Credit Risk Project Manager

WSN is looking to bring on a Credit Risk Project Manager for a consulting opportunity with our client, an investment bank, based in the NYC area.

Please see details below. No third-parties please.

Credit Risk - Project Manager - NYC (hybrid, 3 days onsite)

** MUST have PMO and counterparty credit risk/risk management experience

** MUST have credit risk management background and strong knowledge of financial products.

** MUST have strong controls background.

** MUST have strong PM skills.

Responsibilities:

• Manage, prioritize, and execute key deliverables
• Develop deep understanding of the program and its key deliverables/activities
• Drive adherence and updates to processes, procedures, and standards
• Assist with daily monitoring of credit risk limits & Reg O frameworks (includes interaction with systems; follow ups with key stakeholders), independently resolving or escalating issues and solutions as needed
• Develop qualitative and quantitative analysis; produce summary documents for agenda driven meetings; prepare the agenda and drive meetings as needed
• Coordinate the governance of regulatory required activities, where a team has ownership or oversight or coordination duties; proactively anticipating management needs
• Drive the design and delivery of technology projects, automation solutions, Proofs of Concept and jira drafting by describing requirements to technology partners, performing user testing
• Prepare and present templated and standardized reports that address specific management update needs (e.g., monthly program updates; Key Risk Indicators; quarterly reviews etc.)
• Oversee tracking and reporting of tasks requiring management updates
• Escalate findings in the BAU monitoring, providing suggestions and solutions for issue resolution
• Collaborate with team members, dedicated technology support, key stakeholders and broader risk organization to provide guidance on day-to-day deliverables
• Partner with business professionals, independent oversight and controls functions and provide inputs and support they require from the team and the credit risk limits framework
• Identify areas for control improvement; implement continuous improvements such as opportunities for automation, efficiency in process through rationalization of work
• Work effectively with IA, Compliance, etc. Prepare and address larger team-wide requirements such as ARCMs and CAPs.

Key Skills:

• 5-10 years’ experience in a financial services institution or in a corporate control function (where exposure to financial products and services and experience was gained)
• Credit Risk management and/or audit, regulatory or QA experience; strong understanding of risk management and controls frameworks
• Familiar with a range of traded products in wholesale lending and capital markets trading
• Experience working on and/or leading large cross functional programs, building independent relationships
• Track record of having participated in driving change (in time managed projects) and innovating in the risk and control space (responding to changes in business demands due to market changes or regulation change) in a collaborative way
• Experience with program/project management
• Strong technical skills (MS, Excel, Jira, PPT, etc.).
• Demonstrated ability to think strategically and analytically
• Strong organizational leadership and influencing skills, willing to learn
• Excellent verbal, presentation, written and interpersonal skills
• Ability to set and execute priorities with minimal supervision