Truist Financial

Credit Risk Manager I

Truist Financial$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent education and training
  • 5 years of lending and/or credit experience
  • Comprehensive financial credit risk and regulatory knowledge
  • Strong communication and interpersonal skills
  • Demonstrated leadership ability to collaborate across teams
  • Preferred: 10 years of lending and/or credit experience
  • Preferred: Master's degree in business administration, finance, or accounting

Responsibilities

  • Serve as a risk manager for Corporate Banking and Leverage Finance
  • Provide risk oversight and credit guidance across a diverse portfolio
  • Promote consistency of the bank's credit culture and lending strategies
  • Lead the advancement of the organization's risk management culture
  • Deliver credit training and mentor client-facing lenders
  • Exercise prudent credit judgment through individual loan authority
  • Stay updated on laws, regulations, and market trends

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and disability coverage
  • Tax-preferred savings accounts and a 401k plan
  • At least 10 days of vacation and 10 sick days per year
  • Paid holidays
  • Potential access to a defined benefit pension plan
  • Eligibility for restricted stock units and deferred compensation plans
Full Job Description
Responsible for optimizing profitability of the wholesale loan portfolio by maintaining proper balance between quality, profitability, and compliance in the assigned portfolio. Partner with Line of Business (LOB) segment leadership team to execute credit strategy in line with LOB targets and Truist stated risk tolerance. ESSENTIAL DUTIES AND RESPONSIBILITIES 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.   • Serve as a risk manager for Corporate Banking and Leverage Finance • Provide risk oversight and credit guidance across a diverse portfolio, including investment-grade exposures, leveraged borrowers, and private equity–backed transactions • Promote consistency of Bank's credit culture and lending strategies throughout organization • Responsible for leading the advancement of the organization’s risk management culture, framework, and appetite • Provide indirect leadership to the LOB and Credit Delivery teams of the assigned portfolio through the delivery of credit training and mentorship of client facing lenders/Relationship Managers • Exercise prudent credit judgment and guidance through individual delegated loan authority  • Stay abreast of laws, regulations and risk management techniques to ensure compliance and best practices in risk management. Stay abreast of local and national economic trends and market conditions QUALIFICATIONS Required Qualifications: 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. • Bachelor's degree, or equivalent education and related training • 5 years of experience in lending and/or credit experience • Comprehensive financial credit risk and regulatory knowledge • Strong communication and interpersonal skills with demonstrated leadership ability to collaborate across teams and build strong relationships Preferred Qualifications: • 10 years of experience in lending and/or credit experience • Master's degree in business administration, finance, or accounting • RMA - Credit Risk Certification General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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