Credit Review Senior Portfolio Specialist
1 month ago
Description
:Working with Portfolio Manager(s), establish and execute a risk based coverage plan for specific portfolio(s). Coverage plan to include, at a minimum, examinations, transaction reviews, risk assessments and issue management.
Serve as subject matter expert for and/or lead risk-based and regulatory examinations.
Credit Review provides an independent assessment of credit decisions and the effectiveness of credit processes across the bank’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or committee thereof, external auditors and regulatory agencies.
The Portfolio Specialist works together with the Credit Review Portfolio Manager(s) to establish and execute a risk-based coverage plan for a specific portfolio(s) or set of portfolios for assessing the quality of credit decisioning and the effectiveness of credit processes and policies. Key responsibilities include executing transaction reviews, leading examinations as an Examiner-in-Charge (EIC) or Assistant Examiner-in-Charge (AEIC), secondary reviews of transaction testing completed by other examiners and issues management. Manages field work capacity for exams to ensure accurate and timely execution of Credit Review examinations. Coaches, mentors, and reviews the work product of new or junior team members. Establishes working relationships with relevant Risk and regulatory partners to facilitate ongoing dialogue of key issues and emerging risks. Additionally, assist the Portfolio Manager(s) in preparing quarterly Business Assessment Reports and Coverage Plans; maintains awareness of current economic trends and its impact on credit portfolios.
We are looking for a Portfolio Specialist to join our dynamic, high-energy Credit Review team supporting review of Global Markets, Financial Institutions and Global Wealth and Investment Management businesses.
Responsibilities:
Either individually or working with Portfolio Manager(s), establish and execute a risk-based coverage plan for specific portfolio(s). Coverage Plan to include, at a minimum, examinations, transaction reviews, risk assessments and issue management Serve as subject matter expert for and/or lead risk-based and regulatory examinations Perform transactional testing of credit process execution of new and existing clients, and provide direct and timely feedback on transactional reviews completed by others Effectively assimilate information from various sources to identify emerging risks Provide input into staffing and resource allocations Build and implement tactical on-boarding plans for new examiners Provide periodic updates to business heads and executive management, including communication of examination and monitoring results, new issues and emerging risks Issue management, including approval of issue severity ratings, action plans, ongoing issue status tracking and oversight of issue validation Track and follow observations from exams/monitoring that don’t yet rise to the level of issues Actively engage with Corporate Audit to ensure ongoing awareness of review activity, coordination, and ongoing risk assessment Actively participate in regulator meetings, liaise with regulators to provide periodic updates on monitoring/exam results, and respond to inquiries from regulators and other external reviewers Provide input to top of house reporting for Board and senior management Drive a culture of continuous improvement by leading or participating in complex or multiple projects Produce quality, timely work Maintain well-written, easy to follow work papers in accordance with Credit Review guidelines and best practices Raise potential areas of concern for QA team to reviewSkills:
Extensive commercial credit related experience, including deep understanding of large or complex portfolios. Capital Markets experience with knowledge of Counterparty Credit Risk (traded products) strongly preferred. Experience in risk management, lending and/or regulatory agencies Excellent credit analysis and project management skills, excellent verbal and written communication, strong interpersonal and leadership skills Data manipulation and analysis skills Effective process assessment skills - the ability to identify control gaps and their implications to the broader population Ability to support conclusions through fact-based analysis and ability to influence senior leaders Ability to manage multiple complex tasks while delivering high quality results Experience navigating a matrix organization Independent and takes initiative Resourcefulness in identifying, assessing, and reporting on emerging risks Experience with a Credit Review examination process Proficiency in Excel Ability to work in a team environment, focus on high quality execution Critical thinker, high energy and intellectually curious Experience with leading without authority Ability to coach and develop more junior associatesRequired:
Minimum of 8 – 10 years of commercial credit experience (direct lending, underwriting, workout, risk management and/or regulatory) Ability to support conclusions through fact-based analysis and ability to influence senior leaders Excellent credit analysis, project management and leadership skills Strong organizational and communication skills, both written and verbal Ability to manage multiple complex tasks while delivering high quality results Bachelor’s Degree with a preference in finance, accounting, economics or other business concentrationDesired:
10+ years of direct commercial credit experience. Experience managing traded products and complex structured financing facilities with asset managers and other institutional clients globally Demonstrated experience in identifying, assessing, and reporting on existing and emerging risks Experience with direct applicability to Credit Review responsibility Ability to coach/mentor new or less experienced associatesSkills:
Audit Planning Financial Analysis Internal Audit Review Risk Management Underwriting Business Acumen Credit and Risk Assessment Critical Thinking Issue Management Portfolio Analysis Analytical Thinking Regulatory Compliance Relationship Building Stakeholder Management Written CommunicationsShift:
1st shift (United States of America)Hours Per Week:
40-
Credit Review Senior Examiner
2 weeks ago
Wilmington, United States Bank of America Full timeBank of America Credit Review Senior Examiner Wilmington, Delaware Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day. One of the...
-
Credit Review Senior Examiner
3 weeks ago
Wilmington, United States Bank of America Full timeJob Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for...
-
Credit Review Sr. Examiner
3 months ago
Wilmington, United States Bank of America Full timeDescription : Through examinations and monitoring, Credit Review provides an independent assessment of credit decisions and the effectiveness of credit processes across the bank’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or...
