AJ Consultants has been retained by DC Green Bank to find their next Senior Director of Credit Administration. DC Green Bank is an innovative financial solution provider supporting District businesses, organizations, and residents on the path to a cleaner future. They are building a diverse, talented and passionate team to help carry out this mission.

The Director/Sr. Director of Credit Administration is responsible for the development of DC Green Bank’s Credit Risk Management strategy. This includes the creation of credit policies and procedures, product guidelines, risk grading systems, loan approval procedures and monitoring of DC Green Bank’s loan portfolio. The Director/Sr. Director of Credit Administration will work closely with the CEO, CIO, and the Bank’s General Counsel to craft new financial products and ensure that the Bank stays in compliance with all lending programs.

Duties include the following. Other duties may be assigned.

Commercial Lending Transactions

• Review and provide feedback on all term sheets issued by DCGB.
• Review and provide feedback on all approval packages.
• Develop underwriting templates and models used in the Bank’s approval packages.
• Attend client meetings or other external stakeholder meetings to discuss future loan and funding opportunities.
• Review loan documents to ensure that all loans are closed in accordance with the final approval.
• Review all third-party due diligence reports.
• Maintain understanding of lending activities within the Green Bank sector, including loan structure, interest rates, and product types. Maintain understanding of industry best practices within the Green Bank sector.
• Recommend and manage any underwriting contractual support DCGB requires
• Administer the Bank’s loan management system, Abrigo. Make updates to the platform as needed, including updates to loan application templates and loan closing checklists.
• Work closely with the lending team to monitor, administer, and restructure any problem loans within the portfolio.

Portfolio Management and Reporting

• Create and maintain reports that monitor the health of the commercial lending portfolio. This includes but is not limited to sector/collateral concentration, risk grade migration, and delinquency reporting.
• Oversee the monitoring of the commercial loan portfolio, including compliance with all existing financial and reporting covenants.
• Work with the CIO and the GC to manage loan delinquencies and establish procedures to effectively manage delinquencies within the portfolio.
• Work with the portfolio manager to ensure that all loans are accurately boarded to the Bank’s loan management system. .
• Facilitate reporting and monitoring of other performance metrics that measure the Bank’s impact on climate mitigation and resilience.
• Maintain the Bank’s risk grading system and ensure that all loans are risk graded correctly. Adjust the Bank’s risk grading system as market conditions or sector risks change.
• Work with the CFO to evaluate Loan Loss Reserves and adjust LLRs as needed.
• Provide board with regular problem loan reporting and updates, including detailed action plans.

Policies and Procedures

• Prepare, review, and modify (when necessary) the Bank’s lending policies and procedures.
• Ensure that all credit policies are well-communicated and followed within the organization.
• Create product level guidelines that clearly outline underwriting criteria, required due diligence, and loan closing requirements.

Team Leadership

• Develop and grow assigned department staff, providing on-going training and feedback as needed.
• Provide managerial oversight over the Bank’s portfolio manager and any future underwriting or portfolio management/monitoring positions.
• Conduct other supervisory duties such as performance reviews, delegation of work, monitoring of work assignments, and monitoring of work schedules.

DECISION-MAKING AUTHORITY

Makes frequent and moderate-risk decisions effectively handled alone or with a team, with limited input from others.

Responsible for making recommendations to the decision-maker. May use other sources within the organization to study and develop the recommendation and seek advice from different organization segments.

DC Green Bank is committed to the principles of equal employment. It complies with all federal, state, and local laws providing equal employment opportunities and all other employment laws and regulations. If interested and qualified please reach out or apply.