Location: Oregon,IL, USA
Senior Vice President, Credit Evaluation & Decisioning Full timeLead development, implementation and monitoring of credit risk strategies to optimise risk-reward trade-off.Main responsibility is risk identification and risk mitigation during credit assessments to ensure long term asset quality and minimise loan losses.Job would require active engagement with business/credit risk taking units and other internal stakeholders.Jobholder will be vested with credit approving authority for a designated portfolio comprising corporate customer groups.Identify material issues which could cause deterioration in customer credit profile and recommend mitigation/preemptive actions to avoid impairment.Ensure timely completion of credit evaluation and assist business units in suggesting risk mitigating terms during evaluation of credit proposals.Mediate differences in view between direct reports and business units to achieve an optimal proposition for client, balancing both risk and business needs.Attend client presentations and meetings to ‘Know Your Customer' and understand business operation and risks to aid in risk evaluation and decision making.Maintain market awareness to be vigilant of trends affecting existing and future credit exposures.Have an overview of the portfolio managed.Manage and monitor work by direct reports to ensure risk evaluation is done appropriately to aid decision making.Recommend/support and share accountability of credit evaluation made by direct reports and employees within the unit, when necessary.Review and sign off credit ratings submitted by the business units and, where appropriate, recommend upgrades or downgrades in credit rating.Exercise delegated credit approving powers within authorised limits/parameters, when necessary.Contribute views on credit-related issues during “client service team” discussions, product readiness assessments process and formulation of internal risk policies.Archive financial performance through assessment of risk/reward relationship when making business decisions, demonstrating particular consideration for the Group's safeguarding by applying sound ethical judgement regarding business practices.Adhere to Risk and Compliance matters to the spirit and letter of regulations, internal policies and GRAF within own areas and teams, e.g., AML/CFT, adherence to compulsory leave, compulsory training, timely CMR and KRI submissions.Provide effective leadership to maintain high levels of staff engagement.Ensure staff develop strong credit skills and accounting knowledge that will facilitate sound credit recommendations and/or decisions.Identify successors within the unit and drive the development of potential successors to ensure their readiness to assume targeted key positions.Drive the need for all employees within the unit to have their own individual development plans to facilitate an environment for knowledge and skills development.Job RequirementsBachelor's Degree in Finance/Accountancy/Economics or related field; ORPost-Graduate Diploma in Banking OR relevant professional qualification e.g., ACCA, CFACertified Credit Professional or equivalent recognised by AmBank GroupMinimum 12 years' credit experience in corporate credit with exposure to capital markets.Experience in managing a team of subordinates in a related work environment.Exposure in marketing/client coverage will be an advantage.Strong communication and influencing skills.#J-18808-Ljbffr