-
Wilmington, Delaware, United States Citigroup Inc Full timePosition Overview: The Credit Portfolio Senior Officer I plays a pivotal role in overseeing strategic risk management initiatives for a portfolio of prominent co-branded credit cards. The primary aim of this position is to optimize risk and returns through strategic projects that influence various products, while continuously monitoring the portfolios to...
-
Credit Portfolio Officer
22 hours ago
Wilmington, Delaware, United States Citigroup Inc Full timeJob SummaryThe Senior Credit Risk Management Leader will be responsible for leading activities including credit review, credit approvals, and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to develop and manage credit risk strategies for new customer acquisitions.Key...
-
Credit Portfolio Officer
1 month ago
Wilmington, Delaware, United States CitiGroup Full timeCitibank, N.A. seeks a Credit Portfolio Officer for its Wilmington, Delaware location.Duties: Develop, optimize and lead risk and business strategies for Existing Customer Management (ECM) portfolio and acquisition underwriting for Branded Cards and Lending. Leverage external credit bureau and internal data to lead development of analytical solutions, and...
-
Wilmington, Delaware, United States Citigroup Inc Full timeThe Senior Credit Portfolio Officer is a high-level role tasked with steering strategic risk management efforts for a collection of prominent co-branded credit cards. The primary aim of this position is to oversee risk and returns through strategic initiatives that affect various products, monitor the portfolios, and proactively seek opportunities to enhance...
-
Wilmington, Delaware, United States Hispanic Technology Executive Council Full timeThe Credit Portfolio Management Lead Officer is a high-level role tasked with steering strategic risk management efforts for a portfolio of leading co-branded credit cards. The primary aim of this position is to oversee risk and return through strategic initiatives that affect multiple products, continuously monitoring the portfolios while proactively...
-
Senior Credit Examiner
19 hours ago
Wilmington, Delaware, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
-
Wilmington, Delaware, United States Citigroup Inc Full timePosition Overview: The Credit Portfolio Senior Officer I is a high-level role tasked with spearheading strategic risk management efforts for a portfolio of leading co-branded credit cards. The primary aim of this position is to optimize risk and returns through strategic initiatives that influence various products, while continuously monitoring the...
-
Senior Credit Assessment Examiner
1 week ago
Wilmington, Delaware, United States Bank of America Full timePosition Overview:At Bank of America, we are committed to enhancing financial well-being through meaningful connections. Our approach to Responsible Growth emphasizes the importance of creating a supportive environment for our employees, clients, and communities.Role Summary:The Credit Review team plays a crucial role in providing an independent evaluation...
-
Wilmington, Delaware, United States Citigroup Inc Full timePosition Overview: The Credit Portfolio Senior Officer I is a pivotal role focused on steering strategic risk management efforts for a diverse range of co-branded credit card offerings. The primary aim of this position is to balance risk and return through impactful strategic initiatives that affect various products, while continuously monitoring the...
-
Loan Portfolio Specialist
4 days ago
Wilmington, Delaware, United States Cinnaire Full timeJob Description Job Summary: The Loan Portfolio Specialist collaborates with the Portfolio Management (PM) team at Cinnaire Lending. The Portfolio Management team is responsible for the oversight and administration of all tax credit transactions within the Cinnaire Lending portfolio.Key Responsibilities:Conduct quarterly and annual reporting on loans within...
-
Senior Credit Risk Manager
21 hours ago
Wilmington, Delaware, United States Citigroup Inc Full timeJob SummaryThe Senior Credit Risk Manager is a senior-level position responsible for leading activities including credit review, credit approvals, and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to develop and manage credit risk strategies for new customer...
-
Wilmington, Delaware, United States Citibank Full timePosition Overview:The Vice President of Residential Real Estate Risk – Collections is tasked with formulating risk strategies, conducting analytics, and overseeing early default collections and post-charge-off recovery for the residential real estate portfolio in the United States. Key Responsibilities:1. Develop and optimize existing early and late-stage...
-
Loan Review Analyst
3 weeks ago
Wilmington, United States WSFS Bank Full timeJob Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally...
-
VP, Credit Risk Analytics
14 hours ago
Wilmington, Delaware, United States 00002 Citibank, N.A. Full timeJob SummaryThe Senior Risk Management Officer will be responsible for developing, analyzing, and managing risk strategies, loss forecasting models, and portfolio key trends for the USPB Forecasting & Analytics team at 00002 Citibank, N.A.Key ResponsibilitiesManage and maintain financial/loss approaches used to build the various subcomponents of loss forecast...
-
Loan Review Analyst
4 weeks ago
Wilmington, United States WSFS Bank Full timeJob Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more We are the region's locally...
-
Senior Manager of Credit Risk Strategies
1 week ago
Wilmington, Delaware, United States TD Bank Group Full timeWork Location: United States of America Hours: 40 Pay Details: $110,760 - $178,880 USD TD is dedicated to ensuring equitable compensation for all employees. The salary range for this position reflects various factors considered in compensation decisions, including skills, experience, job-related knowledge, and geographic location. Candidates are encouraged...
-
Wilmington, Delaware, United States Barclays Full timePosition OverviewThe Senior Vice President of Retail Credit Strategy at Barclays will be instrumental in shaping the risk management frameworks that underpin our retail card offerings.Key ResponsibilitiesThis role involves:Driving the formulation of risk management strategies tailored for retail card portfolios.Utilizing analytical methodologies to enhance...
