Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Credit Risk Officer

Expired Job

The Panther Group New York City , NY 10017

Posted 3 months ago

Credit Risk Officer

Job Summary

This position is required to interact with all lending areas at the bank, to opine on the acceptability of specific credit requests, to use one s experience and background to assist the individual business units management and staff in targeting acceptable credit risks and underwriting practices. Generally, a Credit Risk Officers concurrence with any given loan request will be a requirement.
Job Description

For all credit granting business units determined to fall under the credit risk departments responsibility (as determined by Senior Management and/or Credit Policy) the CRO will:
Provide an opinion on the acceptability of any credit proposal which meets the threshold for CRO review per loan policy. For credits requiring Credit Committee approval this is to be a written opinion which outlines the basis for the recommendation. Recommendations can be to support or decline and may carry conditions.
Opine on the accuracy of the risk rating on all credits presented to a CRO for review.
Provide guidance to the account officer and business unit management for all prospective credit requests. Guidance to include feedback on creditworthiness, loan structuring, compliance with bank policy and assessing the completeness and accuracy of the credit underwriting. This guidance is to come in conjunction with that of the business unit management.
Identify all "at risk" credits (risk rated 6W or worse) and credits noted for Extra Attention in conjunction with the line officers and assure that they are properly reported at the quarterly watch list meetings. Specific guidance on action plans and remedial efforts is expected.
The CRO will monitor the portfolio performance of their assigned units for the below credit quality measures, when such information is available:
Weighted average risk ratings
Risk rating changes/migrations
Past dues
Non-accruals
Charge offs/recoveries
Expired and expiring lines
Overdrafts
Over lines and over advances
The CRO will provide input to management on the adequacy of the Bank's Credit Policy.
The CRO will provide input to business line management on the credit skills of line unit staff and when appropriate will offer training and/or guidance on credit related issues to the line unit staff.
The CRO will assist management in portfolio review activities as a special project if a specific concern arises.
The CRO is expected to remain current on financial and market trends which would impact the credit portfolios served as well as general credit risk issues in the industry.
Minimum Qualifications

Bachelor s degree from an accredited institution.
Minimum 10 years experience in a role of Commercial Credit granting.


See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Credit Risk Model Validation Senior Consultant

