Credit Risk Review Officer II - WI, IL, or MN at Associated Bank in Chicago, Illinois

Job Description:

Open to Remote within Wisconsin, Ilinois, or Minnesota

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants with a disability who need assistance applying for a position with Associated Bank are asked to email: careers@associatedbank.com

Job Summary

Responsible for conducting loan review analysis of a specific segment of loans (i.e. CRE, C&I, Specialized, Retail) in the bank's portfolio under direct supervision from Senior CRR officers. Evaluate compliance with regulatory guidelines and bank policies. Assess the condition and quality of individual credits based on financial, collateral, and documentation analysis. Quantify metrics such as: debt service capacity, leverage, liquidity, collateral coverage, guarantor support, etc. Determine the appropriate risk rating for Borrowers according to current Lending Policy and regulatory guidance. Promptly identify and report identified issues to senior CRR Officers.

Job Accountabilities

• Conducts loan review analysis of loans in the bank’s various portfolios. The individual will be responsible for: Evaluating compliance with regulatory guidelines and bank policies; Assessing the condition and quality of individual credits based on financial, collateral, and documentation analysis; Determining the appropriate risk rating on accounts according to current Lending Policy.


• Participates in special projects and targeted risk assessments as directed by department management.


• Interacts with lending officers, credit administration, loan servicing, and other bank employees in the process of performing risk assessment due diligence.


• Under the direction of a senior CRR officer, participates in discussions with affiliate management regarding loan grading and conclusions regarding credit underwriting, approval, and administration.

Education

• Bachelor's Degree Business discipline Required

• 4-7 years Loan Review, Commercial / Retail Lending, Credit Administration, or Regulatory Examination experience. Required


• 7-10 years Loan Review, Commercial / Retail Lending, Credit Administration, or Regulatory Examination experience. Preferred

• Other BAI Loan Review Certificate within 2 years, Required


• Other RMA Credit Risk Certified within 3-5 years, Preferred


• CPA - Certified Public Accountant within 3-5 years, Preferred


• CFA-Charted Financial Analyst within 3-5 years, Preferred

Compliance Statement

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR. Responsible to report ethical concerns as needed to Associated’s anonymous Ethics Hotline.

Associated Bank is committed to working diligently with any colleague who needs an accommodation perform the essential functions of the job. Please contact the Leaves & Accommodations office to request an accommodation.