What are the responsibilities and job description for the Consumer Lending Risk Manager position at Global Credit Union?

Overview

Reports to: Senior Vice President, Consumer Lending Operations

Functions Supervised: None

Primary Functions: Responsible for oversight and coordination of Compliance, Documentation, Quality Control, Vendor Oversight, and Training teams for all Consumer Lending departments (lending departments include consumer loan origination, servicing, and collection teams).

Duties and Responsibilities:

Responsible for the direct supervision of Consumer Lending Quality Control Manager, Consumer Lending Training Manager, and Consumer Lending Compliance Manager, focusing on clearly identifying their purpose, direction, motivation, and development.

Ensure adherence to credit union, state, and federal regulator mandates within all Consumer Lending departments and teams by embodying a top-to-bottom commitment to compliance culture in all lending and servicing teams.

Provide support and assistance to Executive management in strategic planning for the consumer lending business line, with specific emphasis on developing compliance oversight and training functions to effectively manage risk.

Identify and review regulatory changes related to Consumer Lending business line functions and as necessary propose and facilitate changes to related policies, procedures, and practices. Responsible for reviewing and recommending changes to business line processes to ensure adequate controls are in place to reduce risk of employee errors and oversights.

Responsible for completion and submission of business line risk assessments as directed by Enterprise Risk Management.

Responsible for all business line quality control reviews, ensuring review timeliness, accuracy, and adherence to established credit union policy, procedures, practices, and internal controls.

Responsible for documentation of business line policies, procedures, practices, and correspondence to comply with Board and regulatory requirements.

Responsible for business line vendor oversight; focusing on periodic transactional and account reviews to ensure compliance with contract terms, vendor expectations, and credit union expectations.

Responsible for timely completion, review, and submission of federally mandated quarterly and annual reporting.

Responsible for the development of a training program designed to enhance the business line's overall compliance and risk management program, while providing adequate employee development and guidance.

Act as the primary coordinator and manager for all internal and external audits, to include audits conducted by the credit union's federal regulators.

Perform other duties as assigned.

Qualifications

Education: Bachelor's degree in Business Administration, Finance, or related field.

Creditable Experience in Lieu of Education: Ten years of experience in consumer lending, collections, and servicing fields or commensurate experience with the credit union relating to policy/procedure development and compliance/risk administration.

Experience/Skills: Minimum ten years of progressive experience in compliance, risk, and policy administration related to consumer, credit card and/or real estate lending, collections, and servicing fields. Demonstrated proficiency in managing large/complex projects. Ability to read, analyze, and interpret the meaning of written information (e.g., legal documents, government regulations, and professional publications) and apply it to existing processes to make timely informed decisions considering the relevant facts, goals, constraints, and risks. Proven track record of working well with and influencing peers, as well as members of a senior management team. Requires excellent organizational skills with strong verbal and written communication skills.

Tenure: Not Applicable

Compensation

Consumer Lending Risk Manager (Category 05)

Salary Pay Range: $109,361 - $191,554 annually. Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above.

In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.

Benefits

Short-term and long-term incentives
Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
401(k) plan with a 5% match
Employee Assistance Program (EAP)
Life and disability coverage
Voluntary cash benefits for accident, hospitalization and critical illness
Tuition Reimbursement
Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
Click here to view Global’s comprehensive Benefits Programs

Equal Opportunity Employer

Salary : $109,361 - $191,554

Apply for this job

Receive alerts for other Consumer Lending Risk Manager job openings

Consumer Lending Risk Manager

What are the responsibilities and job description for the Consumer Lending Risk Manager position at Global Credit Union?

Overview

Qualifications

Compensation

Benefits

What is the career path for a Consumer Lending Risk Manager?

Job openings at Global Credit Union

Not the job you're looking for? Here are some other Consumer Lending Risk Manager jobs in the Anchorage, AK area that may be a better fit.

We don't have any other Consumer Lending Risk Manager jobs in the Anchorage, AK area right now.

AI Assistant is available now!