additional benefits.

About Us:

First Merchants Bank is a leading financial institution committed to enhancing the financial wellness of the diverse communities we serve. Our vision is to be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders. We believe in the power of inclusion and belonging, and we are genuinely committed to attracting and engaging teammates of diverse backgrounds.



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