Collateral Risk Manager

• Perform reviews of collateral schedules and terms to ensure accuracy, completeness, and compliance with regulatory requirements and internal policies
• Validate collateral eligibility based on established criteria, including legal documentation, asset class and other applicable metrics
• Assess the adequacy of collateral coverage relative to loan amounts for given metrics and terms
• Identify and assess potential risks associated with collateral, such as market stress and wrong way risk, in conjunction with regulatory requirements
• Evaluate the impact of these risks on counterparty exposure on the overall credit portfolio
• Develop and implement strategies to mitigate identified collateral risks
• Contribute to the development and maintenance of collateral risk management policies, procedures, and guidelines
• Ensure that policies and procedures are aligned with regulatory requirements and industry best practices
• Provide training and guidance to credit officers and other stakeholders on collateral risk management practices
• Monitor collateral performance across various businesses, identifying trends and potential areas of concern
• Prepare regular reports on collateral risk exposures, including concentrations, exceptions, etc
• Extract and analyze data related to collateral, and market trends
• Develop and maintain databases and analytical tools to support collateral risk management activities
• Prepare reports and presentations summarizing collateral risk exposures and performance
• Stay abreast of relevant regulations and guidance related to collateral eligibility, risk management, and valuation
• Ensure that collateral risk management practices comply with applicable regulatory requirements, including those issued by the OCC and FRB
• Assist with internal and external audits related to collateral risk management
• Collaborate with business, credit officers, legal counsel, and other stakeholders to address collateral-related issues and concerns
• Communicate effectively with internal and external parties regarding collateral requirements, policies, and procedures
• Participate in industry forums and professional development activities to stay current on collateral risk management trends and best practices

• Bachelor's degree in finance, economics, or a related field
• Experience in credit risk management, collateral risk, capital or liquidity, or a related field a plus
• Experience with regulatory requirements related to collateral risk management (e.g. Uncleared Margin Rules)
• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills
• Proficiency in data analysis and reporting tools (e.g., Excel, Tableau)
• Knowledge of credit risk management principles and practices
• Familiarity with collateralized markets products and collateral types
• Ability to work independently and as part of a team

Risk Management Certifications (e.g., FRM, CFA)