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Credit Officer


This is a Full-time position in New York, NY posted April 28, 2021.

Firm Risk Management (FRM) enables company to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. 
You will collaborate with colleagues across FRM and the Firm to protect the Firm?s capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making.

Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm.

Department Profile
Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation.

The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Credit Officer, Chief Risk Officer & senior management.

CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.

Wealth Management (?WM?) provides a comprehensive array of financial services and solutions to individual investors and small to medium-sized businesses and institutions covering: brokerage and investment advisory services; financial and wealth planning services; stock plan administration services; annuity and insurance products; securities-based lending, residential real estate loans and other lending products; banking; and retirement plan services.  
Primary Responsibilities
The U.S.

Banks Enterprise Risk and Governance Team is responsible for managing reputation, strategic and concentration risk, managing the Banks?

Risk Governance Framework, Board reporting and regulatory management.

The Enterprise Risk and Governance ?

Vice President role is focused on managing the Banks?

Risk Governance Framework as well as establishing regulatory and risk management processes.  
The role offers an opportunity to work closely with stakeholders across Firm Risk Management, Wealth Management and as well as with other stakeholders that support the U.S.


The responsibilities include:
Manage the Risk Governance Framework Policies & Procedures Manage the US Banks Board Risk Committee and other relevant committees Draft policies and procedures as required Lead and manage the Wealth Management and US Banks Risk Identification processes Lead and manage the Risk Assessment process Identify and develop solutions for emerging risks and areas of focus Lead projects and coordinate ad-hoc requests Establishing and maintaining relationships with key stakeholders
Skills Required
10+ years of full-time enterprise risk management, governance and/or regulatory experience in the financial services industry Bachelor degree or equivalent, ideally in Finance, Economics, Law or similar Business writing experience, with particular emphasis on policies, standards, guidelines etc.

Strategic thinker with the confidence to take ideas forward and to challenge others, where appropriate Understanding of banking regulation relating to risk management Strong organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines; Excellent communication skills, both verbal and written; ability to produce concise and effective presentations Ability to work in a small team environment, building and maintain a network of contacts and coordinating with a large number of stakeholders Experience in management by influence, facilitating and gaining consensus Strong proficiency with PowerPoint, Excel etc.