Senior Credit Risk Analyst

2 weeks ago


Charlotte, North Carolina, United States INSPYR Solutions Full time

Title:
Credit Risk Manager

Location:
Remote

Duration:
8+ month contract

Compensation:
$60-70/hr.

Work Requirements:
US Citizen, GC Holders or Authorized to Work in the U.S.

Position Overview:
This role is pivotal in overseeing credit risk for consumer credit portfolios.

The responsibilities encompass monitoring the credit quality of designated portfolios to ensure adherence to established risk parameters, compliance with regulatory and credit policies, and supporting key initiatives related to these portfolios.


A strong emphasis on data analytics is required to track KPIs and KRIs associated with the portfolio, conducting in-depth analyses as necessary, and raising awareness of any significant risks.

The incumbent will also evaluate and manage the effectiveness of portfolio management policies and behavioral monitoring.


This position will assist the Head of Consumer and Residential Credit Risk in managing the overall credit risk in alignment with the organization's risk appetite.

Additionally, the role involves evaluating and making decisions on credit requests for assigned lending units that exceed their signing authority.


Key Responsibilities:
- Establish and review essential risk reports to monitor portfolio quality.
- Communicate concerns to relevant committees and stakeholders.
- Develop action plans to address any outstanding issues and collaborate with stakeholders to resolve them.
- Review the completeness, accuracy, and relevance of established credit policies and procedures for assigned portfolios, recommending changes for management committee approval.
- Oversee the implementation of updates following Credit Policy changes to first line of defense procedures and processes as appropriate.

- Participate in credit reviews, ensuring corrective actions are taken to resolve exceptions and prevent recurrence.

- Design and implement monitoring frameworks to evaluate the performance of new product launches.
- Provide support to ensure compliance with all applicable laws, regulations, and administrative duties.
- Adhere fully to all bank risk management, operational, and credit policies and procedures, as well as regulatory requirements (e.g., Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, etc.)

Qualifications:
- Bachelor's Degree or equivalent

- 5+ years of experience in banking, preferably in Consumer and Small Business Banking
- 5+ years in first line of defense or second line of defense roles focused on Credit Risk
- Strong understanding of regulatory guidance pertaining to consumer and small business products.
- Advanced proficiency in Microsoft Excel, PowerPoint, and reporting tools such as Tableau.

About INSPYR Solutions:

At INSPYR Solutions, technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we align industry and technical expertise with our clients' business objectives and cultural needs.

Our solutions are tailored to each client and encompass a wide range of professional services, project, and talent solutions. By striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities.

INSPYR Solutions is an Equal Employment Opportunity employer, ensuring a diverse and inclusive workplace.



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