AVP, Financial Credit Risk

Essential Job Functions:

• Develop a granular understanding of the inner workings of the Moody’s Impairment Studio and the Portfolio Analyzer (PA) models, including the ability to explain variances and sensitivity to inputs.

• Act as a consultant to senior leadership on matters relating to credit risk. This includes transformative changes to loan performance, as it applies to the credit function.

• Interpret model results, summarize assumptions, and document model and platform configurations, including documenting methodologies for qualitative adjustments.

• Collaborate with Lending and other departments to assess credit risk with respect to new and existing products.

• Create analysis and supporting documentation for the components of the ACL. Maintain documentation supporting the ACL control process and ensure compliance with model risk, and audit requirements.

• Oversee the maintenance of data sources for Moody’s credit models in conjunction with IT Data Solutions and Advanced Data Analytics teams, to ensure data quality.

• Identify and assess quantitative and qualitative factors driving the credit risk for the loan portfolios.

• Prepare quarterly ACL materials including reporting to the Credit and Market Risk Committee and providing accurate data for quarterly reporting.

• Meet with and respond to inquiries from Model Risk Management.

• Continuously review the ACL framework, recommending enhancements and implementing improvements to the process.

• Perform other analytical activities as requested by the VP, Financial Credit Risk, Chief Financial Officer and Executive Management to include participating on cross-functional teams to support organizational objectives, as required.

• All employees and business units, as first line of defense, are expected to proactively help identify, assess, manage, and report risks within their domain of work. To enhance a healthy risk culture and support our growth for good pillar, employees will maintain vigilance in safeguarding our operations while ensuring compliance with regulatory mandates. The Risk team serves as the second line of defense by providing risk oversight and credible challenge whereas the Audit team serves as the third line of defense by providing risk assurance.

Incumbent is expected to demonstrate each of the following VyStar Excellence behaviors in performing the duties and responsibilities of their job:

• Focus - Focus your full attention by carefully listening to and observing client or member.

• Connect - Consistently be friendly and approachable.  Demonstrate your care.

• Understand - Listen empathetically and ask questions (70%/30% rule).

• Counsel - Recommend solutions based on your member’s needs and objectives.

• Advance - Ensure that member’s expectations were exceeded.

• Verify necessary follow-up actions.

Knowledge, Skills, And Abilities:

• Must have sound knowledge of ACL accounting standards, related regulatory guidance, and industry best practices. Must be familiar with using financial modeling applications to produce reserve calculations.

• Capable of using advanced features within Excel and familiarity with and comfortable learning business intelligence tools such as PowerBI and SQL.

• Demonstrated analytical and quantitative skills, strong communication skills, interpersonal skills, organization, multi-tasking and the ability to work independently with minimal supervision.

• Strong work ethic and desire to enhance knowledge base and technical skills.

• Strong analytical and organizational skills.

• Ability to work independently and provide guidance and coaching to junior analysts or specialists.

• Ability to handle ambiguity and adapt to shifting objectives.

• Well-developed verbal and written communication/presentation skills.

Required:

• 5+ years of progressive experience in Credit Administration, Risk Management, Accounting, Finance, or related field required.

• 2+ years of direct responsibility with CECL calculation within a mid-size or larger financial institution is required.

Education:

• Bachelor’s degree in in economics, mathematics, statistics, finance, accounting or a related field. A master’s degree, CFA/FRM designation or progress towards completion is preferred.

DISCLAIMERS AND WORK ENVIRONMENT

Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management. The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.