SVP, Chief Credit Risk Officer POST NUMBER: at Confidential , NY

Client:
Financial Services Organization Role: SVP, Chief Credit Risk Officer Salary: $340,000 - $360,000/annually Bonus & Equity

Location:

Fort Lee, NJ
- * 4 days a week onsite - private shuttle bus from Manhattan*

Strategic Leadership & Governance Define Strategy:
Shape and execute an enterprise-wide credit risk strategy aligned with overall growth targets, risk appetite, and regulatory mandates. Executive Advisory:
Serve as the primary credit risk advisor to the CRCO, senior executive leadership, and the Board of Directors. Committee Leadership:
Chair or co-chair key governance bodies, including the Management Credit Committee and Allowance Committee, while actively contributing to Board-level committees. Governance Framework:
Maintain and continuously refine the credit risk appetite framework, underwriting policies, and governance structure. Portfolio & Credit Risk Management Multi-Vertical Oversight:
Direct credit strategy and underwriting across diverse lending products, including Commercial (CRE, C& I, SBA), Structured Finance, BaaS partnerships, marketplace lending, and payments. Reserves & CECL:
Oversee CECL methodologies, mark-to-market valuation reserves, model assumptions, and qualitative overlays to maintain adequate capital reserves. Concentration & Stress Testing:
Drive early warning systems, concentration risk limits, and comprehensive portfolio stress testing frameworks. Settlement Risk:
Establish risk limits and reserve protocols for payment models, including ACH, Acquiring, and automated funding rails. Deal Challenge & Review:
Provide high-level, independent challenge for large or complex commercial and structured finance transactions. Portfolio Analytics:
Lead advanced vintage analysis, single-name reviews, and risk-adjusted return metrics to spot trends and mitigate emerging risks. Innovation & Technology AI & Automation:
Harness Agentic AI, machine learning, and advanced automation to scale credit operations, boost analyst productivity, and modernise risk decisioning. API & Platform Integration:
Partner with Product, Tech, and Ops teams to natively embed credit controls into automated lending workflows and API integrations. Tooling Excellence:
Evaluate, implement, and maintain best-in‑class internal and vendor‑supplied risk analytics tools. Regulatory, Compliance & Model Governance Regulatory Relations:
Serve as the primary credit lead for regulatory examinations and audits across regulatory bodies (e.g., OCC, FDIC, Federal Reserve, state regulators). Model Risk Management (MRM):
Ensure full compliance with federal model governance guidance (e.g., SR 11-7 / SR 26-2). Compliance Alignment:
Work hand-in‑hand with the broader Compliance function to ensure seamlessly integrated credit and regulatory operations. Team Leadership & Culture Build & Retain Talent:
Recruit, mentor, and scale a top-tier credit risk team spanning analytics, underwriting, portfolio management, and risk operations. Culture of Excellence:
Promote a high‑accountability, data‑driven culture focused on continuous learning and disciplined decision‑making.

15 years of progressive experience in credit risk management within banking, fintech, or financial services Deep expertise in consumer and/or commercial credit underwriting, portfolio management, and loss mitigation Strong understanding of regulatory frameworks governing bank lending and risk management Experience with models, and model related processes Experience with CECL/Allowance processes Experience with regulators (OCC/FDIC/Fed), and External Auditors/Rating Agencies Proven leadership with strong communication skills across all levels of the organization Bachelor's degree in Finance, Economics, Mathematics, or related field