VP, Credit Review Specialist
3 weeks ago
The job’s mission is to provide the Bank with an independent mechanism to assist in early detection of loan problems, assurance of accurate loan ratings, monitor compliance with policies, procedures and regulations, and assurance of proper portfolio administration of SVP/VP Relationship Managers and VP/Portfolio Managers.
The Vice President, Credit Risk Review Specialist II role serves as a second line of defense for commercial lending and is within the Enterprise Risk Management Division. Primarily responsible for reviewing complex commercial loans to ensure proper identification of risk, adherence to policy and procedures, compliance with rules and banking regulations, risk administration and complete credit and legal documentation. Assesses risk management and loan portfolio quality of commercial and business banking lending groups.
*MAJOR RESPONSIBILITIES**: *
* Conduct continuous reviews of all types of commercial loans and commitments including Syndications, Participations, Leverage Lending, Commercial & Industrial, Commercial Real Estate Entity Level Finance, Low Income Housing Tax Credit Investor Financing, Franchise Lending, Asset Based Lending, Private Banking, Private Banking, ACH, and New Market Tax Credit deals to classify loans, identify potential credit problems, and ensure conformity with Bank policy, procedures, and regulatory requirements.
* Review major or complex loans, including those with deteriorating credit situations, and make recommendations for improving the Bank’s position if necessary.
* Review legal documents to ensure conformity with approved credit facility. Legal documentation includes promissory notes, security agreement, credit agreement, borrowing resolutions, corporate/LLC/partnership documents, participation agreements, mortgages and assignments of leases and rents, and interest rate derivatives.
* Research
* Public registry of deed records to ensure mortgages are perfected.
* Secretary of State records to ensure UCC filings and renewals are recorded.
* Analyze financial statements and notes, Borrowing Base Certificates, Accounts Receivable, Work in Process, Operating Statements, Real Estate Appraisals, Appraisal Reviews, Equipment Evaluations to confirm risk rating and conformity to financial covenants.
* Prepare findings reports and written management reports assessing:
* Loan portfolio quality including classified loans, special mention loans, charge-off history, delinquency, and nonaccrual loans.
* Risk management quality addressing identification of risk, adherence to policy, credit administration, problem credit management, and credit and legal documentation.
* Conducts
* Quality control review of Findings Reports and Management reports.
* Serves as Reviewer in Charge
* Confidential due diligence reviews of potential acquisition or merger institutions
* Special projects
* All other dues as assigned.
*PROBLEM SOLVING & DECISION MAKING**: *
* The VP position has autonomy with respect to assessing identification of risk, adherence to lending policy, risk management and legal/credit file documentation process review factors.
* VP reports to the Team Leader of Credit Risk Review, with limited direction.
*EDUCATION AND EXPERIENCE:*
* Bachelor’s degree or equivalent in accounting or finance
* 7 to 10 years of credit risk review preferred.
* Commercial lending, regulatory examination, and/or portfolio management experience are beneficial to this role.
*SKILLS/KNOWLEDGE:*
* Strong financial analytical skills, evident of sound credit judgment, understanding of commercial legal documentation, outstanding oral and written communication skills, and the ability to work independently are critical.
* Advanced training which can include either Loan Review Certification or Risk Certification a plus.
* Ability to formulate sound conclusions and recommend optimal course of action based on analysis.
* Demonstrated proficiency in all aspects of the commercial credit risk process.
* Strong PC skills and teamwork required.
Job Type: Full-time
Benefits:
* 401(k)
* 401(k) 3% Match
* AD&D insurance
* Adoption assistance
* Bereavement leave
* Dental insurance
* Disability insurance
* Employee assistance program
* Employee discount
* Employee stock purchase plan
* Flexible schedule
* Flexible spending account
* Gym membership
* Health insurance
* Health savings account
* Loan assistance
* Opportunities for advancement
* Paid orientation
* Paid sick time
* Paid time off
* Paid training
* Parental leave
* Prescription drug insurance
* Professional development assistance
* Retirement plan
* Tuition reimbursement
* Vision insurance
* Volunteer time off
* Wellness program
Schedule:
* Monday to Friday
Experience:
* Sales: 2 years (Required)
* Banking Operations: 2 years (Required)
* Customer Service: 2 years (Required)
* Banking: 2 years (Required)
* Cash handling: 2 years (Required)
Ability to Relocate:
* Lynn, MA 01901: Relocate before starting work (Required)
Work Location: Hybrid remote in Lynn, MA 01901
-
VP, Credit Review Specialist
2 weeks ago
Lynn, United States Eastern Bank Full time*\*\*Please note this is a hybrid position in our Lynn, MA office requires some onsite\*\*\**Find out more about this role by reading the information below, then apply to be considered.The job’s mission is to provide the Bank with an independent mechanism to assist in early detection of loan problems, assurance of accurate loan ratings, monitor compliance...
