Credit Risk Manager I

Truist Bank • Greensboro, VA

1d • Onsite

About The Position

Responsible for optimizing profitability of the wholesale loan portfolio by maintaining proper balance between quality, profitability, and compliance in the assigned portfolio. Partner with Line of Business (LOB) segment leadership team to execute credit strategy in line with LOB targets and Truist stated risk tolerance. Leads a credit approval team of Credit Risk Officers/Portfolio Managers that inculcates credit culture through communication, guidance, training and development. Provides a leadership role in modeling behaviors that reflect strong judgment capabilities gained through broad and deep credit experience, constructive partnership and ability to navigate challenges that have potential impact on Truist profitability.
Position will sit in-office 5 days a week at one of the locations listed. No other locations will be considered. No remote option available.

Requirements

• Bachelor's degree, or equivalent education and related training
• 5 years of experience in lending and/or credit experience
• Comprehensive financial credit risk and regulatory knowledge
• Strong communication and interpersonal skills with demonstrated leadership ability to collaborate across teams and build strong relationships

Nice To Haves

• 10 years of experience in lending and/or credit experience
• Master's degree in business administration, finance, or accounting
• RMA - Credit Risk Certification

Responsibilities

• Serve as a risk manager for commercial/wholesale lending or specialty lines of businesses. Promote consistency of Bank's credit culture and lending strategies throughout organization. Responsible for leading the advancement of the organizations risk management culture, framework, and appetite
• Lead and manage a team of Credit Risk Officers/Portfolio Managers for small to moderate sized portfolio. Engage in the development of each teammate by providing timely constructive feedback/coaching and regular expectation setting and reinforcement. This includes oversight and inspection of adjudication behaviors and activities, including client selection, risk selection, underwriting exceptions, turn times and general level of engagement
• Provide indirect leadership to the LOB and Credit Delivery teams of the assigned portfolio through the delivery of credit training and mentorship of client facing lenders/Relationship Managers
• Exercise prudent credit judgment and guidance through individual delegated loan authority
• Stay abreast of laws, regulations and risk management techniques to ensure compliance and best practices in risk management. Stay abreast of local and national economic trends and market conditions

Benefits

• 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.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.
• As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level