Senior Vice President, Risk Mitigation Specialist
, Irving, Texas, 75084
Senior Vice President, Risk Mitigation Specialist About the Company Renowned commercial investment banking company with an international reach Industry Financial Services Type Public Company Founded 1812 Employees 10,001 Categories Wealth Management Credit Cards Banking Financial Services Banking & Mortgages Consulting & Professional Services Brokerage Business Common Purpose Finance Financial Ingenuity Financial Responsibility Global Bank Investing Investment Banking Responsible Finance Global Banking Global Finance Investment Bank Insurance Asset Management Investment Management Financial Transactions International Trade Capital Management Assistance Services Risk Analysis Home Ownership Lending Services Financial Trading Foreign Trade Mobile Communication Blockchain Regulatory Affairs Sustainability Corporate Citizenship Credit Specialties banking commercial banking investment banking wealth management credit cards capital markets equity and fixed income research consumer lending cash management and transaction services Business Classifications B2B B2C About the Role The Company is seeking a Risk Mitigation Specialist at the SVP level to join their Portfolio Management Group. This independent function operates within the 2nd Line of Defense Risk organization and is dedicated to applying portfolio management techniques on a macro basis, particularly for the global wholesale lending and counterparty credit risk portfolio. The successful candidate will be responsible for a range of key activities, including supporting the PMG team in all secondary risk mitigation across the corporate lending portfolio, acting as a second-line challenger in the proposal of risk mitigation plans, and overseeing the risk mitigation process. This role requires a strong background in credit risk management, underwriting, or related roles in the financial services industry, with a focus on risk mitigation tools such as Credit Default Swaps (CDS), asset sales, and synthetic risk transfers. Applicants should have an undergraduate degree and approximately 5 years of relevant experience, with a graduate degree being a plus. A deep understanding of risk mitigation tools in corporate portfolio management and their impact on capital and risk-weighted assets is essential. The role also demands a basic understanding of wholesale lending, counterparty credit risk activities, and financial statement analysis. The ideal candidate will have experience working with underwriting and business stakeholders, as well as public side trading desks, and possess efficient technical skills. Strong interpersonal, communication, and organizational skills are required, along with the ability to work in a demanding, fast-paced environment and interact with a wide range of stakeholders, including senior management. The position offers the opportunity to become a subject matter expert in risk policies, participate in ad-hoc projects, and contribute to the enhancement of risk mitigation processes and technology systems. Hiring Manager Title Banking and International Risk CRO Travel Percent Less than 10% Functions Finance Strategy