[Hiring] Credit Risk Review Officer @Live Oak Bank

Role Description

As a Credit Risk Review Officer, you will play a critical role in safeguarding the strength, integrity, and long‑term performance of Live Oak Bank’s loan portfolio. Serving as a subject matter expert within the Credit Risk Review function, you will:

• Independently assess the Bank's most complex Specialty Lending relationships.
• Provide credible challenge to credit and underwriting practices.
• Ensure that lending practices align with regulatory expectations, internal policies, and Live Oak’s high standards for sound credit risk management.
• Ensure transparency and accountability in loan quality.
• Help shape strategic decision‑making and enhance credit risk governance.

What You'll Do at Live Oak

• Lead reviews of the Bank's most complex, higher-risk, or specialized lending relationships.
• Support monitoring of portfolio performance to identify trends, emerging risks, and areas of concern.
• Contribute to the evolution of credit risk review methodologies, coverage strategies, reporting frameworks, and risk assessment practices.
• Perform individual file and relationship reviews under the established risk‑based loan review program.
• Validate the accuracy and consistency of loan risk grade assignments.
• Act as a subject matter expert for assigned commercial products.
• Ensure the quality, completeness, and accuracy of supporting credit risk review documentation.
• Participate in findings discussions with credit risk and the first line leadership.
• Provide independent, objective challenge to lending, underwriting, and portfolio management practices.
• Support regulatory examinations, internal audits, and governance reporting activities.
• Deliver timely, actionable reports to the Managing Director, Credit Risk Review.
• Maintain expertise in commercial and government‑guaranteed lending programs.
• Manage, coach, and develop Credit Risk Review Associates and Senior Associates.
• Serve as a thought partner to first line partners for assigned commercial products.
• Maintain strong awareness of applicable regulatory requirements.

Qualifications

• 10+ years of progressive experience in credit risk review, special assets, internal audit, or commercial credit within a regulated financial institution.
• Extensive knowledge of complex and highly structured commercial lending structures.
• Strong understanding of regulatory expectations related to credit risk management.
• Demonstrated ability to implement review methodologies and drive process improvements.
• Strong analytical, communication, and relationship‑building skills.

Requirements

• University or College degree majoring in a related discipline (e.g. Business or Finance).
• Formal credit risk training or professional certification.
• Familiarity with risk analytics, credit metrics, portfolio analysis, and credit MIS tools.
• Background in high‑growth or digitally‑focused banking environments.
• Proven ability to mentor and lead high‑performing risk or credit teams.

Benefits

• Base pay range: $128,500.00 - $179,900.00 per year.
• Compensation may include annual bonuses and long-term incentives.
• Paid sick leave in compliance with state requirements.