Credit Risk Analytics Manager Jobs in Orlando, FL

Credit Risk Manager

 Multiple Locations: AL; CA; IL; FL; NJ; NY; NC; PA; TX; VA

Pay Range 

$83,100.00 - $143,500.00 / year

Job Overview

The Credit Risk Manager is responsible for supervising all underwriting processes pertaining to both new and existing credit transactions of moderate to high complexity. Responsibilities include conducting thorough client due diligence, structuring credit facilities, performing in-depth analyses, and preparing comprehensive underwriting documentation.

Daily duties include reviewing financial statements and tax returns, assessing commercial real estate projects, and preparing credit memoranda. Other tasks are annual loan reviews, renewals, modifications, covenant monitoring, and supporting management on projects. Most deals will range from $5MM to $50MM, focusing first on smaller, simpler loans.

Expected Work Hours: 40

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.

Total Rewards Summary

We offer a competitive rewards package with base salary based on role, experience, skills, and location. Eligible positions may also receive commissions and incentive compensation as cash or equity, reflecting individual performance.

Alongside competitive financial compensation, we provide an extensive range of benefits designed to address the varied needs of our employees, subject to eligibility requirements. These offerings encompass comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid leave, mental health resources, and additional valuable benefits. Further information regarding total compensation and specific benefit programs will be communicated during the recruitment process.