Credit Risk Manager - Jericho, NY at Valley Bank

Jericho, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Dec, 25

Salary

0.0

Posted On

30 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Underwriting, Accounting, Loan Documentation, Microsoft Word, Microsoft Excel, Microsoft Outlook, Interpersonal Skills, Time Management, Mathematical Skills, Credit Skills, Administrative Skills, Report Writing, Presentation Skills

Industry

Banking

Description

Responsibilities include but are not limited to: * Underwrite new loan requests, renewals, annual reviews, and modifications. * Coordinate all activities required to complete a credit package with the assigned Commercial Loan Officers and Loan Assistants. * Interact with Loan Officers, borrowers or CPAs to obtain necessary financial information and complete the Credit Package. * Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority. * Obtain and monitor various loan portfolio reports, such as Maturing Loans, Past-Due Loans, Annual Reviews and proactively assist lenders with requisite action plans. * Ensure that the bank is in possession of current financial information and that the information has been properly analyzed and on file; ensure that proper/complete credit files are on hand. * Assure that credits are accurately risk rated and properly monitored/reported. * Adhere and comply with all requirements of Regulation B Adverse Action Procedures -- Florida Division. * Manage and track convenants/borrowing bases/A-R Ageing; etc. for their accounts. * Assist in preparation of quarterly CLMR reports. * Begin to advise Lenders on issues related to the Bank's Credit Policy and related Procedures/Forms. * As time allows, conduct annual site visits, attend loan closings and other tasks required to support assigned lenders. Qualifications Required Skills: * Knowledge of credit underwriting, accounting and loan documentation. * Proficient computer skills using Microsoft Word, Excel and Outlook. * Advanced level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers. * Advanced personal time management skills. * Advanced mathematical skills. * Advanced credit skills. * Advanced administrative skills. * Ability to write reports and business correspondence. * Ability to effectively present information and respond to questions. Required Experience: * High School Diploma or GED and a minimum of three years' experience in a commercial lending environment, in a credit-oriented and underwriting position. * Bachelor's degree and completion of a formal credit training program preferred.

Responsibilities

The Credit Risk Manager is responsible for underwriting new loan requests, coordinating credit package activities, and ensuring proper analysis and documentation of financial information. They also monitor loan portfolios and assist lenders with action plans and compliance with credit policies.