Israel Discount Bank of New York, also known by its registered service mark, “IDB Bank”, is a full service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). Our liquidity and capital ratios are strong, and we are ranked by Crain’s New York Business as the 24th largest commercial bank in the New York area.  the Bank provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category in accordance with applicable federal, state and local law.

For all credit granting business units determined to fall under the Credit Risk Department's responsibility (as determined by Senior Management and/or Credit Policy) the Credit Risk Officer ("CRO") will:

• Provide an opinion on the acceptability of any credit proposal which meets the threshold for CRO review per loan policy. For credits requiring Credit Committee approval this is to be a written opinion which outlines the basis for the recommendation. Recommendations can be to support or decline and may carry conditions.
• Opine on the accuracy of the risk rating on all credits presented to a CRO for review.
• Provide guidance to the account officer and business unit management for all prospective credit requests. Guidance to include feedback on creditworthiness, loan structuring, compliance with bank policy and assessing the completeness and accuracy of the credit underwriting. This guidance is to come in conjunction with that of the business unit management.
• Identify all “at risk” credits (risk rated 6W or worse) and credits noted for Extra Attention in conjunction with the line officers and assure that they are properly reported at the quarterly watch list meetings. Specific guidance on action plans and remedial efforts is expected.
• The CRO will monitor the portfolio performance of their assigned units for the below credit quality measures, when such information is available:
  • Weighted average risk ratings
  • Risk rating changes/migrations
  • Past due items
  • Non-accruals
  • Charge offs/recoveries
  • Expired and expiring lines
  • Overdrafts
  • Over lines and over advances
• The CRO will provide input to management on the adequacy of the Bank’s Credit Policy.
• The CRO will provide input to business line management on the credit skills of line unit staff and when appropriate will offer training and/or guidance on credit related issues to the line unit staff.
• The CRO will assist management in portfolio review activities as a special project if a specific concern arises.
• The CRO is expected to remain current on financial and market trends which would impact the credit portfolios served as well as general credit risk issues in the industry.

• Bachelors degree from an accredited institution.
• Minimum 10 years of experience in a role of Commercial Credit granting.
• Ideal candidate will have background in Commercial and Industrial Lending with some experience in Commercial Real Estate

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

Due to COVID-19, most of our employees are working remotely. We have implemented a virtual hiring process and continue to interview applicants by phone or video and are onboarding new hires remotely. We value the safety of our employees because we’re all in this together.

NO AGENCIES PLEASE.