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Alliant Credit Union · 5 hours ago

Director, Credit Risk

Chicago, IL

Full-time

Hybrid

Senior Level, Lead/Staff

$149K/yr - $216K/yr

10+ years exp

Alliant Credit Union is seeking a Director of Credit Risk to oversee strategic leadership and direction of their credit and financial risk program. The role involves guiding a team using data-driven insights to manage risk programs and providing effective challenge on risk-return trade-offs across lending portfolios.

Financial Services

H1B Sponsor Likely

Responsibilities

Execute a robust second-line credit risk management oversight framework encompassing lending products

Ensure lending activities are compliant with the credit union's risk appetite as it pertains to asset quality, returns and capital

Lead the development and execution of lending portfolio reports for the board of directors, executive team and internal governance committees

Execute a second-line financial risk management program encompassing interest rate risk and liquidity risk

Lead development and execution of ongoing reporting on financial risks to the board of directors, executive team and internal governance committees

Lead a team to use data and analytics to develop analytical frameworks and strategies for loan origination strategies, loss forecasting, capital planning and CECL

Review business usage of origination risk factors and provide effective challenge to underwriting criteria and loan product pricing within the risk appetite

Provide sound risk guidance, interpretation and forecasting based on quantitative facts and sound judgment

Analyze second line mortgage & consumer loan portfolio performance and evaluate the profitability of new originations across managed portfolios, factoring in risk adjustments

Oversee second line credit risk analytics, such as loan origination strategy, economic capital setting, credit loss modeling and mitigation, CECL implementation

Provide oversight and support to collections to enable sound collection strategies and collaborate with data governance to improve and enhance the data infrastructure quality

Develop periodic reports for audit and regulatory compliance and assist with ad hoc requests

Develop and refine credit policies and procedures to support risk and regulatory changes while fostering relationships across different teams, such as first line credit risk, lending product, collections finance, and compliance

Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals

Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities

Responsible for hiring, performance management, discipline and problem-resolution decisions

Qualification

Credit risk analyticsData-driven insightsQuantitative financePeople managementAnalytical frameworksRegulatory complianceRisk managementTeam leadership

Required

Bachelors Degree - Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science or Related - Minimum

10 Years - Credit risk analytics within financial services environment or related - Minimum

3 Years - People Management - Minimum

Preferred

Graduate Degree - Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science or Related - Preferred

Benefits

Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.

Work from home up to 3 days a week

Paid parental leave

Employee discount programs

Time off including paid personal and sick days

11 paid holidays

Education reimbursement

Company

Alliant Credit Union

Alliant Credit Union is an Illinois-chartered credit union.

Founded in 2017

Des Plaines, Illinois, USA

501-1000 employees

http://www.alliantcreditunion.org/

H1B Sponsorship

Alliant Credit Union has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (6)

2024 (4)

2023 (11)

2022 (3)

2021 (4)

2020 (1)