Credit Risk Officer QA/QC Senior First Line of Defense - City National Bank

• Reviewer-In-Charge (RIC) As RIC, direct the proactive, independent and objective evaluation of the LOB’s Credit Process by establishing an effective testing plan, testing scope and employing QC/QA standardized sampling techniques to achieve an appropriate risk-based sample
• Coordinate and oversee all aspects of assigned credit testing activities while focusing on quality control of transactional reviews and other work performed by the QC/QA team.
• Effectively apply CNB Credit Policies and QC/QA testing practices.
• Identify, analyze and prioritize deterioration or gaps in the management of credit risk practices and process controls that increase credit risk.
• Identify Credit Policy exceptions or Credit Policy application gaps and provide feedback to the 1LOD Credit Risk Program Manager and LOBs; recommend Credit Policy enhancements that can be better interpreted and executed.
• Analyze credit testing/assessment outcomes and recommend criticality ratings for identified Issues in the asset quality and credit process.
• Present accurate and timely credit testing Self-Identified Issues to 1LOD Credit Risk leadership and Front Line management both orally and in writing.
• Prepare timely, concise reports of the completed QC/QA testing, evidencing an appropriate Credit Process assessment and the criticality of Self-Identified Issues.
• Follows up for the satisfactory remediation of outstanding Observations, raised by internal (Credit Risk Review and Internal Audit) and external (Regulators) Reviewers/Examiners, respectively.
• Positively influence the behavior of credit and lending staff to increase the effectiveness of credit risk management and promote a strong and proactive credit culture through common sense, value-added recommendations and guidance.
• Identify and promote best practices and provide “training” to the line on both a formal and informal basis.
• Performs Asset Quality evaluation at a micro/individual transaction and/or macro portfolio level to: Identify, analyze and prioritize present and future credit risks to assist LOBs to minimize losses.
• Determine industry/macro-economic stress indicators that affect the individual LOB and those factors that present leading indicators for higher risk in the near to medium term.
• Evaluate major/complex higher risk portfolios for value-added recommendations/enhancements that assist the Front Line in improving the bank’s position.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 10 years of experience in credit risk portfolio management, credit administration, loan origination, and/or credit analysis as a commercial lender, regulator or credit review officer
• Minimum of 5 years of MS Office experience; working knowledge of Sharepoint, Tableau and Salesforce is a plus

Skills and Knowledge

• Prefer minimum 12 years of experience in credit underwriting, lending or review in a variety of industry types.
• Highly conversant in GAAP financial principles.
• Broad knowledge of corporate finance concepts and theories.
• Strong understanding of credit processes and systematic controls.
• Experience in a BASEL credit risk environment.
• Proficient analytical skills in Credit, quantitative and statistical, including cash flow computations, complex financial statements & industry analyses, rent rolls, MIS data extrapolations and legal documentation.
• Demonstrated knowledge of industry credit processes, lending policies, and current financial environments.
• Ability to analyze portfolio trends at a macro level, identifying emerging credit risk levels/profiles and symptoms of process control breakdowns.
• Ability to initiate and implement continuous improvement of the Quarterly Credit Risk Monitoring process by setting challenging goals and developing new and innovative approaches to deliver consistently high-quality results.
• Thorough understanding of credit review/testing techniques, including control procedures and principles.
• Ability to multi-task including working with large volumes of information, form conclusions, prioritize issues, determine appropriate action even with limited facts; and effectively communicate to 1LOD Credit Risk management including Credit Administration and Front Line Unit Leadership.
• Provide training in all aspects of credit risk assessment and QC/QA testing to new/junior 1LOD Credit Risk staff, and to other CNB colleagues upon request.