C&I Credit Risk Officer – Climate Focus

**Purpose of Position:** Responsible for internally supporting the prudent extension of credit originated by the Bank’s Commercial Banking (“CB”) and Business Banking (“BB”) business units. The sectors of focus will include the following areas of climate / renewable energy project finance: commercial solar, battery energy storage (BESS), landfill gas treatment, wind, geothermal, etc.. Coordinate with relationship managers (“RMs”) in the CB and BB business units, as well as with the C&I Senior Credit Officer (“SCO”) and legal counsels. Additionally, in coordination with the business units, manage Criticized / Classified transactions until the loans are either upgraded, transferred to Special Assets or exited. Support robust, ongoing portfolio management efforts, with a primary focus on risk rating consistency and integrity. **Essential Job Functions:** 1. Promote sustainable growth of the Climate Lending portfolios without incurring unnecessary credit risks. Participate in the internal transaction “pre-screening” process for potential lending opportunities, and provide timely feedback / recommendations on structure, sources of repayment and overall viability. 2. Review and provide feedback to the loan originators (RMs) during the preparation of Credit Approval Memos (“CAMs”); interface with the Portfolio Managers (“PMs”) on an ongoing basis after the loans have been approved by the requisite authority. 3. Liaise with the SCO/CCRO to ensure all of CRM’s due diligence issues / concerns are fully addressed in the CAMs prior to final submission (i.e. Credit Committee or other decisioning authority). 4. As per authorities governed by the Bank’s Credit Policy, approve extensions of credit to new clients and modifications to existing client exposures. 5. Identify, and communicate to executive management, negative developments and trends impacting individual credits, sectors or the overall portfolio. 6. As necessary, prepare monthly periodic reviews of Criticized / Classified loans in the Bank’s portfolio. 7. In conjunction with RMs and both external and in-house legal counsel, review and provide feedback on requests for waivers / amendments / extensions. 8. Work closely with legal counsel and third-party consultants / advisors to ensure the Bank’s collateral is well protected. 9. For both new lending opportunities and portfolio management issues, advise and make recommendations to SCO/CCRO. 10. As directed by SCO/CCRO, address requests of third-party reviewers / examiners. 11. As required, complete quarterly analysis to determine specific loan loss reserves and assist SCO/CCRO with preparation of Individually Assessed Loan Control Memo. 12. Perform other ad-hoc duties relevant to CRM, as directed. **Knowledge, Skills and Experience Requirements** **:** 1. Master’s degree or equivalent experience 2. 10+ years of relevant experience including former Credit Officer / Underwriter / Portfolio Manager positions; combination of large and small bank experience will be considered a plus 3. At least 3+ years of lending experience across multiple climate / renewable sectors, including commercial solar, BESS, landfill gas treatment, wind, etc. 4. Experience making presentations to senior management 5. Understanding the key aspects of a sound credit approval process 6. Demonstrated proficiency with Excel 7. Knowledge of Microsoft Office suite 8. Excellent financial analysis and problem-solving skills 9. Demonstrated ability to collaborate with deal teams (RMs and PMs); challenge assumptions; identify potential risks and soundly structure a loan; fundamentally work towards a ‘yes’ yet knows when to say ‘no’. 10. Proven verbal, written, and interpersonal skills 11. Formal bank credit training a plus 12. In depth knowledge of, and experience with, regulatory guidelines, Modifications of distressed loans, and Current Expected Credit Loss (CECL) reserve methodology is considered a plus 13. Experience managing a diverse portfolio of companies 14. Prior…