Credit Admin Business Risk

Found in: Resume Library US A2 - 2 weeks ago


Raleigh North Carolina, United States First Citizens Bank Full time
Overview:
This position is responsible for overseeing risk management activities assigned for compliance, operational and regulatory risks within the Credit Administration Organization. Managing and coordinating with subject matter experts to provide centralized coordination for supervisory activities related to credit risk management. This role will be expected to lead interactions with key stakeholders within Credit Administration and various internal lines of defense (e.g., Business units, Compliance, Enterprise Risk Management, Internal Audit/ SOX, etc.) as well as external auditors. The Credit Administration Risk Manager position requires knowledge and experience with credit portfolio, portfolio management and risk management. This position requires a thorough understanding of credit policies, practices, and procedures, and a high-level understanding of the complex lines of business and regulatory requirements of a Large Financial Institution. The role will also be involved in the various governance forums, preparation of materials, presentations related to areas managed, and other various projects across Credit Administration.

Responsibilities:
Planning:

 

Manages preparation activities for Internal Audit and regulatory exams and participates in related meetings.

Coordinate resources with direct and indirect reporting relationships to execute on various projects and efficiency initiatives related to credit risk remediation.

 

Risk Management Program:

 

Interpret complex regulatory issues and coordinate response activities by advising stakeholders in responding to regulatory issues.

Assist subject matter experts in conducting root cause analyses for regulatory issues in support of the design and implementation of corrective actions and remediation plans

Apply risk management skills to evaluate regulatory issues to understand their scope, severity, and potential impact to the Bank.

Escalate concerns with execution towards established timelines.

Use high degree of judgment to review, address, and resolve complex issues with internal stakeholders, providing issue management expertise during the issue remediation lifecycle.

Work with senior leaders and associates across all levels of the organization to build trust and credibility through strong interpersonal skills, clear communication, and consistent actions.

Coordinate communications and deliverables as required for Credit related regulatory exams/audits and requests.

Coordinate resources with direct and indirect reporting relationships to execute on various projects and efficiency initiatives related to credit risk remediation.

 

Risk Advisory Services:

 

Provides quarterly reporting to Credit Risk Committee concerning insights and activities. Establishes and leads review program for policies, procedures, and credit governance meetings.

Analyze key upcoming regulatory guidance to assess level of compliance with current practice.

Qualifications:
Bachelor's Degree and 5 years of experience in Credit Risk Management and/or Credit Analysis, knowledge of risk issues related to lending activities;
OR High School Diploma or GED and 9 years of experience in C redit Risk Management and/or Credit Analysis, knowledge of risk issues related to lending activities;

 

Preferred Education: Bachelor Degree with advanced certification (CPA, CISA, CIA, etc.)

 

Preferred Area of Study: Business, Risk Management, Auditing

 

Preferred Area of Experience: Financial Services, Banking, Enterprise Risk, Operational Risk

 

License or Certification Type: CPA, CIA, CISA Preferred


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