CREDIT RISK MANAGER jobs in Connecticut

CREDIT RISK MANAGER develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a CREDIT RISK MANAGER oversees the preparation of performance reports for management. May require a master's degree. Additionally, CREDIT RISK MANAGER typically reports to a head of a unit/department. The CREDIT RISK MANAGER manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a CREDIT RISK MANAGER typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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AVP, Credit Risk Review
  • OneTen
  • Stamford, CT FULL_TIME
  • Job Description:

    Role Summary/Purpose:

    Responsible for providing timely and effective insights to new and renewing Synchrony programs across various Synchrony business platforms. Validate key financial assumptions used by the Credit and Finance teams to determine ROI and ROA targets and review sensitivity cases for impact of assumption variation; Monitor 1st line Pipeline report of Renewals and New Opportunities to ensure timely Credit Risk Review insertion point in order to complete the Concurrent Risk Review Process.  Develop and maintain Credit Risk Review library of live deal challenge documentation. 

    Essential Responsibilities: 

    • Support Credit Review Leader(s) in performing independent assessments of credit reviews and soundness of proposals and binding investment review requests. 

    • Review new credit requests and renewals for validation of reasonable/appropriate Account and Sales Growth forecast, Loss Reserves, Expenses and Revenue Share Agreements, as well as the impacts of variations to the projected ROI/ROA. 

    • Ensure Internal stress test parameters are appropriately applied. 

    • Evaluate loss rate assumptions, partner health (SR/Credit ratings), risks and mitigants provided by the First Line Credit team. 

    • Assess reasonableness of forecasted account-holder, net credit sales and loss rates relative to appropriate benchmarks and/or historical performance. 

    • Review transactions for compliance with Risk Appetite Statement.

    • Review legal contracts to better understand the details of deal terms represented with in the investment review document.

    • Manage stakeholder relationship with Credit, Finance, Legal and Compliance teams. 

    • Perform periodic testing of ROI and ROA actual vs projected and report on variances. 

    • Participate in platform IRSC Working Group discussions for oversight of all deal activity. 

    • Participate in ad-hoc and special projects as applicable. 

    Qualifications/Requirements: 

    • Bachelor’s degree and 4 years of work experience in a Credit, FP&A, Capital Planning or Finance analytics role, or BLP program graduate with 2 years of work experience in Credit, Risk or Finance. 

    • In lieu of a degree, 7 years of experience in Finance or Accounting in Financial Services with 2 years’ experience in Commercial and/or Consumer lending. 

    • Exceptional MS Office skills (Excel, PowerPoint, Word) 

    • Experience with pricing models (FP&A) 

    Desired Characteristics:

    • Bachelor’s degree in finance or accounting 

    • Financial Services Industry experience 

    • Knowledge of stress testing policies and procedures 

    • Demonstrated experience analyzing risk/business data with the ability to distill large amounts of information down to the critical areas of focus. 

    • Strong communication skills with ability to prepare clear communication and confidently present meaningful analysis to senior and executive management. 

    • Familiarity with current Synchrony Financial operating systems. 

    • Experience with FRBNY and/or OCC regulatory reporting requirements. 

    • Must be able to work to tight deadlines with multiple priorities. 

    Grade Level 10:

                                                                                   

    The salary range for this position is 75,000.00 - 130,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

    Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

                        

    Salaries are adjusted according to market in CA, NY Metro and Seattle.

    Eligibility Requirements:

    • You must be 18 years or older

    • You must have a high school diploma or equivalent

    • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process

    • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

    • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles.  Once this new hire time in position requirement is met, the associate will have a minimum 6 months’ time in position before they can post for future non-exempt roles.  Employees, level 8 or greater, must have at least 18 months’ time in position before they can post.  All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don’t meet the time in position or performance expectations).

    Legal authorization to work in the U.S. is required.  We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. 

    Our Commitment:

    When you join us, you’ll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard—but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we’re building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks , with more than 60% of our workforce engaged, you’ll find community to connect with an opportunity to go beyond your passions.

