Credit Risk Strategy Lead

Montana State Fund; Harrisburg (Dauphin County); Ibrido; USD 120.000 - 180.000; Tempo pieno

Descrizione del lavoro

PHEAA, a nonprofit student aid organization, seeks a VP of Private Student Lending Credit Risk to shape lending strategy and ensure compliant risk management for Private Student Loans across PA and select states. The role reports to senior management and collaborates with AES leadership and external partners.

Responsibilities include establishing credit granting criteria, pricing models, risk monitoring, and coordinating securitization and debt structuring efforts.

Competenze

• Bachelor’s degree in business administration, finance or management.
• Seven plus years of consumer lending or credit risk experience required or any equivalent combination of experience, training, and/or certification(s).
• Advanced credit experience and credit training and multiple years of credit experience involving credit analysis.
• Proven ability to make credit decisions, including complex transactions, while interacting collaboratively with key partners.
• Possess proven skills in strategic planning, loan/production growth, portfolio management, and asset quality.
• Proficiency with Microsoft Access, Word, Excel, and PowerPoint, and the ability to quickly learn and use other software packages.
• Track record of managing multiple activities with varying priorities while ensuring accurate and timely results.
• Experience in Loan Loss Reserve methodology and ability to adapt it to market, regulatory and reporting requirements.
• Demonstrated strong decision-making, interpersonal, negotiating, and problem-solving skills.
• Excellent written and communication skills.

Mansioni

• Establish and maintain a sound credit granting process for the PHEAA-Branded Private Loan Programs.
• Maintain an appropriate credit administration, measurement, and monitoring and report out important information to the senior management team.
• Ensure adequate controls over credit risk and compliance with applicable state and federal consumer financing laws.
• Establish and maintain credit risk and pricing models (Loan Loss Reserve, Quality Assurance and Pricing).
• Work with PHEAA staff involved in the development and implementation of the PHEAA-Branded Private Loan Programs.
• Work with senior management for approving and periodically reviewing the credit risk strategy and significant credit risk policies of the Agency.
• Assist senior management in implementing and maintaining the credit risk strategy approved for developing policies and procedures for identifying, measuring, monitoring and controlling credit risk.
• Identify and manage credit risk inherent in all products and activities associated with the PHEAA-Branded Private Loan Programs.
• Ensure that the risks of the products and activities new to the Agency are subject to adequate risk management procedures and controls before being introduced or undertaken and approved in advance by PHEAA Senior Management or an appropriate committee.
• Document and operate within sound, well-defined credit-granting criteria.
• Assist the Agency to establish overall credit limits at the level of individual borrowers and counterparties.
• Develop and work with PHEAA staff involved in the development and implementation of white label programs for other states based on the PHEAA-Branded Private Loan Programs.
• Assist in the coordination of student loan securitization and financing transactions with banking and legal professionals.
• Participate in the planning and development of PHEAA’s student loan acquisition and debt structuring strategy with senior management.
• Build and develop working relationships with investment banking, legal and financial advisory professionals.
• Meet with investment bankers, investors and rating agencies to discuss PHEAA’s private student loan performance.
• Compile reporting as required to support program control and performance.
• Produce annual Employee Loans Reporting and Monthly Insider Listing Reporting.
• Interface with the Agency’s internal and external auditors on various Private Student Loan origination and servicing related audits.
• Research and prepare responses to auditor inquiries and prepare presentations on audit status for senior management and present as necessary.

Conoscenze

Credit analysis

Credit risk

Strategic planning

Portfolio management

Asset quality

Microsoft Excel

PowerPoint

Interpersonal skills

Negotiation

Decision making

Formazione

Bachelor's degree in business administration/finance/management

Strumenti

Microsoft Access

Microsoft Word

Microsoft Excel

PowerPoint

Descrizione del lavoro

PHEAA, a nonprofit student aid organization, seeks a VP of Private Student Lending Credit Risk to shape lending strategy and ensure compliant risk management for Private Student Loans across PA and select states. The role reports to senior management and collaborates with AES leadership and external partners.

Responsibilities include establishing credit granting criteria, pricing models, risk monitoring, and coordinating securitization and debt structuring efforts.