ING Americas · 1 week ago
Director - Credit Risk Review
NYC Metro Area
Full-time
Hybrid
Senior Level, Lead/Staff
$216K/yr - $273K/yr
10+ years expING Americas is part of the Wholesale Banking division offering innovative financial products and services to corporate and institutional clients. The Director of Credit Risk Review will collaborate with the Head of Credit Risk Review to challenge credit risk management practices and oversee CRR teams, ensuring high-quality evaluations and compliance with standards.
Financial Services
Hiring Manager
Anne-Marie Peacock
Responsibilities
Collaborate with the CRR HoD to implement and continuously evolve the strategic vision for the function including the refinement of policies, frameworks, and methodologies
Promote culture of collaboration, high performance and continuous improvement through behavior and engagement
Balance collaborative engagement with 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 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
When acting as RIC, evaluate work of CRR team members to ensure high-quality and consistent outputs, undertaking primary evaluations of credit exposures and portfolios as necessary
Initiate Issue Validation Reviews to evaluate the effectiveness of management’s remedial actions to address CRR-identified formal issues
Act as a senior escalation point for complex or contentious reviews, providing balanced and well-informed judgments
Lead or assist with special projects as needed (e.g., CRR enhancement, credit risk postmortem, etc.)
Qualification
Required
Undergraduate degree
10+ years of experience with wholesale credit risk management
Extensive experience with assignment of U.S. bank regulatory risk ratings
Effective communication skills for presenting complex ideas to diverse stakeholders
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
Demonstrated experience with effectively challenging decision makers
A collaborative mindset with a focus on problem-solving and continuous improvement
Preferred
Bank regulator/examiner experience
CRR team membership experience
Education – Graduate Degree or Chartered Financial Analyst Accreditation
Benefits
Comprehensive health benefits
Generous 401k savings plan
Competitive PTO
Adoption, surrogacy, and fertility services
Student debt assistance
Subsidies for expenses associated with commuting and fitness
Company
ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets and advisory products and services in the U.S.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Eduardo Gonzalez Arellano
Americas Chief Data Officer / Data Protecion Executive (DPE), Global WB COO Executive Data Steward
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