Credit Risk Officer provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer typically reports to a supervisor or manager. The Credit Risk Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Job Summary
The Credit Risk Officer is responsible for reviewing and approving SBA credit requests and actions up to a designated limit and for assigned credit products in order to maintain the desired balance between growth, profitability and credit quality. The Credit Risk Officer will collaborate with Credit Management leadership to guide SBA underwriting, enforce loan policy requirements and establish risk tolerances within the commercial loan portfolio.
Essential Functions
Education and Experience