Commercial Manager Jobs

About The Position

Requirements

• Bachelor’s degree.
• 10 years of relevant experience in commercial credit, commercial cards, commercial payments, financial services risk management, portfolio management, or a related field.

Nice To Haves

• Experience evaluating commercial credit risk using financial statement analysis, commercial bureau information, payment performance, and related credit data.
• Experience managing credit exposure, portfolio performance, operational controls, issue remediation, or regulatory and audit activities.
• Knowledge of commercial card and payment products, commercial credit practices, risk appetite, and applicable regulatory requirements.
• Ability to develop departmental plans, allocate resources, lead through complex issues, and influence senior business and risk stakeholders.
• Strong leadership, judgment, communication, negotiation, and decision-making skills.
• Experience leading credit or product risk management for corporate card, purchasing card, virtual card, integrated payables, merchant, or other commercial payment products.
• Experience managing risk across corporate, middle-market, and small-to-medium enterprise portfolios.
• Experience partnering with second-line Compliance, Credit Risk, Operational Risk, Legal, Audit, Collections, and regulatory-examination teams.
• Experience developing portfolio monitoring, early-warning, credit-line management, collection, or risk-control frameworks.
• Advanced degree or relevant professional certification in finance, accounting, credit, risk management, or a related discipline.

Responsibilities

• Lead multiple related teams responsible for commercial credit card and payment product risk management; set priorities, allocate resources, and establish performance expectations aligned with business objectives and departmental plans.
• Oversee creditworthiness evaluations for existing corporate, middle-market, and small-to-medium enterprise clients, including financial statement analysis, commercial bureau information, and guarantor or parent-company risk assessments.
• Establish and maintain practices for setting, monitoring, and adjusting credit limits, temporary credit increases, exposure thresholds, and spend controls in line with the bank’s risk appetite and credit authority.
• Direct portfolio monitoring, including review of delinquency trends, utilization, payment behavior, industry concentrations, emerging risks, and other indicators affecting portfolio performance.
• Translate applicable commercial card, billing, disclosure, consumer protection, and data-use requirements into operational controls in partnership with Compliance and other risk functions.
• Oversee early-intervention and collection strategies for emerging credit concerns, including communications with client treasury or expense-management contacts and decisions on account restrictions, freezes, exposure reductions, or restructurings.
• Identify and resolve complex credit, operational, and organizational problems by coordinating departmental resources and influencing business and risk leaders.
• Lead issue remediation and examination-readiness activities, including control-gap assessments, corrective-action planning, progress monitoring, audit and regulatory-examination support, and sustainable resolution of identified issues.
• Perform other duties as assigned.

Benefits

• Health insurance coverage
• Wellness program
• Life and disability insurance
• Retirement savings plan
• Paid leave programs
• Paid holidays
• Paid time off (PTO)
• Eligibility to participate in an applicable incentive compensation plan