Credit Risk Governance and Reporting Officer

IDBNY; New York (NY); Hybrid; USD 170,000 - 200,000; Full time

Benefits offered by this job

Generous paid time off

Medical coverage

401(k) plan

Tuition reimbursement

Parental leave

Life and disability insurance

Job summary

IDB Bank in New York, NY is seeking a Credit Risk Governance & Reporting Officer to strengthen governance and elevate risk policies. This hybrid, full-time role requires deep credit risk experience and collaboration with senior leaders across the bank.

The ideal candidate will drive end-to-end risk governance, transform reporting practices, and coordinate with regulatory bodies while contributing to a high-performance team environment.

Qualifications

• 10–15 years of direct credit risk experience at a financial institution.
• Experience developing and overseeing credit risk policies and procedures.
• Experience with end-to-end credit lifecycle management and governance.
• Strong written and presentation skills for senior stakeholders.
• Bachelor’s degree in Business/Economics or quantitative field.

Responsibilities

• Strengthen governance framework for credit risk.
• Enhance credit risk policies and procedures.
• Interact with senior stakeholders to achieve consensus.
• Support regulatory interaction and reporting.
• Oversee portfolio management reporting standards.

Skills

Credit risk governance

Stakeholder communication

Writing

Presentation skills

Teamwork

Time management

Education

Bachelor’s degree in Business/Economics or quantitative field

Tools

Moody’s credit risk models

Risk rating frameworks

Job description

Credit Risk Governance & Reporting Officer

• New York, NY, USA
• Full-time

Company Description

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

Job Description

Credit Risk is looking for a highly-motivated individual to join our team in an influential role to help strengthen the governance framework and enhance the credit risk policies and procedures. This individual will be in a high impact position to improve overall credit governance, policies and regulatory interaction.

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
• Victims of domestic violence, sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee’s request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

Qualifications

Potential candidate should have the following qualifications to succeed in this role:

• 10 -15 years of direct credit risk experience at a financial institution developing and overseeing credit risk policies and procedures
• Candidate will also be involved in assisting to set standards for portfolio management reporting and control best practices
• Experience with end-to-end credit lifecycle management and credit risk governance requirements
• Experience with Commercial banking and Commercial Real Estate credits and risk characteristics
• Team player with the ability to own assigned governance deliverables and complete within designated timeframes often with competing priorities
• Can do attitude and ability to manage distractions effectively toward achieving team objectives
• Bachelor’s degree with a focus on Business, Economics or a quantitative field.
• Strong writing and presentation skills are a must to articulate requirements and changes to senior stakeholders and achieve consensus for execution

Other preferred credentials include:

• Effective liaison and negotiator with other functional areas of the bank including lines of business, Middle Office, Compliance and Technology to complete deliverables as needed
• Solid understanding of contemporary credit risk and portfolio management approaches, models and tools (Moody’s credit risk models, risk rating frameworks, etc.)
• Proactive approach to help improve overall credit processes and procedures and support team members and the Chief Credit Risk Officer

Compensation

The expected annual salary for this position is between $170,000 and $200,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

We are operating on a Hybrid schedule.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.

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