Essential Duties & Responsibilities
Credit Governance & Approvals:
- Serve as a voting member of the Greenlight Working Group, Credit Risk Committee, and Troubled Asset Working Group.
- Exercise final credit approval authority within delegated limits; approve or decline transactions (new, extensions, modifications) that fall outside standard underwriting parameters.
- Approve and challenge C&I risk rating migrations between pass and classified/criticized.
- Provide effective challenge on material credit risk decisions prior to committee presentations, including policy compliance, risk ratings, exposure limits, and identified weaknesses.
- Review, approve, and monitor credit policy exceptions, including trend analysis and remediation.
- Partner with the Chief Credit Risk Officer (CCRO) and risk committees to establish portfolio and counterparty limits aligned with the Bank's risk appetite.
- Anticipate and assess regulatory developments, macroeconomic conditions, and industry trends to proactively adjust credit risk practices.
- Remediate credit risk MRAs and internal audit findings.
- Oversee C&I portfolio performance — compare actual versus expected performance and recommend policy, structural, or underwriting adjustments where misalignments arise.
- Identify individual, aggregate, and emerging risks, including early warning indicators across transactions, industries, and portfolios.
- Analyze external and macroeconomic risk drivers and forecast their impact on portfolio performance; recommend responsive changes to lending policies and loan administration.
- Identify distressed assets early and develop risk-mitigation strategies to minimize potential losses.
- Oversee credit risk associated with complex or non-traditional exposures, including counterparty and structured transactions.
Skills, Education & Experience
Education & Experience:
- Bachelor's degree; MBA or advanced degree preferred.
- 20 years of progressive experience in financial services with deep expertise in credit risk management within a corporate and/or commercial lending environment,
- Significant leadership experience (typically 10–15 years)
- Deep subject matter expertise in at least one complex or specialized credit area (e.g., Private Credit, Lender Finance, Private Equity, Subscription Finance, CLOs, or similar structured credit products).
- Expert-level understanding of commercial and corporate credit underwriting, risk rating frameworks, credit policy governance, and exception management.
- Advanced knowledge of credit risk measurement methodologies, including loss forecasting, counterparty credit risk assessment, stress testing, and portfolio analytics.
- Strong command of financial analysis, quantitative risk indicators, and the use of data to support credit decisions and risk-based recommendations.
- Advanced knowledge of applicable federal and state banking laws and regulations, and regulatory expectations governing credit risk management.
