Chief Risk Governance Officer

5 days ago


North Olmsted, Ohio, United States Community Savings Full time
Job Description

As a Chief Risk Governance Officer at Community Savings, you will play a critical role in overseeing the management of our loan portfolio, ensuring its soundness and adherence to bank policies and standards.

The successful candidate will have a strong background in credit risk management, with a proven track record of effectively managing large loan portfolios. They will possess a deep understanding of banking regulations and compliance requirements, including knowledge of the Allowance for Credit Loss (ACL) framework and Loan Loss Reserve policies.

Key Responsibilities
  • Oversee the management of our loan portfolio, ensuring its completeness, soundness, and adherence to bank policies and standards.
  • Prepare and discuss loan information submitted to the Board of Directors for approval, including the calculation of the ACL, graded loan reports, and other loan quality information and trends.
  • Develop and maintain knowledge of financial industry trends, economy, market conditions, rates, vendors, and competition.
  • Consistently apply good decision-making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures.
Requirements
  • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
  • Minimum 10 years of experience in credit, lending, or financial risk management, preferably within a bank or financial institution.
  • Proven track record of effectively managing a large loan portfolio.
  • Strong understanding of banking regulations, state and federal compliance requirements, including knowledge of the ACL framework and Loan Loss Reserve policies.
  • Experience with credit risk management tools and loan management systems.

Estimated Salary: $160,000 - $220,000 per year.



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