FVCbank
Portfolio Credit Risk Review & Special Assets
FVCbank, Baltimore, Maryland, United States, 21276
Portfolio Credit Risk Review & Special Assets (Temp)
Portfolio Credit Risk Review & Special Assets
role at
FVCbank
Type:
Full-Time, Temporary
| Department:
Credit Administration
| Reports to:
SVP of Portfolio Credit Risk
and indirectly to
SVP Special Assets
Temporary Position with Possibility of Extension and Permanent Placement
This temporary position has an initial term of 6-9 months, with potential extension based on business needs and performance. There is also a possibility to transition into a permanent role at the bank’s discretion, subject to performance and needs.
Job Summary The role supports the Portfolio Credit Risk Review team (60%), Special Assets team (30%), and special projects or other duties (10%). The selected candidate will be a seasoned credit or lending professional familiar with the Bank’s primary lending footprint and able to discern risk with minimal oversight.
Primary responsibility is to perform detailed loan reviews on an annual or more frequent basis to ensure covenant compliance, appropriate risk ratings, and monitoring for credit deterioration. The role collaborates with Lending and Relationship Managers to collect financial data for annual reviews.
Secondary responsibilities involve assisting with a portfolio of problem commercial loans and/or deposit relationships, developing workout plans with the CCO and SVP of Special Assets, and administering/restructuring problem loans with minimal supervision to optimize recovery. Evaluates client relationships to determine retention plans and opportunities to restructure and cross-sell bank products when appropriate.
Essential Job Functions
60%: Understand lending products, lending processes, and the Loan Review function; review lending portfolios and ensure regulatory expectations are met.
Complete detailed analyses for annual/quarterly reviews, test financial covenant compliance, and use analytical methods to identify credit trends.
Assess risk for individual loans and ensure ongoing appropriate risk ratings; monitor CRE market sectors quarterly as assigned.
Analyze financial statements, cash flows, and tax returns using bank software; supplement with external data sources to assess client/industry risk.
Assist in monitoring financial reporting requirements and clearing items on loan exception reports; review and approve Borrowing Base Certificates.
Essential Job Functions (30%)
Participate in ALLL and CECL readiness activities; support the CCO in meeting preparations.
Manage loan workout processes and perform complex ASC 310 analyses for troubled loans; defend analyses with auditors/regulators.
Identify migration trends and advise on transfers to Special Assets; manage troubled assets efficiently with legal coordination.
Coordinate insurance coverages for bank properties; evaluate losses and project exposure; determine risk ratings.
Prepare Classified Asset Reports and impairment calculations; negotiate with professionals to optimize cost/benefit for the Bank.
Maintain updated collection reports and monitor borrower communications; supportcollect recoveries or rehabilitation as needed.
Essential Job Functions (10%)
Perform other duties as assigned.
Job Requirements
Bachelor’s degree in Accounting or Finance or equivalent with 5-8 years of experience.
Ability to multi-task, work with limited supervision, and maintain attention to detail.
Strong analytical, written and verbal communication skills; proficient in Microsoft Office; proficient with Imaging system (M-File).
Desired Skills
Understanding of workout procedures, ASC 310, and annual review/renewal analyses.
Advanced financial analysis, workout strategies, and commercial loan documentation knowledge.
Ability to defend risk rating and workout recommendations; effective written and verbal communication.
Physical/Travel Requirements
Ability to sit, stand, kneel, and bend for extended periods; operate a computer.
Ability to travel by air, rail, car, or bus as needed.
Disclaimer and EEO The position may involve access to cash, financial instruments, or confidential customer information. A consumer report and additional background checks may be requested. We are an Affirmative Action/EEO Employer and do not discriminate on protected characteristics.
Apply Apply at www.fvcbank.com / Careers Tab
Compensation (illustrative) Salary ranges and locations are shown for reference depending on area.
