Credit & Portfolio Risk Manager Job Description
Credit & portfolio risk manager
provides insights through in-depth knowledge of Credit Risk (including credit products, operations, risk management and shared services functions).
Credit & Portfolio Risk Manager Duties & Responsibilities
To write an effective credit & portfolio risk manager job description, begin by listing detailed duties, responsibilities and expectations. We have included credit & portfolio risk manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Knowledge of MS Office (Word, Excel, PowerPoint, CLIS, CLP, ORRAT
Support the business units in the adoption of laws, regulations, accounting, policies, rules, and procedures
Knowledge of the policies, rules, and procedures that govern commercial credit in the Corporation
Maintain and manage a portfolio of accounts within assigned industry sectors
Support Policy manager in review of credit policies and program risk acceptance criteria regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance
Knowledge of the laws and regulations that govern commercial credit in US
Knowledge of the accounting procedures that govern commercial credit in US
Knowledge in the management of database
Work with product, marketing, finance, capital markets and operations to provide comprehensive strategy recommendations Identify breaches and early warning signals against established triggers/limits and work to identify root cause of such issues
Works with the Office of the CCO in responding to U.S. regulatory requests remediating regulatory findings
Credit & Portfolio Risk Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Credit & Portfolio Risk Manager
Typically a job would require a certain level of education.
Employers hiring for the credit & portfolio risk manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Economics, Statistics, Mathematics, Engineering, Finance, Business, MBA, Management, Physics, Accounting
Skills for Credit & Portfolio Risk Manager
Desired skills for credit & portfolio risk manager include:
Ability to quickly identify and quantify levels of risk to provide a road-map for mitigation of risk
Accounting and data requirements
Statistical analysis tools and techniques used in risk management
Regulatory trends that impact their assigned line of business
Financial services
Regulations
Applicable laws
Industry
Excel
Policies
Desired experience for credit & portfolio risk manager includes:
5+ years banking/credit analysis experience
Supports the U.S. Credit Executive Committee in carrying out its duties
8 to 12 years of experience in risk, operations, administration, and/or project management
Responsible for the preparation of new transaction proposals incorporating the analysis of the macroeconomic environment, the business, credit and financial risk profiles of the borrower, risks inherent in the specific structure of a transaction
Present completed transaction proposals to the relevant Business and Risk Committees
Coordinate with Global Clients USA Account Officer and/or Product Specialist to ensure timely response to the client and that the transaction is completed within the approved terms
Credit & Portfolio Risk Manager Examples
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Credit & Portfolio Risk Manager Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of credit & portfolio risk manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit & portfolio risk manager
- Ongoing annual and/or quarterly reviews of existing clients
- May be assigned specific additional responsibilities such as analysis and preparation of sector/portfolio reviews, stress tests, and/or other senior management requests as deemed appropriate
- Provide ongoing approval of limit excesses requests, one-off trade requests from trading desks within authority
- EBS / Reuters administration vs
- Lead in the design and preparation of timely, relevant and accurate MIS necessary for through-the-door sourcing analysis and portfolio quality analysis for both secured and unsecured products
- Support Policy manager in engaging with business partners in regular asset quality reviews with provision of analytics insights to identify risks/ opportunities and recommend relevant actions
- Support Policy manager in driving portfolio management initiatives through the credit cycle management framework by working in partnership with product managers, credit approval team, credit operations team and collections team
- Ensure timely preparation and submission of regular reports/MIS
- Maintain and support the Branch stress testing models as necessary
- Assist with coordinating discussions with business for rating model updates
Qualifications for credit & portfolio risk manager
- Experience developing and executing programs and strategies across large, complex organizations
- Manages and leads a team by scheduling and assigning work, establishing unit goals and objectives, and providing training
- Completes performance reviews
- Develops and documents statistical analytical models to analyze the portfolio, including quantitative analysis, probability analysis, regression analysis, migration analysis
- Identifies current or future issues with data integrity, is a stakeholder and participant in overall Data Governance
- Provides detailed trend information
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Credit & Portfolio Risk Manager Job Description
Job Description Example
Our innovative and growing company is hiring for a credit & portfolio risk manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit & portfolio risk manager
- Knowledge of the laws and regulations that govern commercial credit in PR
- Assist with overall management of the wholesale credit modeling team’s efforts through various activities including tracking and updating of various reports and interacting with other stakeholders throughout risk and the bank
- Conduct quantitative data analytics as necessary to support reporting or model development
- Player / Coach Management and Leadership – all aspects of team management
- Monitor/manage ongoing performance/risk of accounts within his/her assigned portfolio
- Financial Statement and Covenant Monitoring
- Guarantor / Sponsor Analysis
- Examine the risk profile of commercial customers and determine the risk classifications
- Analyze the strategies of the business units and the structure of new loans
