Value Proposition:
Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.
Overview:
This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA.
The Specialist - Loan Policy Management is responsible for the development, implementation, maintenance, and oversight of the organization’s loan policies and procedures. This role ensures that lending activities are conducted in a safe and sound manner, adhering to regulatory requirements and aligning with the organization’s risk appetite and strategic objectives, and will collaborate with various stakeholders, including lending teams, compliance, legal, and senior leadership.

Responsibilities:

• Develop, implement, and regularly review loan policies and procedures covering all lending areas (e.g., consumer, commercial, real estate, etc.). Ensure policies are comprehensive, clearly written, and address all relevant risk factors. Maintain an up-to-date policy manual.
• Stay abreast of current and evolving lending regulations (e.g., Reg B, Reg Z, HMDA, etc.) and incorporate necessary changes into loan policies and procedures to ensure compliance. Collaborate with the Compliance department on regulatory exams and audits.
• Conduct periodic risk assessments of the loan portfolio and identify potential areas of weakness. Develop and implement strategies to mitigate identified risks through policy adjustments and process improvements.
• Develop and deliver training programs to lending staff on loan policies, procedures, and regulatory requirements. Communicate policy changes and updates effectively to all relevant stakeholders.
• Establish and maintain a loan review process to assess loan quality and adherence to policies. Monitor key loan portfolio metrics and identify trends that may indicate emerging risks. Report findings to senior leadership.
• Work closely with lending teams, credit administration, legal, and compliance to ensure alignment on lending practices and risk management strategies. Participate in loan committees and other relevant meetings.
• Research and stay informed about industry best practices in loan policy and risk management. Recommend and implement changes to policies and procedures to incorporate best practices.
• Prepare regular reports on loan portfolio performance, policy compliance, and risk trends for senior leadership and the board of directors.
• Participate in special projects related to lending, risk management, and strategic initiatives.

Qualifications:

EDUCATION

Bachelor’s Degree or the equivalent experience. Specialty: finance, business administration, economics, or a related field. (Required)

EXPERIENCE

7 or more years banking and/or finance regulatory and risk management experience. (Required)
5 or more years commercial and retail loan experience. (Required)
1 or more years of presentation experience. (Required)
5 or more years Commercial and retail lending experience. (Preferred)
2 or more years compliance and/or audit experience. (Preferred)
Other Duties as Assigned by Manager:
This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.
Pay Transparency:
To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.
The salary range for this position is $88,500.00 - $147,600.00 annually.

• Develop, implement, and regularly review loan policies and procedures covering all lending areas (e.g., consumer, commercial, real estate, etc.). Ensure policies are comprehensive, clearly written, and address all relevant risk factors. Maintain an up-to-date policy manual.
• Stay abreast of current and evolving lending regulations (e.g., Reg B, Reg Z, HMDA, etc.) and incorporate necessary changes into loan policies and procedures to ensure compliance. Collaborate with the Compliance department on regulatory exams and audits.
• Conduct periodic risk assessments of the loan portfolio and identify potential areas of weakness. Develop and implement strategies to mitigate identified risks through policy adjustments and process improvements.
• Develop and deliver training programs to lending staff on loan policies, procedures, and regulatory requirements. Communicate policy changes and updates effectively to all relevant stakeholders.
• Establish and maintain a loan review process to assess loan quality and adherence to policies. Monitor key loan portfolio metrics and identify trends that may indicate emerging risks. Report findings to senior leadership.
• Work closely with lending teams, credit administration, legal, and compliance to ensure alignment on lending practices and risk management strategies. Participate in loan committees and other relevant meetings.
• Research and stay informed about industry best practices in loan policy and risk management. Recommend and implement changes to policies and procedures to incorporate best practices.
• Prepare regular reports on loan portfolio performance, policy compliance, and risk trends for senior leadership and the board of directors.
• Participate in special projects related to lending, risk management, and strategic initiatives