Bank of the West Military and Veterans Banking Jobs

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Bank of the West Product Credit Risk Officer, Personal Finance Division in San Francisco, California

Product Credit Risk Officer, Personal Finance Division

Description

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.

Position Summary

This Product Credit Risk

Officer role will develop, manage, and lead all risk strategies and

controls for Bank of the West's Personal Finance Division (PFD) Unsecured and

Power Sports portfolios reporting to the Personal Finance Division Credit

Risk Manager Risk. In addition, the incumbent will manage the liquidating

Auto Loan portfolio. The incumbent will design, implement, and monitor Credit

Risk strategies to increase Net Income, while managing Credit Losses within

risk appetite limits. In addition, this individual will drive (a) the

enhancement of Risk-Reward strategies and tools, and (b) Risk Appetite MIS

including analyses in support of ongoing securitization and regulatory

initiatives; (c) and other transformative credit initiatives. The ideal candidate

requires direct experience in Credit Risk Strategy management and experience in

Unsecured Personal Lending. The incumbent must exercise expertise and senior

judgment skills, and strategic thinking to effectively leverage data, scoring,

and analytics to accomplish measurable improvements within established Policy,

Procedures and Regulatory Guidelines. This role interfaces directly with peers

cross-functionally and senior executives across the organization. The

incumbent must have excellent communication skills in order to effectively

interact and operate across multiple business functions and key business

partners.

In this role you will:

  1. Drive the design, testing, and implementation ofcredit strategies to achieve business forecast goals. All strategies mustbalance Risk and Reward and be communicated to all stakeholders.

  2. Works within the bank's Risk Function as well as withthe Modeling and Analytics functions, to develop and implement appropriatestrategy analysis, MIS, and controls.

  3. Works closely with Consumer Banking project managementoffice and IT function to ensure applicable software changes and newtechnical tools are developed, tested and implemented timely and inalignment with priorities determined by business heads and the PFD Risk Head.

  4. Works closely with the PFD Finance function and staffto ensure that financial benefits are well understood and tracked tojustify changes made and support future enhancements. All strategies areto be carefully documented in chronology log, strategy summary andapproval detail.

  5. Provides analytical, MIS, and presentation support tothe PFD Risk Committee.

  6. Develops key credit strategies to drive performanceresults within the product lifecycle strategy.

  7. Support development and integration of logistic regressionacquisition score cards and loss estimate models.

  8. Leverages Standardized and ad hoc Product MIS, and keyPortfolio Mgt analyses like Risk-Return, Strategy Performance,Delinquencies, Losses, and Recoveries for use in PFD Risk Committee.

  9. Will support execution of the following: -Documentingnew product or strategy development and related processes; -Draftingbusiness requirements for underwriting review rules; -Drafting trainingmaterials and guidelines for Champion Challenger Testing; -Reporting onproduct, project, strategy and test effectiveness; -Support creditstrategies including: Dealer Optimization, Preferred Dealer Strategy,Dealer and Customer Acquisition Strategies, Limit Assignment, Activation,Authorization, Reactivation, Collections, Recovery and TDR Modifications

  10. Performs other duties as assigned.

Qualifications

Required Experience

  • Requires mastery level knowledge of job area typicallyobtained through advanced education combined with experience.

  • May have deep knowledge of project management.

  • Requires 10 years minimum prior relevant experience.

Education

  • Bachelor's Degree Business Administration or related

  • Master’s Degree Preferred but not required forcandidate with suitable experience

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, United States-California-City of Industry, United States-California-San Francisco

Requisition ID: 051752

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