Regional Credit Officer/Senior Credit Officer- Alaska in Anchorage, AK at Key Bank- Corporate

Date Posted: 7/24/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    101 West Benson Boulevard
    Anchorage, AK
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    7/24/2018

Job Description

Serves as a member of the relevant regional Community Bank Commercial Credit team, reporting directly to the Regional Credit Executive.

Partners with the Regional Credit Executive to provide leadership and guidance to large groups of employees in Credit Risk, Credit Underwriting and the line of business within the region.

Manages the commercial credit portfolio in specific markets and is accountable for maintaining portfolio quality in line with Key’s moderate credit risk appetite, while supporting new business origination. Tasked with creating and maintaining a client-centric and constructive risk management culture that supports good business and appropriate growth strategies.

Supported by a team of Senior Credit Officers, the Regional Credit Officer and team are responsible for structuring new transactions (exposures $15mm+) and providing guidance to underwriting teams, as well as ultimately credit decisioning these new financing requests. Manages credit processes consistent with credit policy and established underwriting guidelines.

These teams are accountable for reviewing and approving annual reviews, interim reviews and existing line of credit renewals, as well as monitoring portfolio quality and ensuring that timely action is taken in the event of portfolio deterioration in order to remain within, or revert back into, the approved risk tolerance ranges for the business.

Responsible for the leadership, coaching and mentoring of Senior Credit Officers, campus and LOB staff, where appropriate.

ESSENTIAL JOB FUNCTIONS

• Serve as a member of the regional Community Bank Commercial Credit team.
• Works with the Regional Presidents and RMs to improve profitability and maintain asset quality within a moderate risk appetite.
• Participates in, and actively contributes to, the overall strategy for the region.
• Meet with the most significant clients or prospects in support of LOB business generation.
• Create an organizational sense of urgency in support of new business opportunities, ensure smooth interaction between employees the line of business and campuses, and maintain sound credit risk management standards. Teams should be encouraged to focus on material risk issues.
• Ensure that Credit employees work closely with campus underwriting staff to communicate all material aspects of the deal, the risks, mitigants and the final decision that is to be documented for the credit approval.
• Respond with urgency and help create a culture that prioritizes client centricity. Determine transaction feasibility, identify structuring solutions that adequately mitigate risks, and then provide Proceed/Stop decisions within approval limits.
• Exercise significant loan authority (usually $50mm) within established limits and ensure that all Senior Credit Officers do the same.
• When transactions require the approval of the Senior Group Credit Executive or Chief Credit Officer, ensure that employees are prepared to provide a short synopsis of the transaction/relationship, what they like about the proposal, the material risks, and how they have been adequately mitigated.

• Responsible for monitoring credit portfolio performance, including concentration limits for region.
• Closely monitor all asset quality measures including performance against moderate credit risk tolerances. When tolerances are exceeded, establish appropriate action plans in order to bring portfolio quality back within tolerances.
• Timely identification of deteriorating credits. Transfer of credits to Loan Administration/Asset Recovery Group.
• Ensure accurate and timely risk rating of transactions within the regional credit portfolio.
• Manage daily overdraft exposures.
• Approve cash management credit risk within assigned authority on CAP form – also derivatives and hedging/ FX.
• Champion and hold teams accountable for the proper utilization of credit systems and technology.

• Build and lead high performing, inclusive credit teams. This includes hiring and developing diverse, top rated talent, ensuring effective partnerships with the campuses and LOB, and providing mentoring, coaching and development of credit staff in the region.
• Participate in the annual goal setting process and communicates those goals to Senior Credit Officers throughout the region.
• Lead performance reviews for Senior Credit Officers and create an “employer of choice” environment where recruiting top talent, maintaining high employee morale, leadership development, career pathing, succession planning, and recognition are priorities. Support the recruiting process, as required for Credit, Campuses and LOB.
• Promote a credit culture that is dynamic and client centric, while maintaining portfolio quality in line with Key’s moderate credit risk appetite.

REQUIRED QUALIFICATIONS

• Bachelor’s degree in accounting, finance, economics or related field; MBA preferred.
• 10 + years financial lending/credit experience which should include experience through one complete economic cycle.
• Demonstrated high level of financial acumen, team building skills, managerial skills, interpersonal skills and decision/solution effectiveness. Line of business experience is desirable.
• Experience with multiple types of lending (e.g. middle market, private banking, small business) is preferred.




ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 30467BR

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