Talent.com
Financial Credit Risk, Senior Manager
Financial Credit Risk, Senior ManagerIllinois Staffing • Chicago, IL, US
Financial Credit Risk, Senior Manager

Financial Credit Risk, Senior Manager

Illinois Staffing • Chicago, IL, US
1 day ago
Job type
  • Full-time
Job description

Financial Risk Consultant

At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organizations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively. In treasury risk management at PwC, you will focus on assessing and mitigating financial risks for clients, assisting in effective cash management and liquidity, and optimizing capital allocation strategies. You will provide advice in risk analysis, hedging strategies, and regulatory compliance to help clients navigate the complexities of treasury operations. Growing as a strategic advisor, you leverage your influence, expertise, and network to deliver quality results. You motivate and coach others, coming together to solve complex problems. As you increase in autonomy, you apply sound judgment, recognizing when to take action and when to escalate. You are expected to solve through complexity, ask thoughtful questions, and clearly communicate how things fit together. Your ability to develop and sustain high performing, diverse, and inclusive teams, and your commitment to excellence, contributes to the success of our Firm.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to :

  • Craft and convey clear, impactful and engaging messages that tell a holistic story.
  • Apply systems thinking to identify underlying problems and / or opportunities.
  • Validate outcomes with clients, share alternative perspectives, and act on client feedback.
  • Direct the team through complexity, demonstrating composure through ambiguous, challenging and uncertain situations.
  • Deepen and evolve your expertise with a focus on staying relevant.
  • Initiate open and honest coaching conversations at all levels.
  • Make difficult decisions and take action to resolve issues hindering team effectiveness.
  • Model and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.

As a member of the Risk & Regulatory Advisory team, you will advise financial institutions on a broad range of credit risk management topics including organization and governance; credit process optimization; risk rating model design, build and implementation; credit regulatory assessments; and Current Expected Credit Losses (CECL) process and tools. You will work on a team evaluating, designing, and implementing credit risk strategies to support our clients in addressing key market challenges.

Job Requirements and Preferences :

Basic Qualifications :

  • Minimum Degree Required : Bachelor Degree
  • Minimum Years of Experience : 8 year(s)
  • Preferred Qualifications :

  • Degree Preferred : Master Degree
  • Preferred Fields of Study : Business Administration / Management, Statistics, Mathematics, Finance, Economics, Accounting
  • Preferred Knowledge / Skills :
  • Demonstrates extensive-level abilities and / or a proven record of success in how to lead or facilitate relevant project management or client consultations in the areas of credit-related activities and credit risk management, preferably in some combination of the following areas :
  • Leading and / or playing a significant role in commercial and retail lending and credit process redesign initiatives, such as streamlining credit approval processes (including artificial intelligence), better aligning deal team execution and delivery to client segmentation schemes, implementing credit process redesign initiatives (e.g., target operating model for credit lifecycle), redesigning risk management organization or functional responsibilities, enhancing loan review processes, and / or enhancing loss mitigation / recovery processes;
  • Managing credit risk processes, performing underwriting, credit analysis and assigning risk ratings (e.g., single, and dual risk rating frameworks), writing and reviewing risk management policies and procedures, 1st and 2nd line of defense experience;
  • Developing, applying, and validating commercial and retail credit risk methodologies including obligor and facility risk rating (e.g., PD, LGD, EAD) models, pricing models, etc.;
  • Creating and executing design and application of commercial and retail credit risk reporting and analytics in a financial services organization;
  • Possessing knowledge of Allowance for Credit Losses, including methodology, models, and US GAAP requirements under Current Expected Credit Losses (CECL) and knowledge of IFRS 9;
  • Selecting, implementing and / or using commercial and retail credit risk workflow, analytic tools - e.g., Moody's, S&P, nCino, and / or, reporting technologies;
  • Demonstrating familiarity with commercial and retail credit regulatory guidance covering CECL, credit risk review systems, underwriting / annual reviews;
  • Possessing completion of a formal credit training program;
  • Demonstrates extensive-level abilities and / or a proven record of success with designing and implementing process improvement solutions, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint), where applicable, including :
  • Leveraging know-how of a wide range of commercial and retail loan types, including C&I, CRE, ABL, Leasing, Project Finance, Leveraged Lending, fund financing, etc.;
  • Operating successfully as both an individual contributor and team member, identifying and addressing client needs. Preparing, coordinating, and delivering complex written and verbal materials to clients and senior management (e.g., PPT presentations, summary reports / memos, oral presentations);
  • Supervising teams to create a strong atmosphere of trust, seeking diverse views to encourage improvement and innovation, and coaching staff, including providing timely meaningful written and verbal feedback;
  • Identifying and addressing client needs by building and maintaining trust (e.g., client relationship management);
  • Considering cross-cultural differences, seeking diverse views to encourage improvement and innovation, and fostering a global mindset for the team;
  • Demonstrating experience in working with and managing on-shore and off-shore teams;
  • Demonstrating thorough ability to communicate project goals and objectives, project status and deliverables, building consensus and presenting standard industry practices / point of view effectively;
  • Keeping leadership informed of progress and issues.
  • The salary range for this position is : $124,000 - $280,000, plus individuals may be eligible for an annual discretionary bonus. For roles that are based in Maryland, this is the listed salary range for this position. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more.

