Credit Risk Officer - Commercial Real Estate

Israel Discount Bank of New York, also known by its registered service mark, “IDB Bank”, is a full service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). Our liquidity and capital ratios are strong, and we are ranked by Crain’s New York Business as the 24th largest commercial bank in the New York area.  the Bank provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category in accordance with applicable federal, state and local law.

For all credit granting business units determined to fall under the credit risk departments responsibility (as determined by Senior Management and/or Credit Policy) the Credit Risk Officer (“CRO”) will:

• Provide an opinion on the acceptability of any credit proposal which meets the threshold for CRO review per loan policy. For credits requiring Credit Committee approval this is to be a written opinion which outlines the basis for the recommendation. Recommendations can be to support or decline and may carry conditions.
• Opine on the accuracy of the risk rating on all credits presented to a CRO for review.
• Provide guidance to the account officer and business unit management for all prospective credit requests. Guidance to include feedback on creditworthiness, loan structuring, compliance with bank policy and assessing the completeness and accuracy of the credit underwriting. This guidance is to come in conjunction with that of the business unit management.
• Identify all “at risk” credits (risk rated 6W or worse) and credits noted for Extra Attention in conjunction with the line officers and assure that they are properly reported at the quarterly watch list meetings. Specific guidance on action plans and remedial efforts is expected.
• The CRO will monitor the portfolio performance of their assigned units for the below credit quality measures, when such information is available:
  • Weighted average risk ratings
  • Risk rating changes/migrations
  • Past due items
  • Non-accruals
  • Charge offs/recoveries
  • Expired and expiring lines
  • Overdrafts
  • Over lines and over advances
• The CRO will provide input to management on the adequacy of the Bank’s Credit Policy.
• The CRO will provide input to business line management on the credit skills of line unit staff and when appropriate will offer training and/or guidance on credit related issues to the line unit staff.
• The CRO will assist management in portfolio review activities as a special project if a specific concern arises.
• The CRO is expected to remain current on financial and market trends which would impact the credit portfolios served as well as general credit risk issues in the industry.

• Bachelor's degree from an accredited institution.
• Minimum 15 years of experience in a role of Commercial Credit granting.
• Candidate will have a predominant background in Commercial Real Estate and Private Banking
• Any experience with Commercial and Industrial lending would also be a positive attribute

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
• Victims of domestic violence, sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee’s request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

We are operating on a Hybrid schedule.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.