At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Inspection Group, as the Bank’s periodic control function (i.e., third line of
defense), independently assesses the effectiveness of the permanent control
function (i.e., first and second lines of defense) to identify, measure,
monitor, and control risks. The CCA team fulfills the responsibilities of the
Credit Review (or Loan Review) function of the Bank, as defined by the 2006
Interagency Guidance on Allowance for Loan and Lease Losses (ALLL).
Consistent with the Bank’s growth plans in the large
corporate / commercial lending space nationally across the US, we are seeking
high caliber credit professionals possessing 10+ years of commercial credit
and/or credit review experience in major banks / financial institutions. She/he
should have a track-record of excellence in the credit field in the Corporate
and Institutional (C&I) and Commercial Financing space, ideally gained in
an underwriting, deal structuring, credit adjudication or credit review
function, or a combination thereof. The candidate must be able to demonstrate
solid expertise in credit analysis, financial and quantitative analysis, deal
structures in the C&I space, syndicated facilities, and determination of risk-rating (including ideally,
familiarity with rating methodology and use of scorecards). In addition, industry
knowledge in the credit and/or credit review fields is preferred.
The candidate’s technical expertise will be compelemented by
good communication skills (both verbal and written), and the ability to
successfully engage in complex discussions with unit heads of business
divisions being audited (auditees).
right candidate, the Bank is committed to providing a rewarding, motivating and
long-term career in a dynamic and result-oriented environment. Our ability to
offer career growth in a business involving diverse lending platforms is a
direct result of our close affiliation with our international parent, the BNP
Paribas Group, a reputed global powerhouse in financial services with a
consistent record of profit growth and strong capitalization, and an
established international footprint.
Essential Job Functions
The VP / Senior Credit Review Leader, Credit Review (CCA) is primarily
responsible for the day-to-day delivery of credit review work on the audit
she/he has been assigned to, including conducting necessary research,
coordination and contributing to management of the assigned projects.
Specifically, the incumbent:
Performs comprehensive credit review of
a judgmentally selected sample of higher risk commercial credits. The credits
will involve loans in a diverse range of business platforms and industries.
Uses credit and financial analysis
expertise to examine and opine on quality and adequacy of underwriting,
including analysis of operational and financial strengths/weaknesses of
borrowers, cash flow, leverage and liquidity, competitive positioning, and
external/industry factors impacting the business.
Reviews credits and hold discussions
with the underwriting (Level 1) and RISK (Level 2) teams as required, to opine
on comprehensiveness in underwriting relative to risk identification and
mitigation (financial and business risks), deal structure and collateral
analysis and takes all analyzed factors into account to opine on the
appropriateness of the credit risk rating assigned to the borrower.
As necessary, engages in discussions
with Level 1 and Level 2 teams to communicate decision to downgrade risk rating
of reviewed credits.
Uses Risk Based Audit principles to review
governance, risk and control framework / processes, including review of credit
policies and procedures, identification of process risks and controls,
assessment and sample-testing of controls.
Discusses exceptions / issues with Audit
Head of Assignment and the Head of Credit Review (Director), drafts findings
and engages in discussions with auditees to communicate findings.
the underlying risks applicable to the area of audit responsibilities through
continuous monitoring activities.
Requires strong credit risk, audit, compliance, banking, and/or product
and prepares ongoing risk assessments of the Bank’s business platforms (auditable entities).
knowledge on industry developments in affected areas of assigned
audit recommendation validation work.
effectively, clearly, concisely, and accurately using written and verbal
communications with all levels of management.
Subject to level of experience and
qualifications, may be assigned Head of Assignment responsibility on less
Ensures BNP Paribas
Inspection Generale and Bank of the West Inspection Group policies and
procedures are adhered to on audit assignments.
Works and collaborates with others to ensure that Inspection
Group objectives are successfully attained.
Bachelor’s Degree in applicable
and related field
Master’s/Advanced Degree in applicable
and related field, ideally MBA - Preferred
License(s) or Certifications in CIA, CISA, CPA, CAMS, and/or CRCM - Preferred
Commercial credit background and
expertise in credit analysis / underwriting is a requirement. Additionally,
experience in credit review and/or credit audit is highly desirable.
A minimum of 10 years of credit
and/or credit review experience is preferred, but competent candidates with
solid potential but having less experience are also encouraged to apply.
Credit expertise may include one or
more of the following segments:
Knowledge of Bank
Banking laws and
regulations; region and branch banking operations; asset and liability
management; treasury (including derivatives); lending (including evaluation of
loan loss reserve, syndication desk, and other real estate owned); Allowance
for Loan & Lease Losses); related systems and models; etc.
are currently 2 roles open. We are flexible on the seniority of the roles and
will consider adjusting the level to a higher or lower band commensurate with
candidates' expertise and experience level.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.