Job Description
<strong>Overview</strong><span><span>This is a remote role that may be hired in several markets across the United States.</span></span> <span>This position will play a pivotal role in ensuring the effective management of credit administration processes within our lending divisions as they relate to deployment and adoption of risk rating models. This position will be part of team leading the deployment of risk rating models which are critical in maintaining compliance with regulatory standards, optimizing operational efficiency, and supporting credit risk management initiatives. This role serves as a resource and may provide a leadership role to specific workstreams and projects through knowledge in the area of specialization.</span><span> </span><span>Risk ratings deployment team is responsible for managing, cross-functional coordinating, and executing on the implementation of the dual risk rating framework across the Enterprise. This role will report to the Senior Director of Credit Risk Administration, and will help drive implementation, training, and adoption of new risk rating framework. The Risk Rating Implementation team will be responsible for leading the technical deployment, establishing governance, documentation, and delivering training and a change management program. The individual in this role will need to liaise across functional organizations with leaders to drive accurate risk ratings, scalable processes, and quick resolutions of issues. They will also be responsible for coordinating across modeling, technology, credit systems organizations and first line partners to ensure successful implementation and adoption and will need to work with Business risk officers to identify potential risks related to processes and systems.</span><span> </span><span>A successful individual in this position will have cross-functional skills including strong understanding of credit and risk management, project management and understanding of credit processes at a LFI, strong coding experience in Python or other scripting languages as well as inter-personal skills to build relationships across the enterprise with exposure to various stakeholders including senior credit officers, business teams, senior management and regulatory agencies</span> <br><strong>Responsibilities</strong><strong><span>Operational Support:</span></strong><ul><li><span>Understand the technical aspect of model framework and lead optimal code generation in the model execution software platform using Python.</span></li><li><span>Understand the full technical and data architecture and work continuously to improve the risk rating deployment solution and change management roll out of risk rating framework.</span></li><li><span>Supports credit administration business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials to educate on risk rating policies and procedures. Handles complex technical matters and participates in special projects.</span></li><li>Maintains current knowledge of developments in risk rating in the banking industry to keep staff informed of applicable practices and regulations. Monitors significant trends to determine if policy or strategic changes need to be made and implemented.</li></ul><strong><span>Oversight: </span></strong><ul><li><span>Oversee and enhance credit administration risk rating processes to ensure accuracy, completeness, and compliance with internal policies and regulatory requirements. Review and validate related documentation, including policies, procedures, user-guides, technical model documentation etc. as they relate to the use and application of risk ratings.</span></li></ul><strong><span>Risk Management:</span></strong><ul><li><span><span>Assess cr