Credit Risk Officer jobs in Austin, TX

Who we are:
Farm Credit Bank of Texas is a $37.3 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation’s capital markets.
While you may not be familiar with our name, Farm Credit Bank of Texas plays a critical role in supporting the businesses that make it possible for America to maintain access to an affordable and safe food supply, an industry which is one of the most innovative and evolving of our time. And while you help us deliver on our mission, we deliver on our commitment to you as a valued employee by providing competitive compensation, generous health and wellness benefits packages and an attractive hybrid workplace located along the bluffs of the Colorado River just minutes west of downtown Austin.
We seek out top talent in their fields, whether it be technolo gy, finance, accounting, credit, human resources, or other administrative functions, and welcome you to join us in our mission to feed the world.

Position Description:
We are searching for a VP Credit Risk Management. The VP Credit Risk Management will be responsible for designing, maintaining, and monitoring the bank’s credit risk management and governance practices, with the assistance of senior management. Additionally, the position will be responsible for enhancing and maintaining the bank’s credit reporting framework. This includes supervising the proactive design, implementation and ongoing execution of staff, management, board and regulatory reports. This position will interface with other areas of the bank to enhance the availability and reliability of credit data and to facilitate automation of the bank’s credit reporting function. The incumbent will also be directly involved with and/or supervise several other department activities, including estimating the allowance for credit losses and stress testing.

Day-to Day-Duties and Responsibilities:
Working in our hybrid work schedule you will:

• With the assistance of senior management, implements, maintains, and monitors the bank’s credit risk management and governance practices.
• Provides supervision and direction to direct reports to assure high performance of day-to-day functions and long-term development.
• Contributes to ongoing success of the bank by providing leadership in internal management committees, including Loan Committee.
• Drives implementation of new and innovative solutions to complex reporting issues.
• Anticipates reporting, credit risk management and governance needs and proactively adapts processes to changing market conditions and best practices.
• Assists the department with the development, enhancement, and maintenance of the credit risk reporting framework.
• Independentl y pursues modernization of the credit reporting framework through use of automation and other tools.
• Serves as centralized intake for ad hoc credit reporting requests. Designs responses and ensures timely completion of requests.
• Cultivates and maintains in-depth knowledge of the bank’s loan portfolio and reporting systems. Utilizes expertise and creativity to solve difficult governance and reporting issues.
• Works directly with other bank divisions, including Finance and Information Technology, to improve the availability and reliability of reporting data.
• Assists the SVP Chief Credit Risk Officer with management of department processes and new projects and initiatives as needed.

What You Bring to the Team:
Our ideal candidate lives within a commutable distance from our office and appreciates the value of the hybrid work schedule.
It is an important role that covers many skills. This position requires:
Bachelor 019;s degree with a major in economics, finance, business, statistics, or a related field, plus ten (10) plus years of financial, credit, and/or risk management experience, including at least five (5) years of management experience.
Possesses expert knowledge of credit risk management practices and reporting systems. Ability to apply creativity to solve complex problems and understand user perspectives. Strong leadership and communication skills are required. Ability to exercise sound judgment, use discretion and maintain confidentiality. Advanced knowledge of commercial banking terms and best practices is required. Ability to work effectively as part of a team and to manage individual contributors. Coaches and/or develops direct reports and colleagues.

Our benefits:
In addition to a competitive salary, we offer comprehensive, affordable, and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life ba lance:

• Flexible and affordable health and wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more.
• 401(k) plan that includes an employer match (up to 4%) plus an additional employer contribution (up to 5%), both of which vest on the first day of employment
• Employer paid long-term disability and life insurance
• Generous vacation leave, sick leave, and up to eleven paid holidays
• Paid parental leave program of up to six weeks
• Up to five days per year to volunteer in local community organizations, services, or events
• Ongoing professional development opportunities
• Generous tuition-reimbursement program
• Physical fitness incentive plan
• Employer matching gifts program
• Modern hybrid work schedule combining in office and remote work locations.

Our culture:
In a world filled with unpredictable challenge s, we invest in our people and ensure they have dependable careers with ample growth opportunities. As part of the larger Farm Credit System, we focus on building our culture around personal relationships and the ability to be connected to leadership through in-person conversations, regular town halls and employee engagement events. We are deeply committed to attracting and fostering a diverse workforce, development and career advancement and recognizing the hard work of individuals who contribute to our success.
Important note: We care about your hiring process and take it seriously. A real person will review your applications, meaning response timelines may vary. The interviewing process at Farm Credit Bank of Texas may include phone calls and emails, on-site interviews, and requests for portfolios or demonstrations of work. We cannot personally follow-up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates wi th whom we identify as a potential fit.

A/EOE/M/F/D/V