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Bank of the West Group Manager Credit Risk CRES in Omaha, Nebraska

Group Manager Credit Risk CRES

Description

Our Brand

We are undergoing a dramatic transformation to reimagine our brand, experiences, and products. We know real change is hard work, which is why we need people who are aligned with our values and ready to make a serious impact on our industry and the world. We need your experience, optimism, and energy to define, design, and build the future.

At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a Global Leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.

We are looking for people unafraid of bringing their authentic selves to work. Our inspiration and collaboration depend on the diversity of our teams, and inclusion of all voices in our process. We value honesty, transparency, and positive leadership. We are not interested in corporate politics. We appreciate action. We reward continual improvement. We want you to grow. We want you to be yourself. We want you to ask for help and help your peers. We want you to work hard and be proud of the results. We want you to take vacation. We know that when we support you, you will do the best work of your career.

Our eyes are on the future and we need you to help make it happen, join us.

Our Consumer Real Estate Division

At Bank of the West, your money has values as well as value. We know money deposited in a bank has the power to finance positive change. So we are taking action to support activities that help protect the planet, improve people’s lives, and strengthen communities. We are redefining banking for a better future by focusing on areas where we believe we can have a real impact: supporting energy transition, helping enable women entrepreneurs, and financing innovative start-ups.

As the bank for a changing world, Bank of the West is committed to sustainable finance along with our parent company BNP Paribas. Through Digital Channels and offices across the U.S., Bank of the West provides financial tools and resources to more than 2 million individuals, families and businesses.

In CRES, our mission is to serve our clients and communities with the following:

  • Best home lending product values on the market

  • Leading digital capabilities

  • Service that builds lasting relationships

The Role of Group Manager for Consumer Real Estate Division (CRES)

This exciting and dynamic senior leadership role will have oversight over all credit risks associated with loan originations, performing loans and default loans for mortgage lending. Responsible for all approval of product proposals, credit risk oversight, MIS, Scoring, policy for mortgage and home equity loans and lines and will serve in a matrix-management environment with a direct reporting relationship to the Chief Consumer Credit Officer. This role will have people management responsibility with specific oversight of the Senior Credit Officer, CRES appraisals and AMC relationships.

Key Responsibilities

  • Will have oversight and approve CRES efforts to measure, monitor and mitigate various aspects of the loan policies including risks associated with originations, underwriting, portfolio management and collections.

  • Responsible for oversight and identification of areas of potential credit risks in the CRES mortgage and HELOC business and recommends/oversees implementation of mitigation strategies.

  • Approve and maintain CRES credit policies consistent with mortgage and HELOC risk appetite.

  • Oversight of CRES Credit Risk Policy & Procedure

  • Develops vision of an effective CRES policy framework and articulate changes and improvements to the leadership team and other stakeholders.

  • Drives development and approval of clear and concise credit risk policies & procedures to ensure effective implementation.

  • Benchmarks high standards for all CRES policies, guidance, standards and procedures; auditable, quality of content, appropriateness, completeness, up-to-date, effective, and executable.

  • Effectively engages with CRES Credit Risk stakeholders during the planning, designing, building and optimizing of Credit Risk procedures to ensure business support and effective implementation.

  • Oversee effective administration of CRES Credit Risk policy & procedure documentation in repository and archives.

  • Ensure CRES policy rollouts/changes have a comprehensive communication plan to ensure teams implement changes effectively and in a timely manner.

  • Assure proper escalation of CRES credit risk issues within governance framework.

  • Participate in external reviews by GSE’s, regulators, government agencies and rating agencies.

  • Oversight of the lending authorities across the CRES, and ensure that the delegated lending limits are effectively administered, reduced or eliminated when required.

  • Identify, analyze and report CRES key risk metrics including early warning indicators. Work extensively with the analytics team to develop robust CRES metrics. Assist in the production of monthly and quarterly delinquency forecast for the mortgage and home equity portfolios.

  • Use CRES delegated lending authority to approve transactions whenever escalated.

Additional Responsibilities

  • Manages the CBD’s efforts to measure, monitor and mitigate the various risk aspects of the loan policies, including risks associated with underwriting, portfolio management, and collection.

  • Identifies areas of potential risk and recommends and oversees implementation of mitigation strategies.

  • Ensures that the CBD risk management function is proactive, comprehensive and consistent.

  • Ensures proper CBD credit policies and, to the extent necessary, proposes additional ones.

  • Oversight of Credit Risk Policy & Procedure

  • Develops vision of an effective policy framework and articulate changes and improvements to the leadership team and other stakeholders.

  • Drives development and approval of clear and concise credit risk policies & procedures to ensure effective implementation.

  • Benchmarks high standards for all policies, guidance, standards and procedures; auditable, quality of content, appropriateness, completeness, up-to-date, effective, and executable.

  • Effectively engages with Credit Risk stakeholders during the planning, designing, building and optimizing of Credit Risk procedures to ensure business support and effective implementation.

  • Oversee effective administration of Credit Risk policy & procedure documentation in repository and archives.

  • Ensure policy rollouts/changes have a comprehensive communication plan to ensure teams implement changes effectively and in a timely manner.

  • Ensure all CBD credit policies and activities are in compliance with regulatory and legal requirements.

  • Directly supervises credit administration and credit policy staff including selection, development, and performance management.

  • Participates in acquisition/merger activities.

  • Manages directly and through subordinate managers, including selection, performance management and employee development.

  • Performs other duties as assigned.

  • LI-TW1

Qualifications

Qualifications

  • Requires broad management and leadership knowledge to lead project teams multiple job areas.

  • Typically has mastery level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function.

  • Requires 12-15 years minimum prior relevant experience.

Education

  • Bachelor’s Degree is required and Master’s Degree is preferred

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.

Job: Risk Management

Location: United States-California-San Ramon

Other Locations: United States-Nebraska-Omaha, United States-Arizona-Tempe

Requisition ID: 052439

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