Credit Risk Officer jobs in California
Credit Risk Officer provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer typically reports to a supervisor or manager. The Credit Risk Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Credit Risk Officer jobs
Senior Credit Officer - Home Equity Credit Risk
- U.S. Bank
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Irvine, CA
FULL_TIME
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At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
Responsible for Corporate Credit (second line of defense) oversight for US Bank’s Home Equity originations and portfolio. This includes both Home Equity Lines of Credit (HELOC) and closed end Home Equity Installment Loans (HEIL). This role partners with leaders in the Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to oversee the successful creation, implementation, and maintenance of an effective credit risk management framework. It has direct influence over policies and procedures to maximize profit potential and minimize credit risk exposure. The role is accountable for an effective partnership between the Line of Business and Corporate Credit.
Key responsibilities include:- Lead projects and/or activities that accomplished set goals for Corporate Credit Residential Real Estate team. Facilitate the identification of gaps and drive solutions that effectively manage credit risk with US Bank’s defined credit risk appetite. Ensures the active identification, response and/or escalation of risks as appropriate.
- Review and assist in management of Credit Policies governing Residential Real Estate. Including policy change proposals, policy tests, and post implementation monitoring assessments.
- Serve as Credit Risk lead for change management (PRISMs) over relevant new or modified products, services, and/or systems.
- Provide oversight for HELOC strategies, including review and approval of Line Management decisions.
- Continuous monitoring and management over credit policy exceptions, including review of individual credits for approval.
- Assist in management of Credit Authority for Line of Business including review and approval of new authorities.
- Assist and/or serve as lead for developing appropriate Risk Limits for Home Equity that align with the Bank’s Risk Appetite. Participate in monitoring effectiveness of Limits and any associated mitigation plans to stay within them.
- Participate and/or act as lead representative for Credit on Regulatory exams.
- Perform analysis and risk assessments of Portfolio from Credit perspective, including assessing credit risk environment, control effectiveness and direction, plus emerging risks.
- Report monthly and quarterly on overseen portfolios including portfolio performance and credit quality. Approval and/or performing of reconciliation controls as well.
- Attend industry roundtable meetings as a representative for U.S. Bank.
- Attend relevant meetings in Line of Business, such as Direct Mail meetings, Loan Origination Systems (NetOxygen & ACAPS) changes, Loan Servicing System (ALS & MSP) changes including migration to exclusively using MSP, Attend Fraud reviews meetings. In Second Line, attend loss forecast, Allowance meetings, risk identification, risk appetite limits, and emerging risk reviews.
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 15 years of applicable experience
- Advanced knowledge of Credit Risk competencies
- Proficient in SAS analytical coding a plus
- Considerable understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls
- Thorough knowledge of Risk/Compliance/Audit competencies
- Strong leadership and management skills of processes, projects and people
- Effective skills at managing stressful situations
- Effective written and verbal communication skills
- Strong analytical, problem-solving and negotiation skills
- Proficient computer skills, especially Microsoft Office applications
- Applicable professional certifications
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $165,325.00 - $194,500.00 - $213,950.00
U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date. - Just Posted
Credit Officer
- Farm Credit Council
-
Fresno, CA
FULL_TIME
- Position: Credit Officer Location: Fresno, CA Areas of Responsibility: Under the direction of the Chief Risk Officer (CRO) and in close collaboration with the VP-Risk Management, the Credit Officer - ...
- 27 Days Ago
Risk Management - Lead Credit Officer, Vice President
- JPMC Candidate Experience page
-
Los Angeles, CA
FULL_TIME
- As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emergi...
- 13 Days Ago
Risk Management - Lead Credit Officer, Vice President
- JPMorgan Chase
-
Los Angeles, CA
FULL_TIME
- As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emergi...
- 20 Days Ago
Risk Management- Leveraged Finance Risk - Credit Officer Director
- JPMorgan Chase
-
Los Angeles, CA
FULL_TIME
- Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a respon...
- 10 Days Ago
Risk Management - Risk Management Specialist
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
- JOB TITLE: RISK MANAGEMENT SPECIALIST DEPARTMENT: RISK MANAGEMENT STATUS: EXEMPT JOB CODE: 11133 PAY SCALE: $81,400.00 - $95,000.00 Annually GENERAL DESCRIPTION: The Risk Management Specialist is resp...
- 2 Days Ago
Credit Risk Officer jobs at Popular Companies
Credit Risk Officer - Hedge Funds
- Emergent365 Inc
-
New York, NY
- Credit Risk Officer – Hedge Funds and Private Equity Funds – X2 Investment Bank Midtown, hybrid 2 days / week onsite 150...
- 6/10/2024 12:00:00 AM
Credit Risk Officer
- Natixis Corporate & Investment Banking
-
New York, NY
- Job Description Natixis currently hiring a Credit Risk Officer (Vice President) who will primarily focus on Corporate an...
- 6/10/2024 12:00:00 AM
Credit Risk/ Examiner
- Shimento, Inc.
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- Credit Risk / Financial Examiner US Citizenship Required Remote OK Experience with Credit Risk, review and assessment Re...
- 6/10/2024 12:00:00 AM
SVP, Corporate Credit Underwriter - Agribusiness
- Korn Ferry
-
New York, NY
- Job Title: Senior Vice President, Agribusiness-focus Corporate Credit Underwriter. Location: New York, NY Overview: Our ...
- 6/9/2024 12:00:00 AM
Credit Risk Officer - Aviation & Infra
- Natixis Corporate & Investment Banking
-
New York, NY
- Natixis currently hiring a Credit Risk Officer (Vice President) who will primarily focus on Corporate and Structured Fin...
- 6/8/2024 12:00:00 AM
Risk Management - Counterparty Risk Vice President
- JPMorgan Chase
-
New York, NY
- As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You hel...
- 6/8/2024 12:00:00 AM
Vice President - Credit Risk Officer (Hedge Funds and Private Equity Funds)
- Barclays
-
New York, NY
- Vice President - Credit Risk Officer (Hedge Funds and Private Equity Funds) New York, NY As a Barclays Vice President - ...
- 6/7/2024 12:00:00 AM
Credit Risk Specialists
- Compunnel Inc.
-
San Francisco, CA
- Reviews all pertinent credit and financial information, including business and personal financial statements, spreadshee...
- 6/7/2024 12:00:00 AM
About California
California is a state in the Pacific Region of the United States. With 39.6 million residents, California is the most populous U.S. state and the third-largest by area. The state capital is Sacramento. The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second and fifth most populous urban regions, with 18.7 million and 9.7 million residents respectively. Los Angeles is California's most populous city, and the country's second most populous, after New York City. California also has the nation's most populous county, Los Angeles County, and its largest county by area, S...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Risk Officer jobs
$70,765 to $96,054
Most Popular Cities in California for Credit Risk Officer Jobs
What does a Credit Risk Officer do?
Credit Risk Officer in Topeka, KS
RISK The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
December 06, 2019
Taking part of the Risk strategy in local and group scale.
December 12, 2019
Credit Risk Officer in Memphis, TN
Currently, we have an opening for Chief Risk Officer in a Fintech Firm (Backed by one of the largest business houses in India).
December 24, 2019
Credit Risk Officer in Greenville, SC
7+ years of risk reporting experience, risk analytics experience, or a combination of both.
January 07, 2020