Real Estate Credit Risk Manager

Employment Type: Regular Full/Part Time: Full Time Division: Risk Management Location: Madisonville Office Building, Cincinnati, OHGENERAL FUNCTION:
Manage credit risk for Mortgage and Direct. Play a significant role as a team-member with Line of Business decision makers. Support quantitative model development involving risk, profitability, loss forecasts, loan origination strategies, pricing, and all related documentation across Consumer Lending. Serve as a critical team member in the development of scorecards and loan loss forecasts. Provide sound risk guidance based on quantitative fact and experienceESSENTIAL DUTIES & RESPONSIBILITIES:
Line of Business Support

Provide Risk guidance & support for Credit Policy.

Monitor underwriter processes for Audit and related groups.

Provide sound advice in asset growth, and/or asset sales to optimize profit and minimize unnecessary exposure to credit loss.

Provide semi-annual review of portfolio risk strategies for loans held in portfolio and for loans sold on the secondary market.

Coordinate activities in collections to track and report trends and behaviors.

Build a strong relationship with Sales Management, Product Development and Investor Relations with the support of quantitative facts.

Establish, update and maintain automated decision engines and custom scorecards.

Risk Analytics

Analyze concentrations, product mix, delinquency and loss trending, product optimization, line utilization, originations, whole loan sale performance, etc.

Assist in the development of risk-based pricing models and loan loss models involving logistic regression and other statistical techniques utilizing SAS.

Support ALL model design and explanation of model outcome over time.

Extensive understanding of relational databases and ability to effectively utilize statistical software - particularly SAS.

Validation, stress testing and documentation of risk models and assumptions.

Provide statistical support for Consumer Underwriting practices and Key Risk Indicators.

Identify and promote opportunities for greater efficiencies, risk controls, and profitability for the respective portfolios.

General Responsibilities

Support the overall Bancorp risk management goals within the Consumer Lending Line of Business.

Leverage analytical capabilities in overall decision making and risk identification.

Support ad-hoc Line of Business requests for quantitative modeling of potential new business.

Support Risk capital assessment related to any future mergers and acquisitions.Including:ALLL, RAROC, Stress Testing, Economic downturn analysis, Acct Mgmt and Heloc, portfolio Risk Analysis.SUPERVISORY RESPONSIBILITIES:
Responsible for managing a professional staff of exempt Credit Risk Analysts through employee development, challenging opportunities, recognizing employees for their accomplishments and developing a strong bench strength. Under guidance from manager, perform general staff management duties relating to performance evaluations, promotions, salary recommendations and terminations.
Job RequirementsMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor's Degree. Minimum 5-7 years experience in quantitative environment using statistical risk management models - such as Credit Metrics, Credit Risk or KMV. Experience in a cross-functional environment working with portfolio management and constructing and explaining risk models are essential. Minimum 2 years supervisory/management experience. Must have strong database experience including the use of SAS. MS Office proficiency along with advanced skills utilizing SQL or similar database tools. Detail oriented with strong oral and written communication skills. Strong interpersonal skills.
E.O.E., M/F/D/V