Exchange Bank
Credit Risk Officer
Exchange Bank, Santa Rosa, California, us, 95402
Credit Risk Management:
Ensure that loan policies are up-to-date, conform to regulatory guidance, reflect Senior Management's objectives and reflect the Bank's risk appetite. Prepare quarterly report to the Board of loan policy exceptions/trendsEstablish and review loan administration procedures to ensure they are adequate to maintain portfolio expectations for quality and profitability.
Portfolio Risk Management:
Review and approve construction loan disbursements for commercial and residential projects,Conduct quarterly loan reviews of select new and renewed real estate loans based on pre-defined loan review parameters,Develop and maintain quarterly speculative construction report including a summary narrative of each major project.Prepare an Annual Review of Commercial Mortgages, coordinating collection of updated property data (rent rolls, P&Ls, tax returns) with the relationship managers and site inspections with our 3rd party vendor and Appraisal Coordinator,Stratify the Commercial Real Estate (CRE) portfolio to identify sectors of loans that are exposed to the same risk, analyzing these sectors and assess any mitigating factors,Perform stress testing of the CRE portfolio to illustrate potential impact on capital and the ALLL of increased vacancy rates in the market by product type, slower absorption rates, reduced sales prices, higher capitalization rates, higher interest rates, etc.Evaluate the Bank's CRE concentration levels relative to peer banks and ensure compliance with regulatory expectations for risk management.Monitor/manage a portfolio of purchased CRE loans,Work with other lending units on due diligence/evaluation of prospective loan portfolio purchases.
Management Reporting:
Prepare and submit required period blanket lien reports of eligible real estate loans to FHLB,Work with the Finance Department to ensure that schedules RC-Cand RC-L of quarterly Call Reports contain accurate loan information.
Non-Essential Functions:
Performs special projects as neededPerforms other duties as assignedKnowledge, Skills and Abilities:
Thorough knowledge of commercial and commercial real estate loan documentation procedures and regulations.Thorough knowledge of federal and state loan regulations.Thorough knowledge of Bank lending policies and procedures.Thorough knowledge of legal issues pertaining to loan documentation and bank internal operating systems.Thorough knowledge of loan documentation and financial software.Thorough knowledge of financial statement analysis, loan structure, loan documentation, and regulations.Skills operating a personal computer including word processing, spreadsheet and presentation software.Ability to attend early morning and evening meetings.Minimum Qualifications:
A combination of education and experience equivalent to a bachelor's degree in finance, accounting or related field AND 8 years' experience in commercial real estate credit or compliance.Compensation:
The hiring range for this position is $92,938 to $139,000 annually. The compensation offered will fall within this range, commensurate with the candidate's applicable experience, education and skills.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Ensure that loan policies are up-to-date, conform to regulatory guidance, reflect Senior Management's objectives and reflect the Bank's risk appetite. Prepare quarterly report to the Board of loan policy exceptions/trendsEstablish and review loan administration procedures to ensure they are adequate to maintain portfolio expectations for quality and profitability.
Portfolio Risk Management:
Review and approve construction loan disbursements for commercial and residential projects,Conduct quarterly loan reviews of select new and renewed real estate loans based on pre-defined loan review parameters,Develop and maintain quarterly speculative construction report including a summary narrative of each major project.Prepare an Annual Review of Commercial Mortgages, coordinating collection of updated property data (rent rolls, P&Ls, tax returns) with the relationship managers and site inspections with our 3rd party vendor and Appraisal Coordinator,Stratify the Commercial Real Estate (CRE) portfolio to identify sectors of loans that are exposed to the same risk, analyzing these sectors and assess any mitigating factors,Perform stress testing of the CRE portfolio to illustrate potential impact on capital and the ALLL of increased vacancy rates in the market by product type, slower absorption rates, reduced sales prices, higher capitalization rates, higher interest rates, etc.Evaluate the Bank's CRE concentration levels relative to peer banks and ensure compliance with regulatory expectations for risk management.Monitor/manage a portfolio of purchased CRE loans,Work with other lending units on due diligence/evaluation of prospective loan portfolio purchases.
Management Reporting:
Prepare and submit required period blanket lien reports of eligible real estate loans to FHLB,Work with the Finance Department to ensure that schedules RC-Cand RC-L of quarterly Call Reports contain accurate loan information.
Non-Essential Functions:
Performs special projects as neededPerforms other duties as assignedKnowledge, Skills and Abilities:
Thorough knowledge of commercial and commercial real estate loan documentation procedures and regulations.Thorough knowledge of federal and state loan regulations.Thorough knowledge of Bank lending policies and procedures.Thorough knowledge of legal issues pertaining to loan documentation and bank internal operating systems.Thorough knowledge of loan documentation and financial software.Thorough knowledge of financial statement analysis, loan structure, loan documentation, and regulations.Skills operating a personal computer including word processing, spreadsheet and presentation software.Ability to attend early morning and evening meetings.Minimum Qualifications:
A combination of education and experience equivalent to a bachelor's degree in finance, accounting or related field AND 8 years' experience in commercial real estate credit or compliance.Compensation:
The hiring range for this position is $92,938 to $139,000 annually. The compensation offered will fall within this range, commensurate with the candidate's applicable experience, education and skills.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)