Responsible for analyzing present-state, developing alternative future-state approaches and facilitating implementation; responsible for clearly defined responsibilities and accountabilities for key project roles.
Continuously monitor covenant compliance with regular reporting requirements to loan officers and loan/credit monitoring and credit review. Establish protocols and maintain tracking of documentation exceptions, past dues, covenant exceptions and annual reviews.
Responsible for projects limited in scope to LOB products, processes or functions although some may have cross-functional or inter-departmental implications. Serves as primary contact to senior department managers for critical change initiatives.
Strong understanding of regulatory risks and demonstrated ability to correlate those risks to existing and future business practices; experience with issues resolution including root cause analysis, mitigation plans, and remediation activities.