Credit Risk Review Specialist

2 days ago


White Plains, New York, United States Webster Bank Full time
Job Summary:

This position is responsible for supporting the Credit Risk Review function through the assessment of credit quality and corresponding potential loan or other loss exposure for various loan portfolios and activities that create credit risk.

Key Responsibilities:
  • Conduct credit risk reviews in accordance with CRR policy and procedures.
  • Manage all aspects of assigned reviews, including planning, fieldwork, and recommending appropriate ratings and formal recommendations as needed.
  • Verify work of other reviewers and assure consistency.
  • Complete reviews within established time frames.
Requirements:
  • Maintain specific areas of subject matter expertise 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.
As a Review Participant:
  • 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.
Education, Experience and Skills:
  • Bachelor's degree in a related field required; master's degree preferred.
  • 7+ years of relevant experience in credit analysis, quality control, and/or credit risk review.
  • Detail oriented and able to work well independently and within deadlines.
  • Strong financial statement analysis skills within assigned disciplines with demonstrated versatility.
  • Excellent verbal and written communication skills.
Compensation:

The estimated salary range for this position is $100,000USD to $125,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

Webster Bank is an equal opportunity employer and welcomes applications from all qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.



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