Senior Credit Risk Review Officer: Private Credit

Overview

Credit Risk Review (CRR) is part of the organization’s third line of defense and is accountable to the Chief Risk Review Officer and the Board of Directors. CRR performs the loan review function through an annual review plan, which may include both periodic and continuous file review.

This role supports independent, objective assessment of credit quality and problem risk exposures, including validation and, if necessary, adjustment of risk ratings. Responsibilities also include evaluating lending personnel and management activities, monitoring credit risk, and partnering with line of business executives and Credit Risk Management to identify potential shifts in credit risk.

Responsibilities

• Conduct individual credit file reviews to assess the quality of underwriting and portfolio management activities.
• Independently validate and, if necessary, adjust risk ratings in accordance with internal policies and risk rating methodologies.
• Perform active, dynamic, and comprehensive credit risk intelligence, including determining loan sample selection.
• Identify loans with potential or well-defined weaknesses.
• Analyze trends affecting portfolio quality and potential problem areas, ensuring timely and comprehensive reporting.
• Assess adequacy of and adherence to internal credit policies and procedures, including monitoring compliance with applicable laws and regulations.
• Maintain an up-to-date working knowledge of consumer credit review methodologies and regulatory expectations.
• During CRR exams:
  • Lead teams of reviewers.
  • Conduct reviews of credit portfolios.
  • Write reports with conclusions and recommendations resulting from the reviews.
• Advise junior team members.
• Participate in special projects and complete ongoing credit risk intelligence activities and related training.

Essential Functions

• Assess complex commercial private credit transactions, including:
  • Underwriting structure
  • Borrower performance
  • Cash flow adequacy
  • Covenant compliance
  • Collateral coverage
  • Repayment capacity
• Evaluate the effectiveness of First and Second Line credit risk management activities, including independent challenge of:
  • Underwriting decisions
  • Risk rating practices
  • Portfolio monitoring processes
  • Risk governance frameworks
• Review portfolio-level credit performance, including concentration risk, industry exposure trends, and emerging credit risk themes.
• Assess alignment of lending activities with the organization’s approved Risk Appetite Statement, credit policies, and regulatory expectations.
• Evaluate ongoing portfolio surveillance methodologies, including:
  • Watchlist management
  • Criticized asset identification
  • Stress testing
  • Early warning indicator monitoring
• Demonstrate advanced knowledge of private credit and direct lending structures, including sponsor-backed financings, unitranche facilities, mezzanine debt, recurring revenue lending, and other complex lending arrangements.
• Partner with business leaders, Credit Risk Management, Portfolio Risk teams, and regulators to provide independent insight regarding emerging credit risks and portfolio quality.
• Independently assign risk ratings based on internal policies and methodologies, as well as external regulatory guidance.
• Work independently toward goals by seeking information and collaborating as necessary.
• Produce clear, cohesive written communication and present findings to senior and executive management.
• Prioritize and execute multiple assignments, identify obstacles, proactively communicate delays or additional capacity availability, and delegate when necessary.
• Provide leadership and oversight on complex reviews or ad-hoc projects, including managing staff and providing performance feedback.
• Identify opportunities for continuous improvement and implement strategies to drive team and/or division change, drawing insight from risk intelligence and regulatory bulletins.
• Demonstrate the ability to perform in an organizational culture of respect and personal accountability regarding Diversity, Equity and Inclusion.
• Perform other duties as assigned.

Requirements

• 7+ years of relevant credit experience (required)
• Bachelor’s Degree (preferred)
• Master’s Degree (preferred)

Preferred Qualifications

• Prior credit risk review experience
• Credit Risk Certification (CRC)
• Moody’s Analytics Certificate in Commercial Credit

Skills

• Relationship building across all lines of defense
• Expert communication skills to ensure perspectives are conveyed clearly and timely
• Ability to tactfully present arguments and influence change
• Decision-making to make challenging decisions based on available information
• Coaching and mentoring teammates through ongoing coaching and performance feedback
• Presentation skills tailored to different audiences
• Change management capability to lead people through change with thoughtful communication

Compensation & Benefits

• Base salary range: $116,000.00 - $216,000.00 annually
• Placement within the range may differ based on factors including skills, experience, and geographic location.
• Incentive compensation eligibility, which may include production, commission, and/or discretionary incentives.

Benefits eligibility: Please see the organization’s benefits list for which this position is eligible.

Work arrangement: The organization prioritizes in-office presence while providing flexible options when roles can be performed effectively in a mobile environment.

Location

For Those Who Work At Home, Ohio

• Occasional travel, including overnight stay

Equal Employment Opportunity

The organization is an Equal Opportunity Employer committed to sustaining an inclusive culture and provides consideration for employment without regard to protected characteristics.

Expiration Date

Job Posting Expiration Date: 12/02/2026