VP Credit Review

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VP Credit Review

Direct Hire

Job
-09507

Solugenix is assisting a client in their search for a VP Credit Review. This is a direct hire opportunity based out of Los Angeles, CA (Hybrid).

The Vice President of Credit Review is part of the client's Risk Management Organization, functioning as a Third Line of Defense ( "TLoD”) to independently assess the effectiveness of the First and Second Lines of Defense's Risk Management Activities to identify, measure, monitor, and control risks. The Credit Risk Review ( "CRR”) team fulfills the responsibilities of the Credit Review (or Loan Review) function of the client, consistent with the May 2020 Interagency Guidance on Credit Risk Review Systems.

Through examinations and monitoring, Credit Review provides an independent assessment of credit decisions, portfolio management, and the effectiveness of credit processes across the Company's credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including the Chief Risk Officer, Chief Executive Officer, and Risk Management Committee.

The position requires an individual who has a track record of excellence in both Commercial and Industrial ( "C&I”) and Commercial Real Estate ( "CRE”) lending, ideally gained in underwriting, deal structuring, second-line credit adjudication or credit review function, or a combination thereof. The candidate must demonstrate solid expertise in credit analysis, financial and quantitative analysis, deal structuring, and determination of risk rating (including familiarity with PD / LGD rating models and methodology and use of scorecards).

In addition, knowledge and insights into the economic environment and its impact on different industry sectors, awareness of competitive dynamics in the financial services sector, experience with higher risk credits, working knowledge of Small Business Administration ( "SBA”) requirements, and the intellectual curiosity to learn will be key success factors in the role and help facilitate career growth.

The candidate's technical expertise will be complemented by excellent communication skills (both verbal and written) and the ability to successfully engage in complex discussions with unit heads of business divisions being audited (auditees).

Qualifications:

• A minimum of 10 years of credit and credit review experience is preferred, but competent candidates with solid potential and less experience are also encouraged to apply.
• Bachelor's Degree with a preference in finance, accounting, economics, or other business concentration.
• A commercial credit background and expertise in credit analysis/underwriting are required. Additionally, experience in credit review or credit audit is highly desirable.
• Strong knowledge of GAAP principles And Regulatory and banking Policies and Procedures.
• Experience in first line underwriting and second-line credit risk management/ adjudication or loan review is required.
• License(s) or Certification(s) in Certified Internal Auditor ( "CIA”), Certified Public Accountant ( "CPA”), or Certified Regulatory Compliance Manager ( "CRCM”) desired, but not required.
• Working expertise with Microsoft Office software, especially Excel, PowerPoint, and Word.
• Credit expertise must include at least three of the following segments - C&I, CRE, financial statement analysis, loan underwriting and structure, valuation, highly leveraged transactions, accounting standards, Uniform Commercial Code, capital markets and other non-traditional credit areas, including off-balance sheet credit risk, etc.
• Ability to support conclusions through fact-based analysis and ability to influence senior leaders.
• Excellent credit review/analysis, project management, and leadership skills.
• Strong organizational and communication skills, both written and verbal.
• Ability to manage multiple complex tasks while…