    Create a job alert for this search

    Credit Risk Manager • Chicago, IL, US

    Related jobs
    Associate Director, Credit Risk Management

    Associate Director, Credit Risk Management

    ORIX USA • Chicago, IL, United States
    Full-time
    We are seeking an Associate Director with 4–5 years of solid credit underwriting and investing experience.Knowledge of key principles of asset-based lending (ABL) or distressed assets including deb...Show more
    Last updated: 12 days ago • Promoted
    Senior Risk Manager

    Senior Risk Manager

    Ørsted • Chicago, IL, United States
    Full-time
    Join us in this role where you’ll identify and analyse energy market risk related to Ørsted’s hedge portfolio and our US fleet of onshore wind, solar and battery assets. You will make use of your an...Show more
    Last updated: 10 days ago • Promoted
    Senior Credit & Portfolio Strategy Manager

    Senior Credit & Portfolio Strategy Manager

    Hispanic Alliance for Career Enhancement • Chicago, IL, United States
    Full-time
    A financial organization in Chicago seeks an experienced Credit Analyst to facilitate decision-making for lending processes. Responsibilities include financial analysis, credit decisions for loans, ...Show more
    Last updated: 4 days ago • Promoted
    Senior Portfolio & Credit Strategy Lead

    Senior Portfolio & Credit Strategy Lead

    BMO U.S. • Chicago, IL, United States
    Full-time
    A leading banking institution in Chicago is seeking a Credit Analyst to evaluate financial information and support lending decisions. The ideal candidate will have over 7 years of experience, posses...Show more
    Last updated: 8 days ago • Promoted
    Senior Manager Business Banking Credit Risk Strategy

    Senior Manager Business Banking Credit Risk Strategy

    Bank of Montreal • Chicago, Illinois, USA
    Full-time +1
    Come join a culture that is about so much more than the bottom line.Be a part of a team that celebrates big ideas supports your personal and professional growth and makes a real impact in local com...Show more
    Last updated: 6 days ago • Promoted
    Credit Risk Model Manager

    Credit Risk Model Manager

    Selby Jennings • Chicago, IL, United States
    Full-time
    Lead the analysis and monitoring of credit risk trends and exposures related to loan and investment portfolios.Develop and maintain credit risk models (e. Design and improve analytical frameworks to...Show more
    Last updated: 11 days ago • Promoted
    Senior Risk Manager

    Senior Risk Manager

    Ig Group • Chicago, IL, United States
    Full-time
    IG Group (LSEG : IGG) is a leading global fintech company, established in 1974, and headquartered in London.As an innovative member of the FTSE 250, IG Group provides dynamic online trading platform...Show more
    Last updated: 18 days ago • Promoted
    Associate Director, Credit Risk Management

