Job Vacancy Risk Mitigation Team Lead, Small Business Banking Capital One


Job title: Risk Mitigation Team Lead, Small Business Banking

Company: Capital One

Job description: NYC 299 Park Avenue (22957), United States of America, New York, New York

Risk Mitigation Team Lead, Small Business Banking

Summary:

The SBL Loss Mitigation Team Lead will be a critical component of the Portfolio Management and Loss Mitigation Team. This leader will oversee a team of associates who will work with the SBB Credit Underwriting Team and the SBB Special Assets team to identify and mitigate the risk of the SB credit portfolio.

To be successful in this role, candidates must be able to process large amounts of information, communicate in a clear and concise manner, and develop innovative solutions for our clients, all while maintaining a strong and efficient attention to detail.

Key Responsibilities:

This people leader will have the following key responsibilities:

Manages a team of associates geared toward maintaining portfolio quality by leading and coaching the team ensuring adherence to appropriate policy and procedures for loan approvals and portfolio management activities (including updating risk ratings, annual reviews, interim reviews, WAC reviews), driving adherence to regulatory compliance requirements.

Oversees the team’s Portfolio Management reviews and implementing processes, including:

Compliance with established monitoring standards,

Scheduling and conducting periodic portfolio and industry reviews,

Identification of emerging problems within the portfolio,

Identifying potential structural enhancements in order to improve the credit and reduce risk exposure.

Offer potential mitigants for identified risks and underlying issues impacting a troubled borrower.

Acts as a liaison between SB Credit Underwriting team, Collections Team, and SB Special Assets team.

Develops and implements early intervention techniques, comprehensive action plans and structured solutions in partnership with Underwriting and the Special Assets Department that will result in minimal loss to the Bank.

Works closely with SB Credit Officers as a part of overall portfolio management.

Coaches the team to excellence and continual career development through regular check ins, reviewing and coaching towards improving the underwriting and risk management activities of the team.

Performs annual and mid year periodic performance reviews and talent assessments of the team

Works with audit, loan review, credit policy analysis and other bank partners on issues related to portfolio management, including but not limited to the following:

Assess the credit and financial strength of the business’ criticized and watch credit parties by performing fundamental credit analysis based on quantitative and qualitative factors.

Review loan documentation and related documents pertinent to transaction structuring, events of default and recovery assessments.

Actively participate in credit committee and other deal discussions (as warranted), and express views with supporting rationale for new investments, exit opportunities and restructuring transactions.

Create and update quarterly portfolio reviews and respond to ad hoc reporting requests for portfolio of distressed credit related positions

Track default and recovery metrics, and regularly report key information to senior management

Ensure compliance with ALLL standards, and implement/maintain reporting and review frequency with senior management

Recommend regulatory ratings and watch list changes, monitor trends in the portfolio, perform distressed analysis and estimate potential impairments

Interact regularly with Credit Risk Management teams, Sales, Underwriting, Portfolio Management, Operations, Finance, Risk Office, Legal, Compliance, etc.

Develop and manage relationships with key industry participants outside the firm including legal and financial restructuring advisors, other bank workout teams, etc.

Basic Qualifications:

  • At least 4 years experience in Commercial Lending, Small Business Lending, or Credit Risk Management

Preferred Qualifications

Bachelor’s Degree

1+ years of experience in Small Business Lending Risk Mitigation

1+ years of People Leader experience

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One’s recruiting process, please send an email to

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

Expected salary:

Location: Melville, NY

Job date: Fri, 24 Jun 2022 02:23:28 GMT

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