Job Description
GENERAL DESCRIPTION OF POSITION
The Credit Risk Officer is responsible for providing independent, second-line oversight of credit risk across the Bank, with particular emphasis on Commercial Real Estate (CRE) and other material lending portfolios. The role supports safe and sound banking practices by identifying emerging credit risks, monitoring trends relative to Board-approved risk appetite, and ensuring that enhanced credit monitoring frameworks operate effectively. The Credit Risk Manager serves as a key liaison between Credit Administration, Senior Management, and the Board on matters related to credit risk governance.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Provide independent oversight of credit risk management practices across all lending portfolios. Monitor portfolio-level credit risk trends and concentrations against Board-approved risk appetite and policy limits. Support and enhance governance frameworks related to credit risk monitoring, escalation, and reporting consistent with the Bank’s credit risk governance model.
Oversee the Bank’s Enhanced CRE Credit Risk Monitoring framework, including quantitative and qualitative escalation triggers. Review CRE-specific metrics such as DSCR, LTV, refinance risk, concentration levels, property-type performance, and market conditions. Identify emerging CRE risks and assess potential impacts on capital, earnings, and liquidity.
Independently review Watch List trends, migration patterns, and risk-grade accuracy. Ensure Watch List credits are supported by documented action plans with timelines and accountability. Provide effective challenge to credit risk ratings, assumptions, and remediation strategies.
Prepare and present credit risk reporting for Senior Management and the Board, emphasizing forward-looking risk trends. Support Asset Quality Committee and ALCO discussions by providing an independent risk perspective on credit-related matters.
Assist in maintaining credit risk-related policies, limits, and enhanced monitoring appendices. Monitor adherence to credit risk appetite limits and support escalation processes. Coordinate with Finance and Risk teams to ensure alignment with ACL/CECL qualitative factors and capital planning.
Serve as a subject matter resource during regulatory examinations related to credit risk governance, CRE concentrations, and enhanced monitoring practices. Support management responses to internal audit, external audit and regulatory examination deficiencies. Maintain documentation demonstrating effective independent credit risk oversight.
SUPERVISORY RESPONSIBILITIES
RESPONSIBILITIES FOR WORK OF OTHERS
Supervises a SMALL GROUP (1-3) of employees in the SAME or LOWER CLASSIFICATION. Assigns and checks work; assists and instructs as required, but performs same work as those supervised, or closely related work, most of the time. Content of the work supervised is of a non-technical nature and does not vary in complexity to any great degree.
EDUCATION AND EXPERIENCE
Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four-year college degree.
EXPERIENCE GENERAL
5 years related experience and/or training.
EXPERIENCE MANAGEMENT
2 years related management experience.