USAmeriBancorp

Credit Risk Manager

USAmeriBancorp • $90K — $130K *
Palo Alto, CA 94303In-Person
Finance & Insurance
5 - 7 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Strong knowledge of credit underwriting, financial accounting, and loan documentation.
  • Demonstrated understanding of underwriting guidelines and policies.
  • Ability to effectively communicate deal structures to lenders.
  • Proficient in Microsoft Word, Excel, and Outlook.
  • Strong interpersonal skills to engage with various stakeholders.
  • Ability to manage time efficiently.

Responsibilities

  • Underwrite and structure new transactions and renewals for existing clients.
  • Participate in client meetings and internal discussions, assessing potential lending risks.
  • Conduct due diligence and produce credit presentations in line with policy.
  • Monitor ongoing portfolio compliance and client deliverables through internal reporting.
  • Analyze financial reports to ensure compliance and escalate issues when necessary.
  • Ensure accurate risk rating and proper monitoring of credits.
  • Prepare quarterly reports and special project analyses as needed.

Benefits

  • Comprehensive health and wellness programs.
  • Opportunities for ongoing professional development.
  • Supportive team environment with collaborative culture.
  • Access to advanced reporting and analytical tools.
  • Flexible working arrangements to balance work-life commitments.
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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at USAmeriBancorp

  • USAmeriBancorp
    Business Banker III
    $70K — $95K *
    Los Angeles, CA 90011 (Los Angeles County)
    3 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Data Scientist
    $90K — $130K *
    Morristown, NJ 07960 (Morris County)
    4 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Credit Risk Team Lead
    $90K — $120K *
    Phoenix, AZ 85032 (Maricopa County)
    4 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Business Banker III
    $80K — $120K *
    New York, NY 10025 (New York County)
    1 week ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Manager, Client Services
    $90K — $120K *
    New York, NY 10025 (New York County)
    1 week ago
    Finance & Insurance
    In-Person

More Finance & Insurance Jobs

Find similar Credit Risk Manager jobs:

NationwidePalo Alto, CA