What are the responsibilities and job description for the Credit Review Officer, Sr. position at Synovus Financial Corp?
Job Summary
Reviews assigned loans in Community, Wholesale, and Retail examinations to ascertain quality of loan portfolios in a given line of business or portfolio sector. Analyze and assess the quality of underwriting, credit administration practices, and risk rating accuracy in a wide variety of loan types, structure, and financial analysis situations. Reviews compliance with loan policy and regulatory requirements. Work with Account Officers, Credit Risk Managers, and Credit Officers to gather and analyze information to independently assess credit risk in alignment with the bank's credit risk appetite. Challenges the appropriateness of credit administration and risk rating accuracy when necessary. Provide final written and verbal feedback supporting findings and conclusions.
Job Duties and Responsibilities
- Conducts a systematic review of assigned loans to measure underwriting adequacy, soundness of loan policy and processes, credit monitoring activities, documentation adequacy, collateral evaluation, risk rating accuracy, and problem loan administration. All reviews should measure compliance with loan policy and regulatory requirements.
- Interacts, verbally or in writing, with lending and credit staff, as necessary, in conjunction with loan reviews. Prepares and participates in loan discussions where risk rating accuracy or other findings are challenged.
- Produces reports documenting review findings for presentation to department management. Reports follow an established structure per department guidelines.
- Conducts continuous monitoring activities on assigned portfolios.
- Assists and/or serves as Examiner-in-Charge and Team Leader as needed to include identifying the scope and plans for resources; conducts and participates in the review; oversees the activities of assigned team members involved in the examination which includes reviewing, finalizes and communicates the findings.
- Provides verbal presentation of review findings to appropriate audience, primarily department management, division management, lending staff, and regional credit management.
- Maintains a good working knowledge of Synovus Bank's lending policies and procedures to measure policy compliance during review. Stays informed on new loan products, industry trends and regulatory changes.
- Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
- Performs other related duties as required.
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an Equal Opportunity Employer supporting diversity in the workplace
Minimum Education:
Bachelor's Degree in Business Administration, Finance, Accounting or related discipline, or an equivalent combination of education and experience.
Minimum Experience:
3 years CRO II experience or 8 years credit analysis/underwriting experience
Required Knowledge, Skills, & Abilities:
- Commercial lending, commercial credit, or credit review/examiner experience
- Understands how to identify, measure control and monitor risk in Ccommunity and Wholesale lending
- Experience in credit analysis and familiarity with complex commercial loan documentation
- Proven ability to provide objective feedback in a constructive manner
- Ability to work independently and maintain objectivity in assessments
- Proficient in Excel, Word, lending and risk analyst applications
- Strong verbal and written communication skills
- Strong analytical, problem solving, deductive reasoning, and organizational skills
Preferred Knowledge, Skills, & Abilities:
- Proficient in Synergy, Lender Workbench and Moody's analytics
Synovus is an equal opportunity employer supporting diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law
