Collateral Field Examination and Appraisal Manager - NYC International Bank
Key Responsibilities:
- Review and Feedback: Analyze field examinations and appraisals, providing timely feedback on major findings to business, credit risk, and senior management.
- Quality Assurance: Ensure compliance with industry standards and best practices in examinations and appraisals; assess the reliability and appropriateness of reported information and ratings.
- Collaboration: Work with business teams on exit interviews and field examiners/appraisers; coach junior colleagues and manage examination schedules.
- Monitoring and Reporting: Oversee the status of examinations/appraisals, manage the BHI Dashboard, and prepare monthly reports on past due items and deteriorating trends.
- Vendor Management: Solicit quotes from appraisal firms, ensure fee compliance, and oversee timely payment processing; maintain vendor listings and approvals.
- Documentation: Prepare and review engagement letters; maintain organized repositories for reports and checklists.
Knowledge:
- Financial Analysis: Expertise in asset-based, middle market, and factor lending; strong understanding of credit analysis, accounts receivable, and inventory management.
- Market Awareness: Familiarity with economic and political climates affecting importing/exporting; risk management in credit cycles and distressed debt.
- Product Knowledge: Broad understanding of financial and banking products, including collateral monitoring.
Technical Skills:
- Proficient in job-specific software, especially field examination tools (e.g., IDEA).
- Strong data navigation and keyboarding skills.
Competencies:
- Leadership and Strategy: Ability to lead, motivate, and implement strategic initiatives while managing competing priorities.
- Communication and Negotiation: Excellent verbal and written skills; adept at creative problem-solving and detail-oriented tasks.
- Integrity and Proactivity: Demonstrates honesty, integrity, and a proactive approach; keen interest in current events and market developments.
Qualifications:
- Experience: 3-10 years in ABL/middle market commercial lending and collateral monitoring; extensive field examination experience preferred.
- Education: Bachelor’s degree in Finance, Accounting, or a related field; MBA preferred.