-
Credit Risk Review Specialist II, VP
4 weeks ago
Lynn, Massachusetts, United States Eastern Bank Full timeJob SummaryThe Vice President, Credit Risk Review Specialist II role serves as a second line of defense for commercial lending within the Enterprise Risk Management Division. This position is responsible for reviewing complex commercial loans to ensure proper identification of risk, adherence to policy and procedures, compliance with rules and banking...
-
Credit Risk Review Specialist II, VP
3 weeks ago
Lynn, Massachusetts, United States Eastern Bank Full timeJob Description**About the Role**The Vice President, Credit Risk Review Specialist II role serves as a second line of defense for commercial lending and is within the Enterprise Risk Management Division. The position is responsible for reviewing complex commercial loans to ensure proper identification of risk, adherence to policy and procedures, compliance...
-
Controller - Credit Union
2 weeks ago
Lynn, United States MassMutual Full timeController - Credit Union Full-Time, Remote The Opportunity: As the Controller of MassMutual Federal Credit Union (MMFCU), you will be a valued member of a supportive, diverse, and skilled team. All MMFCU team members are committed to delivering a consistent and memorable experience to our members and potential members. You will be responsibly for the...
-
Controller - Credit Union
2 weeks ago
Lynn, United States MassMutual Full timeController - Credit Union Full-Time, Remote The Opportunity: As the Controller of MassMutual Federal Credit Union (MMFCU), you will be a valued member of a supportive, diverse, and skilled team. All MMFCU team members are committed to delivering a consistent and memorable experience to our members and potential members. You will be responsibly for the...
-
Consumer Loan Sales Specialist
4 weeks ago
Lynn, Massachusetts, United States OneMain Financial Full timeAt OneMain Financial, we empower customers by providing access to friendly, fast, and affordable financing for life's expenses. Our Consumer Loan Sales Specialists listen to customers' needs and deliver results related to individual and branch sales goals as well as customer expectations.Key Responsibilities:Develop new relationships and maintain existing...
-
Clinical Nurse Specialist
4 weeks ago
Lynn, Massachusetts, United States Eliot's Full timeClinical Nurse SpecialistEliot's Community Crisis Stabilization provides assessment and treatment delivering short-term 24-hour treatment for adults in a structured and supportive environment. Our team is seeking a skilled Clinical Nurse Specialist to join our team in Lynn, MA. Key Responsibilities:Administer medications as ordered by the psychiatrist;...
-
Family Child Care Support Specialist
4 weeks ago
Lynn, Massachusetts, United States Clarendon Early Education Services Inc Full timeJob Title: Home Visiting Support SpecialistClarendon Early Education Services, Inc. is seeking a dedicated and motivated individual to join our team as a Home Visiting Support Specialist. This role is responsible for conducting support visits and meal service reviews to a diverse group of Family Child Care Educators.Key Responsibilities:Conduct monthly...
-
Milieu Specialist I
4 weeks ago
Lynn, Massachusetts, United States Eliot's Full timeJob Summary:Eliot's Emergency Residence is seeking a Milieu Specialist I to join our team. As a key member of our staff, you will work with latency age children and adolescents, providing a safe and supportive environment for them to thrive. Your role will involve daily coordination of youth, leading daily groups, and participating in the development and...
-
Lynn, United States Lynn Public Schools Full timeRegistered Behavioral Technician (RBT) Lynn Public Schools is guided by its mission, vision, and core values. Mission - The Lynn Public Schools commits to providing our students with a safe inclusive learning environment that inspires and promotes individual academic and personal growth. Vision - Drawing upon the strength of our community, our families,...
