Credit Risk Manager

3 weeks ago


Santa Rosa, California, United States Exchange Bank Full time
Credit Risk Management

Exchange Bank is seeking a highly skilled Credit Risk Officer to join our team. As a key member of our lending team, you will be responsible for ensuring that our loan policies are up-to-date, compliant with regulatory guidelines, and aligned with our bank's risk appetite.

Key Responsibilities:
  • Develop and maintain loan policies and procedures to ensure compliance with regulatory requirements and bank risk management objectives.
  • Review and approve construction loan disbursements for commercial and residential projects, ensuring that they meet our bank's risk management standards.
  • Conduct quarterly loan reviews of select new and renewed real estate loans, analyzing their creditworthiness and risk exposure.
  • Develop and maintain quarterly speculative construction reports, providing a summary narrative of each major project.
  • Prepare an annual review of commercial mortgages, coordinating the collection of updated property data with relationship managers and site inspections with our third-party vendor.
  • Stratify the commercial real estate portfolio to identify sectors of loans that are exposed to similar risks, analyzing these sectors and assessing any mitigating factors.
  • Perform stress testing of the commercial real estate portfolio to illustrate potential impacts on capital and the allowance for loan and lease losses.
  • Evaluate the bank's commercial real estate concentration levels relative to peer banks, ensuring compliance with regulatory expectations for risk management.
  • Monitor and manage a portfolio of purchased commercial real estate loans, working with other lending units on due diligence and evaluation of prospective loan portfolio purchases.
Management Reporting:
  • Prepare and submit required period blanket lien reports of eligible real estate loans to the Federal Home Loan Bank.
  • Work with the finance department to ensure that schedules RC-C and RC-L of quarterly Call Reports contain accurate loan information.
Knowledge, Skills, and Abilities:
  • Thorough knowledge of commercial and commercial real estate loan documentation procedures and regulations.
  • Thorough knowledge of federal and state loan regulations.
  • Thorough knowledge of bank lending policies and procedures.
  • Thorough knowledge of legal issues pertaining to loan documentation and bank internal operating systems.
  • Thorough knowledge of loan documentation and financial software.
  • Skills operating a personal computer, including word processing, spreadsheet, and presentation software.
  • Ability to attend early morning and evening meetings.
Minimum Qualifications:
  • A combination of education and experience equivalent to a bachelor's degree in finance, accounting, or a related field, and 8 years of experience in commercial real estate credit or compliance.
Compensation:
  • The hiring range for this position is $92,938 to $139,000 annually, commensurate with the candidate's applicable experience, education, and skills.


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