    Associate Director, Credit Risk Management

    Orix Corporation USA • Chicago, IL, United States
    Full-time
    Associate Director, Credit Risk Management page is loaded## Associate Director, Credit Risk Managementlocations : Chicago, ILtime type : Full timeposted on : Posted 7 Days Agojob requisition id : ...Show more
    Last updated: 12 days ago • Promoted
    Senior Credit & Political Risk Underwriting Leader - Remote

    Senior Credit & Political Risk Underwriting Leader - Remote

    Nationwide Insurance • Chicago, IL, United States
    Remote
    Full-time
    A leading insurance firm in Chicago is seeking a Director of Credit and Political Risk.The role involves leading an underwriting team, analyzing complex risks, and developing relationships with bro...Show more
    Last updated: 9 days ago • Promoted
    Clinical Risk Manager

    Clinical Risk Manager

    NorthShore University HealthSystem • Highland Park, IL, United States
    Full-time +1
    The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors.Position : Clinical Risk Manager. Hours : Monday-Friday, 8 : 00a-5 : 00p, with on call req...Show more
    Last updated: 27 days ago • Promoted
    Senior Finance Manager Risk & Compliance

    Senior Finance Manager Risk & Compliance

    JLL • Chicago, Illinois, USA
    Full-time
    JLL empowers you to shape a brighter way.Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services advisory and technology fo...Show more
    Last updated: 24 days ago • Promoted
    Senior Associate, FRM Risk Advisory Services

    Senior Associate, FRM Risk Advisory Services

    The Options Clearing Corporation • Chicago, IL, United States
    Full-time
    Work with the Credit Risk, Market Risk and Default, Pricing and Margins, Stress Testing and Liquidity and Quantitative Risk Management teams to support analytical activities around controls rationa...Show more
    Last updated: 30+ days ago • Promoted
    Actuary - Senior Risk Consultant (P&C)

    Actuary - Senior Risk Consultant (P&C)

    Aon • Chicago, IL, United States
    Full-time +1
    Actuary - Senior Risk Consultant (P&C).This is a hybrid role, with the opportunity to work both virtually and from our office in Chicago. Aon is in the business of better decisions.At Aon, we shape ...Show more
    Last updated: 30+ days ago • Promoted
    Senior Risk Manager

    Senior Risk Manager

    Ørsted A / S • Chicago, IL, United States
    Full-time
    Join us in this role where you’ll identify and analyse energy market risk related to Ørsted’s hedge portfolio and our US fleet of onshore wind, solar and battery assets. You will make use of your an...Show more
    Last updated: 9 days ago • Promoted
    Consumer Credit Review Senior Manager

    Consumer Credit Review Senior Manager

    Capital One • Chicago, IL, United States
    Full-time +1
    The Consumer Credit Review Senior Manager is responsible for executing independent, risk-based assurance reviews within Capital One’s Consumer credit portfolios (card and auto).This includes assess...Show more
    Last updated: 30+ days ago • Promoted
    Director, Credit Risk

    Director, Credit Risk

    Alliant Credit Union • Chicago, IL, United States
    Full-time +2
    The Director, Credit Risk will oversee strategic leadership and direction of our credit and financial risk program, guide a team using data-driven and analytical approach to manage risk programs.Pr...Show more
    Last updated: 12 days ago • Promoted
    Manager, Credit Risk Strategy – Insurance

    Manager, Credit Risk Strategy – Insurance

    Madison-Davis, LLC • Chicago, IL, United States
    Full-time
    Manager, Credit Risk Strategy – Insurance.Manager, Credit Risk Strategy – Insurance.This range is provided by Madison-Davis, LLC. Your actual pay will be based on your skills and experience — talk w...Show more
    Last updated: 10 days ago • Promoted
    Senior Director, Merchant Lending Risk

    Senior Director, Merchant Lending Risk

    PayPal • Chicago, IL, United States
    Full-time
    The job will lead the development of cutting-edge data science models and algorithms to solve complex business problems.You will work with cross-functional teams to ensure solutions meet business n...Show more
    Last updated: 12 days ago • Promoted