-
Senior Banking Operations Specialist
3 weeks ago
Lynn, Massachusetts, United States Eastern Bank Full timeAbout the RoleWe are seeking a highly skilled Senior Banking Operations Specialist to join our team at Eastern Bank. This is an exciting opportunity to utilize your expertise in banking operations and contribute to the success of our organization.Job DescriptionThe Senior Banking Operations Specialist will be responsible for managing the monthly account...
-
Lynn, United States Lynn Public Schools Full timeRegistered Behavioral Technician (RBT)Lynn Public Schools is guided by its mission, vision, and core values.Mission - The Lynn Public Schools commits to providing our students with a safe inclusive learning environment that inspires and promotes individual academic and personal growth.Vision - Drawing upon the strength of our community, our families, our...
-
Home Visiting Support Specialist
2 months ago
Lynn, United States Clarendon Early Education Services Inc Full timeCLARENDON EARLY EDUCATION SERVICES, INC.FAMILY CHILD CARE HOME VISITING SUPPORT SPECIALISTBI-LINGUAL (SPANISH/ENGLISH)Clarendon is seeking a dependable, motivated individual with exceptional people skills to conduct support visits and meal service reviews to a diverse group of Family Child Care Educators. The Home Visiting Support Specialist will conduct...
-
Accounting Specialist
2 weeks ago
Lynn, United States MassMutual Full timeAccounting Specialist - Reconciliations and Certifications Oversight Full-Time As an Accounting Specialist for Reconciliations and Certifications Oversight, you will wholly manage the process of execution of accounts reconciliations, certifications and collection of management letters of representation process, closely collaborating with internal and...
-
Operations Specialist III
4 weeks ago
Lynn, Massachusetts, United States Eastern Bank Full timeJob SummaryWe are seeking a highly skilled Operations Specialist III to join our team at Eastern Bank. This role is responsible for performing customer and internal account reconciliations, meeting targeted service level agreements, and managing team workflow and resource alignment.Key ResponsibilitiesManage monthly account reconciliation workload,...
-
Accounting Professional
4 weeks ago
Lynn, Massachusetts, United States Complete Staffing Solutions Full timeJob OverviewComplete Staffing Solutions is seeking a skilled Accounting Professional to join our team.This role offers the opportunity to work with a great company and gain valuable experience in accounting and finance.Key Responsibilities:Cycle billing and daily depositsProcess refunds and certificate of insurance requestsManage credit card transactions and...
-
Nurse - Community Behavioral Health Specialist
4 weeks ago
Lynn, Massachusetts, United States Eliot's Full timeJob SummaryEliot is committed to providing high-quality services in community behavioral health programs. We are seeking a skilled Nurse - Community Behavioral Health Specialist to join our team. Responsibilities:Ensure that all service protocols for storing, administering, and destroying medications are consistent with current nursing practice and the...
-
Nurse Manager
3 weeks ago
Lynn, Massachusetts, United States Lynn Community Health Center Full timeJob Title: Nurse Manager - Primary Care SpecialistJob Summary:We are seeking a skilled Nurse Manager to lead our primary care team at the Lynn Community Health Center. As a key member of our healthcare team, you will be responsible for supervising and evaluating nursing staff, collaborating with practice managers and providers to improve health outcomes, and...
-
Developmental Behavior Specialist
4 weeks ago
Lynn, Massachusetts, United States LEO Inc Full timeJob SummaryLEO Inc is seeking a highly skilled Developmental Behavior Specialist to provide social-emotional and behavior support across our early childhood programs. The ideal candidate will work collaboratively with our Social Emotional Behavior Manager and Mental Health Team to provide comprehensive support for children, including classroom observation,...
-
Payroll and Accounts Payable Specialist
4 weeks ago
Lynn, Massachusetts, United States Aspire Developmental Services Inc Full timeJob DescriptionAspire Developmental Services Inc is seeking a highly skilled Payroll and Accounts Payable Specialist to join their team.The ideal candidate will have a strong understanding of payroll regulations and accounts payable procedures, as well as excellent organizational skills and attention to detail.Key Responsibilities:Process bi-weekly payroll...