Vice President - Credit Risk Review

ING•New York, NY

1d•Hybrid

About The Position

Collaboratively, execute effective, credible challenge to the credit risk management practices of 1st and 2nd Lines of Defense (LoD). Responsibilities are focused on individual obligor and portfolio reviews. Required NYC-Midtown presence on average 3 days per week.

Requirements

8+ years of experience with wholesale credit risk management.
Extensive experience with assignment of U.S. bank regulatory risk ratings.
Effective communication skills for presenting credit opinions and concerns challenging risk owners and managers.
Experience with one or more of the following industries / product types: Asset Based Lending, Asset Securitizations, Commercial Real Estate, Energy/Power, Funds Finance, Leveraged Lending, Mining, & Project Finance.
Experience effectively challenging decision makers.
A collaborative mindset with a focus on problem-solving and continuous improvement.
Education – Undergraduate Degree.

Nice To Haves

Bank regulator/examiner experience.
CRR team membership experience.
Data management aptitude.
Education – Graduate Degree or Chartered Financial Analyst Accreditation

Responsibilities

Balance collaborative engagement with 1st and 2nd LoD credit risk managers and effective, credible challenge of practices.
Willing and able to develop credit risk management opinions that appropriately and successfully challenge the status quo.
As SME, undertake Risk Assessments and Continuous Monitoring to review assigned portfolios, independently identifying the credit risk profile and anticipated changes, while also evaluating compliance with internal policies and regulatory expectations.
Develop and refine sector and/or product-type expertise and perspective to support credibility of the CRR challenge to 1st and 2nd LoD credit risk managers.
Execute Target Reviews/Examinations of individual obligors for alignment with bank credit risk standards including accurate and timely credit risk rating designations.
Initiate Issue Validation Reviews to evaluate the effectiveness of management’s remedial actions to address CRR-identified formal issues.
Consistently collaborate with CRR team members to reach balanced and well-informed judgments including potentially providing intra-team quality control.
Lead or assist with special projects as needed (e.g., CRR enhancement, credit risk postmortem, etc.).