Wholesale Risk Rating Model Manager II

TIH; Charlotte (NC); Remote; USD 85,000 - 110,000; Full time

Job summary

A leading financial company is looking for a Wholesale Risk Rating Model Manager II. This role involves providing leadership and coordination for risk rating processes, developing policies, and managing key models. Candidates should possess a bachelor’s degree and substantial experience in Commercial Banking, demonstrating strong analytical and communication skills.

Benefits

Medical insurance

Dental insurance

Vision insurance

401k

Paid holidays

Qualifications

• 5 to 10 years experience in the Commercial Banking industry.
• Proficiency in translating technical concepts into business terms.
• Experience with Wholesale Risk Rating models.

Responsibilities

• Manage governance activities for Wholesale Risk Rating.
• Prepare management reporting for stakeholders.
• Serve as owner for key Risk Rating models.

Skills

Analytical skills

Problem-solving

Decision-making

Interpersonal skills

Communication

Education

Bachelor’s degree in Business, Accounting, or Statistics

Tools

Microsoft Office

Microsoft Visio

Microsoft Project

Job description

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Regular Or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please Review The Following Job Description:

Provide leadership, coordination, and tactical processes for Policy and processes related to Wholesale Risk Rating Framework Support, including model development, model performance reviews, and other risk rating priorities aligned with the Risk Management Organization’s objectives. Facilitate development of Risk Rating processes, training, and communications. Perform duties of “Model Owner” for several key Wholesale credit models. Assist in the development and maintenance of Wholesale risk Policies and procedures.

The Wholesale Risk Rating Group continuously enhances and manages risk rating methodology, tools, training, and systems to provide risk rating clarity, accuracy, efficiency, and consistency of the Wholesale risk rating process across all Wholesale Business portfolios.

• This role is fully remote.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Manage governance activities for Wholesale Risk Rating, including activities related to Model Risk Policy requirements for model owners and coordinators.
• Prepare management reporting, including Regulatory, Committee, Working Groups, and other stakeholder presentation materials.
• Serve as owner for several key Risk Rating models, including user support, maintenance of documentation, and review and interpretation of outcomes analysis.
• Serve as liaison between Model Development and Business Units on Risk Rating models, including maintenance, development, and user support.
• Develop and maintain process documentation and training materials. Coordinate with training partners to deliver and/or communicate materials.
• Manage the Risk Rating Group resource site and internal SharePoint/folders.
• Assist the Wholesale Credit Policy team in the development of Wholesale Credit Policies and Procedures as necessary.
• Develop and retain talent within the Risk Rating Group.

Qualifications

Required Qualifications:

• Bachelor’s degree in Business, Accounting, Statistics, or equivalent education and related training. 2. Five to Ten plus years of experience in the Commercial Banking industry or related work experience.
• Experience working with Wholesale Risk Rating models.
• Ability to translate technical concepts into business terms.
• Ability to manage multiple projects and priorities at the same time.
• Strong knowledge of systems and systems design for Wholesale Risk Ratings.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent interpersonal, organizational, and facilitation skills.
• Proficiency in basic computer applications, such as Microsoft Office software products.
• Strong verbal and written communication skills.

Preferred Qualifications:

• Understanding of basic statistical analysis.
• Familiarity with Microsoft Visio and Project.
• Familiarity with Truist systems.
• Basic Database experience.
• Experience writing technical user guides.

Benefits for eligible employees include medical, dental, vision, life insurance, disability, tax-advantaged savings, 401k, vacation, sick days, and paid holidays. Additional benefits may include pension plans, stock units, and deferred compensation, depending on the division and position.

Truist is an Equal Opportunity Employer and a Drug-Free Workplace. EEO is the Law, Pay Transparency Nondiscrimination Provision, E-Verify.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• General Business, Management, and Business Development

Industries

• Insurance