This individual will work as a Risk Manager in Commodities Marketing within the Commodity Business Center. They will be responsible for transaction underwriting and portfolio management by conducting credit analysis and risk assessments for commodity clients. The role includes managing client relationships by identifying their credit needs and originating new business while ensuring compliance with bank policies.
Compliance and Risk Management
Develop new products and onboard new customers in line with the Bank’s risk appetite statement
Comply with departmental procedures for KYC and Credit Risk Control (including underwriting and post-lending monitoring), Bank policies (such as Credit Risk, Compliance, New Product Management), and applicable laws, including BSA/AML and OFAC
Set up customer profile and update/review in a timely manner
Comply with departmental compliance and risk control procedures when accepting customers’ transactions
Detect red flags/ unusual activities and inform Middle Office, escalating as necessary
Keep abreast of compliance knowledge by attending trainings and seminars
Actively identify incidents outside of established policies/ products, and report to management promptly
Transaction Underwriting & Portfolio Monitoring
Oversee the credit analysis and review process for a portfolio of accounts
Carry out financial and credit risk analysis based on company, industry, market and competitor research
Evaluate risk aspects of transaction terms and conditions consistent with Bank policies
Prepare credit reports in liaison with account officers and interact with various departments including credit risk and presenting recommendations to approval committees
Manage the covenant review and collateral monitoring process for asset-based loans
Manage a portfolio of accounts maintaining customer files, managing KYC requirements, conduct post-lending monitoring by analyzing interim and annual financials to address periodic reviews or specific client requests while interacting with credit risk and other departments
Managing Client Relationships
Identify and originate new client relationships
Identify credit needs of the client and determine appropriate product choice to satisfy these needs and obtain credit limits in accordance with the Bank’s guidelines
Negotiate credit agreement, term sheets/pricing/trade confirmations, and monitor clients credit status and business activities
Prepare credit proposals and conduct financial analysis review for credit proposals
Assess profitability and risk of new loans and other products
Product Marketing
Originate business from target/existing clients
Determine product pricing by utilizing market research data and pricing guidance from the Bank
Cross-sell Bank products and deposit services, identify cross-selling opportunities and improve wallet share and risk/reward ratio
Qualifications
Bachelor’s Degree preferred in Finance/ Economics/ Accounting/Engineering/ Sciences/ Liberal Arts
At least 5 years of experience, including minimum 2-3 years in investment/commercial banking, 2-3 years in a product manager or relationship manager role, 2-3 years of credit analysis, loan underwriting and portfolio monitoring experience, as well as commodity financing experience
Pay Details: $120,000.00 to $150,000.00 per year
Equal Opportunity Employer/Veterans/Disabled
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The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.