Portfolio Risk Oversight VP

Accountabilities

• Monitoring the financial performance and risk profile of the entire lending portfolio, including individual borrowers, sectors, and geographic regions.
• Analysis of credit trends, identifying early warning signs of potential borrower issues, and assessing the impact of economic and market developments on the portfolio.
• Development and utilization of quantitative models and risk forecasting tools to measure and predict potential credit losses.
• Performance of portfolio stress testing exercises to assess the impact of various economic and market scenarios on the portfolio's risk profile.
• Definition and setting of portfolio, segment and customer risk appetite, policy and limits. Oversight of first line execution within these parameters.

Other Highly Valued Skills

• Experience with Mandate & Scale or Risk Appetite frameworks
• Exposure to climate risk analysis or scenario integration
• Knowledge of US consumer lending portfolios (cards, unsecured lending)
• Experience interacting with senior governance forums / committees

Expectations

• To contribute or set strategy, drive requirements and make recommendations for change.
• To plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, to define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes.
• To lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard.