Credit Risk Officer provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer typically reports to a supervisor or manager. The Credit Risk Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Amalgamated Bank is seeking a CRE Credit Risk Officer reporting to the Head of Credit for CRE. The role primarily functions in a second line of defense capacity performing credit analysis/review for commercial real estate projects and borrower entities for CRE originations and criticized assets.
Essential Job Functions:
Credit Analysis Activities review of Credit Approval Memoranda (CAM) submitted by CRE Lending for various classes of commercial real estate, which includes:
Portfolio Management (PM) PM activity is for both the performing loans and watch list loans. Responsibilities include:
Day to Day Prioritize and operate in a multi-tasked and geographically dispersed environment both independently and expediently:
Knowledge, Skills and Experience Requirements:
Our job titles may span more than one career level. The starting base salary for this role is between $120,000.00 – $145,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.
Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.
As part of our commitment to health and safety, all team members currently working in our office space are required to show proof of vaccination. To be considered for any position at Amalgamated Bank where permitted by applicable law (including any applicable reasonable accommodation, medical or religious exemption), candidates must have received the COVID-19 vaccine prior to their start date. Upon commencement of employment, new team members must provide proof that they have been fully vaccinated against COVID-19.