Credit Manager

Credit Manager

The Credit Manager contributes to DUCA’s risk management program related to the Commercial Lending portfolio, including Term Financing, Construction, and Multi‑Unit Residential Building (MURB) portfolios, as assigned. This position is accountable for conducting comprehensive reviews and analysis of new credit deals received from the Commercial Banking team and adjudicating applications within assigned credit limits.

As an experienced credit professional, this position is responsible for quality assurance of the submitted credit requests, portfolio monitoring, reporting, and project coordination, when applicable. The Credit Manager contributes to credit policies, procedures, and guideline updates based on current practices, feedback from first line of businesses, and changing market and regulatory requirements.

The Credit Manager develops strong relationships with Commercial Banking Team and external partners (MURB Counter parties and servicers, etc.) by providing guidance and support for healthy and sustainable growth of commercial loan/lease portfolio.

• Independently review and adjudicate new credits and annual reviews within assigned credit limits in accordance with DUCA credit policy and guidelines, in a timely manner (the current delegated limit is up to $7.5 Million for new credit and annual reviews and up to $10 Million for connected credit)
• Independently conduct detailed analysis on new credits and annual reviews and provide well‑articulated and thought‑out recommendations for credit adjudication which exceeds lending authorities for senior management approval
• Approve annual reviews and credit amendments as per delegated lending authority, within assigned credit limits
• Conduct objective review of due diligence documents (e.g., appraisals, environmental reports, lease agreements, industry reports, etc.), financial spreadsheets, risk rating, financial models and conduct sensitivity analysis
• Communicate with the Commercial Banking team to seek further information and modifications, if needed; discuss appropriate structuring for the deal and criteria required for approval; ensure that all information is credible, accurate, and relevant, including analysis and evaluation of the technical aspects (e.g., financial analysis, credit terms, structure, and collateral)
• Review and approve commitment letters, construction draw requests, margin, or borrower base calculations
• Discuss, negotiate and resolve credit related issues raised by Lending or other stakeholders
• Perform analysis and provide reporting to management on the commercial credit portfolio; determine performance and risk associated with various segments of the commercial credit portfolio, such as by deal type or industry and make recommendations on potential changes to portfolio make‑up
• Keep a team activity log, pipeline report and assist with summary for various communications due at the month end
• Support the due diligence and adjudication of securitized MURB transactions
• Support the monitoring and presentation of Counter party risks
• Use sound credit judgment to assess, analyze, and present well‑written recommendations for adjudication on new deals and annual reviews; communicate effectively with the Commercial Banking team and external counter parties to ensure rationale and decision is clearly understood
• Undertake quality assurance reviews on commercial credit portfolio, track audit action items and coordinate with key stakeholders (lenders, funding team, analysts, adjudication team)
• Support the healthy and sustainable growth of a profitable Commercial Lending portfolio by ensuring the credit granting provided is within DUCA’s prescribed asset quality standards
• Stay abreast of regulatory changes and their impact on existing policies, procedures and guidelines; monitor market conditions and make recommendations for enhancements to existing / creation of new policies, procedures and guidelines
• Coordinate various initiatives and projects for the Commercial Credit team
• Provide additional coverage for Leasing credit reviews, adjudication and analysis as needed

• Undergradu…