Consumer Senior Credit and Policy Manager II

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below.

Specific activities may change from time to time.

1. Provide independent leadership and strategic direction for complex multi-product consumer credit horizontal domains or business units to ensure the long-term objectives are appropriately balanced among quality, growth, and profitability, and ;

also monitors loan-pricing, collections, and default management strategies to maximize the performance of the overall loan portfolio.

2. Single point of contact for the assigned consumer credit business unit adjudication processes including adjudication of exception approvals, portfolio acquisitions, and complex partnership arrangements.

3. Provide direct oversight to team on development and maintenance of consumer loan policies and procedures, including high standards for credit quality and guidelines around credit limits, to ensure credit is extended appropriately within consumer business units.

4. Lead a team that provides oversight and effective challenge to the first line of defense on the development of new and existing consumer lending products for clients, ensuring profitability for the business units.

Develop tools and metrics to identify 'deviations from the norm" or potentially fast growing high-risk segments in the consumer portfolio.

5. Support consumer merger activity through the development and execution of effective merger integration plans.

5. Lead the integration of risk and portfolio management best practices across horizontally and by consumer product lines ensuring returns are optimized through economic credit cycles.

6. Provide direct oversight to team on the establishment, analysis, and maintenance of concentration limits, exceptions, product mix / pricing, delinquency and loss trending, product optimization, originations, and portfolio performance targets by consumer business.

7. Provide direct oversight to team to ensure integrity in the establishment, updating and maintenance of the automated decision engines and custom credit models.

Provide independent leadership in the development of consumer portfolio risk-based pricing models and loan loss models involving logistic regression and other statistical techniques and emerging issues.

9. Lead a team that provides periodic loan review plans for the consumer loan portfolio by working with Credit Risk Review.

8. Assist in the effective challenge of default management strategies including collections, repossessions, deferrals, extensions, re-ages, and other modifications

9. Prepare and deliver committee presentations for senior and executive level members to take immediate action driven by the recommendation

10. Serve as a key contact for Consumer Credit with third party assurance providers e.g. Federal and State Regulatory agencies, Credit Risk Review and Internal Audit.

Establish management and administrative procedures for consumer portfolios to ensure adherence to regulatory credit policies.

Engage in credit risk review and internal audits performed against consumer credit either horizontally or by business unit.

QUALIFICATIONS

Required Qualifications :

The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree in Business or equivalent education and related training.

2. 15 years of credit related experience including complex lending structures, documentation skills, modeling skills and problem loan experience

3. 15 plus years of related experience, including consumer, small business, credit card, mortgage and / or wealth

4. Consumer risk and regulatory knowledge

5. Superior ability to think strategically, multi-task, and drive change

6. Superior quantitative, governance and analytic abilities

7. Strong decision making capability

8. Strong leadership, partnership and management skills

9. Demonstrated excellent problem solving

10. Strong verbal and written communication skills.

Preferred Qualifications :

1. 20 plus years credit related experience, including 5+ years of default management and / or collections experience

2. Master's degree in business administration, finance or accounting

3. Graduate of industry banking school(s)

4. Serves as a member or in a leadership position with an industry professional association.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation : All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.

Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.