Note: This listing reflects the original content but is reformatted for clarity and accessibility. It preserves responsibilities, qualifications, and expectations while removing boilerplate and non-essential items.
#J-18808-Ljbffr
role at
FVCbank
Type:
Full-Time, Temporary
| Department:
Credit Administration
| Reports to:
SVP of Portfolio Credit Risk
and indirectly to
SVP Special Assets
Temporary Position with Possibility of Extension and Permanent Placement
This temporary position has an initial term of 6-9 months, with potential extension based on business needs and performance. There is also a possibility to transition into a permanent role at the bank’s discretion, subject to performance and needs.
Job Summary The role supports the Portfolio Credit Risk Review team (60%), Special Assets team (30%), and special projects or other duties (10%). The selected candidate will be a seasoned credit or lending professional familiar with the Bank’s primary lending footprint and able to discern risk with minimal oversight.
Primary responsibility is to perform detailed loan reviews on an annual or more frequent basis to ensure covenant compliance, appropriate risk ratings, and monitoring for credit deterioration. The role collaborates with Lending and Relationship Managers to collect financial data for annual reviews.
Secondary responsibilities involve assisting with a portfolio of problem commercial loans and/or deposit relationships, developing workout plans with the CCO and SVP of Special Assets, and administering/restructuring problem loans with minimal supervision to optimize recovery. Evaluates client relationships to determine retention plans and opportunities to restructure and cross-sell bank products when appropriate.
Essential Job Functions
60%: Understand lending products, lending processes, and the Loan Review function; review lending portfolios and ensure regulatory expectations are met.
Complete detailed analyses for annual/quarterly reviews, test financial covenant compliance, and use analytical methods to identify credit trends.
Assess risk for individual loans and ensure ongoing appropriate risk ratings; monitor CRE market sectors quarterly as assigned.
Analyze financial statements, cash flows, and tax returns using bank software; supplement with external data sources to assess client/industry risk.
Assist in monitoring financial reporting requirements and clearing items on loan exception reports; review and approve Borrowing Base Certificates.
Essential Job Functions (30%)
Participate in ALLL and CECL readiness activities; support the CCO in meeting preparations.
Manage loan workout processes and perform complex ASC 310 analyses for troubled loans; defend analyses with auditors/regulators.
Identify migration trends and advise on transfers to Special Assets; manage troubled assets efficiently with legal coordination.
Coordinate insurance coverages for bank properties; evaluate losses and project exposure; determine risk ratings.
Prepare Classified Asset Reports and impairment calculations; negotiate with professionals to optimize cost/benefit for the Bank.
Maintain updated collection reports and monitor borrower communications; supportcollect recoveries or rehabilitation as needed.
Essential Job Functions (10%)
Perform other duties as assigned.
Job Requirements
Bachelor’s degree in Accounting or Finance or equivalent with 5-8 years of experience.
Ability to multi-task, work with limited supervision, and maintain attention to detail.
Strong analytical, written and verbal communication skills; proficient in Microsoft Office; proficient with Imaging system (M-File).
Desired Skills
Understanding of workout procedures, ASC 310, and annual review/renewal analyses.
Advanced financial analysis, workout strategies, and commercial loan documentation knowledge.
Ability to defend risk rating and workout recommendations; effective written and verbal communication.
Physical/Travel Requirements
Ability to sit, stand, kneel, and bend for extended periods; operate a computer.
Ability to travel by air, rail, car, or bus as needed.
Disclaimer and EEO The position may involve access to cash, financial instruments, or confidential customer information. A consumer report and additional background checks may be requested. We are an Affirmative Action/EEO Employer and do not discriminate on protected characteristics.
Apply Apply at www.fvcbank.com / Careers Tab
Compensation (illustrative) Salary ranges and locations are shown for reference depending on area.
Note: This listing reflects the original content but is reformatted for clarity and accessibility. It preserves responsibilities, qualifications, and expectations while removing boilerplate and non-essential items.
#J-18808-Ljbffr