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Chief Credit Risk Officer

Company: Korn Ferry
Location: Salt Lake City
Posted on: January 16, 2022

Job Description:

Company Background/CultureOur client is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise, and government clients around the world rely on the company to remove the complexity of sending mail and parcels.
Our TeamAt the company, our passionate and ambitious team delivers innovations that help clients navigate the complex and always evolving world of commerce: from helping them use data to market to the best customers, to enabling the sending of parcels and packages efficiently, to securing payments through statements and invoices. In everything, we do, we deliver accuracy and precision to drive meaningful impact.
Our client is an Equal Employment Opportunity/Affirmative Action Employer that values diversity and inclusiveness in the workplace.
W/M/Veterans/Individuals with Disabilities/LGBT are encouraged to apply.
Job DescriptionAt our company, we do the right thing, the right way.
As Chief Risk Officer for the company, you can too.
We have amazing people who are the driving force, the inspiration and foundation of our company. Our thriving culture can be broken down into four components: Client. Team. Win. Innovate.
We actively look for prospects who:

  • Are passionate about client success.
  • Enjoy collaborating with others.
  • Strive to exceed expectations.
  • Move boldly in the quest for superior and best in market solutions.
    You are:An influential leader with deep financial services and banking risk management experience. You posess a strong executive presence and have significant stakeholder engagement experience including working with rating agencies. You are proficient in the capital markets and will lead and support capital plan execution.
    You will:Be a part of the senior leadership team and accountable for managing the risk profile of the company. In the role you will oversee all facets of risk management including credit risk management, operational risk management, risk management policy and governance, portfolio management, and regulatory and compliance risk. The incumbent will play a critical role in transforming the bank performance into a growth company. As such the position will be responsible for driving growth of bank assets, products, and services ensuring safe and sustainable expansion. In support of strategic imperatives, the Chief Risk Officer will build organizational capacity and leadership to enable success. The incumbent will also drive the deployment of technology infrastructure to support the strengthening and efficiency of the risk management function.
    Key Responsibilities
    Your day-to-day focus will include:
    • Leading structured credit underwriting including middle market lease and loan transactions with companies across a variety of industries.
    • Managing underwriting analysis including transactional due diligence, identification of relevant risks, creation of risk mitigation factors, development of investment rationale, and presentation of ultimate credit approval requests.
    • Responsible for financial spreading, projections / modelling, and stress testing of transactions.
    • Leading transactional structuring and liaise with internal and external resources and counsel to document and secure transactions appropriately.
    • Overseeing operational risk management including managing key risk management KPIs / metrics and controls to ensure operational excellence.
    • Leading and monitoring portfolio risk assessments including contemporizing the bank risk rating system and technology infrastructure
    • Overseeing and driving bank risk management governance programs, policies and procedures, and compliance with applicable regulations and laws.
    • Oversight of regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, mitigation, and prevention of money laundering or other unlawful activities.
    • Ensuring a risk-aware culture that instils accountability, fosters sound and sustainable decision-making, and helps to identify potential issues before they become costly problems.
    • Coordination and oversight of regular SOX, internal control programs, risk assessment, mitigation planning, and control functional excellence processes and programs.
    • Supervision of Regulatory compliance, Credit Risk management, and operational and execution risk management functions and departments.
    • Implementation of appropriate risk reporting to the CEO/ Board/ Board Committees, and senior management. Respond to requests for analysis/review.
    • Management of internal audit, regulatory examination coordination, and annual external audit and financial statement preparation.
    • New product evaluation and control design, implementation, and testing functions. Supporting product development, management, evaluation.
    • Management of data analytics and systems for capital markets etc.
    • Cross-functional collaboration with business unit leadership to ensure strategies fit varying business models/products and to support achievement and delivery of products and services.
      Professional Experience/Qualifications
      Your background:As Chief Risk Officer of the company, you have:
      • Deep knowledge of cash flow, projection modeling and stress testing, structuring of deals, function etc.
      • Portfolio management for both portfolios
      • 15+ years of post-graduate financial management experience in the following areas:
      • Credit authority underwriting and portfolio risk management
      • Internal audit and control design evaluation
      • Bank regulatory risk and compliance management
      • New product and process evaluation and implementation
      • Internal, external, and regulatory examination coordination
      • Preferred previous job titles include Credit Officer, VP Internal Control, VP Compliance and/or Chief Compliance Officer, VP Risk Management, VP Operations, Legal Counsel, and Chief Audit Partner.
      • Demonstrated independence and objectivity; executive-level interpersonal skills; management and leadership skills; political savvy; sound judgment personal strength; integrity; flexibility
      • 2+ years of working with secondary marketing, securitization, and special purpose entity (SPE) operations.
      • Minimum of 4 years of ALCO membership with balance sheet management and regulatory compliance experience.
      • Fully versant in bank regulation application and compliance, specifically as it applies to financial controls, operational risk oversight, and vendor management.
      • MBA or other advanced business degree preferred
      • CPA or CIA qualifications preferred
      • Experience managing and developing staff to drive performance and accountability
        We will:
        • Provide the opportunity to grow and develop your career
        • Offer an inclusive environment that encourages diverse perspectives and ideas
        • Deliver challenging and unique opportunities to contribute to the success of a transforming organization
        • Offer comprehensive benefits globally

Keywords: Korn Ferry, Salt Lake City , Chief Credit Risk Officer, Executive , Salt Lake City, Utah

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