SVP SR. CREDIT OFFICER
Company: Robert Half
Location: Los Angeles
Posted on: October 20, 2024
Job Description:
Job Title: Senior Vice President (SVP), Senior Credit
OfficerLocation: Los Angeles, CADepartment: Credit Risk
ManagementReports to: Chief Credit Officer (CCO) or Executive
Management
Job Overview:As the Senior Vice President (SVP), Senior Credit
Officer, you will be responsible for overseeing the bank's credit
portfolio, ensuring sound credit practices, and aligning lending
policies with regulatory requirements and risk appetite. You will
provide strategic leadership in credit decision-making, manage
high-value and complex credit relationships, and serve as a key
contributor to the growth and stability of the bank's lending
activities. This role requires deep expertise in credit risk
assessment, regulatory compliance, and relationship management,
with a focus on lending in the Los Angeles market.
Key Responsibilities:
- Credit Oversight: Oversee the bank's credit portfolio,
including approval and review of large and complex credit
transactions, ensuring alignment with the bank's risk appetite and
regulatory requirements.
- Credit Strategy: Develop and implement credit policies and
strategies in collaboration with the Chief Credit Officer to
achieve business objectives while managing credit risk.
- Risk Management: Monitor and assess credit risk, identifying
potential problem loans, and working with relationship managers to
mitigate risks.
- Credit Approvals: Approve or recommend loan requests, including
structuring and pricing of complex commercial, real estate, and
business loans.
- Credit Analysis & Due Diligence: Lead thorough analysis and due
diligence processes on prospective and existing loans, focusing on
financial statements, collateral, market conditions, and industry
risks.
- Regulatory Compliance: Ensure adherence to regulatory
requirements, internal policies, and credit underwriting standards,
including staying informed about relevant federal, state, and local
regulations.
- Team Leadership: Manage and mentor a team of credit officers
and analysts, providing guidance on complex transactions and
professional development.
- Portfolio Management: Monitor loan portfolios for potential
risks, problem credits, and opportunities for portfolio expansion
or improvement.
- Collaboration with Senior Leadership: Work closely with senior
management, the Board of Directors, and other internal departments
(Risk, Compliance, Finance) to maintain strong governance over
credit policies and procedures.
- Client Relations: Foster and maintain relationships with key
clients, borrowers, and business leaders in the Los Angeles market,
positioning the bank as a trusted financial partner.
- Market Insight: Stay abreast of economic trends, competitive
practices, and emerging risks in the Los Angeles banking and real
estate markets.
Qualifications:
- Education: Bachelor's degree in finance, economics, business
administration, or a related field. MBA preferred
- Experience: Minimum of 12-15 years of progressive experience in
credit risk management, with at least 5 years in a senior
leadership role, preferably in a commercial banking
environment.
- Technical Skills: Strong understanding of credit analysis,
financial modeling, loan structuring, and risk management
principles. Proficient with banking software and credit evaluation
tools.
- Regulatory Knowledge: In-depth knowledge of federal and state
banking regulations, particularly in credit risk and lending.
- Leadership Abilities: Proven track record of managing
high-performing teams and driving credit performance in a
commercial banking setting.
- Communication Skills: Excellent interpersonal, negotiation, and
communication skills, with the ability to influence at senior
levels both internally and externally.
- Market Knowledge: Strong knowledge of the Los Angeles market,
with established relationships and an understanding of local
industries and economic conditions.
Key Competencies:
- Strategic Thinking and Problem Solving
- Risk Assessment and Mitigation
- Leadership and Team Management
- Financial and Analytical Acumen
- Decision-Making and Accountability
- Client and Relationship Management
Keywords: Robert Half, Compton , SVP SR. CREDIT OFFICER, Other , Los Angeles, California
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