USAmeriBancorp

CRE Credit Risk Manager

USAmeriBancorp • $95K — $115K *
Tampa, FL 33647In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Minimum of 5 years experience in a commercial lending environment with a focus on credit and underwriting.
  • Strong understanding of underwriting guidelines and credit policies.
  • Proficient in financial accounting and loan documentation processes.
  • Solid interpersonal skills for effective client and team interactions.
  • Ability to manage time efficiently and prioritize tasks appropriately.

Responsibilities

  • Underwrite and structure new and existing loan transactions for clients.
  • Engage in client meetings and internal discussions to assess lending opportunities and risks.
  • Conduct thorough due diligence and produce credit presentations according to established guidelines.
  • Monitor ongoing portfolio requirements and ensure compliance with loan agreements.
  • Analyze financial statements and related documents to verify loan compliance and escalate issues if necessary.
  • Assess and maintain accurate risk ratings for all credit products.
  • Prepare quarterly and management reports on loan performance and portfolio health.

Benefits

  • Opportunity to participate in client interactions and influence lending decisions.
  • Engagement in dynamic team environments with multiple stakeholders.
  • Chance to work on special projects that contribute to skill diversification.
Full Job Description
Responsibilities include but are not limited to:
  • Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
  • Participates in external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
  • Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority.
  • Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
  • Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
  • Ensures credits are accurately risk rated and are properly monitored and reported.
  • Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
  • Participates in special projects and requests related to the management of the portfolio.


Required Skills:
  • Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
  • Strong knowledge of credit underwriting, financial accounting and loan documentation.
  • Strong knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
  • Strong computer skills using Microsoft Word, Excel and Outlook.
  • Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
  • Ability to manage time efficiently.
  • Strong mathematical skills.
  • Strong credit skills.
  • Strong 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.
  • Minimum of 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.

Preferred Experience:
  • Bachelor's degree and completion of a formal credit training program.

About USAmeriBancorp

Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey with approximately $42 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Florida, and Alabama. Valley Bank holds approximately $29 billion in assets. ,Valley Bank is one of the largest commercial banks headquartered in New Jersey.
Learn more about USAmeriBancorp
Industry
Legal & Accounting
* Ladders Estimates

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