Sr. Supervisor, Credit Risk Review

Sr. Supervisor, Credit Risk Review

Country: United States of America

USA Job Family Description: Serve as the third line of defense, providing the Board Audit & Board Risk Committees and senior management with independent assurance on the quality and effectiveness of internal controls, risk management (current or emerging), governance processes and systems, and lending units (overall asset quality, risk and compliance processes, underwriting policies, procedures, limits, concentrations), thereby helping to protect the company’s value, solvency and reputation. To such ends, Internal Audit evaluates: the effectiveness and efficiency of these processes and systems; compliance with applicable laws and regulations, and with the requirements from supervisors; the reliability and integrity of financial and operational information; and, asset integrity. Credit Risk Review assesses the quality, quantity, direction and overall credit risk in the organization.

USA Job Function Description: Provide the Board Risk Committee and senior management with independent assurance on the company’s lending units to assess overall asset quality, risk and compliance with established underwriting policies, procedures, limits and concentrations. Assess the quality, quantity, direction and overall credit risk in the organization through planned vertical and horizontal reviews, oversight of portfolio monitoring functions such as promontories, watched assets reviews, TDR reviews, new origination reviews, credit risk/solvency reporting and other portfolio monitoring reporting. Provide objective assessments of credit risk management staffing, underwriting and credit analysis, portfolio monitoring, and problem loan management. Provide objective assessments of policies and procedures.

Essential Functions/Responsibilty Statements:

• Conducts onsite and offsite reviews, to provide an independent assessment of the quality, quantity, direction and overall credit risk in the organization through planned vertical and horizontal reviews.
• Assesses asset quality, status and appropriateness of existing risk controls/compliance with established underwriting policies/risk tolerance.
• Participates and leads onsite and offsite examinations.
• Works on the necessary sampling, defines scope and type of review.
• Prepares planning/intro memo.
• Reviews required documentation for loan review testing, inclusive of conducting credit file reviews and completing necessary line sheets.
• Reviews individual loan files for compliance with underwriting and default management policy and procedure.
• Prepares written summary report of findings, observations and recommendations.
• Communicates findings to Line and Risk management.
• Assists in the oversight of portfolio monitoring functions such as quality control, default/foreclosure management, credit risk/solvency reporting and other portfolio monitoring reporting.
• Assesses asset quality, status and appropriateness of existing risk controls/compliance with established underwriting policies/risk tolerance.
• Ensures underwriting credit analysis is sound and justifies/mitigates the identified credit risk.
• Ensures credit culture is consistent throughout organization and represents approved Risk Tolerance Statements.
• Assesses/Ensures risk rating integrity and timeliness of rating changes.
• Ensures appropriate specific reserves are in place and charge-off aretaken timely.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:
Bachelor's Degree or equivalent work experience in Accounting, Finance, Business or equivalent field. (Req)
Master's Degree in Accounting, Finance, Business or equivalent field. (Pref)

Work Experience:
Banking experience, preferably concentrated in Credit Risk Management or Credit Risk functions such as Underwriting or Originations, 12-15 years (Req)

Skills and Abilities:

• Strong working knowledge of loan procedures and policies
• Analytical and problem solving skills
• Ability to work independently with limited supervision
• Technology and computer skills, with the ability to effectively use Microsoft Office (Word, Excel, Outlook, Powerpoint)
• Detail oriented with project management skills
• Strong verbal and written communication skills
• Time management skills and the ability to complete multiple projects simultaneously and in a timely manner
• Solid diplomatic skills with the ability to resolve conflict

EEO Statement