AVP Credit Risk Oversight & CECL Lead (Remote/Hybrid)

CardWorks, Inc.; South Jordan (UT); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical, Dental, and Vision (plus much

401(k) Plan with Company Match

Short- & Long-Term Disability

Wellness Programs

Paid Vacation, Sick Days and bankholid

Job summary

Merrick Bank in Utah seeks an AVP, Credit Risk Oversight, to lead independent credit risk governance across the enterprise. You will oversee CECL, loss forecasts, and material credit decisions, driving challenge and robust risk management in partnership with senior leadership.

You'll guide the second line of defense, mentor team members, and shape portfolio strategy while ensuring timely escalation and clear communication of risk insights to executives and governance committees.

Qualifications

• Bachelor's degree in Business, Finance, Economics, Statistics, Mathematics, Engineering, or quantitative discipline is required.
• Master's degree (MBA, Economics or related field) is preferred.
• Eight (8) years of experience in consumer credit risk management or strategy, with deep expertise in non-prime credit card lending and/or CECL.
• Experience providing independent review, challenge, or oversight of credit strategies, forecasts, underwriting policies, portfolio management activities, or risk governance processes strongly preferred.

Responsibilities

• Credit Risk Monitoring & Assessment: Provides independent oversight of credit card portfolios through ongoing portfolio performance monitoring, risk trends, forecast outcomes, and key risk indicators.
• Review, Challenge & Concurrence: Leads the independent review and challenge of CECL estimates, credit loss forecasts, and material credit decisions.
• CECL Oversight & Challenge Framework Leadership: Establishes standards, methodologies, and governance practices for independent assessment of CECL estimates, loss forecasts, stress scenarios, and related assumptions.
• Credit Oversight Reporting: Develops independent credit risk assessments and executive-level oversight reporting.
• Credit Governance: Supports the development, implementation, and ongoing enhancement of credit risk governance practices, oversight standards, and review and challenge frameworks.
• Credit Risk Partnership & Influence: Develops partnerships across first- and second-line functions with independent risk perspective.

Skills

Credit risk management

Independent review & challenge

Risk governance & oversight

Executive risk communication

Strategic influence

Credit analytics

Technical knowledge

Education

Bachelor's degree in Business/Finance/Economics/Statistics/Mathematics/Engineering

Master's degree (MBA, Economics or related field)

Tools

SQL

SAS

Python

Power BI

Job description

Merrick Bank in Utah seeks an AVP, Credit Risk Oversight, to lead independent credit risk governance across the enterprise. You will oversee CECL, loss forecasts, and material credit decisions, driving challenge and robust risk management in partnership with senior leadership.

You'll guide the second line of defense, mentor team members, and shape portfolio strategy while ensuring timely escalation and clear communication of risk insights to executives and governance committees.