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Collabera

Credit Risk Manager

Collabera, Irving, Texas, United States, 75084


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Credit Risk Manager

Contract: Irving, Texas, US

Salary: $90.00 Per Hour

Job Code: 355122

End Date: 2024-11-29Days Left: 17 days, 2 hours left

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Position Details:

Industry: Banking

Job Title: Credit Risk Manager

Location: Irving, TX 75039 - Hybrid

Duration: 04 Months + Possible Extension

Schedule: Mon-Fri: Basic Business hours

Start Date: ASAP

Job Description:

The role is within the Institutional Credit Management (ICM), which is accountable for the management of complex, critical & large professional client credit risk, working on the delivery of the multi-year projects to deliver strategic state ICM capabilities.

The successful candidate requires an understanding of risk reporting, wholesale credit risk management, but more importantly project management skills to deliver the outcomes of ICM and its stakeholders. Good communication skills are required to influence internally, often at a senior level, to tight deadlines. The role may exercise control over some resource and is accountable for the end results in their area of responsibility.

Key Responsibilities:Develop a detailed understanding of the ICM program deliverables, Wholesale and Counterparty Credit Risk (WLCR / CCR) and the working of the first and second lines of defense, in accordance with the Bank project management and governance standards of practice. Provide project governance, oversight and monitoring activities in accordance with the WCR initiative and processes specified by the Transformation Program Office.Maintain project plans, RAID logs, and run working groups for their respective projects and deliverables.Provide reporting or analyze data across key deliverables, including the identification and remediation of issues and audit items.Able to influence and work with a team of professionals across different time zones and departmentsRequires an understanding of multiple areas within the function and how they interact to achieve the objectives of the functionApplies in-depth understanding of the business impact of technical contributions.Ensure that emerging risks identified are socialized with key stakeholders and mitigation strategies are in placeIdentify areas of engagement based on level of investment, inherent risk, complexity of change and other risk factorExecute Risk Control coverage strategy, ensure appropriate risk mitigation actions are in place and escalate to senior management as appropriateExcellent communication skills required to negotiate internally, often at a senior level.Accountable for the successful project management of certain components of the ICM Transformation Initiative in line with overall book of work.Global reporting and communication of project status and risks to appropriate senior business and project managers, project reviews / health checks of the book of work, will be required across all program deliverables to support execution in accordance with strict guidelines.Supporting the Program Director in the identifying and resolving program risks/issues and ensuring the timely delivery of program plans, resources and reporting across all ICG lines of business and wider stakeholders.Gain a good understanding of the bank PM Policies and Standards to ensure good program governance and execution.Building a strong network in the bank across teams and time zones to support them completing their milestonesEffective communication with key stakeholders, both internal and external to the program / project, including obtaining buy-in for proposals.Liaison and clear communications with internal parties as required.Develop and deliver presentations to ICM and other management covering project / program status and plans.Analyzing, providing insight and driving execution across various project componentsProducing information to support regulatory or audit reviews when applicable and be involved in post program reviews for key initiatives.The role will require developing a deep knowledge of the key regulations and rules applicable to CCR and/or WLCRQualifications:

10+ years of experience in Risk and Change ManagementKnowledge and experience of structured project management techniques in a front office environmentDemonstrable experience of senior involvement in high impact projects / programs as a consultant or internal change leaderExpertise and hands-on practitioner expertise in designing and implementing structured business/operational processes and associated business requirements documentationKnowledge of, and experience in, analyzing legislative and regulatory texts, and associated legal analysisBachelor's/University degree or equivalent experience in a relevant subject e.g. Math, Finance or Business is preferredStrong, appropriate industry knowledge & delivery track record is essential.Effective verbal and written communication skillsStakeholder ManagementEffective Negotiation skillsUnderstanding of credit risk best practice and regulatory requirements.Ability to review and provide concise/impactful insight into meeting regulatory remediation needs.Knowledge of credit risk RWA or Stress Testing is a plus.Job Requirement

Credit RiskWholesale Credit RiskRisk ManagementChange ManagementRWARiskChangeReach Out to a RecruiterRecruiterEmailPhoneRohit Roashanrohit.roashan@collabera.com

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