Credit Risk Officer II - Remote

Overview

Locus Bank is seeking a skilled, detail-oriented, and results-driven professional to serve as Credit Risk Officer II, focusing on assessing risk and managing distressed assets to mitigate potential losses.

In Short

• Manage and oversee distressed loans and special assets.
• Develop recovery strategies for non-performing loans.
• Conduct thorough analysis of distressed assets.
• Negotiate and restructure troubled debt.
• Collaborate with legal teams on loan workouts.
• Monitor existing loan portfolios for credit deterioration.
• Ensure compliance with credit policy and regulations.
• Assist with loan disbursements and budget monitoring.
• Provide regular updates on distressed assets to management.
• Maintain accurate records of special asset activities.

Requirements

• Bachelor's degree in Finance, Accounting, or related field.
• 5+ years of experience in credit risk management.
• Strong knowledge of credit analysis and risk assessment.
• Excellent negotiation and problem-solving skills.
• Proficiency in financial modeling and credit risk tools.
• Strong communication and interpersonal skills.
• Knowledge of regulatory compliance standards.
• Ability to work independently in a remote environment.

Benefits

• $95,000 - $105,000 annual salary.
• Annual bonus opportunity.
• 18-days of PTO per year.
• 13-paid holidays per year.
• Medical, dental, and vision insurance.
• 401k savings plan with employer match.
• Paid Family Leave options.