Portfolio Risk Manager Job Description
Portfolio risk manager
provides effective leadership to the Credit Officer and Loan Administration Officer, as applicable, to ensure effective management of the Commercial loan portfolio.
Portfolio Risk Manager Duties & Responsibilities
To write an effective portfolio risk manager job description, begin by listing detailed duties, responsibilities and expectations. We have included portfolio risk manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide backup functionality for Credit Risk monitoring
Develop and maintain program, process, and communication channels to enable transparency to key Risk Business Partner activities to executive management
Collaborate with Risk Business Partners and Risk Product Officer to create and manage a cross-portfolio inventory of all projects that identify and elevate issues which the head of Risk should be aware of and frame/position risk mitigation activities
Look across Risk Business Partner portfolio to identify potential cross-functional issues and concerns that may impact stakeholders
Manage the budget for the function with coordination of the inputs as part of the annual planning and quarterly forecasting process
Plans and executes multiple, often quick-turnaround projects with minimal outside assistance
Centralize, track and periodically report on team goals
Standardize use of the New Business Initiative Approval (NBIA) process – work with RBPs and ensure consistent application of NBIA
Identify, articulate and surface systemic risks that are identifiable by examining trends across multiple product areas
Serve as subject matter expert to colleagues and partners – breadth and depth of knowledge
Portfolio Risk Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Portfolio Risk Manager
List any licenses or certifications required by the position: PMP, CFA, UAS, PM, CAFP, CBAP, CAMS
Education for Portfolio Risk Manager
Typically a job would require a certain level of education.
Employers hiring for the 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, Finance, Business, Engineering, MBA, Accounting, Management, Business/Administration
Skills for Portfolio Risk Manager
Desired skills for portfolio risk manager include:
Applicable laws
BARRA
Credit
Factset and Bloomberg
Financial services
MS Excel and significant experience using all MS office applications
Regulations
Regulatory trends that impact their assigned line of business
Audit and portfolio management general understanding of new business development and loan administration
Credit administration
Desired experience for portfolio risk manager includes:
GPfMO Portfolio Managers are typically responsible for supporting discussions between the GCD Senior Portfolio Manager and Global Business/Global Functions executives to ensure alignment of the portfolio with business/function strategy and that the portfolio can be delivered in terms of demand & supply, financials, time and benefits realization
Proven abilities in leadership and coaching skills
BSc Degree or equivalent in a numerate subject
Experience working with Excel/VBA and SQL
MSc/PhD in a numerate subject and/or finance/MBA degree
Strong analytical and IT skills are required (Advanced Excel/VBA, SQL) to build tools that will help in carrying out the responsibilities in this role
Portfolio Risk Manager Examples
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Portfolio Risk Manager Job Description
Job Description Example
Our growing company is hiring for a 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 portfolio risk manager
- Develop and update the communication materials used for sell-in to internal management and key partners, and to educate various global constituents
- Daily review of market moves and the economic/financial environment Highlight of significant risks, concentrations (incl
- Broad Market experience and sound knowledge of market risk management and financial products
- Excellent communication skills with ability to articulate complex issues to senior management
- The ability to work on several projects at the same time
- Understanding of the concepts behind key risk measures (Stress Tests, Economic Capital & Value-at-Risk)
- Be responsible for developing and tracking project plans to ensure risks are mitigated and issues are swiftly dealt with to avoid project overspends and delays
- Understand client proposal requirements and help organise the working team to prepare and respond to the proposal in a timely manner
- Communicate and provide visibility of the progress of the project and budget, to all stakeholders in order that they can influence the outcome
- Adhere to and promote project disciplines, methodologies and standards to ensure the quality and supportability of all deliverables
Qualifications for portfolio risk manager
- Candidate should have extensive relevant counterparty risk experience
- BA is a minimum requirement
- Excellent Market Risk knowledge with experience in developing and establishing controls and procedures
- Excellent understanding of Risk Measurement frameworks
- Skills/Aptitude
- Strong organizational and detailed documentation skills
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Portfolio Risk Manager Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of portfolio risk manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for portfolio risk manager
- Broad knowledge of Underwriting/Credit Approval
- Assessing customer information in relation to credit and risk analysis
- Gathering missing credit / risk information through various sources
- Taking independent, quick and efficient decisions on credit applications within authorization level
- Provide effective leadership to the project team to ensure that everyone understands and executes their role effectively, feels empowered and supported
- Manage cost control for projects including reporting on Spend to Date, Estimate to Complete and Estimate at Completion
- Analyse portfolios for trends over an array of areas
- Create monthly reports on portfolios performance and present this to the senior leadership team
- Use your strong modelling skills to create risk models
- Use data to drive change
Qualifications for portfolio risk manager
- Strong technical degree, such as mathematics, science or engineering
- Self-motivated, takes ownership of responsibilities assigned to him/her
- Ability to co-ordinate work with various teams in the bank and get results
- Proven ability to communicate effectively with sales & technology teams client side CRO/CIO & portfolio managers
- Bank business and financial performance by creating tools and programs to enable effective risk management and assessment, and ensuring improvements, enhancements and solutions are cost-effective, timely and efficient
