Credit Risk Review Analyst

JOB SUMMARY:
Responsible for assisting the Credit Risk Review (CRR) team in executing its mandate of providing a fully independent assessment of credit risk management (1st line) and control (2nd line) to the Board of Directors and stakeholders of Seacoast Banking Corporation of Florida (SBC). The primary goals of the Credit Risk Review Officer are the accurate and timely evaluation of credit ratings, credit practices and credit risk monitoring to ensure the proper identification and management of credit risk across SBC.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Conduct regular risk assessments to assess the quantity of credit risk, quality of credit risk management, aggregate credit risk and direction of credit risk in accordance with regulatory guidance for an assigned portfolio of facilities.
• Assist in the planning and preparation of credit reviews as directed.
• Complete individual credit reviews for all divisions including, but not limited to, reviewing loan terms and structures, analyzing borrowers/guarantor/counterparty financial performance, assessing economic/industry operating environment, and other relevant risk factors.
• Assess the accuracy of regulatory classifications, internal risk ratings, probability of default (PD) and loss given default (LGD) analysis and recommend changes as necessary.
• Ensure all credit extensions have been made in compliance with lending policies, procedures and U.S. regulatory guidance and identify deficiencies in credit processes.
• Discuss potential issues with responsible account officers, credit officers, CRR management and other relevant stakeholders as necessary and/or directed.
• Prepare review reports of examination based upon CRR guidelines, as necessary.
• Verify adequacy of the Current Expected Credit Loss (CECL) process and reserve levels as necessary.
• Proactively recommend changes to credit policies and procedures as necessary.
• Maintain up-to-date knowledge of assigned industries and/or portfolios, regulatory policies and requirements and new/pending laws and regulations and their potential impact on the bank and CRR.
• Maintain a thorough understanding of bank compliance rules and regulations.

EDUCATION and/or EXPERIENCE

• Bachelor's degree in Finance, Accounting, Economics, or Business Administration or equivalent work experience is necessary. MBA or financial certification (CFA, FRM, etc.) is highly desirable.
• Successful completion of a formal financial services credit training program preferred.
• Approximately 3-10 years' experience in credit, credit review and/or credit administration with a financial institution and/or U.S. regulatory agency (OCC, FRB, etc.). Experience at both is highly preferred.
• Ability to assess and provide objective insight on various credit processes.
• Familiarity with a variety of credit products (e.g. corporate credit, commercial real estate, residential mortgages, consumer retail financing, etc.) and willingness to lean new credit products.
• Ability to work independently with minimal supervision.
• Excellent interpersonal, communication (verbal and written) and negotiating skills.
• Proficient in Microsoft Office Suite required; familiarity with SQL, Python or other data analytics tools a plus.

The Statements above are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of responsibilities, duties, and skills. Because these statements are general, the job description is used for a variety of purposes including job evaluations; performance reviews; recruitment; etc. All Associates are required to adhere to the highest legal and ethical standards applicable to our industry. It is the policy of Seacoast Bank that all Associates will be familiar and compliant with all regulatory, legal, ethical and Bank risk mitigation requirements pertaining to both our industry and their individual roles. This includes the on time, successful completion of annual required training post-hire and effective execution of role responsibilities.