Credit Risk Assessment Vice President

Job Overview

We are in search of a strategic and analytical leader to take on the role of Vice President of Credit Risk Assessment. This position is pivotal in enforcing robust risk management protocols, delivering data-driven insights, and implementing sophisticated analytics to guide lending decisions. Ideal candidates will possess extensive knowledge in credit risk modeling, financial forecasting, and regulatory compliance, while also demonstrating effective leadership and a collaborative spirit across various functions.

Key Responsibilities

• Spearhead the development and implementation of advanced analytics to bolster credit risk assessment.
• Formulate strategies for the enhancement and maintenance of quantitative models regarding risk forecasting, portfolio performance, and member behavior.
• Supervise modeling initiatives for the Allowance for Credit Losses, ensuring adherence to auditing and regulatory standards.
• Collaborate with Lending and Finance departments in support of capital planning and stress testing strategies.
• Maintain a rigorous internal control framework that aligns with risk tolerances and industry benchmarks.
• Direct strategic projects linked to credit risk, lending, and overall financial performance.
• Provide governance and oversight for the mathematical and statistical models utilized in risk assessment and financial forecasting.
• Identify and advocate for process efficiencies, technological advancements, and business growth through data-driven insights.
• Act as a strategic advisor to senior leadership, delivering analytical assessments and recommendations regarding financial and market trends.
• Engage with internal and external partners, such as auditors and regulatory bodies, to refine risk management procedures.
• Mentor and lead a team of risk management specialists, nurturing a culture of innovation, accountability, and continuous improvement.
• Ensure compliance with all applicable federal and state regulations.
  
  

Required Skills

• Extensive background in credit risk modeling, statistical analysis, and financial forecasting within a financial services context.
• Profound understanding of risk management methodologies, regulatory standards, and compliance related to consumer lending.
• Expertise in financial modeling, asset/liability management, budgeting, and cost analysis.
• Strong proficiency in data analytics, business intelligence, and predictive modeling techniques.
• Proven capability to lead cross-functional teams and manage intricate, high-impact projects.
• Proficiency in Microsoft Office Suite, particularly Excel, Word, and PowerPoint.
• Exceptional problem-solving abilities, critical thinking skills, and decision-making prowess.
• Excellent verbal and written communication skills, with a proven track record of influencing senior stakeholders.
• Ability to thrive in fast-paced environments while effectively managing multiple priorities.
  
  

Qualifications

• Extensive experience in credit risk modeling, statistical analysis, and financial forecasting within a financial services organization.
• In-depth knowledge of risk management methodologies, regulatory requirements, and compliance standards.
• Preferred: PhD in Finance, Statistics, or a related discipline.
  
  

Career Growth Opportunities

This role presents remarkable opportunities for professional advancement, as you will lead and mentor a team while actively influencing strategic decisions that shape our credit risk approach.

Company Culture and Values

We are committed to fostering a culture of innovation, accountability, and continuous improvement, emphasizing collaboration across teams to cultivate a robust risk management environment.

Networking and Professional Opportunities

Joining our organization provides invaluable networking opportunities and avenues for skill development, enabling you to collaborate with accomplished professionals in the financial sector, enhancing your career trajectory.

Employment Type: Full-Time