Credit Review Job Description
Credit review
provides credit training to all members Risk Management on internal credit policy and procedures, financial statement analysis and credit bureau review.
Credit Review Duties & Responsibilities
To write an effective credit review job description, begin by listing detailed duties, responsibilities and expectations. We have included credit review job description templates that you can modify and use.
Sample responsibilities for this position include:
To identify gaps in underwriting, approval, monitoring, relationship management and credit administration activities
Provide assistance and consultation to lending and credit personnel, auditors, and regulatory examiners
Chartered Financial Analyst (CFA), Doctor of Philosophy (PhD), Masters in Finance qualification or the equivalent experience or qualifications
As team member, the Credit Review Associate participates in reviews led by Credit Review Officers
Ensure consistent application of firm wide Risk Policy Credit Review policies and procedures
Identify loans with potential credit weakness and any relevant trends that may affect collectability
Develop, implement, and oversee ongoing risk-based credit review programs for all U.S. loan portfolios
Assist in the development, implementation, and oversight of ongoing risk-based credit review programs for all U.S. loan portfolios
To identify existing and/or emerging issues relating to credit quality and risk
To identify portfolio concentrations
Credit Review Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Review
List any licenses or certifications required by the position: CFA, BIC, FRM, CA, CPA
Education for Credit Review
Typically a job would require a certain level of education.
Employers hiring for the credit review job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Economics, Business, Education, MBA, Graduate, Management, Military, Business/Administration
Skills for Credit Review
Desired skills for credit review include:
Accounting
Economics
Finance
Risk analysis
Credit administration
Policy and procedures
Credit and risk analysis
Regulatory
Lending products
Underwriting guidelines
Desired experience for credit review includes:
Good knowledge of Canadian Banking rules and regulations, the rules and regulations of the various Canadian financial regulators
The Credit Review group is responsible for providing an independent assessment of the credit quality of the US wholesale loan portfolio
Conducting credit/loan portfolio reviews for their assigned segment of the loan portfolio, assisting as necessary with other segments as required
8+ years of financial services experience preferably in investment or corporate banking, or the rating agencies
5+ years experience as a credit sanctioner, loan underwriter, credit risk or loan reviewer, or credit audit within a large financial institution
5+ years experience in people management, project leadership or tasks consulting
Credit Review Examples
1
Credit Review Job Description
Job Description Example
Our company is looking for a credit review. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit review
- To monitor compliance with internal policies and procedures, laws and regulations
- Acts as the CCRO delegate to the Loan Working Group/Sub-committee, under the Credit Sub-committee with capacity to delay approval of new acquisitions, renewals /extensions to existing partners upon satisfaction of credit risk related conditions
- As team member, the Credit Review Associate participates in reviews led by Credit Review team members
- Direct the assignment of business and opportunities to appropriate channel and monitor outcomes for those assignments
- Develop and recommend policies, guidelines and practices for middle market C&I banking relationships, profitability, strategic goals, and management policies
- Monitor loan quality and risk performance of assigned portfolio with appropriate feedback to executive management
- Partner with Commercial Banking Market Executives to develop effective loan structures
- Administer advice and guidance to team members/managers
- Credit Risk Review Function
- Managing a team located in Toronto and in London, U.K
Qualifications for credit review
- Minimum of seven years proven and progressive retail credit risk, lending or credit analysis experience or equivalent
- Strong knowledge of all current PC applications (including Lotus and Microsoft applications), pertinent mainframe systems and software packages
- Experience managing cross functional projects involving employees from multiple disciplines within a banking context
- Proficiency with personal computers pertinent mainframe systems and software programs
- Twelve years proven credit policy and/or credit risk management/analytics experience, or equivalent
- In-depth knowledge of all facets of credit policy, risk management, credit risk assessment and credit management quantitative experience
2
Credit Review Job Description
Job Description Example
Our growing company is hiring for a credit review. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit review
- Conducting credit reviews of borrowing relationships within the Wealth Management credit book, primarily on an annual basis but more frequently if required
- Ensuring transaction and collateral remains within approval guidelines including covenant and financial compliance of the transaction/borrower
- Partner with regional credit team and Relationship Managers where appropriate to gather all relevant information to conduct credit reviews, make recommendations for remediation, respond to GRM queries, ensure appropriate documentation, and follow up on correspondence with clients following breaches and/or events of default
- Liaise with auditors (internal and external) and compliance representatives in routine reviews of files and annual reviews in partnership with local regional credit team
- Highlight and escalate to manager any credit writing deficiencies noted upon completion of annual reviews and make proposals to avoid such deficiencies going forward
- Participate in ad hoc projects as requested by manager including CTM projects to improve the data integrity of credit reporting and suggest systematic improvements to improve efficiencies within the credit management processes and work flow
- Review preflight memos and credit recommendations within a defined scope for accuracy, and approves or declines them within their respective credit approval limits
- Collaborates with commercial bankers to develop high quality loan portfolios
