Job Description
Credit Lead
18111 Von Karman Avenue, Irvine, California, US, 92612
13186
In Office
Credit
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Job Description
CREDIT LEAD
- Commercial Real Estate, Private Banking
In Office, Irvine, CA. WHAT IS THE OPPORTUNITY?
The Credit Lead is responsible for overseeing the management of credit portfolios within a certain region or industry. The Credit Lead will be involved in certain transactions, and depending on the size of the team and the size of the portfolio, may be expected to manage a portfolio of their own. On other transactions, the Credit Lead will serve as a point of escalation. The Credit Lead will be responsible for the quality and oversight of all credits for a specific set of Portfolio Managers, Credit Associates, and Credit Analysts. Activities will include credit adjudication with delegated credit authorities. This role will report to the Credit Manager and will work closely with them to manage a portfolio and oversee colleagues. This role be responsible for the day-to-day activities of managing a portfolio, including proactive management of colleagues' workflows to ensure that quality and accurate work product is delivered within cycle times. Depending on the team structure, the Credit Lead may have direct reports—regardless of reporting line, the Credit Lead is expected to coach and train colleagues at various levels in the Credit Solutions organization. The Credit Lead is expected to have knowledge of the portfolio managed by each colleague to ensure balanced workload and an understanding of to whom new clients/credits should be assigned. As part of talent management responsibilities, the Credit Lead periodically will review a sample colleagues' work product and provide feedback to colleagues.
WHAT WILL YOU DO?
The Commercial Real Estate Credit [Products/Solutions] team provides underwriting and proactive portfolio management expertise to the Bank's CRE clients, including private individuals and family offices, and institutional funds/investors/developers.
Colleagues will partner across numerous bank lines and divisions to provide tailored CRE lending solutions to clients, while proactively identifying risk on new and existing credits within the portfolio through a combination of internal and external resources.
CRE portfolio includes a variety of loan products secured or supported by varying asset types.
Team Management:
Leads and manages a team of Credit Solutions colleagues of various levels, providing functional guidance, risk management coaching, and performance management.
Credit Management:
Oversees credit analysis, underwriting, and portfolio management within the assigned industry/region/or credit line, ensuring alignment with organizational goals and risk management practices. May be involved in the initial assessment process for new credits, subsequent credit approval discussions, and management of the team's workflow.
Performance Monitoring:
Monitors and analyzes portfolio performance.
Risk Management:
Ensures effective risk management practices are in place, maintaining high standards of credit quality and origination in alignment with Bank's credit risk appetite, and compliance with institutional and regulatory requirements.
Business Growth:
Drives business growth through strategic planning, market analysis, and identifying new opportunities.
Collaboration:
Works closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank's strategic initiatives. Participate in and run ad-hoc projects to support the organization's priorities.
Industry Awareness:
Stays informed about industry trends, regulatory changes, and competitor activities to proactively address potential impacts on the region/industry and credit operations.
Talent Management:
Engages in formal and informal talent management activities to train, develop, manage, and coach team members, fostering a culture of continuous improvement and professional growth
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications
Bachelor's Degree or equivalent in Finance, Business, or related field
Minimum 8 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
Minimum 3 years of leadership and coaching experience in underwriting or credit management, even if informal
Additional Qualifications
Advanced experience in credit management and lending operations, with a strong understanding of risk management principles
Proven leadership and coaching skills, with the ability to train and develop talent
Excellent communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams
Strong analytical skills, with the ability to interpret complex data and make informed decisions
Industry-specific knowledge and expertise
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
