Senior Manager - Credit Risk and Analytics
Company: Disability Solutions
Location: Lancaster
Posted on: May 4, 2024
Job Description:
Value PropositionOur values define us and our inspires us to Our
employees are the heart and soul of our company, and every success
we experience begins with them. Together we are committed to making
a positive impact in our We champion a culture of and . We promote
a digitally enabled work environment to continuously enhance the
experience of our OverviewThis role exists to ensure effective
oversight of the organization's credit quality and risk management
practices. By assisting the Chief Credit Officer (CCO) in reporting
to the board and credit risk committee, performing stress testing,
setting loan concentration limits, and overseeing the Current
Expected Credit Loss (CECL) process, this role helps mitigate
financial risks, comply with regulatory requirements, and maintain
a healthy credit portfolio.Responsibilities
- Oversee the allowance and provision for loan and lease loss
while ensuring that controls are in place to consistently determine
the allowance is in accordance with Generally Accepted Accounting
Principles, the institution's stated policies and procedures,
management's best judgment, and relevant supervisory guidance.
- Manage the processes and people to ensure effective and
accurate ratings and treatment of troubled business loans, identify
and monitor behavior of bottom percentile of the small business
lending portfolio, gather behavioral characteristics of business
lending portfolio to improve triggers, and identify which accounts
need the most attention.
- Monitor credit portfolios and identify potential risk. Use
behavioral characteristics to determine likelihood of non accrual
and charge off status, monitor and manage credit concentrations
within the business lending portfolio, and oversee portfolio stress
testing and loan portfolio concentrations limits, setting the
limits as appropriate based on risk assessment.
- Manage and ensure that the bank's operating procedures and
information systems are adequate to enable management to comply
with laws, regulations and board established policies regarding
insider activities. Ensure that policies adequately address the
consequences of breaches of fiduciary duty, unethical conduct,
violations of law, or suspected criminal activity and contain
effective internal reporting mechanisms as well as suspicious
activity report filing processes. Periodically review insider
policies to ensure that they reflect any changes in laws or
regulations.
- Oversee management reports with the focus of identification of
credit risk by market, industry and commercial real estate
properties, line of business and loan segments. Oversee the Asset
Quality and Loan Policy Exception Reporting. Periodically review
insider policies to ensure that they reflect any changes in laws or
regulations.
- Adhere to written policies and procedures appropriate to the
institution's size and its lending activities' nature, scope, and
risk, and ensure the institution has adequate data capture and
reporting systems to supply the information necessary to support
and document its estimate of an appropriate allowance for loan and
lease loss.
- Develop monthly management report on asset quality by line of
business, industry and CRE property type for board and risk
committees.
- Monitor and respond to all audits. Participate in Credit Risk
Management Committee or related corporate risk oversight
committees. Complete departmental budget within approved budgetary
guidelines.
- Prepare reports on credit risk exposure, trends, and
performance for internal stakeholders, senior management, and
regulatory authorities while striving for continuous improvement on
data management and reporting.
- Effectively manage staff, provide guidance, coaching and
training resources, establish individual goals and objectives,
monitor volume, workflow and quality, and provide performance
feedback including annual performance appraisals. Conduct stay
interviews, and support staff with development opportunities.
QualificationsEducationBachelor Degree or the equivalent
experience. Specialty: Accounting. (Required)Experience10 or more
years managing asset quality and effective change management.
(Required)2 or more years implementing and/or executing CECL
methodology. (Required)2 or more years supervisory experience.
(Required)May assume leadership roles on corporate wide risk
committees.This role may perform other job duties as assigned by
the manager. Each employee of the Organization, regardless of
position, is accountable for reading, understanding and acting on
the contents of all Company-assigned and/or job related Compliance
Programs, regulations and policies and procedures, as well as
ensure that all Compliance Training assignments are completed by
established due dates. This includes but is not limited to,
understanding and identifying compliance risks impacting their
department(s), ensuring compliance with applicable laws or
regulations, and escalating compliance risks to the appropriate
level of management.Pay TransparencyTo provide greater transparency
to candidates, we share base salary ranges on all job postings
regardless of state. We set standard salary ranges for our roles
based on the position, function, and responsibilities, as
benchmarked against similarly sized companies in our industry.
Specific compensation offered will be determined based on a
combination of factors including the candidate's knowledge, skills,
depth of work experience, and relevant licenses/credentials. The
salary range may vary based on geographic location.The salary range
for this position is $132,400.00 - $220,600.00 annually. Additional
Compensation Components This job is eligible to receive equity in
the form of restricted stock units. This job is eligible to
participate in a short-term incentive compensation plan subject to
individual and company performance.BenefitsAdditionally, as part of
our Total Rewards program, Fulton Bank offers a comprehensive
benefits package to those who qualify. This includes medical plans
with prescription drug coverage; flexible spending account or
health savings account depending on the medical plan chosen; dental
and vision insurance; life insurance; 401(k) program with employer
match and Employee Stock Purchase Plan; paid time off programs
including holiday pay and paid volunteer time; disability insurance
coverage and maternity and parental leave; adoption assistance;
educational assistance and a robust wellness program with financial
incentives. To learn more about your potential eligibility for
these programs, please visit .EEO StatementFulton Bank ("Fulton")
is an equal opportunity employer and is committed to providing
equal employment opportunity for all qualified persons. Fulton will
recruit, hire, train and promote persons in all job titles, and
ensure that all other personnel actions are administered, without
regard to race, color, religion, creed, sexual orientation,
national origin, citizenship, gender, gender identity, age, genetic
information, marital status, disability, covered veteran status, or
any other legally protected status. Sponsorship StatementAs a
condition of employment, individuals must be authorized to work in
the United States without sponsorship for a work visa by Fulton
Bank currently or in the future.
Keywords: Disability Solutions, Lancaster , Senior Manager - Credit Risk and Analytics, Executive , Lancaster, Pennsylvania
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