    This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

    Reasonable Accommodation Notice:

    • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

    • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627.   Representatives are available from 8am – 5pm Monday to Friday, Central Standard Time

    Job Family Group:

    Risk Management

  • 1 Month Ago

C
COMMERCIAL CREDIT MANAGER
  • Charter Oak Federal Credit Union
  • Waterford, CT FULL_TIME
  • Charter Oak Federal Credit Union is interested in hiring a Commercial Credit Manager. This is an excellent opportunity for a motivated individual to assume a role in the credit union’s commercial lend...
  • 1 Month Ago

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Senior Associate, Credit Risk Management
  • GE
  • Norwalk, CT OTHER
  • Job Description SummaryThe Credit Risk Associate will be a member of the Chief Risk Officer’s team and primarily responsible for assessing the creditworthiness of airline and Maintenance, Repair and O...
  • 1 Month Ago

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Ceded Reinsurance Manager
  • Vantage Risk Companies
  • Norwalk, CT FULL_TIME
  • About the Company Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts prov...
  • 18 Days Ago

T
Risk Manager
  • Town of Hamden
  • Hamden, CT FULL_TIME
  • **Your Indeed Resume will not be considered unless you fill out a Town of Hamden application** The Town of Hamden is seeking a qualified candidate for the position of Risk Manager. This is a highly re...
  • 30 Days Ago

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Credit Assistant Manager
  • RAC Brands
  • Brooklyn, CT FULL_TIME
  • Rent A Center Ready to do your best work? Interested in a starting hourly rate up to $23/hr? Why should I apply in just a few clicks? Paid Time Off and Sundays Off - We are Closed! Full-Time Employmen...
  • 2 Days Ago

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Credit Risk Manager
  • Alliance of Professionals & Consultants, Inc. (APC)
  • Are you an experienced Senior Credit Risk Manager? If so, let’s talk! Our client is actively seeking a talented Senior C...
  • 4/27/2024 12:00:00 AM

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Senior Manager, Retail Credit Risk Management
  • Schwab
  • **Senior Manager, Retail Credit Risk Management** **Location** Westlake, Texas, United States; Lone Tree,Colorado,United...
  • 4/27/2024 12:00:00 AM

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Credit Risk Manager
  • U.S. Bank
  • Minneapolis, MN
  • At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarte...
  • 4/26/2024 12:00:00 AM

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Senior Analyst, Credit Risk Management
  • Upgrade
  • San Francisco, CA
  • Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to ev...
  • 4/26/2024 12:00:00 AM

U
Senior Audit Manager - Credit Risk
  • United Services Automobile Association
  • San Antonio, TX
  • Why USAA? Let's do something that really matters. At USAA, we have an important mission: facilitating the financial secu...
  • 4/25/2024 12:00:00 AM

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Senior Audit Manager - Credit Risk
  • United Services Automobile Association (USAA)
  • Plano, TX
  • Why USAA? Let's do something that really matters. At USAA, we have an important mission: facilitating the financial secu...
  • 4/24/2024 12:00:00 AM

U
Senior Audit Manager - Credit Risk
  • United Services Automobile Association (USAA)
  • Charlotte, NC
  • Why USAA? Let's do something that really matters. At USAA, we have an important mission: facilitating the financial secu...
  • 4/24/2024 12:00:00 AM

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Credit Risk Manager – C&I
  • Madison-Davis, LLC
  • Office Status: Hybrid Salary: $100,000 to $150,000 Responsibilities: Assess credit risk management program and make impr...
  • 4/23/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for CREDIT RISK MANAGER jobs
$125,828 to $185,365

CREDIT RISK MANAGER in Houston, TX
Additional responsibilities may include proactive evaluation of Problem Assets, the New/Complex Product Approval Process, Counterparty Risk Quantification, limit approval authority and reporting of capital markets credit risk.
January 18, 2020
CREDIT RISK MANAGER in Erie, PA
A credit risk manager is responsible for reviewing the financial statement details and prior history, then making a decision about the level of acceptable risk for the business or organization.
January 31, 2020
CREDIT RISK MANAGER in Paramus, NJ
Depending on the size of the organization and the industry, there might be multiple credit risk managers.
February 09, 2020