Manager, Commercial Credit Risk
Manager, Commercial Credit Risk
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Overview
Who we are
Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the worlds most admired brands Toyota is growing and leading the future of mobility through innovative high-quality solutions designed to enhance lives and delight those we serve. Were looking for talented team members who want to Dream. Do. Grow. with us.
An important part of the Toyota family is Toyota Financial Services (TFS) the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity it is an essential part of this world-changing company- delivering on Toyotas vision to move people beyond whats possible. At TFS you will help create best-in-class customer experience in an innovative collaborative environment.
To save time applying Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.
Who were looking for
The Manager Commercial Credit Risk is responsible for developing and implementing policy and procedure to align the Banks Credit Risk Appetite with its strategic vision and regulatory requirements. This position also plays an integral and leading role in the pursuit and structuring of new and expansion of existing credit business as well as the approval monitoring measurement and evaluation of the portfolio and the identification and mitigation of credit risk for the Bank.
What youll be doing
Credit Environmental and Collateral Decisioning:
Authority for Commercial Loans up to $35MM.
Evaluation of the Credit Criteria Loan Structure Documentation Loan Agreements Covenants and Collateral necessary to decision credit requests.
Review and approval of Real Estate Appraisals and interaction with internal and external attorneys and/or appraisers to determine the adequacy and acceptability of appraisals.
Review and approval of Environmental Site Assessments and interaction with internal and external attorneys and/or environmental service providers to determine the adequacy and acceptability of appraisals.
Credit Policy
Write maintain update implement and enforce the Banks Commercial Credit Policies Guidelines Procedures and Limits to:
Ensure adherence to regulatory guidance and Safety and Soundness principles and respond to and address Regulatory Review recommendations and requirements.
Provide necessary guidance for acceptable levels of Credit Concentration Collateral Documentation and Obligor Risk.
Ensure that they integrate with and support the Banks ERM and strategic Business objectives and align with Toyotas Domestic lending strategy.
Credit Evaluation Measurement Monitoring and Reporting:
Manage the coordination of Sales Underwriting Operations Legal Compliance and Risk facilitating credit needs of customers whether through new requests modifications or annual reviews / renewal for Dealer Commercial Credit and Community Reinvestment Act conquests and expansion of existing relationships from introduction through approval and loan closing.
Ensure adherence to Bank policy standards for structure collateral financial condition risk rating and covenants during origination underwriting approval and documentation.
Establish monitoring standards and requirements of data for new and existing loan originations and renewals and coordinate Bank and TMCC Information Technology DnA Analytics Dealer Lending and Special Assets Business Units to ensure integrity timeliness and use of data to support the Banks strategic Sales and ERM objectives and to provide support for Internal Audit Independent Auditor and Regulatory examinations.
Responsible for the day-to-day monitoring activities to include the accuracy of risk ratings the quality and efficiency of the credit monitoring activities enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk minimize losses and assign an accurate risk rating.
What you bring
Miscellaneous scheduled and ad hoc efforts related to directives and initiatives from various Bank Committees and Business Units and vendors.
Preparation Presentation and Resolution for Board of Directors Board Risk Committee and TFSB Credit Committee:
Accumulation and interpretation of required data and coordination between other areas within Risk Operations Compliance and Sales to create the necessary presentations for Board and Bank Committees as scheduled and ad hoc.
Present to and engage with Board and Committee members regarding content of presentation status and outlook of portfolio and any special requests or directives from either.
Lead resolution/response and completion of Board and Committee inquiries requests and directives as required.
May attend calls with clients with sales in order to gain a thorough understanding of the client / prospect and their business in order to effectively assist in new requests annual reviews renewals and ongoing monitoring activities.
What you bring
Bachelors degree required
5 years of relevant work experience (in a similar field and/or industry)
3 years leading commercial lending process redesign initiatives
Demonstrated ability to identify broader business risks to influence change and encourage continuous improvement.
People leadership experience with proven ability to grow develop and inspire a team
Microsoft Products Word Excel PowerPoint etc.
Added bonus if you have
Advanced degree preferred (MBA or CPA)
Experience in a Federally regulated banking environment.
Experience in Captive Automotive lending specifically Commercial lending.
What well bring
During your interview process our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:
A work environment built on teamwork flexibility and respect
Professional growth and development programs to help advance your career as well as tuition reimbursement
Team Member Vehicle Purchase Discount
Toyota Team Member Lease Vehicle Program (if applicable)
Comprehensive health care and wellness plans for your entire family
Toyota 401(k) Savings Plan featuring a company match as well as an annual retirement contribution from Toyota regardless of whether you contribute
Paid holidays and paid time off
Referral services related to prenatal services adoption childcare schools and more
Tax Advantaged Accounts (Health Savings Account Health Care FSA Dependent Care FSA)
Relocation assistance (if applicable)
Belonging at Toyota
Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10 different Business Partnering Groups across 100 different North American chapter locations that support team members efforts to dream do and grow without questioning that they belong.
Applicants for our positions are considered without regard to race ethnicity national origin sex sexual orientation gender identity or expression age disability religion military or veteran status or any other characteristics protected by law.
Have a question need assistance with your application or do you require any special accommodations Please send an email to .
Required Experience:
Manager
Employment Type
Full-Time
