ACL & Credit Portfolio Officer

Position Function

Primarily responsible for leading activities in credit loss forecasting and allowance for credit losses (ACL), analyzing/reporting portfolio performance, monitoring for emerging credit risk, and synthesizing/incorporating market and economic trends. This includes periodically analyzing delinquency, nonaccrual, and charge-off data against current ACL coverage ratios for adequacy determination; assessing changes in loan portfolio risk characteristics; continuously enhancing evaluation metrics for the loan portfolio; and preparing well-supported documentation on risk component calculations and analyses, including performing timely, accurate and robust control testing procedures. Ensures the accuracy, efficiency, and transparency of credit loss reserves while enhancing data-driven reporting and decision-making. This role works closely with finance, credit, risk, and technology teams to enhance and streamline reserve methodologies, improve reporting processes, and drive automation initiatives.

Primary Accountabilities

• Execute CECL models on a recurring basis, including data preparation, model runs, validation checks, and reconciliation to source systems.
• Calculate and analyze credit risk reserves across diverse loan portfolios, ensuring alignment with accounting standards.
• Develop and maintain reserve forecasting models, stress-testing frameworks, and scenario analyses.
• Identify key drivers of reserve changes, trends in portfolio performance, and emerging credit risks.
• Utilize various data tools to perform risk, financial and data analyses including profiling, sampling, forecasting and due diligence.
• Work collaboratively with other team members to create monthly and quarterly loan reporting; identify, investigate, and work to resolve issues relative to integrity of data extracts.
• Continuously enhancing evaluation metrics and reporting tools for the loan portfolio.
• Prepare credit risk management reports/presentations for senior management that include analytics on asset quality, concentration and diversification, expected portfolio performance and areas of potential risk and/or opportunity.
• Assist Management and lending units in identifying, assessing, and mitigating risks.
• Prepare well-supported documentation on forecast methodology and assumption decisions.
• Aids in the review and update of the ACL Committee charter, policies & procedures.
• Ensures that the bank is in compliance with regulatory risk management requirements and directives.
• Performs accurately and timely SOX controls and periodic testing.
• Supports continuous improvement and other initiatives.

Minimum Qualifications

• Education: Bachelor’s Degree from an accredited 4-year university, preferably in Accounting, Finance, Economics, Statistics, Mathematics, or a related field required.
• Experience: 5+ years of banking experience, with a preference in credit risk, forecasting, accounting, and/or loan portfolio reporting required.