Legal Entity Portfolio Manager

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Job Overview

Institutional Credit Management (ICM) works closely with our Banking & International businesses to serve as a critical component of our First Line of Defense for wholesale lending and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis, documentation, risk identification, management, monitoring, administration, and stress testing.

The ICM Legal Entity Portfolio Manager will report to the Portfolio Management – Legal Entity Lead PMLE) and will be responsible for managing the credit risk processes and systems for the detection of early signals of distress within the in-scope legal entity wholesale portfolio, across several wholesale workstreams including Portfolio Health Reviews, Risk Appetite & Limits Management and Early Warning Indicators.

In this role, the Legal Entity Portfolio Manager will be responsible for liaising with other teams within ICM Portfolio Management, other ICM teams, Risk Management, and business partners, and executing on the portfolio monitoring strategies and priorities.

The Legal Entity Portfolio Manager is expected to produce recommendations to the portfolio owners that may include portfolio reviews, stress tests, risk appetite and underwriting criteria recalibrations, reclassification of facilities, risk rating changes among others.

Key Responsibilities:

• Ensuring the portfolio management of applicable portfolio is consistent with industry leading practices and conforms to all internal credit procedures/policies, and all related regulatory expectations
• Bring in sufficient seniority to act independently and represent the teams in key decision-making meetings with a regional or global impact
• Continuous engagement across ICM, Lines of Business and Independent Risk senior stakeholders
• Understand and elevate accordingly any concerns regarding execution of EW / portfolio alerts and/or emerging risks relevant for Legal Entity Portfolio Management
• Partner with applicable global, regional and industry stakeholders across ICM and within WCR and Independent Risk in the design and calibration of metrics and indicators for EW and Portfolio Health, and credit monitoring standards for applicable portfolios
• Execute plans, strategy and objectives for IM PMLE in an effective and innovative fashion; assess and report progress in meetings objectives including promotion of a healthy working culture
• Assist as Subject Matter Expert in developing/enhancing Learning, Develop and Training for PMLE; participate as guest speakers
• Support PMLE, ICM PM, and WCR on internal projects and initiatives
• Support PMLE and ICM Voice of the Employee (VOE) initiatives
• Travel (less than 25%)

Qualifications:

• Degree in Finance or Accounting or higher degree in Business (MBA), or any other related subject
• An MBA, CPA, CFA preferred, and formal credit training is a plus
• Financial Services experience including 7+ years of credit experience in Banking or Credit Risk Management

Experience and requirements for the role:

• Superior risk assessment skills
• Fully conversant in credit policy and risk principles and perceived as a respected carrier of risk culture
• Ability to recognize and address major types of risk, including market, operational and cross border
• Solid knowledge in risk and regulatory capital issues as they relate to transactions, portfolios and businesses
• Proactively engages team, partners and seniors to collaborate holistic client-centric approach
• Highly Effective interpersonal skills
• Solid organizational skills
• Exceptional written and verbal communication skills
• Corporate Underwriting experience is an advantage

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Job Family Group:

Risk Management

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Job Family:

Portfolio Credit Risk Management

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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