Fifth Third Bank
TELECOMMUTE – OH
Credit Risk Manager II-Remote Opportunity
LOCATION — Virtual, Ohio
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Individual is responsible for managing the development and execution of the Credit Risk Review (CRR) Continuous Review program for assigned Commercial line of business unit(s).
Primary components of the CRR Continuous Review program include
(i) the critical and independent evaluation of the accuracy and effectiveness of credit risk management processes across the Bancorp through an assessment of risk identification/rating, underwriting, new origination, borrower selection and portfolio management practices; compliance with Bancorp loan policies, procedures and applicable laws and regulations; problem asset administration and loan impairments/charge-offs;
(ii) a review of credit quality and related trends on a portfolio, industry sector and/or product basis; and
(iii) the identification of emerging risks. Attend (as required) regular meetings with first and second line senior business leaders and personnel, regulators and external auditors.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Display an advanced understanding and technical proficiency in all pertinent lending and credit risk topics, Bank policies and procedures, and risk monitoring and mitigation practices for assigned areas of responsibility.
Maintain awareness of general economic conditions, industry trends and product specific issues. Display an advanced working knowledge of pertinent regulatory issues and sound lending practices and their relative impact on credit risk. Assist CRR management team in ensuring CRR meets regulatory heightened standards expectations.
Demonstrate the ability to analyze and assess credit risk in complex Commercial or Consumer borrowers and portfolios and adequately support all conclusions.
In conjunction with CRR leadership team, establish risk-based business plans for assigned areas of responsibility and update as necessary throughout the year. Identify, elevate and promptly address variances to plan. Assist in ensuring CRR procedures remain current and correctly reflect actual/desired practices.
Complete all aspects of required continuous review activities for assigned portfolios with minimal supervision and in accordance with CRR procedures, deadlines and performance/financial plan objectives. Serve as project manager and/or participate in horizontal, targeted and other portfolio review activities. Act as a resource and aid in the development of more junior CRR team members.
Present CRR activities and results (as required) at regular meetings with first and second line senior business leaders and personnel, regulators and external auditors. Complete or assist in the preparation and dissemination of all related and required quarterly/ annual summaries of results in an accurat…
Accounting & Finance , Banking , Risk Management