Cross River

VP, Commercial Credit Risk

Fort Lee, New Jersey, United States · Vp

Sponsorship not specified$200k-$225kDetected 16 days ago

ComplianceFinancial AnalysisAccountingCollaborationUnderwriting

About the role

Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money safely, instantly, and inclusively - trusted by leading fintechs, enterprises, and disruptors across the globe.
Guided by a culture of collaboration, curiosity, and purpose, Cross River has been named one of American Banker's Best Places to Work in Fintech year after year.
Priority consideration will be given to candidates who have experience in Healthcare related transactions involving skilled nursing and assisted living facilities.

Responsibilities

Perform independent second line of defense review of all commercial credit originations
Document independent risk opinions and escalate material credit concerns to the CCRO and/or Credit Committee
Support the design, development, and ongoing enhancement of internal credit risk rating scorecards and methodologies
Collaborate with credit risk analytics and data teams to validate scorecard performance, calibrate rating thresholds, and ensure alignment with regulatory expectations (FDIC guidance, Interagency Policy Statements)
Conduct or validate impairment analyses (ASC 310/326) for credits exhibiting signs of deterioration
Partner closely with the Allowance/CECL team to support specific reserve (individual assessment) analysis for impaired or deteriorating commercial credits
Maintain, review and update the Commercial Lending Policy and Procedures

Requirements

Bachelor's degree - in Finance, Accounting, Economics, or a related field (required)
Minimum 10 years of progressive experience in commercial credit risk, underwriting, or credit portfolio management within a banking environment, preferably at a community or regional bank
At least 5 years in a second line of defense, credit review, or senior credit risk management role
Demonstrated experience with CRE, Construction, Lender Finance, C&I, SBA and/or Health Care lending portfolios
Understanding of CMS/Medicaid/Medicare reimbursement dynamics and Health Care regulatory and licensure risk factors
Prior involvement in regulatory examination preparation and response

Nice to have

Master's degree (MBA) or professional certification (e.g., CFA, CRC, FRM, RMA-CCRM) (preferred)
Experience with FDIC and/or OCC regulated institutions strongly preferred
Experience with or exposure to Fintech/BaaS lending programs and third-party risk management is a significant plus

Compensation

$200,000.00 - $225,000.00
Review of Annual Reviews, Rating Upgrades/Downgrades & Impairment Analysis
Oversee and independently validate the annual review process for the commercial loan portfolio, ensuring timely completion, appropriate financial analysis, and accurate risk rating assignment

Benefits

Conduct financial and risk assessment reviews (payer mix, reimbursement rate sensitivity, regulatory/compliance risk)
of Health Care providers (skilled nursing, assisted living, hospitals

Company info

Cross River builds the infrastructure behind the world's most innovative financial products. Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money safely, instantly, and inclusively - trusted by leading fintechs, enterprises, and disruptors across the globe.
Our mission is simple: to build the financial infrastructure that expands access and opportunity for all. Guided by a culture of collaboration, curiosity, and purpose, Cross River has been named one of American Banker's Best Places to Work in Fintech year after year. Whether you're designing code, solving regulatory puzzles, or developing strategy, you'll join a team where innovation and integrity drive everything we do - and where your work helps shape the future of finance.
What We're Looking For
The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank headquartered in New Jersey. This role provides independent credit risk oversight across the bank's commercial lending portfolios - including Commercial Real Estate (CRE), Construction, Lender Finance, Commercial & Industrial (C&I), SBA and Health Care - as well as credit exposures arising from the bank's Fintech partnership and Banking-as-a-Service (BaaS) activities. Priority consideration will be given to candidates who have experience in Healthcare related transactions involving skilled nursing and assisted living facilities.
Cross River builds the infrastructure behind the world's most innovative financial products.
Our mission is simple: to build the financial infrastructure that expands access and opportunity for all.
Whether you're designing code, solving regulatory puzzles, or developing strategy, you'll join a team where innovation and integrity drive everything we do - and where your work helps shape the future of finance.
to build the financial infrastructure that expands access and opportunity for all.

Equal opportunity

Cross River is an Equal Opportunity Employer.

Apply directly at Cross River →Create a free account for alerts like this View Cross River immigration profile

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