Credit Risk Specialist

Location: Waco TX

Position Summary

The Credit Risk Specialist supports the SVP Director of Commercial Credit Management by overseeing the ordering and review of commercial appraisals and monitoring a portfolio of adversely graded and non-performing commercial and consumer credit relationships with a mandate to maximize recovery and minimize loss through proactive restructuring collateral realization and disciplined exit strategies.

Key Responsibilities

• Coordinate the ordering and review of commercial appraisals and communicate with appraisers regarding scope concerns or issues.
• Maintain knowledge in appraisal regulation loan policy and provide appraisal expertise to lending staff. Annual training and seminars will be a requirement.
• Track execute and report on non-performing loans charge-offs recoveries OREO bank past dues commercial collections & exceptions delinquent taxes and other key workout metrics; assist with preparing month-end and quarter-end portfolio reporting.
• Manage and monitor assigned commercial (C&I/CRE) consumer and mortgage credits that exhibit elevated risk covenant breaches or early warning indicators and recommend appropriate risk-rating actions.
• Conduct comprehensive credit and collateral assessments; financial spreading evaluate business cash flow and repayment capacity conduct bank portfolio stress testing and annual reviews CECL reserve analysis and NOAT process.
• Support workout strategies on criticized and classified credits including restructures forbearance agreements collateral liquidation plans and other recovery strategies consistent with bank policy.
• Prepare concise written credit memoranda and action plans for problem credits.
• Partner with relationship managers portfolio managers credit leadership and external legal counsel on documentation and execution of modifications extensions settlements and other credit actions.
• Support internal and external exam and audit requests related to criticized and classified assets non-accruals charge-offs and recovery activities.
• Maintain professional constructive communication with Borrowers and Guarantors while balancing risk management and a community-focused mindset of the bank.

Qualifications

• Education: Bachelors degree in finance accounting economics or related field required; advanced degree or formal credit training preferred. (9 hours of accounting preferred).
• Experience: 3 years in commercial credit special assets loan review collections workout or commercial lending. Appraisal and/or appraisal review preferred.
• Core Competencies:
  • Strong financial statement and tax return analysis capabilities.
  • Proficiency in cash flow modeling projections sensitivity analysis with analytical judgment and risk awareness.
  • Collaborative team-oriented approach with the ability to negotiate problem solve and balance risk perspectives.
  • Strong organization skills with ability to manage multiple complex assignments and deadlines with preferred working knowledge of loan documentation collateral perfection bankruptcy and foreclosure.
  • High proficiency in spreadsheet tools and loan origination system databases. Administrative duties will be required for certain bank defined software systems.
  • Working knowledge of loan structures documentation fundamentals and relevant regulatory guidance.
  • Excellent written and verbal communication skills including the ability to present to senior credit and line leadership.
  • Working knowledge of Microsoft Office products. Be detail oriented understand bank terminology and possess good time management skills.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• While performing the duties of this job the employee is regularly required to stand; sit; use hands to finger handle or feel; reach with hands and arms and talk or hear.
• The employee is occasionally required to walk.
• The employee must occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision distance vision depth perception and ability to adjust focus.

Work Hours and Environment

• Monday - Friday 8:00 AM to 5:00 PM in office Waco Texas.
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
• The noise level in the work environment is usually moderate.

Required Experience:

IC