AVP, Credit Risk Governance & ACL Reporting - Hybrid

Madison-Davis, LLC; New York (NY); Hybrid; USD 135,000 - 165,000; Full time

Job summary

Madison-Davis, LLC in New York seeks an AVP to lead Credit Risk Governance, Portfolio Reporting and ACL estimation. The role oversees CECL and IFRS 9 processes, regulatory reporting, and risk governance across multiple teams.

The position requires 4+ years in credit risk with strong accounting knowledge, and the ability to work with Credit, Finance, Accounting, Model, and Data teams. Hybrid office arrangement in New York.

Qualifications

• 4+ years in credit risk or related field.
• Strong accounting and CECL knowledge.
• Ability to lead cross-functional teams and communicate with senior management.

Responsibilities

• Lead the estimation process for the allowance for credit losses (CECL, IFRS 9).
• Collaborate with model and data teams to refine methodologies and improve analytics.
• Prepare and review internal reports and presentations for senior management and regulators.
• Establish and maintain policies for credit loss estimation and reporting; ensure internal controls.
• Monitor the bank's credit risk profile, including asset quality and concentration changes.
• Report on adherence to risk metrics; liaise with Head Office for approvals.
• Prepare monthly risk reports for risk committees and quarterly Board reporting.
• Provide periodic reporting on asset quality, credit risk, and major events to Head Office.
• Enhance credit policies in line with regulatory guidance and Head Office direction.
• Coordinate internal and external audits and regulatory examinations; track remediation progress.
• Serve as secretary to risk committees and prepare minutes.

Skills

CECL knowledge

IFRS 9 knowledge

Credit risk governance

Regulatory reporting

Job description

Madison-Davis, LLC in New York seeks an AVP to lead Credit Risk Governance, Portfolio Reporting and ACL estimation. The role oversees CECL and IFRS 9 processes, regulatory reporting, and risk governance across multiple teams.

The position requires 4+ years in credit risk with strong accounting knowledge, and the ability to work with Credit, Finance, Accounting, Model, and Data teams. Hybrid office arrangement in New York.