Demo

Manager, Credit Risk Management

Webster Bank
Southington, CT Full Time
POSTED ON 2/25/2025
AVAILABLE BEFORE 5/25/2025

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people firstdoing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The purpose of this role is to mature our Risk Management practices and meet heightened regulatory expectations. This role will run the Issue Management process for Credit Risk Management. They will manage the remediation off all open issues, assist management in creating new Self-Identified issues, and come up with sustainable action plans to address the root cause for new issues noted.

Key Responsibilities

  • Assist Credit Risk Management leadership in the creation of self-identified issues
  • Monitor the portfolio of open issues and ensure timely remediation by Issue Owners
  • Create Remediation Plans that address the root cause of issues noted, in a sustainable way
  • Provide effective challenge around the FLUs Issue Management process
  • Deliver ongoing communication and education to the Credit Risk organization
  • Assist in the development of the Credit Risk Management Program
  • Identify and implement continuous improvement opportunities

Experience

The ideal candidate will have the following :

  • 6 years of experience in Risk or Audit functions, preferably in a banking environment
  • Ability to plainly describe risk concepts to a variety of audiences
  • Proven execution and leadership in a dynamic environment with competing priorities
  • Curious nature with passion for process improvement
  • Detail oriented with strong project management / organizational skills
  • Self-motivated with minimal oversight
  • The estimated base salary range for this position is $102,000 USD to $125,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

    LI-JS1

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

    Salary : $102,000 - $125,000

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