Sr Credit Risk Manager; Fund Banking - Palo Alto, CA

Job Overview

We're seeking an experienced Fund Finance credit professional who can step into an active portfolio and add immediate value. The ideal candidate has deep experience managing and underwriting fund finance facilities-specifically capital call lines, NAV (net asset value) loans, and management company lines of credit
, which form the foundation of this role. You should be comfortable reviewing financials, handling renewals and amendments, drafting change memos, and underwriting new transactions in the $20MM to $150MM+ range.

Our portfolio spans a wide mix of fund types, including real estate funds, healthcare funds, venture capital, private equity, specialty lending funds, and other asset managers. Because funds aren't tied to a single industry, we're looking for someone who understands how different fund structures operate and can confidently structure, assess, and monitor these credit facilities.

This role is ideal for someone who can walk into an existing book of business, understands the fund finance landscape, and can quickly adapt to Valley's internal processes. If you have strong fund finance expertise and enjoy structuring and managing sophisticated credit facilities, this will be a strong fit.

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Responsibilities include but are not limited to:

• Responsible for monitoring on a timely basis the ongoing financial health of an assigned loan portfolio while maintaining the ongoing communication and dialogue with clients in conjunction with the business team for all credit related reporting and business updates.
• Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
• Leads external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
• Reviews credit packages completed by junior team members and provides general guidance and mentorship.
• Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority, and oversees the legal documentation and closing process.
• Approves transactions under individual lending authority, when applicable.
• Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
• Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
• Ensures credits are accurately risk rated and are properly monitored and reported.
• Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
• Participates in special projects and requests related to the management of the portfolio.

• Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
• Advanced knowledge of credit underwriting, financial accounting and loan documentation.
• Advanced knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
• Strong computer skills using Microsoft Word, Excel and Outlook.
• Strong level of interpersonal and social skills needed to interact with loan…