11 Credit Risk Officer Jobs in Stamford, CT
MRINetwork is Hiring a Credit Risk Officer Near Stamford, CT
Key Responsibilities
- Monitor portfolio concentrations to identify correlations, performance, and risk trends, and recommend appropriate policy limits and underwriting standards.
- Conduct or oversee stress and sensitivity analysis on the portfolio and concentrations, identifying potential increases in criticized asset levels or other adverse scenarios.
- Prepare industry analysis to support existing concentrations and explore new marketing initiatives.
- Produce regular reports for management and the board on the bank’s asset quality, portfolio composition, and administration.
- Manage the collateral valuation and environmental assessment processes, including engaging appraisers or environmental engineers, reviewing the qualifications of approved appraisers and firms, and maintaining related databases.
- Prepare the Allowance for Credit Losses analysis, incorporating economic, market, and portfolio trend data, and provide recommendations to the Board.
- Develop ad hoc reports and analyses as requested by senior management.
- Identify and implement improvements to streamline and enhance the effectiveness of existing reporting.
- Serve as the Recording Secretary for the Enterprise Risk Management Committee, ensuring accurate meeting minutes and proper record-keeping.
- Lead credit-related projects, developing and implementing processes and procedures, and monitoring their execution.
- Review and improve various credit-related processes to enhance efficiency.
- Ensure regular and predictable attendance.
- Comply with all bank policies, procedures, audit requirements, and federal regulations relevant to this position.
- Undergraduate degree in Accounting, Finance, or a related field, or equivalent work experience.
- Minimum three years of experience in bank reporting and analytics.
- Minimum one year of experience in bank commercial credit analysis.
- Familiarity with bank loan and financial accounting systems, such as FiServ CORE DNA and Abrigo’s Sageworks.
- Experience developing database queries using SQL, Visual Basic, or other programming languages, and report writing (preferred).
- Advanced related training, such as an MBA, CFA, Credit Risk Certification, and/or an Appraiser license (preferred).
- To schedule a call and discuss how your experience aligns, please call Rob Titterington at (724) 837-6337.
Job Summary
Full Time
Business Services
$63k-88k (estimate)
06/23/2024
08/21/2024
mrinetwork.com
FORT LAUDERDALE, FL
200 - 500
1965
JOHN MCDONALD
$10M - $50M
Business Services
Related Companies
The job skills required for Credit Risk Officer include Risk Management, Analysis, Credit Risk, Underwriting, Initiative, Economics, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit Risk Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit Risk Officer. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Credit Risk Officer positions, which can be used as a reference in future career path planning. As a Credit Risk Officer, it can be promoted into senior positions as a Letter of Credit Officer that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Credit Risk Officer. You can explore the career advancement for a Credit Risk Officer below and select your interested title to get hiring information.
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