Secured Credit Monitoring Officer

Job Summary

Monitoring and reporting on loans secured with marketable securities, the full-time Secured Credit Monitoring Officer will assist the Secured Credit Manager with compliance and reporting functions while working remotely within the Bank's footprint.

Key responsibilities

• Evaluate marketable securities pledged as loan collateral to assess adequacy and compliance with credit policy
• Analyze fluctuations in collateral value and recommend actions to mitigate risk, including margin calls and additional collateral
• Communicate risk insights and recommendations to senior management and stakeholders, influencing decision-making

Required qualifications

• Associate's degree and/or a minimum of 5 years' related experience in Commercial Lending Operations
• Above average understanding of commercial lending operations, procedures, and loan documentation
• Ability to read and interpret federal regulations and credit policies
• Proficient with Microsoft Office, including Excel, and experience with Capital Stream and IBS
• Experience with report generation and creation in BIC preferred