Valley Bank
Credit Risk Manager (Commercial Real Estate)
Valley Bank, Coral Gables, Florida, United States
Credit Risk Manager (Commercial Real Estate)
Job Overview
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.
At Valley, we’re all driven by an ambition that goes deeper than just having a job. That’s why, when you work for us, we make it our goal to help you focus on what drives you—working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want.
The day‑to‑day role includes analyzing business financial statements and tax returns, analyzing various types of commercial real estate projects (multifamily, mixed use, office, retail, construction), preparing credit memos for approvals of loan requests, preparing annual reviews of existing loans, completing renewals and modifications of existing loans, monitoring covenant compliance, and assisting in projects as required by management. Deal size could range from $5,000,000 to $50,000,000.
Responsibilities
Monitor the ongoing financial health of an assigned loan portfolio, maintaining communication with clients and the business team for all credit‑related reporting and business updates.
Underwrite and structure new prospective transactions as well as renewals, extensions, increases, and material modifications for existing clients.
Lead external client meetings and internal deal team discussions and approval discussions with senior management.
Identify, outline, and mitigate risks associated with potential lending opportunities, advise on all matters related to the Bank’s Credit Policy, and provide guidance on loan structures and risk appetite.
Review credit packages completed by junior team members and provide guidance and mentorship.
Perform due diligence and analysis, produce the credit presentation in accordance with guidelines and policy, present credit requests to the required level of credit authority, and oversee the legal documentation and closing process.
Approve transactions under individual lending authority, when applicable.
Maintain oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables, ensuring compliance with financial reporting, covenant compliance, collateral monitoring, third‑party reports, annual reviews, and maturing loans and lines of credit.
Validate and analyze reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc., to verify compliance.
Escalate issues to appropriate levels and develop action plans as necessary.
Ensure credits are accurately risk‑rated and properly monitored and reported.
Prepare all required quarterly reports and analysis, including Criticized Loan Monitoring Reports and other portfolio management reports.
Participate in special projects and requests related to portfolio management.
Required Skills
Strong understanding of policies and procedures, underwriting guidelines, and RACs.
Advanced knowledge of credit underwriting, financial accounting, and loan documentation.
Strong knowledge of how a deal should be structured and comfortability with explaining this structure to lenders.
Strong computer skills using Microsoft Word, Excel, and Outlook.
Strong interpersonal and social skills to interact with loan officers, administrative staff, and customers.
Ability to manage time efficiently.
Strong mathematical skills.
Strong credit 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 7 years of experience in a commercial lending environment in a credit‑oriented and underwriting position.
Preferred Experience
Bachelor’s degree in a related field and completion of a formal credit training program.
Location(s) Coral Gables, FL
Total Rewards Summary We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also receive commission‑based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.
In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.
Pay Range $83,100.00 – $143,500.00 / year
Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to “Pay Transparency Law” in the impacted states that have mandated the employers to list the salary ranges in job advertisements or postings for job opportunities and job promotions.
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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.
At Valley, we’re all driven by an ambition that goes deeper than just having a job. That’s why, when you work for us, we make it our goal to help you focus on what drives you—working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want.
The day‑to‑day role includes analyzing business financial statements and tax returns, analyzing various types of commercial real estate projects (multifamily, mixed use, office, retail, construction), preparing credit memos for approvals of loan requests, preparing annual reviews of existing loans, completing renewals and modifications of existing loans, monitoring covenant compliance, and assisting in projects as required by management. Deal size could range from $5,000,000 to $50,000,000.
Responsibilities
Monitor the ongoing financial health of an assigned loan portfolio, maintaining communication with clients and the business team for all credit‑related reporting and business updates.
Underwrite and structure new prospective transactions as well as renewals, extensions, increases, and material modifications for existing clients.
Lead external client meetings and internal deal team discussions and approval discussions with senior management.
Identify, outline, and mitigate risks associated with potential lending opportunities, advise on all matters related to the Bank’s Credit Policy, and provide guidance on loan structures and risk appetite.
Review credit packages completed by junior team members and provide guidance and mentorship.
Perform due diligence and analysis, produce the credit presentation in accordance with guidelines and policy, present credit requests to the required level of credit authority, and oversee the legal documentation and closing process.
Approve transactions under individual lending authority, when applicable.
Maintain oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables, ensuring compliance with financial reporting, covenant compliance, collateral monitoring, third‑party reports, annual reviews, and maturing loans and lines of credit.
Validate and analyze reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc., to verify compliance.
Escalate issues to appropriate levels and develop action plans as necessary.
Ensure credits are accurately risk‑rated and properly monitored and reported.
Prepare all required quarterly reports and analysis, including Criticized Loan Monitoring Reports and other portfolio management reports.
Participate in special projects and requests related to portfolio management.
Required Skills
Strong understanding of policies and procedures, underwriting guidelines, and RACs.
Advanced knowledge of credit underwriting, financial accounting, and loan documentation.
Strong knowledge of how a deal should be structured and comfortability with explaining this structure to lenders.
Strong computer skills using Microsoft Word, Excel, and Outlook.
Strong interpersonal and social skills to interact with loan officers, administrative staff, and customers.
Ability to manage time efficiently.
Strong mathematical skills.
Strong credit 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 7 years of experience in a commercial lending environment in a credit‑oriented and underwriting position.
Preferred Experience
Bachelor’s degree in a related field and completion of a formal credit training program.
Location(s) Coral Gables, FL
Total Rewards Summary We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also receive commission‑based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.
In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.
Pay Range $83,100.00 – $143,500.00 / year
Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to “Pay Transparency Law” in the impacted states that have mandated the employers to list the salary ranges in job advertisements or postings for job opportunities and job promotions.
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