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Credit Administration Manager
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Ocean Bank
Miami, Florida
(on-site)
Posted 8 days ago
Credit Administration Manager
Share Print
Ocean Bank
Miami, Florida
(on-site)
Job Type
Full-Time
Min Education
None
Salary - Type
Yearly Salary
Job Function
Accounting/Finance
Credit Administration Manager

The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Credit Administration Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.

Description

Credit Administration Manager

Location US-FL-Miami

ID 2025-2348

Category Credit

Position Classification Hybrid

Overview

The Credit Administration Manager is responsible for overseeing the analytical functions of the Bank's loan portfolio. This includes managing the quarterly Allowance for Loan and Lease Losses (ALLL) process, monitoring lending against investments, and ensuring compliance with internal policies and regulatory standards.

Responsibilities

  • Manage pledging activities with the Federal Home Loan Bank and Federal Reserve.
  • Perform the Allowance for Credit Losses analysis (CECL) on a quarterly basis.
  • Monitor overall bank loan quality, repayment activity and collection efforts.
  • Identify troubled loan modifications and ensure that credit file administration is complete and consistent with loan policy.
  • Prepare board-level reports, evaluate loan systems and recommend policy enhancements.
  • Collaborate with Relationship Managers, Special Assets and Legal on classified loans, and assess various commercial credit types.
  • Assist the Head of Credit Administration overseeing regulatory monitoring (e.g., Reg O)
  • Partner with Business Intelligence to develop reporting databases to support portfolio management processes.
  • Support ad-hoc projects and liaise with internal and external auditors and examiners.

Qualifications

Education/Experience:

Requirements

  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • 5+ years in Credit Administration or financial operations.
  • Prior leadership or supervisory experience in a credit or lending environment.
  • Working knowledge of credit and financial analysis, including Cash Flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis.

    • Combination of education and experience will be considered.

    Skills & Competencies

  • Prior accounting experience with exposure to audit, risk, or financial reporting in banking or credit environment.
  • Must possess strong credit skills and be knowledgeable of credit policies.
  • Must be familiar with Commercial & Industrial credit underwriting policies.
  • Must be able to perform credit risk portfolio assessments in a thorough and timely manner.
  • Must be well versed with regulatory compliance requirements, as well as Accounting Standards Codifications as they pertain to loans.
  • Must have excellent organizational, interpersonal, written and verbal communication skills.
  • Computer proficient in MS Software, (e.g. Excel, Word, and Outlook).

    • Preferences

    • Familiarity with systems like Abrigo, Moody's, or similar credit risk platforms.

    Licenses/Certifications

    • CPA (Preferred)

    Job Posting Locations

    In this role you can work hybrid from Miami, Florida, United States

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    Job ID: 79963246
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    Median Salary
    Net Salary per month
    $4,230
    Cost of Living Index
    78/100
    78
    Median Apartment Rent in City Center
    (1-3 Bedroom)
    $2,962 - $5,218
    $4,090
    Safety Index
    47/100
    47
    Utilities
    Basic
    (Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
    $100 - $304
    $148
    High-Speed Internet
    $45 - $90
    $64
    Transportation
    Gasoline
    (1 gallon)
    $3.29
    Taxi Ride
    (1 mile)
    $3.30
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