Private Bank Underwriting & Portfolio Management Director

• Sets the strategic direction for underwriting and portfolio management across the Private Bank's full lending suite
• Aligns credit analysis and decisioning tools with the Private Bank's credit policy, product procedures, and overall private bank strategy/service objectives
• Works closely with Product Directors to ensure credit structures, policies, and portfolio strategies support product competitiveness and client needs
• Plays a central role in Private Bank business planning, risk strategy, and strategic growth initiatives
• Oversees underwriting quality, credit decisioning, and risk assessment across all consumer, specialty, and commercial lending solutions
• Ensures consistency, fairness, and disciplined judgment across underwriting teams and product types
• Establishes underwriting standards, due diligence frameworks, and approval protocols that align with regulatory expectations and business objectives
• Provides senior level oversight and decision making on complex, bespoke, and high profile credit opportunities
• Supports 1st line credit risk with ongoing portfolio monitoring and analytics across all Private Bank lending portfolios
• Reviews credit performance, emerging trends, segment dynamics, concentration risk, and potential vulnerabilities
• Ensures appropriate early warning indicator systems, risk triggers, and mitigation strategies are in place in alignment with 1st line credit risk
• Provides input to portfolio reporting for senior leadership, Credit Committees, and regulatory bodies
• Works closely with Product Directors and Credit Risk on the development, maintenance, and governance of credit policies and underwriting guidelines across the Private Bank
• Ensures alignment with 1LOD and 2LOD standards, regulatory requirements, and enterprise risk frameworks
• Oversees audit interactions, regulatory reviews, and remediation of credit related findings
• Ensures strong control environments, documentation standards, and adherence to operational and compliance requirements
• Serves as senior credit advisor to front line leadership, Relationship Managers, and business executives
• Partners with Product Directors to align credit design with product strategy, client segmentation, and competitive positioning
• Collaborates with Operations, Loan Servicing, and Experience Owners to promote efficient processes and a high quality client and advisor experience
• Ensures credit decisions and portfolio strategies support the Private Bank's broader client value proposition
• Leads and develops underwriting leaders, lending specialists, credit analysts, and portfolio managers
• Builds a strong leadership pipeline and fosters deep credit expertise within the organization
• Sets performance expectations and drives a culture of accountability, strong judgment, and disciplined risk management
• Champions professional development, mentorship, and workforce planning for all credit functions within scope

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related discipline
• 10+ years of extensive executive-level experience in underwriting, portfolio management, or credit risk management across consumer, commercial, or private banking
• Expertise across a broad range of credit types
• from standardized consumer lending to highly bespoke commercial and specialty structures
• Deep understanding of regulatory frameworks, risk governance, credit policy, and enterprise risk disciplines
• People management experience and demonstrated ability to lead and develop teams and influence decisions across a complex, matrixed organization
• Strong analytical capabilities, excellent communication skills, and executive presence
• Proven track record of balancing business growth with disciplined credit judgment
• Experience overseeing quality control, workflow prioritization, and timely completion of credit reviews, risk ratings, covenant monitoring, and annual reviews
• Proven success designing or enhancing credit processes, monitoring frameworks, and policy initiatives

Masters Degree preferred

• comprehensive medical, dental and vision coverage
• retirement benefits
• maternity/paternity leave
• flexible work arrangements
• education reimbursement
• wellness programs
• annual discretionary bonus