New York, NY
9 days ago
Credit Officer
Responsibilities include but are not limited to: Carries some approval authority for commercial credit requests in all portfolios (retail, commercial & Industrial, real estate, specialized industries, and leasing). Manage a team of CPM Team Leaders and Credit Portfolio Managers with direct and indirect reports to ensure operational efficiency, collaboration across teams and quality work product. Provide guidance to landers and Credit Portfolio Managers concerning the underwriting and structuring of commercial loans, commercial mortgages and ACH transactions. Monitor credit policy/procedure compliance and provide guidance for assigned landing teams and Credit Portfolio Managers. Ensure annual reviews, covenant compliance, past due loan status and other portfolio management responsibilities are proactively addressed with the assigned lending teams. Proactively lead any changes within the corporate environment. Provide consistent and constructive feedback on direct report's performance and ensure the same is completed for indirect reports. Comply with all regulations pertaining to BSA, USA PATRIOT ACT, and OFAC. Complete annual BSA training. Report suspicions of criminal activity, or any attempt to avoid BSA reporting requirements on the part of customers or employees, to the AML/BSA Compliance Department. For supervisory positions, ensure BSA training requirements are completed by staff. Assess loans to Insider's relative to ensure compliance with Related Persons Transaction regulations, including preparation of annual report. Participate In establishing and maintaining credit policy and related procedures and guidelines. Evaluate loan restructurings and conduct present value analysis for potential reporting as trouble debt restructurings (TDRs). Conduct credit assessment of commercial loan portfolios as part of due diligence efforts for potential bank acquisitions. Conduct credit-related projects at the direction of the Senior Credit Officer. Provide Input for disaster recovery and business continuity and succession planning.
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