Crowe Horwath

Posted 1 week ago

VIEW JOBS 12/4/2018 12:00:00 AM 2019-03-04T00:00 Credit Risk Model Validation Senior Consultant Req #: 17105_1_1 Location: New York City, NY Job Category: Risk Consulting Job Summary Joining our Risk Consulting Financial Services practice is an opportunity to help make the world more honest, transparent, safe, and secure. From day one of your career, you will assist our clients to transform their governance, embed risk in their decision-making and maintain efficient compliance. We will enable an entrepreneurial and innovative environment for you to deliver transformative risk consulting services and to develop deeply specialized skill sets demanded in today's market. The Credit Risk Model Validation Manager will be responsible for performing and managing credit risk consulting projects for a variety of clients in the financial institutions industry. This primarily includes consulting with clients on credit related matters and providing model validation and model risk management related services. * Supervise, train and review the work of other consultants. * Manage key aspects of client service projects from planning to completion. * Become a trusted advisor to client management by providing appropriate recommendations and solutions. Able to make and sustain meaningful client relationships. * Support proposal and business development activities by identifying new target clients, building business relationships with key executives and developing/presenting proposals. * Handle other duties assigned by employer. Company Overview Your Journey at Crowe Starts Here: At Crowe, you have the opportunity to deliver innovative solutions to today's complex business issues. Crowe's accounting, consulting, and technology personnel are widely recognized for their in-depth expertise and understanding of sophisticated process frameworks and enabling technologies, along with their commitment to delivering measurable results that help clients build business value. Our focus on emerging technology solutions along with our commitment to internal career growth and exceptional client value has resulted in a firm that is routinely recognized as a "Best Place to Work." We are 75 years strong and still growing. Come grow with us! Qualifications * Bachelor's degree in Accounting, Finance, Mathematics, or Economics or equivalent combination of education and experience. * 4+ years' experience of working in financial institutions, Big 4 or equivalent or regulatory supervisory institutions. * Working knowledge of model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017). * Management and team leadership is a plus. * Working knowledge as a credit risk expert and experience with credit risk model types (i.e. – ALLL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc). * Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking. * Understanding of the credit risk associated with portfolios, such as commercial, commercial real estate, credit card, mortgage, and retail. * Understanding the unique components and behaviors of those portfolios noted above; processes, such as loan origination and underwriting; credit policies; portfolio management, allowance for loan and lease losses; loan review and remediation processes, such as loan origination and underwriting; credit policies; portfolio management, allowance for loan and lease losses; loan review and remediation. * A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions. * Write and present to clients clear and concise reports and presentations containing meaningful recommendations. * Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer. * Manages engagement to ensure quality and is delivered within budget. * Willingness to travel 60% or more annually. * Model validation engagements are frequently conducted off-site. Additional skills desired: * Solid analytical background and knowledge of econometrics. Knowledge of risk ratings, risk rating /scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus. * Experience or familiarity with statistical packages such as SAS, Matlab, Stata, and R. * Graduate degree a plus. * Professional certification a plus (i.e. – RMA CRC, CFA, FRM). * High level of comfort using technology. ABOUT THE TEAM: Risk Consulting is organized by both industry specializations (financial services, healthcare, public sector, GRC Technologies Integration and emerging industries) and solutions (anti-money laundering, regulatory and compliance, internal audit, cybersecurity, emerging global solutions, GRC Technologies and third party risk). Risk Consulting provides governance, risk and compliance expertise to keep clients advised of emerging trends, industry benchmarks and best practices. At Crowe, we strongly endorse an open door policy. Our partners are approachable and accessible across the entire organization. Our team-based culture encourages partners to be in touch with our professionals and active on client projects. The partners of our company lead by example and maintain a strong two-way channel of communication with their teams. We strive to create an environment that is relaxed, fun, dynamic and fulfilling. Our team-based culture has not only resulted in successful projects, but in long lasting friendships as well. Overall, our people find their career choices to be highly rewarding and fulfilling. HOW YOU CAN GROW: We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and dreams. Crowe (www.crowe.com) is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world. Visit Crowe.com and find out what it's like to work at one of the "50 Best Workplaces for New College Graduates." Crowe ranked seventh on this Fortune list, in addition to being named one of Fortune's "Top 100 Best Companies to Work For" and among Fortune's "20 Best Workplaces in Consulting & Professional Services". In these surveys, Crowe personnel attribute the following policies to making Crowe a great place to work: Innovation: Each year, Crowe invests about two percent of firm revenue in new product development funding to develop ideas brought forward by its people. Building upon a foundation of deep industry specialization, Crowe professionals follow a detailed innovation road map to create original, practical solutions that help address their clients' biggest challenges. This process allows them to see their ideas through from start to finish. Mobility strategy: Rolled out more than two years ago, this strategy defied the norm of the professional services industry. It allows Crowe personnel to work where they're most productive – whether that be the office, their home or elsewhere – and wear jeans while they're in the office. This policy continues to receive great reviews on annual internal employee engagement surveys. Benefits: The firm promotes healthy living through its internal well-being portal, which allows Crowe individuals to complete wellness activities – such as exercise challenges, healthy eating, doctor visits and mindful lifestyle changes – for gift cards and health insurance premium reductions. Additionally, on top of its healthcare and retirement programs, Crowe recently expanded its paid time off policies for military leave and all new parents. Community service: Recently acknowledged in the Fortune Best Workplaces for Giving Back list, the firm places a high priority on community service. In honor of the firm's 75th year, Crowe personnel not only achieved, but surpassed their goal of 75,000 hours of volunteering. We're proud to announce that we volunteered 82,000 hours – giving back to the communities where we live and work. That's the equivalent of 39 full-time employees at the nonprofits we served! In addition, Crowe has policies in place to align its charitable contributions with the volunteer efforts of its people. EOE M/F/D/V Crowe Horwath New York City NY

Credit Risk Officer

Expired Job

The Panther Group