RISK MANAGER

Job Description
Reporting Relationships: Chief of Lending Operations(Chain of Command)
Employment Status: Full Time, Salaried, Exempt
Preference: Native American Preference, FBIC Veteran Preference

POSITION SUMMARY:

The role of the Risk Manager (RM) is to communicate risk policies and processes for Island Mountain Development Group (IMDG), specifically the Lending Operations. The RM provides hands-on development of risk strategies involving market, credit, and operational risk, assures controls are operating effectively, and provides research and analytical support. The RM plays a crucial role in evaluating and mitigating potential financial losses associated with lending activities. The candidate must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.
This job advertisement is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

REQUIREMENTS:

· Bachelor’s degree in business, finance, economics, statistics, or other quantitative fields
· Core capabilities in data and technology, both in development and production
· A solid understanding of lending processes, credit scoring, and relevant regulations is necessary.
· Proficiency in using financial software and tools for risk analysis is crucial
· Be able to be trusted with sensitive information regarding clients and the company
· React quickly and work well under pressure and tight time restrictions
· Understand trends and create ways of locating new insight in large datasets
· Think objectively and make sound business and technical decisions
· Adept at understanding and executing project management processes, methods, and tools
· Ability to build consensus with key stakeholders, executive team, project team members, and across department lines

TRAVEL REQUIREMENTS:

· Travel will be required for Professional Development, conferences, trainings, and meetings as a representative of IMDG.

PHYSICAL REQUIREMENTS:

· Prolonged periods of sitting at a desk and working on a computer.
· Must be able to lift up to 25 pounds at times.

· Risk Assessment: Analyze financial data, credit scores, and other relevant information to assess the likelihood of loan defaults.
· Create policies and procedures to guide lending and minimize potential losses.
· Manage risk processes across multiple portfolios and products
· Engage in new product development with management team from a risk perspective
· Create risk policies and procedures to be followed by the department and organization
· Continuously monitor loan portfolios, track payments patterns, and identify early warning signs of potential problems.
· Perform routine and ad hoc data analysis and reporting to underwriting strategies
· Conduct research and leverage quantitative techniques to forecast consumer behavior
· Manage vendor relationships and support evaluation and onboarding of new data services
· Serve as point of contact for risk-related issues and identify process improvement opportunities
· Build risk awareness amongst staff by providing support and training within the company
· Work with Compliance, Marketing, Operations, and Technology to create a robust risk management process for the organization
· Other duties as assigned