CREDIT RISK MANAGER develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a CREDIT RISK MANAGER oversees the preparation of performance reports for management. May require a master's degree. Additionally, CREDIT RISK MANAGER typically reports to a head of a unit/department. The CREDIT RISK MANAGER manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a CREDIT RISK MANAGER typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
Job Summary
Manages and monitors a portfolio of client credit exposures with total Synovus Relationship Exposure (TSRE) over $2.5MM, across industry classes, on an ongoing basis. Underwrites credit requests including new requests, renewals, modifications, and conducts credit monitoring/portfolio management events such as quarterly/annual review, covenant compliance, and line availability calculated with support of aging reports and Borrowing Base Certificates, as the credit expert within the first line of defense. Monitors existing credit on a scheduled basis for issues or concerns. Works with Community Bankers to manage proposed credit requests from clients. Recommends credit structures and provides effective challenge while ensuring quality and profitability of assigned portfolio. Ensures adherence to the Synovus credit risk philosophy, risk appetite and lending strategies. Serves as an additional point of client contact, maintaining a high level of responsiveness. Navigates a wide variety of financial structures, credit scenarios and financial analysis situations. Communicates risk and return with Community Banking partners. Collaborates with Bankers on loan closings to ensure proper documentation of new and amended deals as well as waivers and modifications.
Job Duties and Responsibilities
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an Equal Opportunity Employer supporting diversity in the workplace
Minimum Education:
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Required Knowledge, Skills, & Abilities: