Credit Policy Manager

About the role

We are seeking a strong risk leader to head our Credit Policy team, which is part of our Credit Policy and Governance team. This individual is a key credit risk leader and partners with the Executive Credit Officers and the business units.

Responsibilities

• Manage the credit policy framework and adherence to Enterprise policy standards
• Demonstrate expert knowledge of underwriting, monitoring and risk rating practices and application to varied portfolios
• Identify gaps or other issues and provide recommendations for proposed policy revisions to appropriately enhance the policy framework while ensuring continued strong risk management
• Manage policy changes to close gaps identified by internal audit, external audit or bank regulators
• Coordinate stakeholders across functional roles to reach consensus
• Manage communications with the Executive Credit Officers and business lines regarding upcoming policy changes, reviews, and regulatory changes
• Understand and assess the impact of potential credit policy changes across various portfolios through research and analysis of credit data and trends related to policy risk topics
• Preserve and improve the efficiency and effectiveness of policy and the policy management workflow system through oversight of key process indicators
• Lead the progressive development of the bank’s credit policy structure to ensure alignment with peers and regulatory expectations and requirements
• Coordinate internal and external exams of the credit policy management function
• Partner with credit and business lines to prepare and remediate regulatory findings in key exams (e.g., the Shared National Credit exam)

Requirements

• Bachelor's or advanced degree, or equivalent work experience
• Typically more than 12 years of applicable experience

Qualifications

• Expert knowledge of credit policy, underwriting, and commercial and consumer risk rating practices, including prudent assessment of metrics such as FCC, DRC, liquidity, leverage, etc.
• Knowledge of applicable laws, regulations, financial services best practices, and regulatory trends that impact credit risk and lines of business/portfolios
• Strong understanding of the business lines’ operations, products/services, systems, and associated risks and controls
• Strong process facilitation, project management, and analytical skills
• Strong analytical, problem solving, and negotiation skills
• Strong leadership, executive presence and communication (written and verbal communication) skills
• Demonstrated organizational strategy and talent development skills
• Excellent attention to detail and ability to connect concepts across teams/policies
• Knowledge of Risk/Compliance/Audit standards
• Business acumen and credibility necessary to help business line(s) proactively identify and address changing workforce needs
• Strong knowledge of controls and governance expectations