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Regular or Temporary: Regular
Language Fluency: English (Required)
Work Shift: 1st shift (United States of America)
Please review the following job description:Manage the credit policy, portfolio management, loss forecast, and overall credit processes for the Truist Consumer Credit Portfolio. Responsible for Consumer credit portfolio performance across the corporation's consumer lending platforms.
- Achieving prudent growth within the Truist Credit Risk Appetite
- Providing independent credit adjudication leveraging quantitative credit models and judgmental decision making
- Establishing credit policies, procedures, processes, and standards to guide credit risk management execution.
- Provide oversight and serve as the Subject Matter Expert for CCAR overlays, CECL, ACL updates, credit loss forecasting, and various credit committees.
- Provide oversight and establish cutoff score acceptance criteria to Consumer business units leveraging origination and portfolio monitoring credit risk statistical models.
- Overseeing the First Line of Defense's identification, measurement, monitoring and assessment of current and emerging risks for consumer credit
Following is a summary of the essential functions for this job:
Oversight and effective challenge of first line in the evaluation of new product and/or portfolio risks.Involvement in and provide recommendations on stress testing process/capital adequacy, wholesale and consumer loss forecasting, risk appetite framework, asset quality metrics.Providing leadership for issue remediation activities across consumer businesses and assist in regulatory exams and requests.Provide leadership and strategic direction for consumer credit management to ensure the long-term objectives are appropriately balanced among quality, growth, and profitability.Ultimately responsible for the overall consumer credit adjudication processes including adjudication of exception approvals, portfolio acquisitions, and complex partnership arrangements.Develops and maintains consumer loan policies and procedures, including high standards for credit quality and guidelines around credit limits.Oversight and effective challenge to the first line on the development of new and existing consumer lending products for clients.Serve as the primary contact for Consumer Credit with third party assurance providers.Member of the Allowance for Loan and Lease Losses Committee, Credit Risk Program Committee, and Enterprise Credit Risk and Portfolio Management Committee.Guide the integration of risk and portfolio management best practices across the consumer product lines.Analyze concentrations, product mix/pricing, delinquency and loss trending, product optimization, originations, and portfolio performance.Establish and maintain concentration limits by portfolio and develop and maintain overall concentration limits for the entire consumer lending portfolio.Provide leadership in the development of consumer portfolio risk-based pricing models and loan loss models.Develop tools and metrics to identify ‘deviations from the norm” or potentially fast-growing high-risk segments in the consumer portfolio.Provide periodic loan review plans for the consumer loan portfolio.Ensure integrity in the establishment, updating and maintenance of the automated decision engines and custom credit models.Qualifications
Required Qualifications:
Bachelor's degree in Business; MBA preferred, or equivalent education and related training.Fifteen plus years of credit related experience including complex lending structures, modeling skills, credit policy and problem loan experience.Comprehensive risk and regulatory knowledge.Superior ability to think strategically, multi-task, and drive change.Strong quantitative, governance and analytic abilities.Strong decision-making capability.Significant experience in lending and client contact.Significant supervisory experience.Strong leadership, partnership, and management skills.Demonstrated excellent problem solving.Demonstrated leadership with the proven ability to communicate with various constituencies.Strong verbal and written communication skills.Preferred Qualifications:
Twenty plus years credit related experience.Master's degree in business administration, finance or accounting.Graduate of industry banking school(s).Serves as a board member or in a leadership position with an industry professional association.Truist supports a diverse workforce and is an Equal Opportunity Employer.
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