at First Federal Bank of Kansas City in Leawood, Kansas, United States
Job Description
First Federal Bank of Kansas City is one of the largest mutually owned banks in the Midwest and has been a strong banking and lending partner to families in Kansas and Missouri for decades. We are a community-oriented, culture-focused, progress-driven Family on a mission to help people, businesses and communities build a better financial future.
At First Federal, you’ll be supported by diverse, talented, energetic individuals moving toward a common vision of prosperity and a home for all. You’ll have boundless opportunities for growth – whether it’s personal or professional development to reach your career goals, company events to strengthen your connections, or volunteer work to champion our community partners.
Your success is our success. When our employees feel valued, our customers feel valued, and our community grows.
Hear what our team members have to say: https://www.youtube.com/watch?v=GNPKmutbydo
POSITION SUMMARY:
Responsible for the leadership and oversight of the bank's credit risk management function, including commercial and consumer loan underwriting, credit policy administration, portfolio risk analysis, and special assets management. Provides expert credit analysis and risk assessment for commercial real estate, commercial and industrial, and construction lending. Ensures all credits are originated, monitored, and managed in compliance with the bank's underwriting guidelines and applicable federal and state regulations.
WHAT YOU'LL DO:
Credit Policy & Underwriting
- Develops, maintains, and updates the bank's credit policy, underwriting guidelines, and loan approval procedures to ensure sound credit risk management practices.
- Oversees the credit underwriting process for all commercial loans, ensuring compliance with bank policy and regulatory requirements.
- Reviews and approves commercial loan requests within established authority limits.
- Chairs the monthly Loan Committee and presents credit recommendations to senior management and the Board of Directors.
- Ensures all credits are accurately risk-rated using appropriate methodologies and maintains the integrity of the bank's credit risk rating system.
Portfolio Risk Management
- Monitors and analyzes the bank's commercial loan and consumer loan portfolios to identify trends, concentrations, and emerging risks.
- Prepares comprehensive portfolio risk reports for senior management and the Board of Directors.
- Conducts portfolio stress testing and scenario analysis to assess potential credit losses under various economic conditions.
- Establishes and monitors key credit metrics, including delinquency rates, criticized and classified assets, and loan-to-value ratios.
- Provides early warning of deteriorating credit quality and recommends appropriate risk mitigation strategies.
Special Assets and Problem Loan Management
- Manages the bank's special assets function, including problem loan identification, classification, and resolution.
- Develops and implements workout strategies for troubled commercial credits.
- Oversees loan modifications, forbearance agreements, and restructuring efforts.
- Coordinates with legal counsel on foreclosure actions and collateral liquidation when necessary.
- Monitors and reports on the status of criticized and classified assets to senior management and the Board.
Regulatory Compliance and Examinations
- Serves as the primary point of contact for regulatory examiners on all credit-related examination matters.
- Coordinates responses to examination findings related to credit quality, underwriting, and loan administration.
- Ensures compliance with all applicable lending laws and regulations, including safety and soundness standards.
- Maintains current knowledge of regulatory changes affecting commercial lending and credit risk management.
- Prepares examination-ready documentation and credit files.
Credit Analysis Team Supervision
- Supervises and mentors a team of credit analysts responsible for commercial loan analysis and credit memorandum preparation.
- Provides training and development opportunities to enhance the credit analysis team's technical capabilities.
- Reviews and approves credit memoranda, financial spreading, and risk rating recommendations prepared by credit analysts.
- Establishes performance standards and conducts performance evaluations for credit analysis team members.
Business Development (Optional)
- May originate and service commercial loan relationships while maintaining objectivity in credit decisions.
- Develops and maintains professional relationships within the commercial lending community.
Committee Participation
- Chairs the monthly Loan Committee.
- Serves on the CRA Committee and other committees as assigned.
General Responsibilities
- Promotes and delivers quality internal and external customer service.
- Develops and nurtures a positive and professional working environment.
- Complies with all applicable banking laws and regulations, including, but not limited to, the Bank Secrecy Act, USA PATRIOT Act, and related anti-money laundering statutes, and federal consumer protection legislation and regulations.
- Performs other duties as assigned by the Chief Executive Officer.
