VP Credit Risk Management

Overview

Compensation: $180,000.00 - $260,000.00 hourly based on experience and credentials Location Type: Hybrid, a flexible work model blending in-office and remote working Position Type: Full Time

The Vice President of Credit Risk Management is responsible for leading the enterprise credit risk management program, providing independent oversight and effective challenge across all lending portfolios. This role ensures alignment with the Credit Union’s risk appetite, strategic objectives, regulatory requirements, and governance standards. As a risk leader, the Vice President serves as a trusted advisor to executive leadership and the Board Risk Committee, providing forward-looking insights into portfolio performance, concentration risk, credit policy effectiveness, stress testing results, and emerging credit risk exposures. The role oversees credit risk governance, analytics, reporting, and monitoring activities to support safe and sound lending practices while enabling sustainable organizational growth. Through independent assessment and data-driven analysis, the Vice President helps strengthen the organization’s risk culture and ensures proactive identification, measurement, monitoring, and mitigation of credit risk across the enterprise.

Responsibilities

• Lead the enterprise-wide credit risk management framework
• Establish independent monitoring and oversight of consumer, mortgage, indirect, credit card, HELOC, business lending, and participation portfolios
• Ensure effective governance over Current Expected Credit Losses (CECL) credit risk policies, delegated authorities, concentration limits, risk appetite thresholds, policy exceptions and underwriting standards, recommending changes as warranted by economic, regulatory, and portfolio performance trends
• Provide executive and Board reporting regarding portfolio risk, emerging trends, concentrations, and loss exposure
• Oversee and independently challenge stress testing, scenario analysis, portfolio analytics, and portfolio and credit risk forecasting to assess portfolio performance and balance sheet resilience under varying economic conditions
• Partner with Lending, Finance, Compliance, Legal, Internal Audit, Member Solutions and business leaders to promote effective credit risk management practices, support member-centric risk strategies that balance service, growth, and safety and soundness, and provide independence oversight and challenge of credit risk exposures, lending activities, portfolio performance, and key risk decisions while managing second-line authority
• Escalate material credit risk concerns to Executive Management and the Board Risk Committee
• Support examinations and maintain an examiner-defensible credit risk management program
• Lead, develop, and mentor direct reports, fostering a culture of accountability, continuous improvement, and strong risk management practices
• Drive continuous enhancement of credit risk governance, analytics, monitoring, and reporting capabilities
• Serve as a key advisor to ALCO, ALL, GRC, Pricing Working Group, and other governance committees on credit risk strategy, portfolio performance, reserve adequacy, emerging risk, and risk-adjusted business decisions
• Participate in the overall strategic planning for the credit union, including the creation of the annual business plan and budget
• Provide direction, mentoring, and development opportunities for directly reporting credit union leaders
• Determine and maintain appropriate staffing levels
• Cultivate strong working relationships by building trust among team members
• Establish and implement strategies with short to long term impact on business results
• Establish overall goals for areas of responsibility
• Identify areas for improvement, procedural changes, new developments, or changes in services
• Attend credit union and community events during and outside of regular business hours
• Represent the credit union at key sponsored events, often including speaking and public relations roles
• Promote awareness of the credit union mission to memberships and the community
• Manage vendor relationships and contracts in accordance with the credit union’s Vendor Management Policy
• Oversee regulatory compliance in assigned areas
• Maintain knowledge and understanding of current trends, laws, and issues affecting the area of expertise
• Attend educational events to increase professional knowledge
• Complete annual compliance and info security training to understand employees' role in maintaining effective compliance and security programs

