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ING Hubs Poland · 3 weeks ago

Vice President - Credit Risk Review

New York

Full-time

Hybrid

Senior Level, Lead/Staff

$178K/yr - $225K/yr

12+ years exp

ING Financial Services LLC is part of ING’s Wholesale Banking division, which offers a variety of financial products and services to corporate and institutional clients. The Vice President of Credit Risk Review is responsible for executing effective challenges to credit risk management practices and conducting individual obligor and portfolio reviews while collaborating with credit risk managers.

AppsInformation TechnologyPaaSSoftware

Responsibilities

Balance collaborative engagement with 1st and 2nd LoD credit risk managers and effective, credible challenge of practices

Willing and able to develop credit risk management opinions that appropriately and successfully challenge the status quo

As SME, undertake Risk Assessments and Continuous Monitoring to review assigned portfolios, independently identifying the credit risk profile and anticipated changes, while also evaluating compliance with internal policies and regulatory expectations

Develop and refine sector and/or product-type expertise and perspective to support credibility of the CRR challenge to 1st and 2nd LoD credit risk managers

Execute Target Reviews/Examinations of individual obligors for alignment with bank credit risk standards including accurate and timely credit risk rating designations

Initiate Issue Validation Reviews to evaluate the effectiveness of management’s remedial actions to address CRR-identified formal issues

Consistently collaborate with CRR team members to reach balanced and well-informed judgments including potentially providing intra-team quality control

Lead or assist with special projects as needed (e.g., CRR enhancement, credit risk postmortem, etc.)

Qualification

Wholesale credit risk managementU.S. bank regulatory risk ratingsCredit risk assessmentsEffective communicationCollaborative mindsetContinuous improvementData management aptitudeBank regulator experienceGraduate DegreeChartered Financial AnalystProblem-solving

Required

12-year experience with wholesale credit risk management

Extensive experience with assignment of U.S. bank regulatory risk ratings

Effective communication skills for presenting credit opinions and concerns challenging risk owners and managers

Experience with one or more of the following industries / product types: Asset Based Lending, Asset Securitizations, Commercial Real Estate, Energy/Power, Funds Finance, Leveraged Lending, Mining, & Project Finance

Experience effectively challenging decision makers

A collaborative mindset with a focus on problem-solving and continuous improvement

Education – Undergraduate Degree