VP Credit Administration

VP Credit Administration 
located onsite in Manhattan with a foreign bank

Base salary range $110-230k depending on skills and experience

Qualifications:

  • Bachelor’s degree in Finance, Business Administration, or a related field; MBA or advanced degree preferred.
  • Minimum of 8-10 years of experience in credit administration, risk management, or a related field, with at least 5 years in a leadership role.
  • CPA/CFA/FRM is preferred
  • Demonstrate strong understanding of credit policies, regulatory requirements, and legal aspects of lending.

Responsibilities:

Pre-Disbursement Review

  • Review and analyze loan applications and supporting documentation to ensure compliance with lending policies.
  • Document Verification: Ensure that all necessary documentation (loan agreements, collateral documentation, borrower identification) is complete and accurate.
  • Credit Approval Confirmation: Verify that the loan has received all necessary credit approvals and adheres to internal lending policies.
  • Policy Adherence: Confirm compliance with the bank’s internal policies and procedures related to lending and credit risk.
  • Collateral Requirements: Confirm that all necessary collateral pledged and appraised if applicable.

Post Lending Monitoring and Collateral Management 

  • Oversee the valuation of various types of collateral, including real estate, equipment, and financial assets, ensuring accurate and timely assessments.
  • Develop and maintain a comprehensive collateral database to track collateral values and related metrics.

Credit Risk Governance and Reporting  

  • Prepare various credit risk reports and present to risk committees and senior management
  • Lead ad-hoc analysis based on emerging risk trends or at the request of senior management

Cross-Departmental Collaboration

  • Collaborate with all risk management, relationship managers, and credit officers to ensure a cohesive approach to credit risk management.

    Serve as a point of contact to provide insights on credit risk and facilitating the end-to-end lending process.

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Job Ref: 14950

Salary: $110000 – $230000

VP Credit Administration 
located onsite in Manhattan with a foreign bank

Base salary range $110-230k depending on skills and experience

Qualifications:

  • Bachelor’s degree in Finance, Business Administration, or a related field; MBA or advanced degree preferred.
  • Minimum of 8-10 years of experience in credit administration, risk management, or a related field, with at least 5 years in a leadership role.
  • CPA/CFA/FRM is preferred
  • Demonstrate strong understanding of credit policies, regulatory requirements, and legal aspects of lending.

Responsibilities:

Pre-Disbursement Review

  • Review and analyze loan applications and supporting documentation to ensure compliance with lending policies.
  • Document Verification: Ensure that all necessary documentation (loan agreements, collateral documentation, borrower identification) is complete and accurate.
  • Credit Approval Confirmation: Verify that the loan has received all necessary credit approvals and adheres to internal lending policies.
  • Policy Adherence: Confirm compliance with the bank’s internal policies and procedures related to lending and credit risk.
  • Collateral Requirements: Confirm that all necessary collateral pledged and appraised if applicable.

Post Lending Monitoring and Collateral Management 

  • Oversee the valuation of various types of collateral, including real estate, equipment, and financial assets, ensuring accurate and timely assessments.
  • Develop and maintain a comprehensive collateral database to track collateral values and related metrics.

Credit Risk Governance and Reporting  

  • Prepare various credit risk reports and present to risk committees and senior management
  • Lead ad-hoc analysis based on emerging risk trends or at the request of senior management

Cross-Departmental Collaboration

  • Collaborate with all risk management, relationship managers, and credit officers to ensure a cohesive approach to credit risk management.

    Serve as a point of contact to provide insights on credit risk and facilitating the end-to-end lending process.

#acgresourcesjobs

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