Sheffield Risk Manager

Truist•Winston-Salem, NC

3d•Onsite

About The Position

Work within the Sheffield line of business risk team to provide expertise and support to team objectives. Help the line of business execute on the Dealer Performance Policy, Original Equipment Manufacturer (OEM) and Product Underwriting Policy. Provide support to the credit administration area and loan processing department.

Requirements

Bachelor's degree in Business or related field, or equivalent education and related training
Eight years of experience in a lending environment
Credit administration/operations skills with strong background in point of sale risk assessment, business development, sales, marketing, and credit management functions
Expertise in problem identification, analysis and resolution
Exceptional ability to make quick, but sound, decisions
Ability to work under pressure and meet deadlines
Flexible team player with a big picture view
Technical-minded
Demonstrated success in leading cross-functional teams
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Nice To Haves

Master's degree in Business or related field
Background in indirect lending or direct lending
Relevant industry and product knowledge
Graduate of a Banking School and/or a Leadership Development Program
Financial services or TRUIST experience

Responsibilities

Support the line of business risk initiatives as a risk resource. Work closely in the development of additional risk processes and controls, as needed.
Provide leadership, research and solutions regarding front-end coding requirements, process flow tied to Gold Track Express, scorecard changes and other risk initiatives.
Co-approve larger credits with the Sheffield Senior Credit Officer (SCO) and assist in the day-to-day sounding board for the Loan Processing Supervisors and Loan Processing Manager.
Provide general lending policy and procedure assistance. Work with risk team to monitor and execute the Dealer Performance Policy. Help meet the Credit Risk Review requirements for Dealer Performance Policy.
Provide support for the evaluation of operational risk in the front-end of the business and evaluate how front-end changes affect back-end processes.
Assist in the development of credit training and policies. Provide risk training to relevant business units in support of new and ongoing risk initiatives.
Provide analytical and intuitive feedback as to product guidelines and parameters based on performance study and industry data.
Develop and manage tracking processes related to dealer performance, escalation and reporting, as needed.
Pro-actively assess risk as it relates to dealer activity and develop ideas to add to the process and policy related to dealer management.
Advise on process flow and administration of system coding at the loan account and business partner levels.
Investigate and report dealer issues that increases risk exposure to Sheffield. Work with Senior Leadership Team on remediation efforts. Oversee the continued development of risk metrics associated with Sheffield's business client levels. Work with risk team to manage dealer/OEM/client/operational risk. Work with risk team to incorporate dealer issues into the Portfolio Risk and Review Committee.
Work with verification department to establish processes related to mitigating dealer performance issues.
Communicate reporting and monitoring needs to analytical area for Sheffield's business intelligence tools. Engage in programming requirement development. Work closely with TRUIST analytics and scorecard development team.
Provide underwriting support as needed for the risk team. Co-approve or underwrite larger credit requests according to lending authority policies.
Visit dealers to understand issues.
Work with outside legal resources, as needed, to support dealer performance initiatives and collection efforts for the legal area.
Assist risk team in the development of dealer underwriting process if applicable to the business. Assist risk team with the execution of business partner underwriting (OEM and Product Underwriting) policies.
Work closely with Compliance related to Bank Secrecy Act/Anti Money Laundering.
Prepare Best Common Practices (BCP) and business cases as needed.