- Oversee the daily operations, the improvement of the profitability of the businesses, and the reduction of risk
Qualifications for credit & portfolio risk manager
- Minimum of 5 years' experience with Credit Card and/or Credit Risk Management
- SQL or SAS experience preferred
- Advanced knowledge of risk management associated with various Wholesale/Corporate Banking credit segments
- Masters degree in a quantitative discipline (economics, econometrics, mathematics, statistics, engineering, computer science, business administration)
- Identifies opportunities for model enhancements and make model recommendations in order to produce optimal results
- Develops statistical analytical models to analyze the portfolio, including quantitative analysis, probability analysis, regression analysis, migration analysis
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Credit & Portfolio Risk Manager Job Description
Job Description Example
Our innovative and growing company is hiring for a credit & portfolio risk manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit & portfolio risk manager
- Assist the Department Manager in internal and external audits
- Analytical capacity, particularly in the structuring and administration of commercial credit
- Excellent analytical skills to identify situations, and find alternatives to make sound decisions
- Ability to keep a group focused and motivated
- Excellent interpersonal skills to develop and maintain good relationships with different work groups
- Excellent negotiating skills at different levels within the Bank and other Popular companies
- Available to work extended hours, holidays, Saturdays, and Sundays
- Development of stress testing and scenario approaches used in the credit risk appetite framework and internal capital adequacy (ICAAP) assessments
- Integration and embedding the use of credit risk economic capital
- Review and challenge of strategic business initiatives to ensure portfolio concentration risks are appropriately considered in credit risk appetite and stress testing frameworks
Qualifications for credit & portfolio risk manager
- Experience operating in large, complex organizations
- Understand commercial credit model methodologies and translate into non-technical language
- Work with production team to ensure models are correctly implemented
- Reviews model results with business owners for reasonableness
- Write model development reports
- Aggregates data into presentation format for a variety of audiences
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Credit & Portfolio Risk Manager Job Description
Job Description Example
Our company is growing rapidly and is looking for a credit & portfolio risk manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit & portfolio risk manager
- Submit proposals and document policies & guidelines in line with outcome of portfolio analysis and discussion with all stakeholders
- Liaison with Credit Risk Analytics and Enterprise Risk Management functions to ensure connectivity in stress testing & scenario frameworks
- Collaboration with colleagues in other global portfolio management teams to strengthen alignment of the credit risk appetite framework across legal entity, divisions & regions
- Support of event risk management activities
- Input to strategic programmes that deliver change for CRM
- Ensure timely and accurate submission of secured portfolio performance reporting to management
- Facilitate and support regular credit portfolio quality reviews
- Support portfolio stress testing and any model development/related initiatives
- Support Credit Digitalisation Project and any other projects/tasks assigned
- Ability to interpret financial data and effectively translate to non-financial stakeholders
Qualifications for credit & portfolio risk manager
- Experience in financial institutions, preferably in corporate credit and credit program management and underwriting
- Possess results-driven capability to work with service partners, such as Credit Operations and Sales, to ensure a seamless process flow for credit applications
- Display a high degree of team spirit and professionalism, and able to co-operate in a harmonious and productive manner with superiors, peers, subordinates, internal customers and external service providers
- Recommends to Product Credit Risk Team credit policy and underwriting standard modifications where warranted
- Bachelor’s degree in accounting, finance, economics or real estate, plus 7+ years of experience in commercial real estate or debt financing, or equivalent is preferred
- Completion of formal credit training program preferred
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Credit & Portfolio Risk Manager Job Description
Job Description Example
Our innovative and growing company is hiring for a credit & portfolio risk manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit & portfolio risk manager
- Strong problem solving skills and ability to advise on policy and debt recovery
- Understanding of the start-up or SME sector desirable
- Oversees preparation and approval of Loan Reviews for certain Corporate Loans
- Manages the Loan Review tracking process, exceptions, including overseeing set-up on loan system
- Oversees the Annual Financial Review process including suggestions to enhance process
- Manages process of documentation follow-up, financial statement receipt, including set-up on loan system
- Responsible for maintaining and enforcing the Bank’s Loan Policy
- May work on enhancements to Corporate Loan Grade model
- May have management/supervisory responsibilities for incoming credit analysts and/or portfolio managers or other specialized roles
- Build, lead and develop a team of highly skilled credit analysts
Qualifications for credit & portfolio risk manager
- Passion for commercial real estate
- Ability to thrive in a fast-paced, collaborative work environment while maintaining a high level of attention to detail
- Ability to concisely express ideas and propose effective solutions
- Educated to degree level or equivalent / qualified through significant professional experience gained in delivering Policy and MI
- Bachelor or Master in Business Administration with concentration in Accounting or Finance from a University or Accredited College
- Minimum of five (5) years of experience in analytics, commercial loan administration, approvals, and structuring