Manager, Credit Risk

What You’ll Contribute

The Manager, Credit Risk serves as a key leader within the Second Line of Defense, providing independent oversight, credible effective challenge, and governance support across the credit life cycle. This role is responsible for assessing credit risk practices, portfolio trends, risk appetite alignment, and control effectiveness to ensure the organization’s credit strategies remain safe, sound, data‑driven, and compliant with evolving regulatory expectations.

• Conduct independent credit risk assessments and thematic reviews across origination, servicing, loss mitigation, and recovery activities, identifying emerging credit risks and exposures across the credit life cycle.
• Provide effective challenge to First Line credit strategies, assumptions, control frameworks, and portfolio actions; document conclusions and elevate concerns as appropriate.
• Assess adherence to credit policies, risk appetite statements, underwriting standards, and concentration limits, recommending enhancements where misalignment is observed.
• Oversee monitoring and reporting of credit risk KRIs, portfolio trends, and emerging risks, ensuring accuracy, consistency, and executive‑readiness.
• Provide second‑line oversight of credit strategy and decisioning frameworks across the lifecycle, including policies, analytics, and supporting models/tools, with an emphasis on governance, performance outcomes, and risk alignment.
• Support issue management activities, including identification, root cause assessment, remediation tracking, and closure validation related to credit risk matters.
• Prepare risk summaries and credit risk assessment materials for senior management, risk committees, and regulatory audiences.
• Collaborate with various internal stakeholders, such as finance, originations, and collections teams, to ensure alignment of credit risk objectives and practices.
• Collaborate with Compliance, Model Risk Management, Operational Risk, and Internal Audit to ensure comprehensive risk coverage and consistent messaging.
• Contribute to continuous improvement of credit risk governance frameworks, reporting standards, and oversight practices.

• Ability to perform analytics and coding in Python, SAS, SQL and expertise in BI tools such as Tableau, Power BI, and Microsoft Office Suite.
• Bachelor’s degree in Finance, Economics, Business, or a related field; advanced degree or certifications (CRC, FRM, CFA) preferred.
• 5+ years of progressive experience in consumer credit risk management within a financial services environment, including second line oversight or comparable governance roles.
• Demonstrated understanding of lines of defense frameworks, risk appetite governance, and regulatory supervisory expectations.
• Experience delivering effective challenge to senior stakeholders and influencing outcomes without direct authority.
• Strong analytical capability and problem‑solving skills with the ability to translate complex credit risk information into clear executive and committee‑level insights, and think strategically to make informed decisions.
• Familiarity with consumer credit products such as student loans, unsecured lending, mortgages, and credit cards.
• Demonstrated experience in developing and implementing credit risk strategies, policies, and procedures.
• High integrity, sound judgment, and ability to handle confidential information with discretion.

• Experience with credit analytics, decision or credit risk frameworks, risk appetite statements, and issue management.
• Experience with segmentation strategy, vendor management, and regulatory exam support.

• Competitive base salaries
• Bonus incentives
• Generous PTO, floating holidays and 12 federal holidays observed
• Support for financial‑well‑being and retirement 401(k) with employer match
• Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
• Employer‑paid short‑term and long‑term disability plus basic life insurance
• Flexible hybrid working arrangements
• Paid parental leave and adoption reimbursement programs
• Free access to on‑site staffed fitness centers in Delaware and gym subsidy elsewhere
• Confidential…