Credit Risk Review Officer

About Us

How This Role Impacts Live Oak and Its People

As a Credit Risk Review Officer you will play critical role in safeguarding the strength integrity and longterm performance of Live Oak Banks loan portfolio. Serving as a subject matter expert within the Credit Risk Review function you will independently assess the Banks most complex Specialty Lending relationships provide credible challenge to credit and underwriting practices and help ensure that lending practices align with regulatory expectations internal policies and Live Oaks high standards for sound credit risk management. Through your expertise you will ensure transparency and accountability in loan quality helping to shape strategic decisionmaking enhance credit risk governance and support our mission of being a trusted financial partner for customers and communities.

Location Preference: This position is ideally based in Wilmington NC; however remote designations may be considered for qualified candidates. Work sponsorship is not supported now or in the future.

What Youll Do at Live Oak

• Lead reviews of the Banks most complex higher-risk or specialized lending relationships including the development of independent conclusions regarding risk ratings underwriting quality policy compliance and portfolio management practices.
• Support monitoring of portfolio performance to identify trends emerging risks and areas of concern. Identify and evaluate portfolio trends including delinquency bankruptcy collateral sufficiency and industry concentrations.
• Contribute to the evolution of credit risk review methodologies coverage strategies reporting frameworks and risk assessment practices.
• Perform individual file and relationship reviews under the established riskbased loan review program.
• Validate the accuracy and consistency of loan risk grade assignments at the file or relationship level in alignment with established policies and regulatory guidelines.
• Act as a subject matter expert for assigned commercial products requiring a thorough understanding of all related product aspects policies underwriting and portfolio management guidelines and
• Ensure the quality completeness and accuracy of supporting credit risk review documentation and analysis performed personally or by direct reports as applicable.
• Participate in findings discussions with credit risk and the first line leadership and monitor progress of corrective actions.
• Provide independent objective challenge to lending underwriting and portfolio management practices while maintaining effective working relationships with business and credit partners
• Support regulatory examinations internal audits and governance reporting activities through preparation of analyses documentation and response materials.
• Deliver timely actionable reports to the Managing Director Credit Risk Review as required.
• Maintain expertise in commercial and governmentguaranteed lending programs (e.g. SBA USDA).
• Manage coach and develop Credit Risk Review Associates and Senior Associates as applicable providing quality oversight technical guidance and professional mentorship while promoting a culture of independence professionalism and continuous improvement within the Credit Risk Review function.
• Serve as a thought partner to first line partners for assigned commercial products in enhancing credit policy risk appetite and portfolio management strategies.
• Maintain strong awareness of applicable regulatory requirements including BSA AML CIP and OFAC.

Required Experience

• 10 years of progressive experience in credit risk review special assets internal audit or commercial credit within a regulated financial institution exhibiting a focus on credit-related risk.
• Extensive knowledge of complex and highly structured commercial lending structures underwriting standards credit risk frameworks and portfolio management practices across a variety of bilateral and syndicated commercial loan products with expertise in Sponsor Finance Lender Finance Subscription Finance Asset Based Lending and Venture.
• Capable of providing a fulsome review and opinion as to the credit risk and mitigated loan quality of large and structurally complex transactions.
• Strong understanding of regulatory expectations related to credit risk management independent loan review and safetyandsoundness standards.
• Demonstrated ability to implement review methodologies drive process improvements and contribute to executivelevel reporting.
• Strong analytical communication and relationshipbuilding skills.

Preferred Experience

• University or College degree majoring in a related discipline (e.g. Business or Finance).
• Formal credit risk training or professional certification
• Familiarity with risk analytics credit metrics portfolio analysis and credit MIS tools.
• Background in highgrowth or digitallyfocused banking environments.
• Proven ability to mentor and lead highperforming risk or credit teams.

Our Values

• Dedication:Possess a deep commitment to Live Oak Banks mission and core values exemplified through a strong work ethic adaptability and pride in your work.

• Ownership:Take initiative to deliver positive results by proactively and creatively solving problems while maintaining a high degree of quality.

• Respect:Treat everyone with courtesy politeness and kindness.

• Innovation:Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

• Teamwork: Foster collaboration accountability and trust with others and understand that together we do more

For a detailed overview of our employee benefits please visit: Oak Bank is an Affirmative Action and Equal Opportunity Employer Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age genetic information veteran status or disability. Equal access to programs service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at.

EEO is the Law

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave including but not limited to Arizona California Colorado District of Columbia Maine Maryland Massachusetts Michigan Nevada New Jersey New Mexico New York Oregon Rhode Island Vermont and Washington.