- 10+ years of overall experience with at least 5 years of proven experience in a product, or technology role in the payments space
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Portfolio Risk Manager Job Description
Job Description Example
Our company is looking for a portfolio risk manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for portfolio risk manager
- Support the development of an enhanced credit risk limit framework in alignment with Business Risk Appetite workstream and Group Credit Risk Management Portfolio Management limits
- Responsible for identification of internal and external credit risks within all consumer business lines and assessing those risks using a blend of experience and sophisticated analytical tools
- Facilitate, attend and participate various committees (ERC/Japan staff meeting, ) and/or subcommittees that impact the credit granting activities of the organization
- Design and implementation of a Credit Risk ID process for CUSO
- Manage quarterly update process across all relevant credit teams, including result documentation and presentation
- Design and implement Credit Risk ID process for CUSO
- Establish workgroups with critical partners across the DCS business, conduct detailed requirement sessions to identify core metrics which are critical when monitoring for dealer risks (KPIs/KRIs), create a detailed design of the portfolio management framework
- Partner with technology, data management, and reporting teams to establish IT book of work for framework development
- Identify and manage the implementation of the proper business intelligence tool which will provide end user support in accessing the output of the framework
- Implement a senior management governance forum that will meet monthly to review dealer performance
Qualifications for portfolio risk manager
- Must be relationship-oriented and exhibit executive temperament
- Thorough knowledge of lending policies, procedures, practices, documentation and legal and regulatory requirements
- Thorough knowledge of credit including analysis of complex financial statements, cash flow statements, projections
- Thorough knowledge of accounting and regulatory requirements associated with loan loss reserves and provisions
- 4-6 years applicable financial industry experience
- 2+ years’ experience in credit analysis or risk management
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Portfolio Risk Manager Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of 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 portfolio risk manager
- BSc Degree or equivalent, preferably higher, in a numerate subject
- A Bachelors degree in Engineering, Sciences, Finance or Economics (or equivilent experience or qualifications)
- Monitor existing Merchant performance for profitability/risk exposure
- Review and update merchant pricing model as needed
- Complete GPI leadership training courses as assigned and demonstrate competency by providing training, coaching, mentorship and leadership to peers
- Leads and directs the team which designs and executes on project plans to build or improve risk rating tools and processes, including probability of default risk rating models and loss given default models
- Provides subject matter expertise guidance and direction to business analysts who lead design group meetings
- Ensures that appropriate solutions are determined, work efforts are assigned and tracked, and project plans are updated as the project evolves through successful conclusion
- More than one project may be ongoing at any one time and the Manager actively participates in the process
- Owns risk rating tools, processes, and policy and works to make them better
Qualifications for portfolio risk manager
- Proficient in the use of data bases, queries, spreadsheet software, word processing, presentation and Internet navigation
- Lead and collaborate with project teams to deliver end to end GRC project lifecycle
- Shape and define project plans and scope by working through ambiguity, and gaining buy-in from the programme manager and business sponsors
- Manage delivery of projects to deliver the agreed business outcomes within timescale, cost and quality commitments
- Manage key implementation partner relationships on a commercial and delivery level to avoid overspend and delay
- Have good understanding of key GRC solutions (control testing, operational risk, audit, ) and be able to communicate with the client relating to their issues and provide process insight into their projects
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Portfolio Risk Manager Job Description
Job Description Example
Our company is hiring for a 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 portfolio risk manager
- Liaising with legal counsel, fiscal counsel, treasury, Risk Management Markets | Group Markets, and other stakeholders on risk analysis
- Manage financing and equity portfolios within delinquency and ROIC (Return on Invested Capital) objectives
- Acting as knowledge center (fin
- Execute and coordinate risk assessment activities on enterprise level risk types or scenarios, (including emerging risks/scenarios, new products/ventures, by risk type, ) risk areas identified by the Enterprise Risk Committee(ERC)
- Design a portfolio monitoring plan that is flexible and robust to ensure coverage of significant risks that may impact the quality and collectability of the consumer loan lending portfolios
- Create impactful and dynamic visual interfaces/ dashboards for the next generation of our data driven solutions using TFS data and analytic capabilities, technology and industry expertise
- Ensure that portfolio monitoring and other projects, including Findings Follow up, are completed within established timelines and in accordance with Loan Review guidelines
- Work closely with functional leaders across Risk, Business Intelligence, Technology, Accounting, Treasury, Finance and Enterprise Data Management to produce insights on the performance of new business strategies & decisions
- Prepare and perform quantitative analyses on exposure data time series and business plans against proposed summaries and presentations suitable for review by senior management and regulators
- Liaison across Risk Types to identify Cross Risk
Qualifications for portfolio risk manager
- A minimum of nine years in a client facing role leading a project implementation or delivery experience
- Understanding and working knowledge of GRC solutions
- Certification in of the GRC software RSA Archer, BWise, MetricStream
- Work experience from one of the leading consulting companies
- The Candidate should have 8-10 years of relevant experience, knowledge of insurance products (GIC’s, Variable Annuities, etc) and insurance company investment strategies
- Seven (7) years' investment portfolio management, economic and industry analysis