Senior Vice President, Credit Review Director

6 days ago


Santa Ana California, United States Banc of California Full time
About the Role

Banc of California is seeking a highly experienced Senior Vice President, Credit Review Director to lead our independent Credit Review function. As a key member of our leadership team, you will be responsible for ensuring the accuracy and timeliness of asset quality risk ratings, accrual status, and portfolio management requirements.

Key Responsibilities
  • Lead the Credit Review function, ensuring compliance with the Credit Review Policy and executing the annual Credit Review Plan.
  • Oversee the team and assigned examiners in charge to coordinate the logistics and execution of comprehensive credit portfolio reviews and a continuous credit review monitoring program.
  • Risk assess the Bank's credit portfolios and develop an annual, risk-based, comprehensive credit review plan to perform asset quality and portfolio management independent assurance testing.
  • Present review results to executive management and the board of directors.
  • Engage with the Bank's external examiners and external auditors.
  • Develop and execute on an annual Credit Review Plan for comprehensive portfolio reviews to determine asset quality and portfolio management effectiveness, continuous portfolio monitoring, and targeted reviews.
  • Assist in the development and execution of a financial budget.
  • Assist in the selection of 3rd party co-source firms, preparation of master service agreements, statements of work, and oversee the 3rd party vendor's performance and adherence with the agreements.
  • Direct Credit Review services performed by internal staff and third party, co-source firms.
  • Ensure assigned staff have the proficiency required to perform portfolio reviews.
Requirements
  • Exceptional verbal, written, and interpersonal communication skills.
  • Ability to organize, prioritize, and lead projects.
  • Maintain an advanced knowledge of applicable banking and accounting rules and regulations.
  • Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
  • Ability to make decisions that are fair and balanced and may have significant impact on the immediate work unit and cross functional departments.
  • Ability to provide constructive feedback to subordinates, peers, and management.
  • Effective in the use of Microsoft Excel, Word, and PowerPoint.
  • Demonstrates knowledge of, adherence to, monitoring and responsibility for lending compliance with state and federal regulations and laws as they pertain to this position.
Qualifications
  • 10 years' experience in leading credit risk management teams including credit review, credit administration, or regulatory supervision of commercial lending activities.
  • Bachelor's degree in business administration, finance, accounts, or economics.
  • Completion of Credit Risk Certification or a formal credit program at a commercial bank preferred.
  • Experience of working within credit databases for analysis purposes and to formulate reports preferred.


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