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SalaryOverview
Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members "do better." Joining PenFed is more than being an employee; it's about being a part of the PenFed family.
PenFed is hiring a (Remote) Director, Credit Risk Management associated with our McLean, Virgina or San Antonio, Texas offices. The primary purpose of this position is to play a critical role in enhancing Credit Risk data management ecosystem and reporting to enable sustainable and resilient Consumer business growth. This position will also promote long-term Credit Risk Management strategic vision, promoting strong risk culture and manage data processes and information quality.
**This role can be located anywhere in the United States**
Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.
Qualifications
Equivalent combination of education and experience is considered.
0-2 Direct/0-2 Full Staff
Licenses and Certifications
There are no additional certifications required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*
Travel
Ability to travel to various worksites and be on-call may be required.
Compensation Information
About Us
Established in 1935, PenFed today is one of the country's strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.
Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members "do better." Joining PenFed is more than being an employee; it's about being a part of the PenFed family.
PenFed is hiring a (Remote) Director, Credit Risk Management associated with our McLean, Virgina or San Antonio, Texas offices. The primary purpose of this position is to play a critical role in enhancing Credit Risk data management ecosystem and reporting to enable sustainable and resilient Consumer business growth. This position will also promote long-term Credit Risk Management strategic vision, promoting strong risk culture and manage data processes and information quality.
**This role can be located anywhere in the United States**
Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.
- Work with the Chief Credit Officer and other risk leaders to identify high value analytics and key performance indicators for the organization.
- Work directly with key risk leaders to develop key KPI's and portfolio level dashboards.
- Manage, mentor, train and develop risk data and analytic resources.
- Track analytics action items, issues, and priorities for the Chief Credit Office.
- Evaluate all data source systems for field quality, usefulness, consistency, historical accuracy, documentation, and differential between systems for same field.
- Evaluate database solutions in building a comprehensive Credit Risk database.
- Lead on-going evaluation of analytical tools for best accessing data and processing.
- Automate and maintain standard reporting or productionalize reports which provide key information to risk analysts and management.
- Collaborate with Credit Risk Teams on data needs and data sources to improve efficiency and effectiveness of the departments.
- Work with external vendors on data transfer needs between PenFed Credit Union and the vendors for CECL/Stress Testing & LossForecasting/Ad Hoc analysis.
Qualifications
Equivalent combination of education and experience is considered.
- Bachelor's Degree in Business, Engineering, Database Management, Quantitative Discipline or Equivalent required. MBA or Master's Degree in the related field is highly preferred.
- Minimum of five (5) years' experience in credit strategy, credit policy & analysis or Credit Risk Management in financial services industry.
- Minimum of five (5) years' of direct management experience.
- Minimum of twelve (12) years' of database management experience and 7+ years experience in Financial Services is preferred.
- Demonstrate ability to improve data flow, data integrity, processes, automation reports, data capture, external sourcing, and data transfers between sources.
- Strong skills in various database tools including Sequal, SQL, Hadoop, Snowflake, and Data Lake environments are required. Proficiency with statistical tools (SAS, R, Python) is preferred.
- Experience in building support to gain acceptance and buy-in on credit decisions in a collaborative environment. Ability to provide business leadership and partnering skills to help drive the organization towards critical decisions and deliverable results.
- Ability to exhibit sound judgment in decision making and be an inclusive and collaborative partner with Credit Risk Management.
- Excellent written, verbal communication and presentation skills. Demonstrate strong clear thinking and succinct delivery of message. Ability to explain complex topics simply to a wide variety of audiences.
- Self-motivated and strong interpersonal skills in order to actively lead and implement ideas in a cross-functional team environment.
- Proven project management skills, ability to manage multiple projects.
0-2 Direct/0-2 Full Staff
Licenses and Certifications
There are no additional certifications required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*
Travel
Ability to travel to various worksites and be on-call may be required.
Compensation Information
- The anticipated starting salary range for this role is $130,787 - $216,189
- This position is eligible for the organization's annual Balanced Scorecard bonus subject to board discretion and approval
- This position is also eligible for the opportunity for an annual Pay for Performance bonus
About Us
Established in 1935, PenFed today is one of the country's strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.
