Risk Manager II (US) Unsecured Lending

TD Bank•Mount Laurel, NJ

2d•Onsite

About The Position

The Risk Manager II, on a 2nd line credit risk team, oversees portfolio credit risk on retail unsecured lending products, e.g. credit cards, personal loans, and overdraft. Risk Manager II oversees the creation, implementation and validation of various risk segmentation strategies including, but not limited to: adjudication, exposure management, risk segmentation, financial return optimization, and risk appetite establishment. Special focus would be on overdraft function related to depository products and may have extended responsibilities into other unsecured products. The Risk Manager II provides critical information, interpretative, and detailed analysis, and deploys critical credit risk rational strategies that ensures the decisions are made within the TD risk appetite and adhere to all governmental requirements and guidelines. Expertise in retail lending or unsecured lending credit risk along with abilities to self motivate and project manage are essential skills to drive success. Advance knowledge on card strategies, Risk Adjusted Revenue, Risk Adjusted Margin, NPV, ROE, etc. with the limited guidance from the manager.

Requirements

Bachelor's degree required
10+ years' experience required
Proficient PC skills in MS Office and a variety of PC-based analytical and reporting software packages
Experience with the use of Relational Databases and the process of Extract Transform Load (ETL) using common languages such as SQL or SAS
Working knowledge of SAS Enterprise Miner, FICO Model Builder or Angoss Knowledge Seeker
Strong analytical and problem solving skills are required to interpret data and draw conclusions
Flexibility to adapt to rapidly changing requirements
Extremely strong attention to detail with ability to manage a range of tasks and prioritize
Proven ability to develop and maintain productive business/peer relationships
Superb written and verbal communication skills
Experienced in developing and presenting recommendations to Senior Management

Nice To Haves

Advance coding ability in Python is nice to have but not required.
Graduate degree preferred or progressive work experience in addition to experience below

Responsibilities

Oversees portfolio credit risk on retail unsecured lending products, e.g. credit cards, personal loans, and overdraft.
Oversees the creation, implementation and validation of various risk segmentation strategies including, but not limited to: adjudication, exposure management, risk segmentation, financial return optimization, and risk appetite establishment.
Provides critical information, interpretative, and detailed analysis.
Deploys critical credit risk rational strategies that ensures the decisions are made within the TD risk appetite and adhere to all governmental requirements and guidelines.
Acts as the primary regulatory interface on risk issues and requirements for a key business segment of the Bank and assesses and provides direction for existing and new regulations.
Interfaces with teams beyond risk in a cross-functional manner.
Represents business on corporate initiatives and identifies key risks and implications and provides direction in complex situations.