Senior Credit Risk Review Manager I-Virtual
About The Position
The Senior Credit Risk Review Manager is responsible for managing the development, execution, and leadership of the Credit Risk Review (CRR) Continuous Review program for assigned CRR teams and/or lines of business. The program independently evaluates credit risk management processes across the Bancorp, including risk identification and rating, underwriting, new originations, borrower selection, portfolio management, compliance with policies and applicable laws and regulations, problem asset administration, loan impairments and charge-offs. It also assesses credit quality and trends by portfolio, industry sector, and product, and identifies emerging risks. The role analyzes complex Commercial borrowers and portfolios, leads continuous review activities, evaluates risk ratings and accrual status, and communicates findings and recommendations to business leaders and other stakeholders. It collaborates with the first and second lines of defense, executive management, regulators, external auditors, Internal Audit, and other Risk functions. The position also contributes to CRR planning, quality assurance, process improvement, special projects, recruiting, and—where applicable—employee development and succession planning. The position requires a bachelor’s degree in a business-related field and at least 12 years of lending and/or credit-related experience, including at least 7 years managing or leading employees in project-management assignments. A relevant graduate degree and Credit Risk Review, loan review, or regulatory agency managerial experience are preferred. The role is listed as virtual in Ohio. The stated annual base pay range is $121,900–$262,100, with eligibility for incentive compensation. The company describes its benefits programs as supporting employees’ physical, financial, emotional, and social well-being, but does not list specific benefits in this posting.
Requirements
- Bachelor’s degree in a business-related field.
- At least 12 years of lending and/or credit-related experience.
- At least 7 years managing or leading employees in project-management assignments.
- Advanced understanding and technical proficiency in lending and credit risk topics, policies, procedures, regulatory matters, and risk monitoring and mitigation.
- Ability to analyze highly complex Commercial borrowers and portfolios and support conclusions.
- Leadership, interpersonal, analytical, verbal communication, and written communication skills.
- Sound judgment and a positive business presence when working with executives, senior leaders, regulators, auditors, business personnel, and peers.
- Strong project management and presentation skills, including the ability to synthesize data quickly and reach accurate conclusions.
- Ability to interpret data from applications and database tools, draw high-level conclusions, and determine appropriate actions.
- Strong influencing and negotiation skills.
- Proficiency in MS Word, MS Excel, MS PowerPoint, and related PC applications.
Nice To Haves
- Graduate degree in Business, Finance, Economics, or a relevant field.
- Credit Risk Review, similar loan review, or regulatory agency managerial experience.
Responsibilities
- Manage the development, execution, and leadership of the CRR Continuous Review program for assigned teams and/or lines of business.
- Evaluate credit risk management processes, including risk identification and ratings, underwriting, originations, borrower selection, portfolio management, policy and regulatory compliance, problem asset administration, impairments, and charge-offs.
- Review portfolio, industry-sector, and product credit quality and trends, and identify emerging risks.
- Maintain advanced knowledge of lending, credit risk, risk frameworks, bank policies, regulatory issues, sound lending practices, and risk monitoring and mitigation.
- Analyze highly complex Commercial borrowers and portfolios and support conclusions with appropriate analysis.
- Establish annual goals and risk-based business plans with CRR leadership, monitor progress, address variances, and help keep CRR procedures current.
- Complete or oversee continuous reviews for assigned Commercial portfolios and lead or participate in horizontal, targeted, and other portfolio reviews.
- Present CRR activities and results to executive management, senior leaders, regulators, auditors, and business personnel; prepare and disseminate quarterly and annual summaries and annual portfolio risk assessments.
- Maintain an understanding of assigned business strategies, risk considerations, portfolio trends, open issues, and aggregate portfolio risk; attend relevant committee, portfolio, problem asset, and business controls meetings.
- Challenge and advise business leaders on risk ratings, credit risk practices, emerging risks, credit quality trends, strategies, policies, organizational design, and staffing expertise.
- Work consultatively with the first and second lines of defense, communicate review results, and publish clear reports with issues, observations, and recommendations as appropriate.
- Track open CRR issues, observations, and recommendations; obtain action plans addressing root causes and risk; and help resolve matters requiring attention and issues assigned to CRR.
- For Commercial roles, review risk ratings and accrual status using bank policies, risk-rating models, and definitions; communicate rating changes and escalate unresolved disagreements.
- Conduct quality assurance activities, including challenge meetings and secondary reviews of work papers, and contribute to the quality assurance program and recommendations for improvement.
- Recommend process improvements, benchmark peer institutions, and incorporate appropriate practices into CRR procedures.
- Share findings and emerging risks with Internal Audit and other Risk functions and coordinate work to support appropriate coverage and independent oversight.
- Lead or participate in due-diligence reviews of potential acquisitions and other special projects as requested.
- Recruit qualified candidates and maintain a pipeline of potential talent; for employee manager roles, maintain succession plans for critical CRR positions under supervision.
- For roles with direct reports, develop and manage employees, set performance and development goals, provide timely feedback and training opportunities, support career growth, and recognize accomplishments.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
