Senior Credit Review Manager - Melville New York

Company: Company Confidential
Location: Melville, New York
Posted On: 11/01/2009

Capital One is hiring for a Senior Credit Review Manager within Corporate Credit Review Services (CCRS). CCRS is an independent assurance organization of approximately 40 professionals covering Capital One’s commercial and retail businesses. CCRS provides independent assessments of the company’s credit risk environment. Superior credit risk management is integral to the long-term viability of the company given the challenging macroeconomic pressures that all financial institutions are facing. Using standard review methodologies, CCRS associates analyze the key credit risks of all Corporate and Commercial banking businesses and their credit support functions, develop risk coverage strategies, execute reviews, and conduct on-going monitoring of these businesses to evaluate the overall effectiveness of the credit control environment. Our issues and observations influence the actions of executive management and inform the Audit and Risk Committee of the Board of Directors.

CCRS’ Commercial Credit Review (CCR) Team is based in New York, New Jersey, and Louisiana and is responsible for reviews of the Commercial Banking businesses and their credit support functions.

The Senior Credit Review Manager’s responsibilities require that he/she communicate, both verbally and in writing, with senior levels of corporate and risk management. In this position, he/she will conduct all aspects of the end-to-end CCR process for assigned portfolio(s) to validate the timeliness and accuracy of commercial risk ratings, assess the effectiveness of credit business practices (loan underwriting/structuring, credit risk monitoring, problem recognition, remediation, and portfolio management), identify key issues or trends, and provide timely and accurate reporting to key stakeholders.

Job Responsibilities:

-- Perform on-going monitoring of assigned reviewable lines of business to proactively surface existing and emerging risks, evaluate the effectiveness of corresponding credit controls, and provide feedback and recommendations to the Business.
-- Proactively adjust sampling/testing as needed in accordance with changing risk environment.
-- Build a thorough understanding of the credit risk and control fundamentals of the assigned reviewable lines of business through a close working relationship with Line management.
-- Stay abreast of industry and regulatory trends to understand where risk may exist in assigned reviewable lines of business
-- Escalate/elevate issues following established protocols and recommendations to the Business in-between scheduled review report issuance.
-- Plan and lead reviews, as well as participate on other CCR reviews as requested.
-- Proactively adjust review sampling/testing approach as to reflect changing risk environment.
-- Build a thorough understanding of the credit risk and control fundamentals of the assigned reviewable lines of business through a close working relationship with Line management.
-- Stay abreast of industry and regulatory trends to understand where risk may exist in assigned reviewable lines of business.
-- Escalate/elevate issues following established protocols. More...

Register a free account with us and set up job agents! We'll email you immediately when jobs like this are posted on our site.

Other Melville, New York Jobs (provided by Indeed)