Capital One Manager - Commercial Credit Review in New York, New York
NYC 299 Park Avenue (22957), United States of America, New York, New York
Manager - Commercial Credit Review
The Commercial Credit Review Manager is responsible for executing an independent, risk-based assurance review of assigned platforms within Capital One Bank’s commercial credit portfolio, including assessment of credit practices, effectiveness of policy implementation and risk rating accuracy. The portfolio includes credit exposures across multiple industries. The Credit Review Manager will contribute towards the execution of the annual Credit Review operating plan and provide training, coaching and coordination of cross-functional teams within Credit Review in the process. This associate will also be responsible for building and maintaining working relationships with line of business management and key associates within Risk Management.
-Execute the Commercial Credit Review function by:
Developing and executing a risk-based review plan for credit exposures in a line(s) of business, including individual deal sampling and testing
Reviewing individual credit files to assess overall credit process and accuracy of risk rating (PD) and Loss Given Default (LGD)
Analyzing portfolio composition to identify trends and provide opinion on portfolio quality
Identifying credit process weaknesses
Identifying gaps in credit policy and credit risk rating models
Identification, aggregation and tracking of issues to resolution
Communication of Credit Review assurance results with exceptional verbal and written communication skills, demonstrating strong clear thinking and succinct delivery of message
Contributions to innovation projects and department initiatives as a Credit Review process SME
-Report results and issues verbally and in writing to executive management and internal credit and risk senior executives.
-Work with bank regulators and external auditors to provide assurance that commercial Credit Review processes are sound.
-Build and maintain high trust relationships with credit risk management, lending associates, and regulators.
-Act as an approachable advisor to business heads and key lenders by developing continuous and effective communication channels for all stakeholders.
-Ability to provide business leadership and partnering skills to help drive the organization towards critical decisions and deliverable results.-Ability to travel 10% of the time
-Bachelor’s degree or military experience
-At least 4 years of experience of Credit Risk Management, Corporate Credit Analysis, or Commercial Credit Review Assurance
-At least 2 years of experience working with executive leadership or regulators
-CFA or CPA
-At least 2 years of experience evaluating complex, structured Leveraged Lending loans in an underwriting, portfolio management or Credit Review assurance role
-At least 1 years of experience evaluating Commercial Banking credit risks in a regulatory role (e.g. OCC, Federal Reserve)
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.