Risk Manager I-CDPP Credit Risk Management

Overview

This role supports Risk Management by managing the creation, implementation, and validation of various risk segmentation strategies, including adjudication, account management, exposure management, risk segmentation, and financial return optimization. The work provides critical information, analysis, and risk rational strategies to ensure decisions align with the organization’s risk appetite and applicable governmental requirements and guidelines.

Responsibilities

• Manage governance, control, and risk management behaviors in alignment with organizational policies and practices.
• Lead and/or participate in the identification, development, and implementation of new initiatives, operating workflow improvements, additional services/applications, and operational efficiencies, including potentially leading special project teams or cross-functional work groups.
• Investigate, create, implement, and validate risk segmentation strategies and policies using complex data, advanced analytical approaches, and business intelligence tools.
• Assist in developing and enhancing credit risk assessment capabilities to identify and maintain good business opportunities with new and existing clients.
• Perform detailed analysis and interpret information to make recommendations to Senior Management on critical strategies, including non-standard and ad-hoc requests as determined by management.
• Create reports on results of implemented strategies using appropriate quantitative methods and MIS; provide recommendations to increase efficiencies and revenue while managing credit risk.
• Work effectively cross-functionally with teams outside of risk.
• Partner with Internal Audit and External Regulators to ensure documentation for all work processes is complete and up-to-date.
• Ensure sound credit control through proactive risk management within established risk guidelines.
• Communicate issues relevant to the team in a timely manner and maintain effective working relationships with internal and external stakeholders.

Requirements

• Bachelor’s degree required; Graduate degree preferred.
• 5+ years’ experience required.
• Proficient PC skills, including strong competency in MS Excel and PowerPoint, and experience with PC-based analytical and reporting software.
• Experience using relational databases and conducting Extract, Transform, Load (ETL) processes using common languages such as SQL or SAS.
• Familiarity with analytical and reporting tools such as SAS, R, Matlab, and Tableau (and similar tools).
• Strong analytical and problem-solving skills to interpret data and draw conclusions.
• Experience in data modeling and risk management from a business administration, statistical, mathematical, scientific, or financial background.
• Excellent written and verbal communication skills.
• Experience developing and presenting recommendations to Senior Management.

Preferred Qualifications

• Advanced experience in SQL, SAS, and Python.
• Credit Risk Management experience.
• Experience in modeling.
• Advanced data analytics experience.
• Cross-functional collaboration.
• Experience with AI.
• Masters in economics, finance, and/or statistics.

Compensation & Benefits

• Base pay range: $120,000 - $145,600 USD
• Base salary and variable compensation/incentive awards may be available (eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan).
• Benefits may include health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, and career development.

Location

• Wilmington, Delaware, United States of America

Work Schedule

• 40 hours

Physical Requirements (ADA)

• Performing sedentary work – Frequent
• Performing multiple tasks – Continuous
• Operating standard office equipment – Continuous
• Responding quickly to sounds – Frequent
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Occasional
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Occasional
• Crawling – Never
• Climbing – Never
• Reaching overhead – Occasional
• Reaching forward – Occasional
• Pushing – Occasional
• Pulling – Occasional
• Twisting – Occasional
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Frequent

Travel

• Domestic travel – Occasional
• International travel – Occasional

Equal Opportunity

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran, or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, request accommodations through the workplace accommodations program for the organization.