Truist · 11 hours ago
Consumer Portfolio and Policy Risk Manager II
Raleigh, NC
Full-time
Onsite
Senior Level, Lead/Staff
12+ years expTruist is a financial services company, and they are seeking a Consumer Portfolio and Policy Risk Manager II. The role involves managing credit adjudication, credit policy, portfolio management, and loss forecasting within the Consumer Credit and Policy Management team, while providing leadership and oversight for assigned portfolio segments.
BankingFinanceFinancial Services
Responsibilities
Provide demonstrated credit risk management direction and leadership to assigned portfolio segments in order to achieve planned objectives and identify segment or regional risks and trends
Perform "forensic" credit analysis to identify outliers or early-stage issues with particular products, regions, and fulfillment centers
Tactically "attack" potential problems
This includes evaluating and monitoring consumer concentration risk and exceptions portfolio targets
Provide independent credit decision adjudication of large, complex, or exception-based transactions within the assigned portfolio segment and delegated lending authority
Perform portfolio segment analysis and review of potential targets or acquisitions, as required
Work closely with Business Unit (BU) leaders, Consumer Senior Credit and Policy Officer, and Manager to discuss these risks and trends and help develop corrective action plans
Review components of a consumer BU credit risk management processes within origination and servicing
Identify potential areas for improvement to credit risk management
Consider correlated risk issues that may contribute to credit risk
Consider credit risk practices and techniques utilized by other Bank lending groups, industry peers, and vendor best practices
Act as the catalyst for credit risk improvement
Ensure sound and efficient risk management techniques are implemented and maintained in key portfolio risk functions e.g. portfolio administration, risk mitigation/fraud and default management
Consider credit risk practices and techniques utilized by other Bank lending groups, industry peers and vendor best practices
Provide expertise/membership/leadership in various key credit functions/committees (Asset Quality meetings, Business Unit Risk Committees, Consumer Credit Working Group, Truist Risk Appetite framework)
Engage directly with external Mortgage Investors/Insurer to ensure compliance with underwriting and credit requirements
Communicate expectations relating to quality, profitability, and growth of the portfolio segment including participation in the approval and monitoring of pricing strategies as directed
Help to instill the Truist credit culture
Raise the awareness of key risk management issues to teammates, management; monitor, evaluate and influence regional execution
Serve as an educational resource for credit training
In conjunction with the BU and Consumer Credit Risk and Policy Management, ensure that new or revised product offerings, product delivery, and refinements are consistent with Bank's prescribed risk appetite
Provide analytical and intuitive feedback as to product guidelines and parameters based on performance study and industry data
Oversee the credit review process in the BUs; monitor a limited targeted sample of loan approvals as necessary via loan underwriting and review forums
Monitor lender, dealer, correspondent, or underwriter scorecards that are used to monitor loan quality and certain performance indicators for each lender
Monitor problem assets of assigned segments (delinquent loans, non-performing assets and charge-offs) to limit credit losses through regular communication with loss mitigation teams and Default Management
Perform process and policy review related to key origination, servicing, and default/loss mitigation activities of the consumer portfolios
Write, review, and recommend for approval loan origination, servicing, and credit-related policies prior to submission to Manager and Consumer Senior Credit and Policy Officer, and ultimately Credit Risk Program Committee
Monitor peer and industry developments related to retail lending, compliance, analytics and technology, and make recommendations for enhancements to credit policies, procedures, and partner with the BU in the development and implementation of new and revised credit policies and procedures; direct their review and approval by the appropriate committees
Interact with outside bank examiners, internal and external auditors and other external parties to provide necessary information regarding Bank's retail lending portfolio/segments
Qualification
Required
Bachelor's degree in business; MBA preferred, or equivalent education and related training
12 years of credit related experience including complex lending structures, documentation skills, modeling skills and problem loan experience
10 plus years of related experience, including consumer, small business, credit card, mortgage and wealth
Consumer risk and regulatory knowledge
Superior ability to think strategically, multi-task, and drive change
Strong quantitative, governance and analytic abilities
Strong decision-making capability
Strong leadership, partnership and management skills
Demonstrated excellent problem solving
Strong verbal and written communication skills
Preferred
5 plus years of related experience with Mortgage Investor/Insurer (GSE, HUD, VA, USDA) Underwriting Requirements
15 plus years credit related experience
Master's degree in business administration, finance or accounting
Graduate of industry banking school(s)
Member or in a leadership position with an industry professional association
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
Vacation
Sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist 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 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
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