Credit Risk Reporting Specialist

Company Overview:

Peapack Private Bank & Trust is a well-recognized high-performing boutique bank and a leader in wealth lending and deposit solutions. We provide a broad range of sought-after products and services designed to help our clients establish maintain and grow their legacy through an innovative approach to private banking.

What makes Peapack Private different from our competition As an institution with over 100 years of history we have always believed in putting the well-being and needs of our employees and clients first. We are proud to be recognized by American Banker for the eighth consecutive year as one of the nations Best Banks to Work For. Our secret sauce in a word is our culture.

We value a diverse equitable inclusive and safe workplace. Our one-team culture goes to great lengths to show all employees that they are valued members of the organization. We treat one another like family and communicate across the Bank in a transparent and frequent manner respect and consider feedback from all levels and operate with a philosophy grounded in hospitality and genuine human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness Employee Fun Diversity & Inclusion or Environmental Awareness) to participating in community service activities through our Volunteerism outreach to joining LIFT (Leading Inspiring Females Together) a committee focused on enriching the lives of women. Simply put our culture is amazing.

Position Overview:

This role is critical in supporting the Banks credit risk oversight function by delivering comprehensive timely accurate and insightful credit risk reports to senior management the board regulators and other stakeholders. The ideal candidate will possess strong technical and analytical skills be detail-oriented along with an understanding of banking regulations and credit risk exposures.

This position plays a key role in the development and enhancement of enterprise-wide credit risk reporting and governance and is an essential contributor to the development and maintenance of the banks risk management strategy.

Key Responsibilities:

• Prepare and maintain regular and ad-hoc credit risk reports dashboards and analytics for executive management board committees internal auditors regulatory agencies and other relevant stakeholders.
• Aggregate and analyze loan portfolio data to identify trends exposure concentrations and emerging risks across commercial consumer and real estate portfolios.
• Monitor and report on key credit risk metrics such as portfolio quality portfolio mix risk rating migration risk tolerance delinquencies charge-offs recoveries and loan growth.
• Support stress testing and scenario analysis processes ensuring accuracy and consistency in inputs and results.
• Collaborate with Credit Administration Finance Compliance and other departments to gather and reconcile data.
• Assist with development and automation of risk reporting processes using Power BI and other relevant tools.
• Maintain and enhance reporting controls and documentation ensuring compliance with internal policies and regulatory expectations (e.g. FRB and NJDOBI).
• Contribute to the continual improvement of data governance quality and credit risk data infrastructure.
• Stay informed of and updated with industry trends regulatory developments and best practices in credit risk and data reporting.

Qualifications:

• Bachelors degree in Finance Economics Accounting Statistics Data Analytics or related field. Masters degree or MBA preferred.
• 3 years of experience in credit risk reporting credit analysis or risk management within a banking or financial services environment.
• Experience working at a bank with total assets between $10 and $25 billion is strongly preferred.
• Proficiency in Microsoft Excel PowerPoint and Power BI.
• Familiarity with core banking systems and loan data structures.
• Strong knowledge of credit risk metrics and regulatory credit risk requirements (e.g. CECL CCAR/DFAST).
• Strong analytical and quantitative skills with attention to detail and accuracy.
• Excellent written and verbal communication skills with the ability to convey complex concepts to non-technical audiences.
• Ability to manage multiple priorities and meet deadlines in a dynamic environment.

Benefits Overview:

We offer a competitive compensation package a generous paid time off program comprehensive medical dental and vision coverage maternity/paternity leave education reimbursement wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.

The approximate pay range for this position is $72653 -$83000 plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge skills and abilities as well as geographic location.

Note: Incentives and/or benefits packages may vary depending on the position.

Required Experience:

IC