Job Details – this job has expired, please see similar jobs below
Deputy Director Global Risk Assessment
A senior officer with unique capability and expertise in assessing the potential impact of the ever-changing global, national and regional economic and political environment, emerging threats and broader disruption trends. As the deputy to the Director of Global Risk Assessment, this officer will be responsible for understanding economic and political trends, how they may impact the US and Midwest economy, our strategic position as a leading Midwest regional bank and the US banking sector generally. The incumbent will assess risks related to:
Impacts on the Global, National and Midwest Regional Markets
Liquidity, Rates and related risks
Political uncertainties/Elections impact
Natural resources and potential impact of change or instability (i.e., pipelines, shipping, etc.)
Supply chain/infrastructure disruptions
Cryptocurrency evolution and impact
Artificial Intelligence, machine learning, and blockchain
Threats posed by terrorism and conflicts
Other emerging risks, or new risk frontiers
The key output will draw correlations and help the executive leadership and Board answer “so what?” Output should focus on an awareness of potentially unexpected events, the attendant potential 2nd, 3rd, and nth order effects, and to the extent applicable, iterative scenario analysis to estimate the impact on prospective strategic and tactical decisions to enable the company to better position itself for success. The process will require a) Scanning, b) Trend Analysis, c) Trend Projections, d) Polling, and e) Scenario Development. Potential disruption will be a key input into the company’s strategic planning and capital planning processes. Prioritization and/or next areas of focus will be determined in consultation with the Chief Executive Officer, the Chief Risk Officer, and with input from the Board.
Key deliverables will include monthly dashboards that best reflect econometric trends, leading the existing emerging risk calls (including developing key areas of focus), alerts on emerging issues and the potential risks they represent, as well as deeper dives into evolving political and economic risk. The incumbent will work closely with the Company’s Credit Administration Data Analytics Team, Director of Economics, Public Affairs Officer, among others in developing scenario analysis. Framing the potential risk relative to Company’s exposure is key. The incumbent will monitor and participate as needed in the Credit Policy & Strategy Committee (CPSC) and Asset & Liability Management Committee (ALCO) in support of the Director of Global Risk Assessment, who will be an active member of those bodies. Monthly dashboards will be included in the Risk Management Committee (RMC) materials and shared routinely with the Executive Leadership Team and Corporate Risk Leaders, who will determine follow-up actions required. The incumbent will also brief the Risk Oversight Committee (ROC) in Executive Session at the direction of the Director of Global Risk Assessment.
To succeed in this demanding role, the candidate ideally possesses a strong combination of the following experiences and capabilities:
15+ years of progressively responsible experience in credit approval, business development, strategic and tactical planning, risk management, underwriting and/or analysis, including management.
10 years of Comprehensive experience and knowledge of credit, non-traditional, and deposit and products and services.
10 years of Working knowledge of multiple business sectors and industries.
10 years of experience researching and analyzing the utilization of econometric and market data.
Bachelor’s Degree in Accounting, Finance, Economics, Business or related field.
10 years of experience in credit risk management and control frameworks.
10 years of Project management experience with the ability to deliver high-quality results while meeting deadlines, department and personal goals.