Credit Risk Officer jobs in Elk Grove, CA
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
Director - Credit Risk
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
-
TITLE: DIRECTOR - CREDIT RISK
STATUS: EXMEPT
REPORTS TO: VP - FINANCE
DEPARTMENT: CREDIT RISK
JOB CODE: 11549
PAY SCALE: $152,300.00 - $185,000.00 ANNUALLY
GENERAL DESCRIPTION:
Responsible for leading and directing all aspects of Credit Risk within the organization. Credit Risk is ultimately responsible for identifying, measuring, reporting, and managing the Credit Risk function within the organization. Credit Risk will perform this function by conducting ongoing in-depth portfolio risk analyses and performance monitoring to protect Golden 1’s assets including identifying mitigating controls and measures to mitigate credit exposure related to loan products (including loan participations purchased) and other member products and services with a credit element (i.e. Courtesy Pay, credit qualification for deposit products, deposit withdrawal limits, minimum opening account amounts). Monitors industry and internal credit risk exposures and operational risk considerations, with the goal of reducing overall risk. Works closely with leadership in Finance, Lending, and Product Analytics & Risk to develop and communicate policies and programs directed at mitigating credit risk.
TASKS, DUTIES, FUNCTIONS:
1. Understand, evaluate and direct Golden 1’s credit culture, underwriting, related lending policies, risk profile, portfolio and product concentration risks, including geographic, industry, risk rating methodology, and other aggregate credit characteristics.
2. Train, develop and direct the Credit Risk Team they are monitoring (1) loan portfolio performance including static pool analysis (2) credit risk trends including quality, product, economic, and underwriting standards and (3) conditions affecting collateral values and identify resultant credit exposures.
3. Foster a positive and engaging work environment for each team member by promoting skill development, coaching for improvement and growth, inspiring others through your words and actions, ensuring positive employee morale throughout Golden 1, and embracing our mission, vision and core values.
4. Responsible for ensuring the Credit Risk Management Committee (CRMC) obtains sufficient information and analysis to allow the committee to discharge its fiduciary responsibilities for credit risk. This will include the development and presentation of comprehensive and relevant reporting to the CRMC.
5. Responsible for ensuring the creation, implementation and reevaluation of best practice credit risk-related procedures and policies throughout the credit union.
6. Perform risk reviews as needed for member products and services.
7. Evaluate and recommend credit policies and procedures as appropriate to CRMC.
8. Contribute to enhancing loan policies as needed to fulfill credit risk functions and goals.
9. Partner with Lending and Product Analytics & Risk to monitor and evaluate ongoing performance of custom score (AI) models used in the loan decisioning process.
10. Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
11. Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities. Establish and maintain control activities that mitigate those risks consistent with the Credit Union’s risk appetite and ensure operational integrity and compliance with applicable regulations.
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
1. Effective oral and written communication skills required to make presentations, and discuss products and services.
2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.
ORGANIZATIONAL CONTACTS & RELATIONSHIPS:
1. INTERNAL: All departments, all levels of management. May make regular reports to the Credit Policy, Strategy and Credit committees.
2. EXTERNAL: Peers in other financial institutions.
QUALIFICATIONS:
1. EDUCATION: Bachelor’s Degree in related field or equivalent work experience.
2. EXPERIENCE: 8 years or more experience as a Lender or in Credit Risk or Credit Administration at a financial institution. Demonstrated experience performing consumer and real estate credit risk management functions. Commercial credit risk experience is a plus.
3. KNOWLEDGE/SKILLS: Excellent knowledge of credit risk, project management, audit and business analysis. Excellent planning, time management, decision-making, presentation, organization, and interpersonal skills. Working knowledge of personal computer operations and various credit modeling/software applications such as SAS, R, or Python.
PHYSICAL REQUIREMENTS:
1. Prolonged sitting throughout the workday with occasional mobility required.
2. Corrected vision within the normal range.
3. Hearing within normal range. A device to enhance hearing will be provided if needed.
4. Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.
5. Unusually long work hours may be required to accomplish tasks.
LICENSES/CERTIFICATIONS:
None
REV. 2/8/2024 - 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...