- Coach bankers in the development of complete, accurate and well-structured credit recommendations, including guidance and advice on financial analyses, loan structuring and other credit skills
- Helps maintain commercial credit quality standards and provides strong and consistent credit leadership
Qualifications for credit review
- 10+ years of relevant commercial lending and credit experience
- Ability to work under tight timelines, and high volume levels in keeping with established Service Level Agreement for position
- Superior understanding of the end-to-end credit review process that involves various groups (GRM, Banking, LUC, LSU)
- Manages Credit Review data
- Experienced credit professional with a minimum of five years consumer credit experience, preferably with a background in consumer credit underwriting and/or credit risk management
- Fifteen plus years of relevant demonstrated lending experience in middle market C&I industry with a variety of industry knowledge and specialization
3
Credit Review Job Description
Job Description Example
Our company is searching for experienced candidates for the position of credit review. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit review
- Stay abreast of changes to policy, procedures, business strategies, best practices, systems and regulations impacting the adjudication / lending process of retail loans
- Provide recommendations and ideas to support development of a new business function
- Conduct post approval review of credits as requested by management with such review to include verifying that the credit was documented as approved and that the credit is properly and accurately recorded on the bank’s systems (including CCMS and COMS) ensure proper set up of compliance monitoring (in TMS or other system/methodology)
- Participate in ad hoc projects as requested including CTM projects to improve the data integrity of credit reporting and suggest systematic improvements to improve efficiencies within the credit management processes and work flow
- May be required to coach and train other team members
- Assess the quality, accuracy, integrity of information and soundness of lending decisions
- Understanding all of the executed legal documents, relating to a specific trade to understand the structure and purpose of the deal
- Working with Business Partners to standardise booking practices and reduce operational risk surrounding exotic bookings
- Facilitating process improvements both within and outside of the group
- Working closely with Technology to develop new systematic controls and reporting to drive the Deal Review Team agenda
Qualifications for credit review
- Eight or more years in a leadership or management role
- Proven ability to prospect and plan selling strategies
- Advanced analytical and credit skills, excellent problem solving and decision making skills with the ability to balance credit quality and sales production
- Demonstrated ability to motivate and lead people to perform beyond their perceived potential
- Providing interface to local and global Senior Management
- Strong financial mathematics experience and experience in modelling trades
4
Credit Review Job Description
Job Description Example
Our company is hiring for a credit review. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit review
- Staying current on all regulatory matters relating to CRM in major markets – USA, EMEA and Asia
- Provide management with credit information and regulatory reporting
- Experience in drafting/reviewing complex transaction legal documentation
- Experience within a structured product business
- A background in multiple asset classes but particularly within credit (beneficial)
- Able to demonstrate previous experience in this area
- Handle customer inquiries and new loan and/or account information
- Meet established goals in regard to service and production guidelines
- Responsible for working to solve customer issues so that existing or potential problems can be resolved
- Demonstrate acute problem solving abilities
Qualifications for credit review
- Review of exception/Audit reports
- Publishing Weekly/Monthly Dashboards
- Responsible for process improvement, Identifying and fixing the gaps in these processes (if any)
- Regular coordination with Branch, NAU and Audit team
- Of the Bank’s loan policies and/or approved controls or covenants, including appropriate approval levels
- 2 years’ experience in validation or review of credit or financial models
5
Credit Review Job Description
Job Description Example
Our company is looking to fill the role of credit review. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit review
- Communicate both verbally and in writing with other departments within and outside the division on account related matters
- Be accountable for mitigating risk and improving credit portfolio quality
- Support consistency and efficiency among sales partners and adjudicators, in their application of credit policies and procedures
- Maintain a focus on the right balance of positive client experience/market sensitivity and risk mitigation
- Use deep credit knowledge to uncover areas of concern/risk trending and work to close gaps and avoid further risk
- Demonstrate a long-term perspective in balancing credit risk mitigation and client experience components
- To act as the Chief Reviewer for selected On-Site Reviews - Undertake the selection process of assets for On-Site Reviews from initial preparation of the Risk Assessment through to the production of a final report
- When not the nominated Chief Reviewer, to participate as a Reviewer
- In addition, CRDE undertake Special Reviews based on a variety of themes to which the successful candidate will be expected to contribute at the planning and execution stage
- To assist in a variety of other reporting tasks as arising
Qualifications for credit review
- CPA, CIA, CFA, CFP, IARCP, FRM, RMA-CRC and/or similar risk-management or financial certifications
- Performs independent reviews of the credits held in portfolios
- Based on the findings, recommend changes in risk ratings
- Responsible for meeting all review completion deadlines in order to adhere to the annual review schedule and attainment of the required coverage
- Lead exams including the writing of a report summarizing findings at least two times per year
- Excellent written/verbal communication skills• Strong organizational skills, flexibility and proven ability to prioritize and meet deadlines in a high volume environment• Proven ability to interact with various levels of management and lending staff• Commitment and ability to recommend service, process and policy enhancements which will add value to the bank