Credit Risk Reporting Lead

About the role

The role involves work with a variety of business units and control groups across the organization. The Regulatory submissions and responses prepared by the team are critical for the ability of the Firm to continue operations.

Responsibilities

• Manage Bank projects involving cross-functional teams across operations, technology, finance, legal, compliance and revenue-generating business teams - through all stages of a project/program lifecycle from inception to planning and execution to testing to go-live.
• Manage large technology initiatives to deliver end to end solutions across multiple technology teams.
• Communicate the impact of these projects to senior managers, businesses, risk departments and other key stakeholders.
• Implement effective project governance, including planning, project risk management strategies and meeting cadence.
• Drive appropriate change management rigor across the functional and technical workstreams (including all core competencies - issue/risk management, financial management, interdependency management, stakeholder/engagement management, schedule/milestone management, etc.).

Requirements

• Managing the workflow of their employees, creating team schedules and delegating tasks.
• Assessing the work performance of their employees and identifying areas that need improvement.
• Training and onboarding new hires to make sure they understand their roles.
• Sets goals for workers and makes sure they comply with the CNB’s plans and vision.
• Document current reporting to ensure transparency in the current reporting framework.
• Evaluate and improve the design of reports in existence, through a centralized process and data flow.
• Improve access to and quality of data used.
• Perform analytical review on reporting outputs to understand changes in portfolio composition and identify errors or omissions.
• Develop, analyze, and justify assumptions and calculations to ensure transparency throughout the bank incorporating regulatory guidance.
• Work collaboratively with Commercial and Consumer Lines of Business, Risk Management, the Enterprise Data Office, and Regulators.
• Ensure that schedule changes are well communicated, approach is consistent, and issues are escalated as appropriate to the Regulatory Reporting Disclosure Committee.
• Provide meaningful assessments of IT control environments impacted by financial, risk, and regulatory reporting.
• Facilitate group-wide training to interested and impacted stakeholders.
• Collaborate with the teams who design, develop, implement, document, and maintain new reporting processes to improve the quality, transparency, and consistency of the data reported.
• Develop relationships with the appropriate levels of management for process improvement ideas, issue identification, and resolution.

Qualifications

• Bachelor's Degree or equivalent 15 years’ experience in finance or credit risk in the banking industry.
• Master’s Degree preferred.
• Experience working on the FR Y-14M and FR Y-14Q and having in-depth understanding of CCAR reporting.
• Experience working and effectively collaborating with finance, risk, operations and technology teams.
• Background and experience with credit risk and/or operational risk.
• Operational savvy as well as an action-oriented individual who continually strives for improvement.
• Excellent written and verbal communication and interpersonal skills.
• Broad understanding of Capital Markets, Retail Banking, and Wealth Management.
• Familiarity with operational and support environment issues.
• Results driven and self-motivated individual with demonstrated ability to improve operational processes and operate in a team environment.
• Sound problem solving skills, including the ability to identify obstacles or issues and work independently to develop and propose flexible solutions.
• In-depth understanding of regulatory expectations on Enhanced Prudential Standards and Supervisory Expectations and a Range of Current Practices on capital planning and adequacy and the ability to apply those standards using quantitative and qualitative methods.
• Demonstrated ability to organize and present complex topics and analysis in a clear and concise manner (written and verbal).
• Demonstrated ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks.
• Demonstrated financial analysis, quantitative, conceptual, risk assessment, and analytic skills.
• Demonstrated ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks.
• Sound judgement as well as apply logical/critical thought processes.
• 15-20 years of total work experience, with 10-15 years of management experience, preferred.

Benefits and Perks

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement

Pay

Starting base salary: $120,000 - $200,000. Exact compensation may vary based on skills, experience, and location.

Schedule

Not specified.