Emigrant Bank

Director, Commercial Credit Review

335 Madison New York, NY 10017 · Director · Full-time

Sponsorship not specified$250k-$275kDetected 71 days ago

Financial AnalysisAccountingAuditingLeadershipCommunicationMentoringPublic SpeakingAdaptabilityInternal AuditUnderwritingCFA

About the role

In addition to leading traditional credit review activities, the Director will champion the responsible adoption of artificial intelligence (AI) and automation across certain aspects of the credit review function.
Establish and refresh review scope, sample selection methodology, and coverage thresholds appropriate to a $5-10 billion institution, with documented rationale aligned to the Interagency Guidance on Credit Risk Review Systems.
Identify documentation, exception, and policy-deviation trends and escalate root-cause issues to the CRO, CCO and Board Risk Committee.

Deliver clear, timely, and well-supported written reports to executive management, the CRO, and the Board's Risk Committee, with actionable findings and tracked management responses.
Maintain the credit review charter, policies, and procedures, ensuring the function's independence.
Lead targeted loan-level reviews assessing underwriting quality, financial analysis, collateral evaluation, structure, documentation, covenant monitoring, and ongoing servicing.
Independently validate the accuracy and consistency of risk ratings (pass and criticized) across the commercial portfolio and assess timeliness of rating changes.
Evaluate the design and operating effectiveness of the Bank's commercial credit policies, underwriting standards, exception processes, and approval authorities.
Serve as the credit review function's champion for responsible AI adoption - building the business case, prioritizing high-value use cases, and partnering with stakeholders to pilot and scale solutions.
Identify candidate use cases such as automated document intake and spreading, covenant and financial-reporting tracking, exception detection, anomaly identification in risk ratings, expanded sampling, and natural-language summarization of credit files.

Experience participating substantively in regulatory examinations and external audits of commercial credit functions.
Track record of producing clear, evidence-based written reports and presenting to executive management and a Board-level committee.
Bachelor's degree in finance, accounting, business, economics or related field. Master's degree preferred.
15+ years of progressive commercial banking experience, with at least 7 years in credit review, credit risk, commercial underwriting, special assets, or a combination, including (preferably) time at a bank with similar size, complexity, and regulatory profile.
Demonstrated mastery of commercial credit analysis, structuring, and risk rating frameworks.
Genuine willingness to champion AI and automation in credit review, balanced with an instinct for sound governance, model risk, and audit defensibility.
Strong leadership, coaching, and people management skills.
Independence and intellectual honesty - willing to deliver hard messages with evidence and tact.
Strategic mindset paired with hands-on attention to detail.
Strong written and verbal communication, including Board-level presentation skills.
Curiosity and adaptability - a real interest in how AI and modern tooling can responsibly improve credit risk oversight.
Collaborative influence across first, second, and third lines of defense

Design, maintain, and execute an annual risk-based credit review plan covering commercial loans, including CRE and a variety of specialty credits.

This listing is sourced directly from Emigrant Bank's careers page and normalized into a canonical job model.