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, Accounting, Risk Management, or related field
• Advanced degree preferred
• Minimum of 10 years of progressive credit risk, lending, portfolio management, banking, or credit union experience
• Demonstrated experience interacting with senior executives, regulators, and boards
• Strong knowledge of NCUA, OCC, FDIC, Federal Reserve, CECL, SR 11-7, and risk governance expectations
• Excellent organization, prioritization, and analytical skills to effectively manage areas of responsibility and attain organizational goals
• Excellent written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, government regulators, the Board of Directors, and senior executive leadership
• Ability to analyze and resolve complex problems or situations requiring broad-based solutions impacting multiple business units or functions
• Ability to negotiate and compromise to influence the strategic direction of the organization
• Extensive knowledge and understanding of regulatory compliance
• Extensive knowledge and understanding of credit union computer systems and software applications required to perform job duties

Benefits

• Financial Well-Being: 401K Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

#LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Lead the enterprise-wide credit risk management framework • Establish independent monitoring and oversight of consumer, mortgage, indirect, credit card, HELOC, business lending, and participation portfolios • Ensure effective governance over Current Expected Credit Losses (CECL) credit risk policies, delegated authorities, concentration limits, risk appetite thresholds, policy exceptions and underwriting standards, recommending changes as warranted by economic, regulatory, and portfolio performance trends • Provide executive and Board reporting regarding portfolio risk, emerging trends, concentrations, and loss exposure • Oversee and independently challenge stress testing, scenario analysis, portfolio analytics, and portfolio and credit risk forecasting to assess portfolio performance and balance sheet resilience under varying economic conditions • Partner with Lending, Finance, Compliance, Legal, Internal Audit, Member Solutions and business leaders to promote effective credit risk management practices, support member-centric risk strategies that balance service, growth, and safety and soundness, and provide independence oversight and challenge of credit risk exposures, lending activities, portfolio performance, and key risk decisions while managing second-line authority • Escalate material credit risk concerns to Executive Management and the Board Risk Committee • Support examinations and maintain an examiner-defensible credit risk management program • Lead, develop, and mentor direct reports, fostering a culture of accountability, continuous improvement, and strong risk management practices • Drive continuous enhancement of credit risk governance, analytics, monitoring, and reporting capabilities • Serve as a key advisor to ALCO, ALL, GRC, Pricing Working Group, and other governance committees on credit risk strategy, portfolio performance, reserve adequacy, emerging risk, and risk-adjusted business decisions • Participate in the overall strategic planning for the credit union, including the creation of the annual business plan and budget • Provide direction, mentoring, and development opportunities for directly reporting credit union leaders • Determine and maintain appropriate staffing levels • Cultivate strong working relationships by building trust among team members • Establish and implement strategies with short to long term impact on business results • Establish overall goals for areas of responsibility • Identify areas for improvement, procedural changes, new developments, or changes in services • Attend credit union and community events during and outside of regular business hours • Represent the credit union at key sponsored events, often including speaking and public relations roles • Promote awareness of the credit union mission to memberships and the community • Manage vendor relationships and contracts in accordance with the credit union's Vendor Management Policy • Oversee regulatory compliance in assigned areas • Maintain knowledge and understanding of current trends, laws, and issues affecting the area of expertise • Attend educational events to increase professional knowledge • Complete annual compliance and info security training to understand employees' role in maintaining effective compliance and security programs
• Bachelor's degree in Finance, Economics, Business Administration, Accounting, Risk Management, or related field • Advanced degree preferred • Minimum of 10 years of progressive credit risk, lending, portfolio management, banking, or credit union experience • Demonstrated experience interacting with senior executives, regulators, and boards • Strong knowledge of NCUA, OCC, FDIC, Federal Reserve, CECL, SR 11-7, and risk governance expectations • Excellent organization, prioritization, and analytical skills to effectively manage areas of responsibility and attain organizational goals • Excellent written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, government regulators, the Board of Directors, and senior executive leadership • Ability to analyze and resolve complex problems or situations requiring broad-based solutions impacting multiple business units or functions • Ability to negotiate and compromise to influence the strategic direction of the organization • Extensive knowledge and understanding of regulatory compliance • Extensive knowledge and understanding of credit union computer systems and software applications required to perform job duties

Benefits

• Financial Well-Being: 401K Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

#LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. For more information, please visit our careers site at https://careers.suncoastcreditunion.com/