- 1 Month Ago
Director - Credit Risk
- Golden 1 Talent Acquisition Team
-
Sacramento, CA
FULL_TIME
- TITLE: DIRECTOR - CREDIT RISKSTATUS: EXMEPTREPORTS TO: VP - FINANCEDEPARTMENT: CREDIT RISKJOB CODE: 11549 PAY SCALE: $152,300.00 - $185,000.00 ANNUALLY GENERAL DESCRIPTION: Responsible for leading and...
- 9 Days Ago
Director- Credit Risk
- Judge Group
-
Sacramento, CA
FULL_TIME
- Location: Sacramento, CASalary: $152,300.00 USD Annually - $185,000.00 USD AnnuallyDescription: Our client is currently seeking a Director of Credit RiskThis position will be hybrid onsite in Sacramen...
- 1 Month Ago
Security Officer - Sacramento Flex
- Brosnan Risk Consultants
-
Sacramento, CA
OTHER
- Company Overview/Benefits Flex Unarmed Security Officer Positions Pay rate: $21.00 an hour Shifts/Day: various shifts/various days Job location: Sacramento, CA Company Overview/Benefits: Brosnan Risk ...
- 5 Days Ago
Risk Management Specialist - Hybrid schedule - Sacramento, CA
- Golden 1 Credit Union
-
Sacramento, CA
FULL_TIME
- GENERAL DESCRIPTION: The Risk Management Specialist is responsible for utilizing the Credit Union’s risk management framework to identify, assess, measure, monitor and help mitigate the financial, rep...
- 1 Month Ago
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0 Credit Risk Officer jobs found in Elk Grove, CA area
US LBM Market Controller
- Meeks Lumber Company
-
Elk Grove, CA
- US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with...
- 4/19/2024 12:00:00 AM
Sr Fraud Investigator
- SMBC
-
Sacramento, CA
- ABOUT THE ORGANIZATION SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve ...
- 4/19/2024 12:00:00 AM
Personal Banker Spanish Bilingual Sierra Valley
- WELLS FARGO BANK
-
Folsom, CA
- Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
- 4/19/2024 12:00:00 AM
Personal Banker Spanish Bilingual Sierra Valley
- WELLS FARGO BANK
-
Sacramento, CA
- Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
- 4/19/2024 12:00:00 AM
Customer Service Representative
- Wolters Kluwer
-
Sacramento, CA
- Customer Service Representative page is loaded **Customer Service Representative** **Customer Service Representative** l...
- 4/19/2024 12:00:00 AM
Senior Analyst - Model Validation (US Remote)
- Ally
-
Sacramento, CA
- **General information** **Ref #** 17204 **Remote?** Yes **Ally and Your Career** * Ally Financial only succeeds when its...
- 4/18/2024 12:00:00 AM
Human Resources Manager III
- Sacramento County
-
Sacramento, CA
- Human Resources Manager III Print (https://www.governmentjobs.com/careers/sacramento/jobs/newprint/4140696) Apply ? Huma...
- 4/18/2024 12:00:00 AM
Vocational Rehabilitation Counselor
- Department of Veterans Affairs
-
Sacramento, CA
- Summary Vocational Rehabilitation Counselors (VRCs) provide and coordinate a wide range of rehabilitation, counseling, a...
- 4/18/2024 12:00:00 AM
About Elk Grove, California
Elk Grove is a city in Sacramento County, California, located just south of the state capital of Sacramento. It is part of the Sacramento–Arden-Arcade–Roseville Metropolitan Statistical Area. As of 2018, the population of the city was estimated at 173,702. The second-largest city in Sacramento County, Elk Grove was the fastest growing city in the U.S. between July 1, 2004, and July 1, 2005. The City of Elk Grove incorporated on July 1, 2000. It is a general law city with a council/manager form of government. One of Elk Grove's most significant aspects is the Elk Grove Unified School District, ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Risk Officer jobs
$68,918 to $93,544
Elk Grove, California area prices
were up 2.5% from a year ago
were up 2.5% from a year ago
What does a Credit Risk Officer do?
Credit Risk Officer in Phoenix, AZ
Six years ago, it named Stephanie Jones as its chief risk officer.
December 24, 2019
Credit Risk Officer in Bellingham, WA
Monitoring and analysing risk exposure on a daily basis.
December 12, 2019
Credit Risk Officer in Cedar Falls, IA
Peter Valdez has joined Community First Guam Federal Credit Union as vice president and chief credit risk officer.
February 17, 2020