What are the responsibilities and job description for the Head of Credit (Commercial Bank) position at Social Capital Resources?
Commercial Bank in Midtown, Manhattan is seeking a Head of Credit & Risk!
Responsibilities:
- Responsible for managing the risk associated with a bank or lending institution's loan portfolio.
- Overseeing the design, execution, and communication of credit risk management policy, including the approval process, administration, and portfolio analysis
- Ensuring the quality and profitability of the loan portfolio
- Ensuring compliance with all applicable state and federal banking regulations
- Establishing and developing credit, collection, and fraud policies and objectives
- Overseeing loan procedures and the loan approval process
- Developing risk management and scorecard analytics
- Ensuring all internal documentation is in compliance with government regulations
- Acting as the principal spokesperson for the lending function
Qualifications:
- Bachelor's Degree
- Prior experience in a senior level credit position within commercial or community banking is highly preferred
- Must be fluent in Mandarin or Cantonese
Salary : $225,000 - $250,000
