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    Senior Credit Risk Review Officer/Credit Risk Review Consultant - Honolulu, HI, United States - Bank of Hawaii

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    Description

    Under the direction of the Director of Credit Review, this position is responsible for executing the independent credit review function that assists the Board of Directors and management of the Company in the effective discharge of their responsibility to maintain a continuous awareness of credit risk and the effectiveness of its management throughout the Company.

    Responsibilities include monitoring / testing the accuracy of assigned credit risk ratings; evaluating credit underwriting; reviewing for compliance to the Company's loan and lending policies, assessing problem asset administration; and critically evaluating the accuracy and effectiveness of credit risk management processes throughout the Company.

    Assists in business unit's compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures.

    Participates in and/or manages credit risk reviews of business units throughout the organization to evaluate asset quality, to assess the accuracy of the credit risk identification process, and to determine the reasonableness of credit underwriting, administration and documentation processes.

    Develops strategic credit risk assessments that determine the credit risk review plans; evaluates various models used for credit loss forecasting, portfolio stress testing and other targeted analysis; accesses and queries a multitude of databases; participates in new product development initiatives to ensure that appropriate credit risk issues are adequately addressed; identifies and communicates potential policy and/or operational improvements that will enhance credit quality; Understands pertinent regulatory issues and impact on credit risk.

    Monitors compliance with bank policies/procedures and Federal/State laws and regulations.
    Communicates the results of all credit risk reviews and monitoring activities with business unit managers.

    Prepares written reports for senior management that detail the findings including a final evaluation of portfolio asset quality and credit process management.

    May negotiate results of credit risk reviews with business unit managers. May review and edit written reports prepared by other credit risk review officers and consultants.

    Researches, analyzes and prepares various loan quality information reports for senior management, the Board of Directors, and the Company's outside auditors.

    Determines whether follow-up credit risk reviews, target reviews, special investigations, or additional communications with examined business units are required based on credit issues identified.

    Monitors the line-driven grading system by reviewing both loan requests and re-grade memos; validates the accuracy of credit risk ratings

    Establishes, fosters, and maintains working relationships with peers and line management within the business units to support an effective workflow while maintaining independence / objectivity.

    Provides advisory assistance to lending personnel regarding credit risk identification, credit underwriting and credit risk management practices.
    Assists in the analysis to determine the adequacy of the Reserve for Credit Losses. Prepares written reports for senior management, the Board of Directors and the Company's outside auditors.

    Benchmarks "best practices" with peer institutions and makes recommendations to incorporate them into the Company's credit risk management processes, as appropriate.

    This position requires use of a personal computer and other standard office equipment (fax, copier, calculator, telephone).


    SENIOR CREDIT RISK REVIEW OFFICER:

    Education:
    Bachelor's degree from an accredited institution or equivalent work experience, preferably with a business-related or equivalent major. Completion of a formal credit training program.

    Experience:

    Minimum 7 years of experience in financial services industry or with a regulatory agency; demonstrated expertise in credit risk management including commercial and/or retail lending, credit administration, or credit review.

    Advanced commercial and consumer credit analytical skills. Good working knowledge of bank regulatory laws, policies and procedures. Good working knowledge of bank credit policies and procedures.
    Demonstrated proficiency and expertise with personal computers and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software. Knowledge of or ability to use Bank software and systems.

    Other Job Qualifications:

    Must possess strong credit knowledge and acumen, as well as a good understanding of the banking business and economics.

    Able to work effectively with department staff, as well as those outside immediate area, including Board members, external auditors and regulatory staff.

    Must be able to analyze large amounts of data quickly, draw conclusions from sometimes incomplete information and make good decisions.

    Must be able to work flexible hours including weekends and evenings as necessary. Able to travel to various locations and by air.


    CONSULTANT CREDIT RISK REVIEW:

    Education:
    Bachelor's degree from an accredited institution or equivalent work experience, preferably with a business-related or equivalent major. Completion of a formal credit training program.

    Experience:

    Minimum years of experience in financial services or with a regulatory agency; and demonstrated expertise in credit risk management including commercial and/or retail lending, credit administration, or credit review.

    Excellent commercial and retail credit analytical skills; Advanced knowledge of bank regulatory laws, policies and procedures. Advanced knowledge of bank credit policies and procedures.
    Demonstrated proficiency and expertise with personal computers and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software. Knowledge of or ability to use Bank software and systems.

    Other Job Qualifications:

    Must possess strong credit knowledge and acumen, as well as a good understanding of the banking business and economics.

    Able to work effectively with department staff, as well as those outside immediate area, including Board members, external auditors and regulatory staff.

    Able to analyze large amounts of data quickly, draw conclusions from sometimes incomplete information and make good decisions. Able to work flexible hours including weekends and evenings as necessary. Must be able to travel to various locations and by air.

    As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

    Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow.
    We are an EEO/AA employer, including disability and veterans. For Bank of Hawaii's full EEO statement, please visit
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