VP, Commercial Credit Risk
$200,000–$225,000 year
HybridFort Lee, New Jersey, United States
Job Summary
Perform independent second line of defense reviews of all commercial credit originations, providing risk-based challenges to first-line underwriting assumptions. Conduct financial and risk assessments for healthcare providers and review credit exposures from fintech partnerships. Support the design and enhancement of internal credit risk rating scorecards while overseeing annual reviews, rating upgrades/downgrades, and impairment analyses. Monitor portfolio-level credit quality indicators and partner with the Allowance/CECL team for reserve analysis. Maintain and update the Commercial Lending Policy and Procedures. Reports directly to the Chief Credit Risk Officer within a FDIC-regulated community bank. Requires 10+ years in commercial credit risk with 5+ years in second line of defense. Salary range $200,000-$225,000. Hybrid work arrangement.
Required Qualifications
- Bachelor's degree - in Finance, Accounting, Economics, or a related field (required)
- Minimum 10 years of progressive experience in commercial credit risk, underwriting, or credit portfolio management within a banking environment, preferably at a community or regional bank
- At least 5 years in a second line of defense, credit review, or senior credit risk management role
- Demonstrated experience with CRE, Construction, Lender Finance, C&I, SBA and/or Health Care lending portfolios
- Understanding of CMS/Medicaid/Medicare reimbursement dynamics and Health Care regulatory and licensure risk factors
- Prior involvement in regulatory examination preparation and response
Desired Qualifications
- Master's degree (MBA) or professional certification (e.g., CFA, CRC, FRM, RMA-CCRM) (preferred)
- Experience with FDIC and/or OCC regulated institutions strongly preferred
- Experience with or exposure to Fintech/BaaS lending programs and third-party risk management is a significant plus
- Priority consideration will be given to candidates who have experience in Healthcare related transactions involving skilled nursing and assisted living facilities
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.