Consultant / Senior Consultant Credit Risk Review

Under the direction of the Director of Credit Review, this position is responsible for managing the independent credit risk review function that assists the Board of Directors and management of the Company in the effective discharge of their responsibility to maintain a continuous awareness of credit risk and the effectiveness of its management throughout the Company. Responsibilities include monitoring / testing the accuracy of assigned credit risk ratings; evaluating credit underwriting; reviewing for compliance to the Company’s loan and lending policies; assessing problem asset administration; and critically evaluating the effectiveness of credit risk management processes throughout the Company.

• Plans and manages credit risk reviews of business units throughout the organization to evaluate asset quality, to assess the accuracy of the credit risk identification process, and to determine the reasonableness of credit underwriting, administration and documentation processes. Maintains industry-leading credit quality information and identifies credit issues / trends that require further analysis. Assists in evaluating the Reserve for Credit Losses.
• Develops strategic credit risk assessments that determine the credit risk review plans; evaluates various models used for credit loss forecasting, portfolio stress testing and other targeted analysis; accesses and queries a multitude of databases and creates and maintains data sets as appropriate; participates in new product development initiatives to ensure that appropriate credit risk issues are adequately addressed; identifies and communicates potential policy and / or operational improvements that will enhance credit quality; monitors and evaluates problem loan statistics to ensure that appropriate reporting of activity is occurring. Understands pertinent regulatory issues and their impact on credit risk. Monitors compliance with bank policies / procedures and Federal / State laws and regulations. May represent the Company during Federal and State regulatory reviews.
• Presents and negotiates the results of all credit risk reviews and monitoring activities to management, Credit Policy Committee, and the Audit & Risk Committee in an effective and timely manner. This includes written risk review & credit process reports, credit risk perspective assessments, credit risk rating accuracy analyses, monitoring reports, as well as other miscellaneous presentations. Reviews and edits written reports prepared by other credit risk review officers and consultants.
• Determines whether follow-up credit risk reviews, target reviews, special investigations, or additional communications with examined business units are required based on credit issues identified. Researches, analyzes, and prepares various loan quality information reports for senior management, the Board of Directors, and the Company’s outside auditors.
• Establishes, fosters, and maintains working relationships with peers and line management within the business units to support an effective workflow while maintaining independence / objectivity. Provides advisory assistance to lending personnel regarding credit risk identification, credit underwriting, and credit risk management practices.
• Benchmarks “best practices” with peer institutions and makes recommendations to incorporate them into the Company’s credit risk management processes, as appropriate.
• Provides direction to other credit risk review professionals during reviews, special projects and on an ongoing basis to ensure a comprehensive examination and monitoring program. May participate in hiring and performance evaluation decisions.
• Performs all other miscellaneous responsibilities and duties, as assigned.
• Bachelor’s degree from an accredited institution or equivalent work experience, preferably with a business-related or equivalent major. Completion of a formal credit training program.
• Consultant : Minimum 7 - 10 years of experience in financial services or with a regulatory agency; and demonstrated expertise in credit risk management including commercial and / or retail lending, credit administration, or credit review. Excellent commercial and retail credit analytical skills; and at least five years of people management experience. Advanced knowledge of bank regulatory laws, policies and procedures. Advanced knowledge of bank credit policies and procedures.
• Senior Consultant : Minimum 10 - 15 years of experience in financial services or with a regulatory agency; and demonstrated expertise in credit risk management including commercial and / or retail lending, credit administration, or credit review. Excellent commercial and retail credit analytical skills; and at least seven years of people management experience. Advanced knowledge of bank regulatory laws, policies and procedures. Advanced knowledge of bank credit policies and procedures.
• Demonstrated proficiency and expertise with personal computers and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software. Knowledge of or ability to use Bank software and systems.
• Must possess strong credit knowledge and acumen, as well as a good understanding of the banking business and economics. Demonstrated verbal and written communication skills, including presentation skills. Able to express complex ideas in concise and simple terms. Must be an effective and objective communicator, able to make formal presentations to the Board and all levels of management. Able to work effectively with department staff, as well as those outside immediate area, including Board members, external auditors and regulatory staff. Must be analytical, detail oriented, organized, and independent. Must be able to meet deadlines and handle multiple priorities. Able to analyze large amounts of data quickly, draw conclusions from sometimes incomplete information and make good decisions. Must be able to solve problems creatively and decisively. Able to work flexible hours including weekends and evenings as necessary. Must be able to travel to various locations and by air.

As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow.