Director - Loan Review

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA. Requires the ability to travel, as needed, to our corporate headquarters in Lancaster, PA. 

 

Responsible for strategic leadership and oversight of the organization's Loan Review Department. This role has active oversight of a risk-based program which effectively plans and executes a review schedule designed to accurately assess credit risk throughout the organization. The plan will be commensurate with the size and complexity of the organization and adjusted as warranted through an ongoing risk assessment. Successful execution of the plan will result in an independent evaluation of the commercial and consumer loan portfolios to assess credit quality, identify trends, and ensure compliance with internal policies, regulatory requirements, and sound credit practices. Results of the department's work will provide contributory commentary to relevant stakeholders including senior management, bank regulators, and the Board of Directors and include appropriate recommendations for improvement to existing credit risk management practices as appropriate.

• Develops, implements, and monitors an Annual Plan used to independently assess both commercial and consumer credit risk across the organization. Incorporates periodic risk assessments to evaluate potential shifts in risk so that the Plan can be adjusted as needed.
• Leads the department’s overall evaluation of Credit Administration’s policies, practices, and procedures to ensure that sound credit risk management is in place. Assesses the accuracy of risk ratings assigned by the first line by guiding and training staff in the analysis of borrower information to arrive at sound and well-supported risk rating conclusions.
• Oversees the preparation and completion of clear, concise, and accurate reporting which objectively opines on review observations so that relevant stakeholders (senior management, the Board of Directors, and regulatory partners) have a clear understanding of the quantity and direction of risk within the portfolio reviewed. Where appropriate, reporting identifies areas of improvement which require more formal remediation.
• Leads the development of loan review staff by remaining abreast of industry practices, regulatory and accounting rules, and directing appropriate training as appropriate. Actively affirms that staff has the requisite acumen and capacity to complete high quality risk based reviews at a level commensurate with the size and complexity of the portfolio.
• Responsible for departmental compliance in areas including but not limited to budget, policy, audit, and functional risk compliance. Assists in special projects as assigned by management, including due diligence activities. Capable of executing these tasks with limited input or direction from manager.

 

Education

Bachelor's Degree or the equivalent experience. Specialty: Accounting, finance, or a related field. (Required)

Experience

15 or more years Commercial Credit, Underwriting, Special Assets, and/or Loan Review experience. (Required)

5 or more years management experience in a leadership role. (Required)

3 or more years exposure to distressed or workout credits. (Preferred)

Knowledge, Skills, and Abilities

• Executive level communication and relationship skills (Required)
• Able to balance strategic oversight with tactical execution (Required)
• Demonstrated knowledge of complex restructuring (Preferred)

 

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $160,200.00 - $267,100.00 annually.

Additional Compensation Components

 

This job is eligible to receive equity in the form of restricted stock units. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.