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Valley Bank · 7 hours ago

Senior Credit Risk Manager (CRE)

Morristown, NJ

Full-time

Onsite

Senior Level

7+ years exp

Valley Bank is seeking a Senior Credit Risk Manager specializing in Commercial Real Estate. This role involves overseeing underwriting activities for complex credit transactions, analyzing financial statements, and preparing credit memos while ensuring compliance and risk management.

Banking

H1B Sponsor Likely

Responsibilities

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

Qualification

Credit underwritingFinancial accountingLoan documentationDeal structuringMicrosoft ExcelMathematical skillsAdministrative skillsReport writingInterpersonal skillsTime managementPresentation skills

Required

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 officers, administrative staff and customers

Ability to manage time efficiently

Strong mathematical skills

Strong credit skills

Strong administrative skills

Ability to write reports and business correspondence

Ability to effectively present information and respond to questions

High School diploma or GED

Minimum of 7 years of experience in a commercial lending environment in a credit-oriented and underwriting position

Preferred

Bachelor's degree in a related field and completion of a formal credit training program

Company

Valley Bank

Glassdoor3.2

Valley National Bank is a regional financial institution

Founded in 1927

Wayne, New Jersey, USA

1001-5000 employees

https://www.valley.com/

H1B Sponsorship

Valley Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (15)

2024 (13)

2023 (7)

2022 (11)

2021 (5)

2020 (5)