Manager, Post-Approval Credit Review; Remote

Join to apply for the Manager, Post-Approval Credit Review (Remote) role at First Citizens Bank

1 day ago Be among the first 25 applicants

Join to apply for the Manager, Post-Approval Credit Review (Remote) role at First Citizens Bank

Get AI-powered advice on this job and more exclusive features.

Overview

This is a remote role that may be hired in several markets across the United States.

Overview

This is a remote role that may be hired in several markets across the United States.

Credit Review (CR) is a key department within First Citizens Bank’s (FCB’s) second line of defense. Its mission is to provide executive management and the Board of Directors with an independent view of asset quality and credit risk management practices effectiveness across business units and support functions that originate or manage credit exposure. The team is comprised of risk management professionals with deep credit analysis, product knowledge, and transaction skills and experiences across various asset classes, industries, and stages of the client lifecycle.

The Post Approval Review team is a critical group within CR dedicated to sampling commercial loan origination activity across FCB, comparing originations to the bank’s Credit Policy and Credit Underwriting Standards, and providing challenge feedback to 1st and 2nd Line teams involved in the loan origination process inclusive of steps taken to review and approve transactions.

Responsibilities

The CR Post Approval Review Manager position develops testing and sampling methodologies for commercial lending origination activity across FCB based on areas of growth and emerging risks. Evaluates transactions sampled versus risk appetite, policies and procedures and provide feedback to 1st and 2nd line stakeholders involved in the origination process. Prepares a quarterly assessment of sampled lending activities to determine alignment with Bank’s risk appetite and provide reports to Senior Leadership.

The CR Post Approval Review Manager role is part of Credit Review’s Quality of Assurance Improvement Program team and reports to the Director of that unit.

Major Responsibilities

• Analyze new originations activity to identify concentrations and areas of growth and use this analysis to develop risk-based samples of new origination activity
• Analyze Credit Policies, Standards and Procedures and develop test scripts to be applied for sampled loans
• Oversee testing activities (to be performed by an offshore team)
• Review testing results to determine accuracy, trending, and if any issues need to be raised
• Prepare management reporting based on testing results and outcomes
• Oversee talent/skill needs and resource requirements keeping in mind process evolution and emerging technologies.
• Provide direction of roles, responsibilities, individual goals, and performance objectives for the team.
• Provide regular, constructive feedback to maximize positive impact of individual team member’s talent.
• Create and support a collaborative team environment.

• BA or BS degree; MBA or other advanced degree or certification is a plus.
• 8-12 years of banking, financial services, consulting, or equivalent experience, including project, people, and/or operations management experience. Commercial Credit review and/or Commercial credit risk management experience at a large financial institution is strongly preferred.
• Strong organizational, problem-solving, and project management skills. Ability to breakdown processes into tangible steps, develop, execute, and manage project plans; and demonstrated success operating against deadlines.
• Strong MS PowerPoint and related skills for preparing effective presentations. Familiarity with data visualization tools including Power BI and/or Tableau and the use of key indicators to support monitoring of performance or process effectiveness.
• Effective communication skills, both oral and written,…