Credit Risk Reporting Specialist

Locations

Bedminster
500 Hills Dr
Suite 100
Bedminster, NJ 07921, USA

• On-site
• Full-Time
• Requisition #: CREDI
  002241
• Match Score :

Company Overview:

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions. We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking.

What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first. We are proud to be recognized by American Banker for the eighth consecutive year as one of the nation’s “Best Banks to Work For.” Our secret sauce, in a word, is our culture.

We value a diverse, equitable, inclusive, and safe workplace. Our one-team culture goes to great lengths to show all employees that they are valued members of the organization. We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women. Simply put, our culture is amazing.

Position Overview:

This role is critical in supporting the Bank’s credit risk oversight function by delivering comprehensive, timely, accurate, and insightful credit risk reports to senior management, the board, regulators, and other stakeholders. The ideal candidate will possess strong technical and analytical skills, be detail-oriented, along with an understanding of banking regulations and credit risk exposures.

This position plays a key role in the development and enhancement of enterprise-wide credit risk reporting and governance and is an essential contributor to the development and maintenance of the bank’s risk management strategy.

Key Responsibilities:

• Prepare and maintain regular and ad-hoc credit risk reports, dashboards, and analytics for executive management, board committees, internal auditors, regulatory agencies and other relevant stakeholders.
• Aggregate and analyze loan portfolio data to identify trends, exposure, concentrations, and emerging risks across commercial, consumer, and real estate portfolios.
• Monitor and report on key credit risk metrics, such as portfolio quality, portfolio mix, risk rating migration, risk tolerance, delinquencies, charge-offs, recoveries, and loan growth.
• Support stress testing and scenario analysis processes, ensuring accuracy and consistency in inputs and results.
• Collaborate with Credit Administration, Finance, Compliance, and other departments to gather and reconcile data.
• Assist with development and automation of risk reporting processes using Power BI and other relevant tools.
• Maintain and enhance reporting controls and documentation, ensuring compliance with internal policies and regulatory expectations (e.g., FRB and NJDOBI).
• Contribute to the continual improvement of data governance, quality, and credit risk data infrastructure.
• Stay informed of and updated with industry trends, regulatory developments, and best practices in credit risk and data reporting.

Qualifications:

• Bachelor’s degree in Finance, Economics, Accounting, Statistics, Data Analytics, or related field. Master’s degree or MBA preferred.
• 3+ years of experience in credit risk reporting, credit analysis, or risk management within a banking or financial services environment.
• Experience working at a bank with total assets between $10 and $25 billion is strongly preferred.
• Proficiency in Microsoft Excel, PowerPoint and Power BI.
• Familiarity with core banking systems and loan data structures.
• Strong knowledge of credit risk…