Managing Director, Financial Risk

Company: VirtualVocations
Location: Oakland
Posted on: February 4, 2025

Job Description:

A company is looking for a Managing Director, Financial and Quantitative Risk (Remote).



Key Responsibilities

Develop, implement, and oversee comprehensive risk policies and strategies across credit, liquidity, market, and model risks
Manage the consumer portfolio loss reserve and CECL process, ensuring communication with executives and the Board of Directors
Conduct stress testing and scenario analysis to evaluate financial impacts under adverse economic conditions


Required Qualifications

Bachelor's Degree in Finance, Economics, Business Administration, Data Science, or a related field; advanced degree or professional certification preferred
15+ years of experience in consumer lending and overall bank financial management, with significant senior-level responsibility
10+ years as a senior consumer credit leader, preferably with experience in managing loss provisions
Proficiency in modeling and data analysis, including machine learning and artificial intelligence
Strong knowledge of retail banking lending products and risk management systems

Keywords: VirtualVocations, Rancho Cordova , Managing Director, Financial Risk, Executive , Oakland, California