Credit Risk Management Director

New Jersey, United States

Apply with AI Apply

Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

The ideal candidate is a Director-level credit risk professional with diversified banking experience, advanced credit analysis and risk management skills, and in-depth knowledge of underwriting and portfolio management practices, policies, and procedures. Experience in corporate, commercial, and specialty lending, including middle market, mid-corporate, and specialty portfolios (ABL, Equipment Finance, Dealer Commercial Services) across diverse industries is required. Strong negotiating skills, multitasking and organizational aptitudes, and proven ability to influence business partners are also necessary.

Responsibilities

The Director, Credit Risk Management is responsible for risk analysis and independent oversight of credit quality for assigned portfolios, ensuring compliance with regulatory and internal control requirements. This role involves recommending opportunities and resolutions for improved efficiency, effectiveness, and risk reduction. Responsibilities include partnering with business lines on new products and origination strategies, assessing asset quality and risk controls, ensuring sound credit analysis, providing risk management expertise through segmentation strategies, serving as an authority on credit performance and emerging risks, delivering training on analytical capabilities, developing and managing credit risk projects, creating and implementing credit policies for portfolios, reviewing credit decisions for compliance, and establishing tactical plans to achieve desired asset quality.

Skills

Credit Risk Management

Credit Analysis

Risk Management

Underwriting

Portfolio Management

Corporate Lending

Commercial Lending

Specialty Lending

Middle Market Lending

Mid-Corporate Lending

Asset-Based Lending (ABL)

Equipment Finance

Dealer Commercial Services

Negotiating

Multitasking

Organizational Skills

Influencing

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters

1902Year Founded

$75MTotal Funding

POST_IPO_DEBTCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.

'Quishing' attacks pose a growing threat to consumer security.

Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.

The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.

Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.

Santander's renewable energy financing highlights commitment to sustainable investments.

Proactive cybersecurity measures enhance customer trust and protect digital assets.

Land your dream remote job 3x faster with AI

Try Jobo Free