Responsibilities
- Review, enhance and maintain appropriate policies, procedures, guidelines for Credit Risk.
- Provide leadership, guidance, and strategic direction across Credit Risk to ensure adherence to all Bank related policies.
- Manage a team of approximately 5 people.
- Manage team workflows including multiple processes to ensure team deliverables are completed timely and thoroughly in order to monitor credit risk in a structured approach.
- Promote proper assessment, measurement, management, and reporting of credit risk.
- Assign credit risk ratings and credit restrictions based on analysis of complex credit risk rating models, financial statements, and other qualitative and quantitative factors.
- Develop systems to assist in monitoring credit risk.
- Serve as leader of the Credit & Collateral Risk Committee
- Represent Credit Risk area on bank wide initiatives including overseeing any IT related projects.
- Ensure that Credit Risk staff is working with Calling Officers and Collateral Services to monitor the credit quality of members to anticipate risk profile changes which may impact the member's collateral category as well as to recommend haircut changes due to weaker credit quality and weaker district economic conditions.
- Oversee Credit Risk staff on conference calls and member visits as required to further understand the members' changing risk profile to establish an appropriate credit recommendation.
- Responsible for all Credit Risk Staffing and Training.
- Ensure the Credit Risk team stays abreast of regulatory and industry trends and recommends necessary changes to the Bank's risk management policies, operating standards, frameworks, and procedures.
- Manage Credit Risk Staff production of credit analysis of members, counterparties, mortgage insurers, vendors, mortgage servicers, housing associates, etc.
Perform detailed analyses and formulates recommendations with little or no guidance.
- Ensure that Credit Risk area appropriately monitors exposures relative to established limits to ensure compliance, notifying senior management of any breaches.
- Responsible for developing and presenting credit risk metrics to Senior Management and the Risk Committee of the Board of Directors
- Communicate with key external stakeholders, including the FHFA and primary regulators of Bank members to explain the Bank's credit risk position.
Develop Key Relationships including :
- Internal : Regular interaction with Capital Markets Group, Investment Portfolio Management, Credit Service Representatives, Financial Accounting, and Calling Officers.
- External : Regular interaction with Bank customers, regulators, and NRSRO analysts.
Skills & Experience
- 15 + years in Banking industry or equivalent performing Financial / Credit / Investment Analysis and report preparation.
- Knowledge of banking industry, NRSRO rating systems, and financial credit rating models.
- Understanding of domestic and foreign accounting rules, banking regulation, and financial markets.
- 5+ years' experience managing a team.
- Demonstrated understanding of high-level credit principles, particularly related to banks, credit unions, and insurance companies.
- In-depth knowledge of counterparty risk issues, underwriting standards, mortgage related risk, derivative exposure risk, and risk-based capital
- Ability to review, challenge, and provide guidance for team's credit recommendations and conclusions.
- Ability to understand complex concepts and data to develop data driven recommendations and guide team to execute approved solutions.
- Ability to understand and interpret complex statistical models and how to use them to assess credit risk.
- Understanding the mortgage securitization process and the workings of secondary market and its participants.
- Ability to manage team workflows to ensure team deliverables are completed timely and thoroughly.
- Ability to manage projects involving multiple stakeholders.
- Ability to effectively delegate to optimize team's performance.
- Ability to effectively manage competing priorities.
- Strong analytical (i.e. - quantitative, qualitative, statistical, etc.) and research skills
- Excellent written and oral communication skills and presentation skills
- Ability to develop credit policies and procedures to implement proper controls for the Bank.
- Strong interpersonal skills to manage relationships with senior Bank management and lead junior staff.
Associate / VP, Liquidity Risk Oversight Manager
Develop bespoke risk frameworks and tools to track and analyze movement in key liquidity metrics and use results to aid review and challenge activity. Provide challenge to 1st line proposal of annual risk appetite statement refresh for CUSO. Assist in preparing risk committee meeting materials to re...
Financial Credit Risk - Manager
As a member of the Risk & Regulatory Advisory team, you will advise financial institutions on a broad range of credit risk management topics including organization and governance; credit process optimization; risk rating model design, build and implementation; credit regulatory assessments; and Curr...
Senior Risk Manager - Engineering COO Office
The Senior Risk Manager will be responsible for establishing a first line of defense risk management program by establishing a risk management framework, ensuring appropriate controls and control monitoring, assessing operational processes and technology risks, identifying weaknesses or gaps, and mo...
Director, Regulatory Risk Senior Group Manager (Hybrid)
The Finance Chief Risk Office (FINCRO) provides risk management oversight of the Finance function, including effective risk challenge and mitigation of risk for capital, liquidity, interest rate risk and treasury investments, and ensures compliance with all risk-related regulatory requirements. With...
Senior Vice President, Counterparty Credit Risk
Counterparty Credit Risk (“CCR”) is a nd Line-of-Defense function within Credit Risk that will enhance oversight and controls over CCR metrics. Senior Vice President, Counterparty Credit Risk. We’re seeking a future team member for the role of Senior Vice President to join our Counterparty Credit Ri...
Senior Investment Associate – Asset Management - NYC Private Credit Investment Manager
J Harlan Group is currently conducting a search for an experienced and highly motivated Senior Investment Associate – Asset Management at a prominent Private Credit Fund Manager Headquartered in NYC. Experience working in private credit, private equity, rating agency, consulting working in cre...
Senior Audit Manager - Treasury & Liquidity Risk Audit - New York, NY
Manages internal audits, internal controls, risk management, and / or compliance reviews with a focus on commercial banking. Provides independent assurance over the Group's internal control framework and assists business line management by evaluating and improving the effectiveness of control, gover...
Risk and Compliance Lender Due Diligence Senior Manager
Protiviti is looking for a Risk & Compliance Senior Manager to join our growing Lender Due Diligence team. As a Senior Manager, you’ll partner with our clients to identify and manage risk. You enjoy help our clients to address key credit risks and concerns by performing reviews of the “target” compa...
Project Finance VP - Credit Risk Management
Reviews credit applications forpleteness, consistency with internal policies, and follows up as needed with Front Office. Makes rmendations in consultation with Sector Credit Officer regarding exposure, ratings, structure. Coordinates with Paris questions which may arise in credit proposal and analy...
Financial Risk & Regulatory - ALM/Balance Sheet - Senior Manager
Demonstrates thorough knowledge of leading or facilitating relevant project management or client consultations in the areas of Risk Management credit risk processes, credit analysis, risk rating, risk management policies and risk management organization structures, including security analysis and ri...