Vice President Credit Risk Management-NJ Candidates ...

We are a rapidly growing organization in the Wayne, NJ area. We are seeking to hire a Senior VP of Credit Risk Management to join our team of professionals. The ideal candidate will be responsible for but not limited to the following responsibilities: The Senior Vice President (SVP) of Credit Risk Review and Collateral Risk is a pivotal leadership role within a financial institution, responsible for overseeing the organization's credit risk review and collateral risk functions. This position ensures that the institution's credit practices align with regulatory standards and industry best practices, while effectively managing potential risks associated with lending and collateral.Job Responsibilities:Strategic Leadership: Develop and implement strategic plans for the credit risk review and collateral risk departments, ensuring alignment with the organization's overall business objectives. Risk Assessment and Management: Oversee the analysis and evaluation of credit and real estate market risks, including internal loan reviews, real estate appraisals, environmental assessments, loan concentration analysis, and stress testing. Policy Development: Establish and maintain credit risk review and collateral risk policies and procedures to ensure compliance with regulatory guidelines and industry standards. Stakeholder Engagement: Act as the primary liaison with regulatory examiners, external auditors, and internal stakeholders, facilitating communication and collaboration on credit and collateral risk matters. Team Leadership: Supervise and mentor directors and staff within the credit risk review and collateral risk departments, fostering a culture of continuous improvement and professional development. Job Requirements:Master's Degree in Finance, Business Administration, or a related field is preferred. 10 years of experience in bank credit, with a strong background in credit risk management and collateral valuation. Commercial & Industrial Loans ManagementCommercial Real Estate Financing ManagementProven ability to lead and develop teams, with strong strategic management -depth knowledge of credit risk management practices, real estate appraisal processes, environmental assessment protocols, and relevant regulatory guidance.Exceptional analytical and problem-solving skills, with the capacity to identify and mitigate emerging risks.

Created: 2025-02-21