We are looking for an experienced VP Credit Risk to support a financial services institution through a Long-term Contract engagement. This position focuses on strengthening credit risk governance, shaping policy direction, and providing senior-level guidance across lending and risk functions. The ideal candidate brings deep expertise in financial services risk oversight and is comfortable engaging with regulatory bodies while helping the organization maintain a sound and effective risk framework.
Responsibilities:
- Lead the review and enhancement of credit risk policies to ensure they align with business objectives, regulatory expectations, and prudent lending practices.
- Provide strategic advice to senior stakeholders on credit exposure, portfolio trends, and emerging risk concerns across lending activities.
- Evaluate existing credit risk controls and recommend improvements that reinforce governance, accountability, and consistent decision-making.
- Partner with compliance and operational teams to support due diligence efforts and strengthen alignment between credit risk and AML-related considerations.
- Oversee the development and validation of credit risk methodologies and models used to assess portfolio performance and potential loss exposure.
- Prepare clear risk insights, reporting materials, and recommendations for executive leadership and relevant oversight committees.
- Engage with financial services regulators and assist in responding to reviews, inquiries, and examination-related requests.
- Contribute to broader risk management strategies by identifying vulnerabilities, monitoring key indicators, and promoting effective mitigation plans.