gpac
Overview
Join to apply for the
Risk Officer
role at
gpac Minneapolis, MN Responsibilities
Monitor and manage credit risk for the bank's loan portfolio and promptly advise senior management of any changes in the trends (rating migration, delinquency, collateral, concentration, disruptors, KRIs, originations) Responsible for the development, execution, and management of reporting and analytical needs for Portfolio Credit Risk Management Prepare and assist in analyses including the quarterly ALLL analysis, portfolio stress testing, concentration management analysis, industry and market trends outlooks, and other information including economic updates, emerging risks, and changes to the overall portfolio Apply sensitivity analysis, stress testing, market trend, and other analytical methodologies to anticipate credit trends or deterioration and obtain insights into portfolio performance and market opportunities to identify and mitigate potential credit exposure Review credit risk and reward strategy changes of selected portfolios and provide management recommendations to optimize risk-return characteristics, including risk-based pricing Review and challenge business units' credit risk and portfolio strategies and provide feedback on new or significant enhancements to products or services that have credit risk Identify potential systemic problems in the life cycle of credit from origination, underwriting, documentation, and problem loans, including changing market conditions Review risk assessments and annual loan reviews, evaluating the financial position of borrowers through financial/cash flow analysis and applying credit/regulation Evaluate the activities of lending personnel for compliance with lending policies and the quality of loan approval, monitoring, and risk grading Evaluate the credit risk of the loan portfolio across all lending departments and products through sampling of new production, seasoned loans, and marginal and criticized loan reviews Recommend appropriate loan risk grades or adverse classifications for loans with well-defined weaknesses Review the Bank's Watch List monthly and ensure risk ratings are appropriate and changes made through the auto-rater function as necessary Discuss deficiencies and corrective actions with loan officers and managers, including time frames for correction Manage risk presentations for senior management that include portfolio activities, analytics of risk, performance, and opportunities; ensure data quality of monthly and quarterly reports to Senior Management, Committees, and the Board Lead analytics development and advanced visualization to assist with portfolio credit risk surveillance, including loss forecasting, loan mix management, risk appetite management, collections strategy, and KPI/KRI reporting Develop automation solutions within the risk and analytics function and explore new data sources for decision-making Track policy exceptions to understand credit portfolio risk and provide feedback for Lending Policy and Underwriting enhancements Develop and coach a team of credit analysts to ensure effective project delivery and support the bank's strategic objectives Assist Lending Managers and the CCO with lending activity and portfolio condition reporting; respond to requests from auditors, external loan review vendors, and regulatory agencies Develop internal loan review procedures to evaluate credit administration and manage the loan review program scope Serve as the point person for external loan review, audit, and regulatory exams Qualifications
Bachelor's degree in Business Accounting or Finance; MBA and/or CPA preferred Minimum of 5+ years of experience in credit risk portfolio management, credit administration, loan review, regulatory/examination, and/or credit analysis Strong data analysis experience within the financial services industry Analytical and critical thinking skills; ability to understand and convey concepts; ability to deal with ambiguity; computer proficiency In-depth knowledge of portfolio management practices; credit administration; loan underwriting standards Excellent oral and written communication skills for reporting to bank personnel at all levels and regulatory examiners Extensive periods of sitting and keyboard work; ability to communicate in person and over the phone; occasional standing and walking All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any status protected by applicable laws or regulations.
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Join to apply for the
Risk Officer
role at
gpac Minneapolis, MN Responsibilities
Monitor and manage credit risk for the bank's loan portfolio and promptly advise senior management of any changes in the trends (rating migration, delinquency, collateral, concentration, disruptors, KRIs, originations) Responsible for the development, execution, and management of reporting and analytical needs for Portfolio Credit Risk Management Prepare and assist in analyses including the quarterly ALLL analysis, portfolio stress testing, concentration management analysis, industry and market trends outlooks, and other information including economic updates, emerging risks, and changes to the overall portfolio Apply sensitivity analysis, stress testing, market trend, and other analytical methodologies to anticipate credit trends or deterioration and obtain insights into portfolio performance and market opportunities to identify and mitigate potential credit exposure Review credit risk and reward strategy changes of selected portfolios and provide management recommendations to optimize risk-return characteristics, including risk-based pricing Review and challenge business units' credit risk and portfolio strategies and provide feedback on new or significant enhancements to products or services that have credit risk Identify potential systemic problems in the life cycle of credit from origination, underwriting, documentation, and problem loans, including changing market conditions Review risk assessments and annual loan reviews, evaluating the financial position of borrowers through financial/cash flow analysis and applying credit/regulation Evaluate the activities of lending personnel for compliance with lending policies and the quality of loan approval, monitoring, and risk grading Evaluate the credit risk of the loan portfolio across all lending departments and products through sampling of new production, seasoned loans, and marginal and criticized loan reviews Recommend appropriate loan risk grades or adverse classifications for loans with well-defined weaknesses Review the Bank's Watch List monthly and ensure risk ratings are appropriate and changes made through the auto-rater function as necessary Discuss deficiencies and corrective actions with loan officers and managers, including time frames for correction Manage risk presentations for senior management that include portfolio activities, analytics of risk, performance, and opportunities; ensure data quality of monthly and quarterly reports to Senior Management, Committees, and the Board Lead analytics development and advanced visualization to assist with portfolio credit risk surveillance, including loss forecasting, loan mix management, risk appetite management, collections strategy, and KPI/KRI reporting Develop automation solutions within the risk and analytics function and explore new data sources for decision-making Track policy exceptions to understand credit portfolio risk and provide feedback for Lending Policy and Underwriting enhancements Develop and coach a team of credit analysts to ensure effective project delivery and support the bank's strategic objectives Assist Lending Managers and the CCO with lending activity and portfolio condition reporting; respond to requests from auditors, external loan review vendors, and regulatory agencies Develop internal loan review procedures to evaluate credit administration and manage the loan review program scope Serve as the point person for external loan review, audit, and regulatory exams Qualifications
Bachelor's degree in Business Accounting or Finance; MBA and/or CPA preferred Minimum of 5+ years of experience in credit risk portfolio management, credit administration, loan review, regulatory/examination, and/or credit analysis Strong data analysis experience within the financial services industry Analytical and critical thinking skills; ability to understand and convey concepts; ability to deal with ambiguity; computer proficiency In-depth knowledge of portfolio management practices; credit administration; loan underwriting standards Excellent oral and written communication skills for reporting to bank personnel at all levels and regulatory examiners Extensive periods of sitting and keyboard work; ability to communicate in person and over the phone; occasional standing and walking All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any status protected by applicable laws or regulations.
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