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ABOUT THE ORGANIZATION

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $182,000.00 and $235,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.

To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties:

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

JOB SUMMARY:

The Senior Credit Risk Officer at the Executive Director level will play a pivotal role in managing the bank's credit portfolio, ensuring compliance with regulatory requirements, and supporting the Chief Credit Officer in strategic decision-making. This position involves evaluating credit applications, monitoring existing accounts, and implementing credit policies to mitigate risk and promote the bank's financial stability.

PRINCIPAL DUTIES & RESPONSIBILITIES:

+ Credit Evaluation: Assess the creditworthiness of potential borrowers through detailed financial analysis and background checks.

+ Policy Implementation: Develop and enforce credit policies and procedures to manage risk and ensure compliance with regulatory standards.

+ Account Monitoring: Regularly review and monitor existing customer accounts to ensure ongoing creditworthiness and adherence to the bank's policies.

+ Risk Assessment & Management: Conduct risk assessments to determine the viability of extending credit to new and existing customers. Monitor and manage credit risk by analyzing customer and portfolio credit profiles coupled with market conditions.

+ Regulatory Compliance: Ensure all credit processes comply with current regulatory laws and industry standards.

+ Reporting: Prepare and submit periodic reports to the Chief Credit Officer and senior management, detailing the status of loans, key metrics and trends of portfolios covered, including amounts approved, unpaid, and steps taken to collect payments from delinquent accounts.

+ Collaboration: Work closely with other departments, including Relationship Management, 1st Line Underwriting Division, and risk management, to support the bank's strategic goals.

POSITION SPECIFICATIONS:

+ Qualifications:

+ Bachelor's degree in Finance or equivalent

+ Minimum of 15 years of experience in credit administration or a related role within a commercial bank.

+ Proven track record in credit risk management and regulatory compliance.

+ Extensive experience in developing and implementing credit policies and procedures.

+ Strong leadership and team management skills.

+ Excellent analytical, organizational, and communication skills.

+ Proficiency in financial analysis software and Microsoft Office Suite.

+ Preferred Qualifications:

+ Advanced degree (MBA or equivalent) or professional certification (e.g., CFA, CPA).

+ Experience with loan management systems and credit scoring models.

+ Demonstrated ability to lead large-scale projects and initiatives.

+ Strong network within the banking and financial services industry.

+ Experience in strategic planning and execution at a senior management level.

+ Key Competencies:

+ Attention to detail and accuracy.

+ Strong problem-solving and decision-making abilities.

+ Ability to work independently and as part of a team.

+ High level of integrity and professionalism.

+ Exceptional leadership and mentoring capabilities.

+ Strategic thinking and ability to drive organizational change.

EOE STATEMENT

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [email protected].

CCPA DISCLOSURE

Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure . Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.