Senior Credit Risk Review Director

Western Alliance Bank•Scottsdale, AZ

1d•Onsite

About The Position

As a Credit Risk Review Senior Director, you will plan and execute multiple credit assurance, advisory, and oversight services for the Bank’s second line of defense responsible for the management of credit risk, known as the Credit Risk and Review Group. You will provide credit assurance and advisory services with respect to all credit risk processes and related regulatory expectations, as well as matters involving new policy formulation, policy revisions, credit grading, specific loan loss reserves, and new business initiatives. A key responsibility is to interact with lines of business leaders, regulatory agencies, and internal/external auditors to ensure an effective, risk-focused function and adequate depth/breadth of coverage. Our Credit Risk review Directors demonstrate an excellent knowledge of regulatory requirements and expectations pertaining to credit risk management. You will be responsible for supporting the Credit Risk Review team in building and maintaining a cohesive and cooperative culture within the Credit Risk & Review Group. You will source and develop depth of talent and expertise within the team, which supports succession and sustainability of well-defined processes. You will formulate and maintain departmental policy and procedure manuals, as well as a variety of management-level reports. You will ensure the financial soundness of the Bank by identifying, assessing, and escalating credit risk to the Head of Credit Risk & Review Group and other key stakeholders. You will execute and lead a dedicated team’s execution of continuous quarterly credit file examination activities and/or credit process review engagements. You will execute and lead a coverage team’s execution of quarterly analyses of the credit quality trends of the loan portfolios of assigned reviewable business units or risk segments. You will perform proper risk-based sampling techniques for scoping continuous file reviews and process reviews; determine the need for expanding scope and adjusting exam procedures, as appropriate; guide less experienced reviewers in determining the accuracy of assigned risk ratings and analyzing borrower risk attributes and risk factors; review the work papers of other Credit Risk Review Officers; and provide constructive feedback as required. You will properly evaluate changes or weaknesses within Credit Administration processes or policies and effectively inspire line management and Credit Administration to acknowledge issues and operate with an appropriate sense of urgency and focus on their timely clearing of identified deficiencies. You will lead and develop a team, being responsible for hiring, coaching, performance management, training, and development.

Requirements

12+ years of related experience in Risk Management, Credit Risk & Review.
Bachelor's degree in a related field required.
Previous leadership experience required.
Expert knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Expert knowledge of accounting, financial statements and tax returns, and cash flow analyses.
Highly refined ability to make insightful comments relating to a borrower’s current and prospective credit risk profile.
Expert analytical and problem-solving skills.
Ability to understand business and industry concepts to develop and suggest intelligent, viable solutions to problems.
Expert speaking and writing communication skills.
Occasional travel required.

Nice To Haves

Masters or MBA in a related field preferred.

Responsibilities

Plan and execute multiple credit assurance, advisory, and oversight services for the Credit Risk and Review Group.
Provide credit assurance and advisory services regarding credit risk processes, regulatory expectations, new policy formulation, policy revisions, credit grading, loan loss reserves, and new business initiatives.
Interact with lines of business leaders, regulatory agencies, and internal/external auditors.
Support the Credit Risk Review team in building and maintaining a cohesive and cooperative culture.
Source and develop talent and expertise within the team.
Formulate and maintain departmental policy and procedure manuals and management-level reports.
Identify, assess, and escalate credit risk to key stakeholders.
Execute and lead a team's execution of continuous quarterly credit file examination and/or credit process review engagements.
Execute and lead a coverage team’s analysis of credit quality trends of loan portfolios.
Perform risk-based sampling for scoping reviews, determine scope expansion needs, and adjust exam procedures.
Guide less experienced reviewers in assessing risk ratings and analyzing borrower risk attributes.
Review work papers of other Credit Risk Review Officers and provide feedback.
Evaluate changes or weaknesses in Credit Administration processes or policies and inspire management to address issues.
Lead and develop a team, including hiring, coaching, performance management, training, and development.