Consumer Banking Group Credit Risk Portfolio Manager

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Job Description:

At Regions the Consumer Business Unit Credit Risk Portfolio Manager develops strategic and tactical recommendations that enhance Consumer Lendings ability to increase profitability while managing overall portfolio credit and financial risk. This position identifies measures mitigates monitors and reports on consumer loan portfolios (e.g. mortgage home equity consumer indirect-vehicles indirect-other) from the first line perspective. This position requires the ability to analyze communicate and support the implementation of strategic solutions that focus on the best interest of customers shareholders and communities served.

Primary Responsibilities

• Evaluates organizes and interprets data and information to formulate opinions to report to senior/executive management
• Recommends strategies to improve loan performance and report key risks and emerging trends through identification of proactive risk mitigation and origination strategies and collaborates with Financial Risk on strategies to mitigate risk through either the Risk Appetite Framework Concentration Framework or through changes in Credit Policy
• Develops action plans to address potential risks and breaches including the Risk Appetite and Concentration Frameworks
• Researches and reports on key credit and emerging risks and develops action plans to address issues
• Serves and acts as the business groups credit subject matter expert for regulatory product procedure and corporate policy initiatives
• Serves as the business groups Credit and Financial risk liaison and provides input into the determination of risk metrics concentration limits credit policy and key risk assumptions
• Collaborates with Financial Risk on both the design and overlay process across stress testing models within Consumer and Small Business portfolios
• Provides business representation and lead discussion on key committees working groups and other forums; lead cross-functional working groups as needed
• Assists in driving a continuous improvement approach to making appropriate recommendations for change to gain efficiencies and ensure the effectiveness consistency and relevance of risk processes
• Is an active participant in business reviews and other forums to highlight areas of emerging risk and overall Credit trends
• Coordinates with the fraud and credit teams to ensure effective strategies are in place to mitigate first party fraud across lending and deposit products and provides trends to product managers
• Builds comprehensive datasets from various source and reporting systems for the use in in-depth portfolio analysis and performance monitoring
• Assists with the training and development of less experienced members of the team

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

• Bachelors degree in Finance Economics Business or related field
• Eight (8) years of credit risk portfolio management or financial analysis experience
• Broad knowledge of the product lifecycle: origination strategy performance management and collections
• Experience coordinating cross-functional workstreams or project management experience

Preferences

• Masters Degree or Professional Certification (e.g. Chartered Financial Analyst (CFA) Financial Risk Manager (FRM))
• Five (5) years of experience working directly with credit risk in consumer products
• Experience with data visualization tools (i.e. Power BI Tableau)
• Basic understanding of quantitative measures of credit performance (e.g. PD/LGD/EL/EC LEE)

Skills and Competencies

• Ability to evaluate synthesize organize and interpret data and information
• Ability to exercise good judgment employ reasoning skills exert positive influence and work independently
• Ability to manage multiple priorities simultaneously
• Ability to provide direction in underwriting requirements and origination automation strategies
• Demonstrated leadership capabilities
• Excellent verbal and written communication skills
• Knowledge of quantitative analysis and static pool analysis
• Proficiency in Structured Query Language (SQL) Statistical Analysis Systems (SAS) or Python
• Strong technical skills basic programming and statistical concepts
• Understanding of consumer loan products industry changes regulatory requirements and banking laws

Additional Job Description:

This senior Credit Manager position serves as the primary lead for all Mortgage and Home Equity credit risk matters within the business group.

Additional Preferred Experience:

• 5 years of mortgage credit risk or realestate lending experience
• Proven analytical skill set with ability to interpret large datasets and drive insights
• Demonstrated ability to identify and mitigate operational risk within mortgage processes
• Strong command of mortgage credit guidelines QC/QA practices and regulatory requirements (i.e. ATR/QM TRID ECOA UDAAP etc.)
• Proficiency in Excel; working knowledge of SQL/SAS/Python/Power BIpreferred
  Strong communication skills for risk reporting and crossfunctional collaboration

Regions will not sponsor applicants for work visas for this position. Applicants for this position must be currently authorized to work in the United States on a full-time basis.

Location options include: Birmingham AL Atlanta GA or Charlotte NC.

Position Type

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

DetailsRegions Center

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