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Credit Risk Manager
Location:
Seattle, WA
Description:
Salal Credit Union of Seattle, WA is looking to add a Credit Risk Manager to our Credit Risk Management team to help mitigate lending losses through the monitoring of internal controls , ongoing credit risk analysis , and independent oversight of the credit quality across the Credit Union's lending portfolio. The Credit Risk Manager is responsible for all credit quality aspects including compliance with regulatory requirements, and will recommend opportunities and resolutions for improved efficiency, effectiveness, and/or risk reduction for the portfolio. This person will also manage continuous enhancement of the Credit Union's lending policies and work with all lending departments to understand their goals and program direction to improve the policies and assess risk. The Credit Risk Manager position is eligible for a mostly remote schedule , but it does require some in-office work 1-2 days each month at our Northgate neighborhood office. This role plays a big part in our Credit Risk Management team, and their presence will be requested at monthly ALCO meetings and quarterly Loan Committee meetings. They may also need to be available to meet with regulators/auditors on-site during examinations. Position Requirements: The ideal Credit Risk Manager candidate would have at least five (5) years of experience in credit risk management within a financial institution. Experience with managing modeling, reporting, and analysis of loan portfolios to understand vulnerabilities within a lending program is required. Experience with credit analysis or underwriting of various lending programs or products including Commercial, Consumer, and Mortgage is desired but a candidate with a focus on one area that meets the other requirements will be considered. Strong ability to sift through multiple sources of data and analysis to create tailored, relevant, and material findings for credit risk mitigation and loan program improvement. Experience and familiarity with reserve management, specifically with ALLL management and/or CECL implementation and management. Experience using analytical tools like nCino and Tableau is desired. What you'll do as a Credit Risk Manager: Make recommendations for improved efficiency, effectiveness, and risk reduction for the loan portfolios. Review, analyze, and evaluate the credit risk management program by applying risk-based processing and reporting and your direct lending knowledge and experience. Lending policy and guideline management through annual reviews of lending policies. Ensure alignment with regulatory requirements, and the Credit Union's strategic goals. Audit underwriting process to ensure adherence with policy. Monitor and manage defined concentration levels for various loan segments. Forecast portfolio balance trends and advise on potential issues. Work with the VP of Credit Administration and CFO to manage Salal's loan portfolio and interest rate stress testing. Presenting findings and advise on risk improvement opportunities. Manage all aspects of Current Expected Credit Loss (CECL) for the Credit Union and communicate with regulators during examinations. Compensation and Benefits Offered: Competitive base salary of $99,688- 139,563 annually depending on experience. This range reflects the entire salary range for the position. Most candidates can expect to receive an offer with an annual salary between $113,500- 126,000 . Potential to earn additional compensation through our profit-sharing bonus program. This position qualifies for the Employee tier of the program with semi-annual payouts each totaling between 0-5% of annual salary. Comprehensive benefits including health, dental, and vision insurance. Our high deductible plan options include a health savings account (HSA) with annual company-paid contributions. Time off plans including vacation, sick, and holiday time. Tuition reimbursement 401(k) plan Monthly transportation subsidy And more! Expanded details about our benefit offerings can be found at: www.salalcu.org/careers ABOUT SALAL CREDIT UNION We have helped thousands of members manage their money by making bold, measured decisions to offer the right products to each person. Our mission is to break down financial barriers for the innovators in our community by offering good rates, low fees, and dedicated personal services. Beyond that, we are committed to giving 5% of our annual income to help people and causes in the communities we serve, because we know that many small actions, when added together, can make big impacts. Helping our employees build and achieve their career goals is equally important to us, and we are dedicated to fostering a positive work environment where they can thrive. We strongly prioritize their growth and development as well as their impact to the community so we can be an institution that our employees are proud to be a part of. Salal Credit Union strives to maintain a work environment free from discrimination where employees are treated with dignity and respect. Salal Credit Union does not discriminate on the basis of race, sex, gender identity, religion/creed, pregnancy, age, physical or mental disability, size or shape, marital status, national origin, genetics/genetic markers, military or veteran status, sexual orientation or any other characteristic protected by applicable laws. We adhere to these principles in all aspects of employment. We believe that by adhering to these policies we can cultivate a welcoming environment by embracing each individual's identities and abilities. To request a reasonable accommodation in order to complete your application or if you need this job announcement in an alternative format, contact the Talent Acquisition Team at XXXX@salalcu.org . If you do not have internet access, you may visit your local public library or any WorkSource location and use their computers. Salal Credit Union participates in E-Verify . Job Posted by ApplicantPro
Company:
Salal Credit Union
Posted:
January 25 on ApplicantList
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More About this Listing: Credit Risk Manager
Credit Risk Manager is a Executive Manager Job at Salal Credit Union located in Seattle WA. Find other listings like Credit Risk Manager by searching Oodle for Executive Manager Jobs.
Credit Risk Manager is a Executive Manager Job at Salal Credit Union located in Seattle WA. Find other listings like Credit Risk Manager by searching Oodle for Executive Manager Jobs.