What are the responsibilities and job description for the Risk Management Specialist position at Webster Bank?
Company Overview
We are Webster Bank, a leading commercial bank with a passion for serving our clients and supporting our communities. Founded in 1935, we have always put people first, doing whatever it takes to help individuals, families, businesses, and our colleagues achieve their financial goals. Our values of Integrity, Collaboration, Accountability, Agility, Respect, and Excellence set us apart as a bank and as an employer.
About the Role
This is an exciting opportunity to join our team as a Credit Risk Management specialist. As a key member of our Credit Risk organization, you will play a critical role in maturing our risk management practices and meeting heightened regulatory expectations.
Key Responsibilities
- Assist Credit Risk Management leadership in creating 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.