Senior Current Expected Credit Loss Manager

The Senior Manager – CECL is responsible for overseeing the Company's Current Expected Credit Loss (CECL) processes, controls, quantitative model, reporting, and overseeing the various loan portfolio credit analytics in support of qualitative overlays. This includes ensuring the integrity and accuracy of CECL-related data, model, and reporting. The incumbent in this role will oversee statistical and financial analysis, manage team members, and collaborate with other departments to ensure compliance with relevant regulatory requirements.

Responsibilities

• Implement and manage model risk practices to ensure CECL model integrity. Oversee analysis of key inputs, assumptions, and judgments. Lead CECL model documentation and controls, ensuring GAAP and OCC compliance. Align CECL model and analytics with internal policies and regulations.

• Oversee monthly and quarterly ACL analysis, including forecasting, budgeting, and reporting. Analyze credit loss trends and emerging risks in the loan portfolio. Conduct loss factor analysis, stress testing, and sensitivity analysis. Prepare ACL and loan loss reports for senior leadership and the board. Perform model backtesting, sensitivity and scenario analysis to assess credit risk.

• Lead preparation for audits, regulatory exams, and reviews, ensuring compliance with FASB, SEC, and global standards. Serve as primary contact for auditors, regulators, and executives on CECL and credit risk matters. Ensure adherence to regulatory requirements for credit risk management and financial disclosures.

• Lead CECL disclosures for quarterly and annual reports. Communicate model results, risk trends, and findings to regulators, auditors, executives, and stakeholders. Support and present at governance committees on CECL and emerging credit risks.

• Manage relationships with external vendors, including software providers supporting the CECL model and analytics functions.

• Ensure that the CECL model and supporting tools are appropriately updated and aligned with best practices and regulatory changes.

• Manage and mentor a team of analysts, setting priorities and objectives to support CECL and analytics. Oversee team performance, development, and growth.

Qualifications

Education

• Bachelor Degree or the equivalent experience. Specialty: Accounting. (Required)

• Master Degree or the equivalent experience. Specialty: Accounting. (Preferred)

Experience

• 7 or more years credit risk management, CECL implementation, or related financial modeling experience. (Required)

• 5 or more years managing a team and working cross-functionally with various departments. (Required)

Certifications

• Certified Enterprise Risk Professional or Certified Public Accountant. (Required)

Knowledge, Skills, and Abilities

• Strong understanding of accounting principles ASC 326 (CECL) and ASC 310 (Receivables) (Required)

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The salary range for this position is $118,200.00 - $197,000.00 annually.