What are the responsibilities and job description for the Credit Risk Review Examiner Ill position at Umpqua Bank?
About Us:
Umpqua Bank is headquartered in the Pacific Northwest with 5,000 employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Role:
Provides an independent review and risk assessment of non-Homogeneous loans, including some of the bank's largest and most complex loans, ensuring adherence to Bank credit policies, underwriting guidelines, and applicable regulations, as well as determining that risk is accurately identified via the Bank's internal loan risk rating system. Periodically may be assigned responsibility for managing reviews of loan portfolios; coordinating workflow for a team of review officers, summarizing results, and communicating issues of concern to bank senior management.
- Performs risk analyses to determine financial integrity and identifies potential credit problems.
- Examines and evaluates records pertaining to loan documentation and collateral, documenting exceptions and omissions.
- Monitors compliance with bank policies and is the final authority on assignment of credit quality loan grade (risk rating) based on the borrower’s ability to pay and the level of credit risk to the bank. Summarizes and documents the facts and findings of reviews.
- Reviews recommended loan grade changes for non-Homogeneous loans/commitments to ensure the appropriate Risk Ratings are assigned.
- Provides recommendations regarding review frequency and identification of additional potential credit problems.
- Plans and conducts loan portfolio reviews, coordinating workflow, ensuring accuracy and completeness of results, summarizing and communicating issues of concerns to bank senior management.
- Advises senior management and the Board of Directors on specific loan situations and brings problems or documentation deficiencies to their attention.
- Reviews various reports to monitor and ensure that specified borrowing relationships are reported appropriately.
- Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
- Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
- Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
- May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
- Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.
- Takes personal initiative and is a positive example for others to emulate.
- Embraces our vision to become “Business Bank of Choice”
- May perform other duties as assigned.
About You:
- Bachelor’s degree in business, finance, economics, accounting, or equivalent, required.
- 4-7 years of experience in the specialized field of Credit Review or equivalent experience as an examiner with one of the federal regulatory agencies.
- Requires wide-ranging and in-depth knowledge of Credit Review practices/techniques, regulatory requirements, and company policies and procedures.
- Requires significant experience demonstrating the ability to oversee and/or conduct medium to high-risk reviews and examinations for a wide variety of industries.
- Demonstrated ability to effectively resolve sensitive situations.
- Outstanding financial analytical, written and verbal communication skills.
- CPA or financial industry professional certification, preferred.
Workstyle: Fully onsite.
Travel Type: Occasional.
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $ 64,946.70 to $105,000.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity:
Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: careers@umpquabank.com.
To Staffing and Recruiting Agencies:
Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.
Salary : $64,947 - $105,000
