What are the responsibilities and job description for the Risk Group Manager position at KMC?
Key Responsibilities :
- Design, develop and maintain KMRF's Risk Management Framework
- Assist VP-Risk or Chief Risk Officer in developing and refining Credit Risk strategies and initiatives.
- Analyze and assess risk factors associated with loan origination and financial operations.
- Work closely with cross-functional teams, including Finance and Planning Analysts, underwriters, funders, sales & marketing teams, and domain experts.
- Collaborate with the statistical modeler to develop and refine risk models.
- Work closely with underwriters to implement risk mitigation strategies and ensure effective risk management.
- Monitor and evaluate the performance of risk models and make necessary adjustments.
- Interact with administrators of Decision Systems of KMRF to implement credit policies and Risk controls.
- Prepare detailed risk assessment reports and present findings to senior management.
- Provide data-driven insights that inform strategic decisions and drive business growth.
- Conduct stress testing and scenario analysis to evaluate potential impacts on the company's financial health.
- Recommend optimal level of automation strategies that balance risk and efficiency.
- Stay updated on industry trends, regulatory changes, and best practices in risk management.
- Utilize Loan Origination Systems (LOS) to process and manage funding transactions.
- Ensure compliance with company policies, regulatory requirements, and industry standards.
- Provide recommendations for improving risk management processes and enhancing overall risk awareness within the company.
- Mentor junior team members and contribute to knowledge-sharing sessions.
- Prepare comprehensive reports for executive management and the Board, analyzing lending trends and market conditions.
- Ensure adherence to all relevant regulations and internal policies.
- Collaborate closely with Legal and Compliance teams to maintain high standards and stay abreast of regulatory changes and industry best practices.
- All other job duties as assigned.
Qualifications :
Profile Differentiators :
Salary Range :
120,000 - $140,000 annually, based on experience and qualifications.
Equal Opportunity :
KMRF is an Equal Opportunity Employer; employment with KMRF is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin / ethnicity, veteran status, disability status, age, sexual orientation, gender identity, marital status, mental or physical disability or any other legally protected status.
Salary : $120,000 - $140,000
