Executive Director, Credit Risk Management

7 days ago


Chicago, Illinois, United States Wintrust Financial Full time

About the Role

The Senior Vice President, Chief Credit Officer is a critical leadership position within Wintrust Financial, responsible for overseeing the credit risk management function across the organization. This role requires a seasoned professional with a deep understanding of credit risk management principles and practices.

Key Responsibilities

  • Develop and implement credit risk management strategies to ensure the organization's credit portfolio remains healthy and aligned with business objectives.
  • Lead a team of credit risk professionals in evaluating and managing credit risk across various business lines, including commercial lending, consumer lending, and other financial products.
  • Collaborate with business leaders to develop and implement credit risk policies, procedures, and guidelines that support the organization's overall risk management framework.
  • Monitor and analyze credit risk metrics to identify trends and areas for improvement, and develop recommendations to mitigate potential risks.
  • Stay up-to-date with industry developments, regulatory requirements, and best practices in credit risk management to ensure the organization remains compliant and competitive.

Requirements

  • 7-10 years of experience in credit risk management, with a strong background in credit analysis, risk assessment, and portfolio management.
  • Proven track record of developing and implementing effective credit risk management strategies that drive business results.
  • Excellent leadership and communication skills, with the ability to motivate and guide a team of credit risk professionals.
  • Strong analytical and problem-solving skills, with the ability to interpret complex data and develop actionable recommendations.
  • Knowledge of regulatory requirements and industry standards related to credit risk management, including Basel III and other relevant regulations.

What We Offer

  • A competitive salary and bonus structure.
  • A comprehensive benefits package, including medical, dental, vision, life insurance, and 401(k) matching.
  • Opportunities for professional growth and development, including training and education programs.
  • A collaborative and dynamic work environment that values diversity, equity, and inclusion.


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