Consumer Credit Risk Review Manager I

About the role

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Responsibilities

• Manage the development and execution of the Credit Risk Review (CRR) Continuous Review program for assigned Consumer line of business unit(s).
• Evaluate the accuracy and effectiveness of credit risk management processes through assessments of risk identification/rating, underwriting, new originations, and portfolio management practices; compliance with Bancorp loan policies, procedures and applicable laws and regulations; problem asset administration and loan impairments/charge-offs; review of credit quality and related trends on a portfolio, industry sector and/or product basis; and identification of emerging risks.
• Attend regular meetings with first and second line senior business leaders and personnel.
• Display an understanding and technical proficiency in all pertinent lending and credit risk topics, Bank policies and procedures, and risk monitoring and mitigation practices for assigned areas of responsibility.
• Maintain awareness of general economic conditions, industry trends and product specific issues.
• Assist in ensuring CRR procedures remain current and correctly reflect actual/desired practices.
• Complete all aspects of required continuous review activities for assigned portfolios with limited supervision and in accordance with CRR procedures, deadlines and performance/financial plan objectives.
• Manage and participate in horizontal, targeted and other portfolio review activities.
• Act as a resource and aid in the development of more junior CRR team members.
• Present CRR activities and results (as required) at regular meetings with first and second line senior leaders and personnel.
• Complete or assist in the preparation and dissemination of all related and required quarterly/annual summaries of results in an accurate timely manner, including an annual assessment of credit risk for assigned portfolios.
• Identify, elevate and promptly address variances to plan.
• Effectively challenge and provide consultative advice to first and second line business leaders and personnel on risk ratings, credit risk management practices, policies and procedures, emerging risks, borrower/portfolio credit quality trends and/or business strategies.
• Work in a balanced and consultative manner with the first and second lines of defense to develop positive working relationships and to provide feedback on the results of continuous review activities.
• Ensure the timely socialization and publication of concise and well-written reports that summarize review results, meet the information needs of report recipients, and include issues, observations and recommendations for improvement (as appropriate).
• Manage open CRR issues, observations and recommendations under assigned areas of responsibility.
• Solicit appropriate action plans and responses from responsible management that address root causes, resolve CRR’s concerns and mitigate the overall risk to the Bancorp.
• Absorb and disseminate review findings and emerging risks with Internal Audit and other Risk functions to ensure appropriate coverages and independent oversight of credit risk management processes across the Bancorp.
• Participate in due-diligence reviews of potential Bank acquisitions and other special projects as requested.
• Assist in recruiting qualified candidates to fill open positions in CRR.

Requirements

• Bachelor's degree in a business related field.
• Graduate degree in relevant field (Business, Finance or Economics) preferred.
• Minimum of 5-7 years lending and/or credit related experience.
• Possess sound leadership, interpersonal, analytical and verbal/written communications skills.
• Ability to display a positive business presence and exercise sound judgment when interfacing with senior leaders, regulators, external auditors, first and second line business personnel and peers.
• Demonstrated ability to understand and interpret data from various applications and database tools, draw high-level conclusions and determine actions needed (Consumer roles).
• Proficient in MS-Word, MS-Excel and other related PC applications.

Qualifications

• Display an understanding and technical proficiency in all pertinent lending and credit risk topics, Bank policies and procedures, and risk monitoring and mitigation practices for assigned areas of responsibility.
• Maintain awareness of general economic conditions, industry trends and product specific issues.
• Display a working knowledge of pertinent regulatory issues and sound lending practices and their relative impact on credit risk.
• Identify, elevate and promptly address variances to plan.
• Effectively challenge and provide consultative advice to first and second line business leaders and personnel on risk ratings, credit risk management practices, policies and procedures, emerging risks, borrower/portfolio credit quality trends and/or business strategies.
• Work in a balanced and consultative manner with the first and second lines of defense to develop positive working relationships and to provide feedback on the results of continuous review activities.
• Ensure the timely socialization and publication of concise and well-written reports that summarize review results, meet the information needs of report recipients, and include issues, observations and recommendations for improvement (as appropriate).
• Manage open CRR issues, observations and recommendations under assigned areas of responsibility.
• Solicit appropriate action plans and responses from responsible management that address root causes, resolve CRR’s concerns and mitigate the overall risk to the Bancorp.
• Absorb and disseminate review findings and emerging risks with Internal Audit and other Risk functions to ensure appropriate coverages and independent oversight of credit risk management processes across the Bancorp.
• Participate in due-diligence reviews of potential Bank acquisitions and other special projects as requested.
• Assist in recruiting qualified candidates to fill open positions in CRR.

Skills

• Understanding and technical proficiency in lending and credit risk topics, Bank policies and procedures, and risk monitoring and mitigation practices.
• Sound leadership, interpersonal, analytical and verbal/written communications skills.
• Positive business presence and sound judgment when interfacing with senior leaders, regulators, external auditors, first and second line business personnel and peers.
• Ability to understand and interpret data from various applications and database tools, draw high-level conclusions and determine actions needed.
• Proficiency in MS-Word, MS-Excel and other related PC applications.

Benefits

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

Pay

Total Base Pay Range: $82,100.00 - $172,500.00 USD Annually

Schedule

Virtual, Ohio 00000