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Valley Bank

Credit Risk Manager - Ybor City, FL (CRE)

Valley Bank, Tampa, Florida, us, 33646

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Credit Risk Manager - Ybor City, FL (CRE)

role at

Valley Bank

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice—building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth—with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

The day to day role would include analyzing business and personal financial statements and tax returns, analyzing various types of commercial real estate projects, preparing credit memos for approvals of loan requests, preparing annual reviews of existing loans, completing renewals and modifications of existing loans, monitoring covenant compliance, assisting in projects as required by management. Deal size could range from $5,000,000 to $50,000,000 (smaller less complicated loans to start).

Responsibilities

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.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Sales

Industries

Banking

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