Credit Risk Review Senior Vice President at BBVA in Union City, New Jersey

Credit Risk Review Manager

The candidate will report to the USA Head of Credit Review and is responsible for independently managing all aspects of credit risk reviews. The position requires a self-driven, problem solving individual that has a strong credit review background.

Responsibilities

• Lead target reviews, continuous monitoring reviews and risk assessments, including planning, executing and reporting to evaluate risk ratings and ensure compliance with policies, approvals, underwriting practices and monitoring.
• Perform independent, objective and timely assessment of credit risk ratings and credit risk management process. Identify deficiencies and/or areas of improvement in credit risk procedures and policies and recommend corrective actions where necessary.
• Evaluate borrower financial performance through the assessment of financial statements and credit risk metrics, including income statement, cash flow statement, balance sheet, capital structure analysis and all base as well as stress-scenario financial projections as required.
• Maintain in-depth knowledge of all policies and procedures related to lending, credit rating and problem loan monitoring. Proactively recommend changes to policies and procedures as needed
• Maintain an excellent working knowledge of Bank credit policies and procedures to measure appropriate adherence. Stays well informed on credit products and structures, industry trends and regulatory changes
• Compiles data collected during reviews and interprets the data in narrative and analytical form to present findings to Loan Review and Bank management.
• Effectively convey difficult or complex information in an easy to understand manner, by providing the big picture and illustrating important linkages.
• Able to articulate verbal and well written supported opinions of process, procedure and credit risk to senior management to effectively challenge internal risk ratings where appropriate to effectively challenge internal risk ratings where appropriate.
• Demonstrate a commitment to quality and attention to detail and is accountable for consistency of work products.
• Serves as an expert resource relative to all Policy and Regulatory matters; knows, understands, and appropriately applies commercial Regulatory guidance.
• Utilizes skills and abilities to proactively improve Credit Review department process and product.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or equivalent field.
• Minimum of 10 years in loan review or Regulatory examinations. At least 15 years credit risk experience with financial institution or regulator.
• Credit risk experience in Corporate Investment Banking, Project Finance, Financial Institutions and Commercial Real Estate.
• Strong verbal and written communication skills.
• Strong knowledge of Commercial lending and credit analysis with proven experience in corporate, syndicated and leveraged loans.
• Critical thinking and problem-solving skills.
• Advance Excel skills and experience.
• Ability to work independently, accept accountability and demonstrate initiative.
• Technical Google skills for data analysis.
• Must be able to prioritize and organize assignments and meet strict deadlines

Preferred Qualifications

• Master's degree a plus
• Credit Risk training or Credit Risk Certification

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. With respect to this position in our New York Office, the expected base salary ranges from $180,000 to $200,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus. Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions