About The RoleSummaryUnder the direction of the GBCI Chief Credit officer, the Credit Portfolio Risk Manager will use quantitative data, critical thinking, and problem solving to coordinate, improve, and participate in a wide variety of credit risk and loan portfolio management functions to determine the amount and trends in the credit risk metrics of the bank's loan portfolios and administration of the bank's respective loan portfolios and operating systems. The position is part of our Credit Administration Management team, which assists senior management and the board of directors in assessing, identifying, mitigating, and monitoring the corporation's key credit risks as a means to protecting the long-term safety and soundness of the company.
This is a Corporate position which may be located in an available bank division across our nine-state footprint in AZ, CO, ID, MT, NV, TX, UT, WA, or WY. The entry rate for this position is $129,900.00 + /year (calculated for Kalispell, MT). All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.Spokane, WA pay range: $143,600 to $239,300 per year Wenatchee, WA pay range: $136,700 to $227,900 per yearDescription- Responsible for evaluating and overseeing model performance of the Allowance for Credit Losses (ACL) reporting per CECL and accounting guidance. Produce analytical evaluations and reports relating to credit quality, loss forecasting, and ACL for assigned portfolios and Bank Division segments. Responsible for risk assessment activities consistent with the banks ERM framework, industry best-practice, and regulatory guidance. Support disclosures of allowance calculation for public reporting and respective documentation to external auditors and regulators. Prepare reports describing the results of the validation analyses and list the recommendations for addressing any issues identified and managing the resolution of the findings. Review ongoing model performance and assess overall model health within a given framework, identify potential problems, and work with stakeholders to resolve issues. Be comfortable working with, and articulating complex matters to senior management specifically credit and finance teams in written and verbal communications.
- Coordinate and manage the credit risk reporting function and develop risk-related reports and supporting documentation. Utilize analytical, statistical, financial and economic tools, software, and concepts that can be used by management in making well-informed credit administration and loan production decisions. Develop, enhance, implement, execute, and maintain such reports and present to bank management, bank committees, Board of Directors and external parties when warranted.
- Participate in the due diligence process for new or changing products, services, and endeavors. Participate in the due diligence process of evaluating credit portfolio quality of potential bank acquisitions. Support data governance initiatives including the defining, collecting, reconciling, testing, controlling, and storing data. Conduct interviews and/or facilitate workshops. Provide direction through collaboration with relevant committees and working groups.
- Manage the development, implementation and monitoring of the loan origination systems while supporting the Bank Division's loan production staff and GBCI Loan Operations. Facilitate vendor assessments, engagements, contracts and performance. Work closely with the IT Project Management and Business Applications Departments to ensure seamless implementation and execution of the respective systems.
- Work with bank regulators, credit review consultants, ERM, accounting staff and internal and external auditors. Research and analyze safety and soundness regulations and industry best practices regarding credit risk management. Works with all GBCI and Bank Division management on corrective actions of existing findings and the development of initiatives for new regulations, accounting requirements, credit review findings and internal control processes. Assesses current standing with regards to developed action plan to determine if additional administrative requirements are necessary.
- Expedite corrective action when credit risk exposure exceeds the Bank's credit risk appetite. Provide guidance and support to the Bank Divisions and loan production departments in the development and documentation of the respective credit risk objective and control processes.
- Provide support to Bank Management, Bank Divisions and Loan Production staff on data analysis and risk reporting needs for the identification, measuring, monitoring, and controlling of credit risk exposures. Facilitate and recommend proactive improvements to existing credit administration and lending processes.
- Support various aspects of credit stress testing, including model evaluation, validation of assumptions and respective documentation. Provide insights for the valuation of parameters for utilization in the development of credit stress testing.
- Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.
About YouQualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EducationRequired/PreferredEducation LevelDescriptionRequired
Bachelor's Degree
Bachelor's Degree in Mathematics, Economics, Business Administration, Finance, Accounting, Business Information Systems required.
An advanced degree or project-management certification is preferred.
ExperienceRequired/PreferredExperience LevelDescriptionRequired
10+ years
A minimum of ten years of progressively responsible experience in commercial banking, credit administration, credit portfolio management, credit risk analytics, or a related financial-services discipline. Experience must include substantial responsibility for analyzing commercial and consumer loan portfolios; monitoring credit quality, concentrations, exceptions, and emerging risk trends; developing management and Board-level credit-risk reporting; and supporting ACL/CECL, stress testing, regulatory examinations, audits, or other credit-governance activities
Required
In-depth knowledge of commercial and consumer credit, loan underwriting and administration, portfolio segmentation, risk-rating practices, criticized and classified asset identification, concentration management, policy and underwriting exceptions, and key asset-quality indicators.
Required
Working knowledge of ACL/CECL methodologies and model-performance monitoring; credit stress testing; data governance and reconciliation; internal controls; regulatory and audit expectations; public-company allowance disclosures; and loan origination and credit-administration systems is required.
Preferred
Experience leading cross-functional projects involving Credit Administration, Finance, ERM, Loan Operations, Information Technology, or Bank Division personnel is strongly preferred.
Preferred
Hands-on experience using SQL or comparable query tools to extract, reconcile, validate, and analyze loan-level data; developing recurring dashboards and executive reports in Cognos or a comparable business-intelligence platform; and working with Jack Henry core or related lending data is preferred.
Preferred
Experience with ACL/CECL applications, credit-risk or stress-testing platforms, loan origination systems, data warehouses, report automation, and system or vendor implementations is also preferred.
Would an equivalent combination of relevant education and work experience be considered?: Yes
License/CertificationRequired/PreferredLicense/CertificationDescriptionRequired Skills and Abilities- Must be able to interpret portfolio, financial, accounting, and economic data and translate the results into practical risk conclusions and recommendations for senior management and the Board.
- The ability to motivate or influence internal or external senior level professionals is a critical part of the job, requiring a significant level of influence and trust. Obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogues, as well as a professional level of written communication skills are essential to the position.
- The ability to collaborate, motivate, persuade, and influence stakeholders at all levels is a critical component of the position. Internal and external stakeholders include the board, executive management, business units, auditors, consultants, and regulators.
- A practical knowledge of statistical analysis tools and techniques used in risk management, an ability to quickly identify and quantify levels of risk to provide a road-map for mitigation of risk.
- This is a statistical modeling/mathematical theory role using complex mathematical concepts and requires advanced and technical mathematical/statistical techniques.
- Effective oral, written, and interpersonal communication skills demonstrated by the ability to read and interpret documents; write policies and procedures; create analytical reports; and speak persuasively with employees, management, regulatory, and vendors.
- Advanced proficiency with Microsoft Excel and Word.
- Self-starter with ability to take ownership and accountability of assignments.
- Possess strong project management skills with the ability to design and execute new programs.
- Solid relationship building and management skills; professional demeanor and relentless follow-through in a non-threatening manner.
- Proven record of working with all levels of an organization's business and technology departments.
- Proven strong problem solving, analytical and technical skills to understand and identify business needs in order to communicate solutions, and execute implementation of solutions.
- Will have exposure to sensitive information, and must use considerable tact, diplomacy and judgment.
- Employee must be capable of interacting calmly and professionally with a variety of people from diverse backgrounds at various levels within and outside of the organization.
- Employee must be capable of regular, reliable, and timely attendance.
Additional RequirementsTravelOccasional travel required: (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.
Working ConditionsEnvironment: Indoors, a climate-controlled shared work area.
Noise Level: Moderate noise; not extreme or excessive; within reasonable limits.
Lifting: Sedentary work: Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
VisionClose visual acuity to prepare and analyze data and figures, view a computer terminal, and read the computer screen, printed materials, and handwritten materials.
Physical ActivitiesFrequencyBalancing: Maintaining body equilibrium to prevent falling and walking, standing or crouching on narrow, slippery, or erratically moving surfaces.
Infrequent - rare.
Climbing: Ascending or descending ladders, stairs, scaffolding, ramps, poles and the like, using feet and legs and/or hands and arms.
Infrequent - rare.
Crawling: Moving about on hands and knees or hands and feet.
Infrequent - rare.
Crouching: Bending the body downward and forward by bending leg and spine.
Infrequent - rare.
Feeling: Perceiving attributes of objects such as size and shape, temperature or texture by touching with skin, particularly that of the fingertips.
Infrequent - rare.
Fingering: Picking, pinching, typing or otherwise working primarily with fingers rather than with the whole hand as in handling.
Daily.
Grasping: Applying pressure to an object with the fingers and palm.
Infrequent - rare.
Kneeling: Bending legs at knee to come to a rest on knee or knees.
Infrequent - rare.
Lifting: Raising objects from a lower to a higher position or moving objects horizontally from position to position.
Infrequent - rare.
Pushing: Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.
Infrequent - rare.
Pulling: Using upper extremities to exert force in order to draw, haul or tug objects in a sustained motion.
Infrequent - rare.
Repetitive Motion: Making substantial movements (motions) of the wrists, hands, and/or fingers.
Daily.
Stooping: Bending body downward and forward by bending spine at the waist.
Infrequent - rare.
What We OfferCOMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account op
