Credit Risk Review Director

OH0713 NW Bancshares HQ

Job Description

Reporting to the Chief Credit Officer, the Executive Director of Credit Risk Review will lead the development of the annual risk-based internal credit review plan and will be responsible for administering and directing the daily functions of the Credit Risk Review Team which provides independent and objective assurance of the Bank's governance, risk management, and controls with respect to credit risk. The position provides research and guidance to the Credit Risk Review Team on setting objectives, scope, and testing strategies and provides significant coaching and mentoring to assist team members in achieving development goals. The Executive Director of Credit Risk Review also serves as liaison for outsourced and co-sourced reviews in the credit risk portfolio and is the primary contact and business partner for senior business stakeholders.

Essential Functions

Lead the development of the annual risk-based review plan and scope. Will supervise completion of underlying auditable entity risk assessments

Exhibit strong leadership skills to manage a team of tenured business professionals, creating a strong culture and team environment

Lead and manage the review schedule and resource allocations for all credit risk review engagements

Exhibit expertise in credit risk with an ability to clearly identify risks and corresponding controls

Review and approve key review workpapers supporting the scope planning and reporting processes for credit review engagements

Present and discuss findings and recommendations with management and appropreat risk management committees

Provide periodic review engagement status updates to the Chief Credit Officer

Provide targeted and ongoing review reports and other key deliverables to the Chief Credit Officer by target due dates

Assist in planning for and managing the completion of outsourced and co-sourced reviews

Represent Internal Credit Review in an observational capacity on governance committees as assigned

Mentor and coach Credit Review staff with a heavy focus on professional development and growth

Create a high performance culture that is grounded in effective challenge, superior review quality, business acumen, and stakeholder experience

Implement best practices and procedures to improve efficiency and effectiveness including data analytics and automation

Provide proactive, exceptional client service to senior business stakeholders that drives positive change for the organization

Build and maintain effective relationships with line of business leaders, executive management, risk committees, and the Credit Risk team

Prepare annual performance appraisals for assigned direct reports and other levels as necessary

Promptly identify loans with actual and potential credit weaknesses so that timely action can be taken to strengthen credit quality and minimize losses

Appropriately validate and, if necessary, adjust risk ratings, especially for those loans with potential or well-defined credit weaknesses that may jeopardize repayment

Identify relevant trends that affect the quality of the loan portfolio and highlights segments of those portfolios that are potential problem areas

Assess the adequacy of and adherence to internal credit policies and loan administration procedures and monitor compliance with applicable laws and regulations

Evaluate the activities of lending personnel and management, including compliance with lending policies and the quality of their loan approval, monitoring, and risk assessment

Provide management and risk committees with an objective, independent, and timely assessment of the overall quality of the loan portfolio

Provide management with accurate and timely credit quality information for financial and regulatory reporting purposes, including the determination of an appropriate ACL or ALLL, as applicable

Work with Chief Credit Officer, senior management, and the Chief Risk Officer to establish and communicate risk appetite, metrics, KRIs and reporting to monitor compliance with credit risk appetite

Conduct independent and objective assurance of the loan approval process which includes the loan committee structure, as well as monitoring systems

Conduct independence and objective assurance of the portfolio management process to ensure that the Bank’s asset quality and loan profitability meet stated objectives and that the overall credit relationship management emphasis of the organization is consistent with the Bank’s underwriting standards

Provide independent and objective assurance of the entire loan portfolio to include analysis of loan concentrations by sector, product and geography

Provide independent and objective assurance that all loan systems and tracking techniques provide the required data to support risk ratings and loan adjudication as well as reporting to regulators, executive management and the Board of Directors

Provide independent and objective assurance of Northwest’s monthly ACL computation, including challenge of its significant individual components, including forecast scenarios, qualitative factors, reasonable and supportable forecast period and reversion method

Interface with regulators as required

Deliver presentations regarding key credit risk issues, exposures, etc.

Provide effective, credible challenge on client selection, rating timeliness and accuracy, risk identification/mitigation, and adherence to risk appetite, policies, and underwriting standards

Monitor the credit portfolio and ensure issues are escalated and resolved timely

Provide information, analysis, and credit risk and portfolio recommendations to the Chief Credit Officer as requested.

Additional Essential Functions

Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Safety and Health for Supervisors with Direct Reports

Provide leadership and positive direction for maintaining the safety and loss prevention program

Actively participate in and support employee participation in the safety and loss prevention program by ensuring that employees know how to properly report a safety issue, making sure that all accidents are promptly reported to Human Resources and documented, and ensuring that prompt action is taken whenever workplace hazards are identified

Help implement emergency procedures

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Bachelor's Degree Accounting, Business Finance, Economics, Computer Science, Information Systems, or business-related degree

Master's Degree Accounting, Business Finance, Economics, Computer Science, Information Systems, or business-related degree

Work Experience

6 - 8 years Senior Management experience

12 - 15 years Credit underwriting and administration experience including consumer, wholesale, commercial, real estate, and specialty lending

12 - 15 years Internal credit risk review experience

General Supervisory/Manager Knowledge, Skills, and Abilities

Ability to identify existing and potential problems, obtain and evaluate relevant information, identify possible causes of the problems, and suggest an alternative course of action including innovative or creative approaches

Ability to allocate and effectively use information, personnel, time, and other resources necessary for implementation of Northwest’s strategic plans

Ability to make decisions, render judgments,