What You'll Contribute
The Director, Credit Risk will be responsible for overseeing and managing our credit risk management strategies to ensure that credit risks are properly assessed, monitored, and mitigated to maintain the financial health and stability of the organization.
What You'll Do
- Establish and maintain an effective credit risk framework, including credit risk assessment methodologies, risk appetite, risk limits, and risk mitigation strategies.
- Evaluate and analyze credit risk exposure across various business lines, products, and customer segments.
- Conduct comprehensive credit risk assessments and provide recommendations to senior management and the Board of Directors.
- Monitor and review credit portfolios to identify emerging risks, trends, and potential areas of concern.
- Collaborate with internal stakeholders, including originations, sales, and finance teams, to ensure credit risk considerations are integrated into business decisions and processes.
- Develop and implement credit risk monitoring tools and systems to enhance risk identification, measurement, and reporting capabilities.
- Foster relationships with external stakeholders, such as credit rating agencies, auditors, and regulators, to ensure effective communication and collaboration on credit risk-related matters.
The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.
What you have
Minimum: Indicate minimum education, skills and experience required.
- Strong knowledge of credit risk principles, methodologies, and regulatory requirements.
- Demonstrated experience in developing and implementing credit risk management frameworks, policies, and procedures.
- Proven ability to analyze complex credit portfolios and assess credit risk exposure.
- Excellent understanding of financial statements, financial analysis, and risk assessment techniques.
- Experience in managing and leading a team of credit risk professionals.
- Exceptional analytical and problem-solving skills, with the ability to think strategically and make informed decisions.
Preferred: Indicate nice to haves regarding education, skills, and experience.
- Bachelor's degree in finance, economics, business administration, or a related field.
- 7+ years of experience in credit risk management within the financial services industry, with a focus on corporate or commercial lending.
Feeling your best helps you do your best:Our benefits take care of the whole you so you can build your work around your life (not the other way around!).
Competitive base salaries
Bonus incentives
Generous PTO, Floating Holidays and 12 Federal Holidays observed
Support for financial-well-being and retirement401k with employer match
Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
Employer paid short-term/long-term disability and basic life insurance
Flexible hybrid working arrangements.
Paid parental leave and adoption reimbursement programs
Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)
Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives
Tuition Reimbursement and Family Scholarship Programs
Career development and training opportunities
