Director, Credit Risk Mgmt

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The purpose of this role is to mature our Risk Management practices and meet heightened regulatory expectations.  This role will run the Control Testing process for Credit Risk Management.  They will help standup the program to perform ongoing monitoring of Credit Risk Management’s control environment.  They will be responsible for performing Control Testing around SOX Key Controls and non-SOX controls.

Responsibilities

• Assist in the development of the Credit Risk Management Program
• Assist Credit Risk Management leadership in the creation of a sustainable control environment
• Provide effective challenge around the design and implementation of controls to mitigate Credit Risk that occur outside of Credit
• Assist the Front Line Units by providing a framework to document and assess controls and the control environment
• Develop Key Risk Indicators to be used to monitor the effectiveness of Credit’s Control Environment
• Provide expertise to a cross-functional working group focused on developing a bank wide Risk & Control Self-Assessment (RCSA)
• Develop and manage the Credit Risk specific RCSA process
• Deliver ongoing communication and education to the Credit Risk organization
• Identify and implement continuous improvement opportunities

Experience

The ideal candidate will have the following:

• 8+ years of experience in Risk or Audit functions, preferably in a banking environment
• CPA, CISA, CIA, or other auditing or risk management certification preferred
• Ability to plainly describe risk concepts to a variety of audiences
• Strategic mindset with strong interpersonal and influencing skills
• Proven execution and leadership in a dynamic environment with competing priorities
• Detail oriented with strong project management / organizational skills
• Self-motivated with minimal oversight

The estimated base salary range for this position is $110,000 USD to $150,000USD.  Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.