Credit Risk Manager

Company: Jobot
Location: Kansas City
Posted on: September 21, 2023

Job Description:

We've been in business for 95 years! We pride ourselves on being the best resource for first time home buyers, veterans and more.This Jobot Job is hosted by: Brendan ThomasAre you a fit? Easy Apply now by clicking the "Apply" button and sending us your resume.Salary: $100,000 - $130,000 per yearA bit about us:We have a strong reputation both regionally and nationally. We've been in business for over 95 years with over $5B in assets, specializing in a variety of banking and investment services as well as Conventional, FHA, VA, Jumbo and other home loan products. We have a welcoming environment and we continue to grow professionally and personally.Why join us?

• Comprehensive medical, dental, and vision coverage
• 401(k) with immediate employer match
• Generous PTO, sick leave, paid holidays and personal days + your birthday
• Additional mortgage and banking benefits
• Employee referral bonuses
• Strong training programs aimed to make you successful here!Job DetailsManage various analyses including:
  • Quarterly Allowance for Loan and Lease Losses ("ALLL") analysis
  • CECL implementation
  • Portfolio stress testing
  • Concentration management analysis
  • Industry and market trends & outlooks
  • Influence the bank's credit risk culture
  • Responsible for the development, execution and management of reporting and analytical needs for Portfolio Credit Risk Management
  • Monitor and manage credit risk for the bank's loan portfolio
  • Apply sensitivity analysis, stress testing, market trend, and other analytical methodologies to anticipate credit trends or deterioration and obtain insights into portfolio performance and market opportunities in an attempt to identify and mitigate potential credit exposure to the portfolio
  • Challenge, develop, and recommend credit portfolio strategies to improve portfolio efficiency that mitigates loss exposure and maximize profitability
  • Identify potential systemic problems in the life cycle of a credit from origination, underwriting, documentation, and problem loans, including identify changing market conditions
  • Evaluate the activities of lending personnel, ensuring such activities are compliant with lending policies and the quality of their loan approval, monitoring, and risk grading assessment
  • Recommend appropriate loan risk grade or adversely classify loans, especially those with well-defined credit weaknesses that jeopardize the repayment
  • Review the Bank's Watch List monthly and ensure risk ratings are appropriate and changes made through the Bank's auto-rater function are necessary
  • Discuss all noted deficiencies and identified weaknesses, and any existing or planned corrective actions, including time frames for correction, with appropriate loan officers and managers
  • Manage risk presentations for senior management that include portfolio activities, analytics of risk, performance, emerging trends and opportunities. Ensure the quality and data integrity of the monthly and quarterly reports sent to Senior Management, Committees, and Board
  • Lead the development of analytics and visualization to assist with portfolio credit risk surveillance. Typical functions are loss forecasting, loan mix management, risk appetite management, collections strategy, watch list oversight, and reporting related to KPI/KRI's.
  • Track policy exceptions that will provide meaningful feedback to understand credit portfolio risk, future potential credit problems, and provide feedback for Lending Policy and Underwriting enhancementsInterested in hearing more? Easy Apply now by clicking the "Apply" button.

Keywords: Jobot, Kansas City , Credit Risk Manager, Executive , Kansas City, Kansas