Consumer Portfolio and Policy Risk Manager II

Overview

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Regular or Temporary:
Regular

Language Fluency:
English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Ensure the efficient and balanced risk management of the credit adjudication, credit policy, portfolio management, loss forecast, and overall credit processes for the assigned Consumer Credit horizontal domain or business unit within the Consumer Credit and Policy Management team. Assist Manager in providing portfolio/segment oversight and evaluate controls, while providing value-added credit insight and actionable recommendations to production leaders, fulfillment and underwriting leaders, servicing management teams, default/loss mitigation teams and other consumer lending personnel.

Oversee the risk management and administration for the specific portfolio segment or processes (as determined by Manager).

Span of control based on domain area assigned ranging from an individual contributor with indirect leadership responsibilities or direct management responsibilities for assigned team. Credit exposures in scope include Direct to Consumer, Retail Small Business, Bank Card, Mortgage, Consumer Wealth Management, National Consumer Finance & Payments, Auto (prime and sub-prime lending) Marine and Recreational Vehicle Lending totaling more than $130 Billion in out standings on balance sheet and $220 Billion in mortgages serviced for others.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Provide demonstrated credit risk management direction and leadership to assigned portfolio segments in order to achieve planned objectives and identify segment or regional risks and trends. Perform forensic credit analysis to identify outliers or early-stage issues with particular products, regions, and fulfillment centers. Tactically attack potential problems. This includes evaluating and monitoring consumer concentration risk and exceptions portfolio targets. Provide independent credit decision adjudication of large, complex, or exception-based transactions within the assigned portfolio segment and delegated lending authority.
  
  Perform portfolio segment analysis and review of potential targets or acquisitions, as required. Work closely with Business Unit leaders, Consumer Senior Credit and Policy Officer, and Manager to discuss these risks and trends and help develop corrective action plans.
• Review components of a consumer BU credit risk management processes within origination and servicing. Identify potential areas for improvement to credit risk management. Consider correlated risk issues that may contribute to credit risk. Consider credit risk practices and techniques utilized by other bank lending groups, industry peers, and vendor best practices. Act as the catalyst for credit risk improvement.
• Ensure sound and efficient risk management techniques are implemented and maintained in key portfolio risk functions, such as portfolio administration, risk mitigation/fraud and default management. Consider credit risk practices and techniques utilized by other bank lending groups, industry peers and vendor best practices.
• Provide expertise and leadership in various key credit functions/committees (Asset Quality meetings, Business Unit Risk Committees, Consumer Credit Working Group, Truist Risk Appetite framework).
• Engage directly with external Mortgage Investors/Insurers to ensure compliance with underwriting…