In this role, you will be part of the Corporate and Investment Bank (CIB) Wholesale Credit Risk Intraday Payments team. The Wholesale Credit Risk Intraday Payments team is global and has a follow the sun approach supporting the Wholesale Credit Risk organization.  The team reports into the Wholesale Payments Risk Chief Officer.

As a Payments Risk Vice President in the Corporate and Investment Bank (CIB) Wholesale Credit Risk (WCR) Intraday Payments team, you will monitor and conduct real-time Credit Decisions (Approval/Rejection/Escalation) of Intraday payments to make credit decisions based on factors including knowledge of clients credit characteristics (risk grading, structure of intra-day facilities), portfolio of business with the firm, complexity of payment products/arrangements, historical patterns and using general credit acumen. You will execute sound risk management decisions within credit authority levels and within the firm’s policy and procedures and serve as a Subject Matter Expert for WCR on the payments Lines of Business, product offerings, payments flows and systems.  

Job responsibilities:

Daily review and approval of Intraday overdrafts using Credit authority  Effectively executing sound risk management decisions within credit authority levels and within the firm’s policy and procedures Advising Credit Officers and the Business for large and/or complex intraday situations Learning client behaviors in relation to underlying business activity to identify abnormal behavior and proactively prepare for events based on market activity or upcoming events Participating in client, event and country crisis management/Rapid Exposure Drills (RED) risk mitigation actions including first line of contact with the Payments Command Center Developing strong working relationships with Sales, Client Service, Operations, Risk Stripes and functional partners (finance) as needed Working with senior team leads to make decisions balancing the best interests of the firm and clients, to maximize beneficial outcomes Developing a working knowledge of how products help clients achieve their goals while at time creating Risk for the firm that needs to be monitored, controlled and reported Assisting in developing policy and procedure to drive governance, awareness and control across Credit Risk with regards to Payments and line resizing recommendations during annual client reviews on Cash Products Owning executing against daily deliverables and own and contribute to medium/long-term projects (with opportunities to run and participate in committees, working groups and help drive the technology agenda)  Continually challenge and improve Risk reports and views and support the Payments Chief Risk Officer as needed

Required qualifications, capabilities, and skills:

A minimum of 7 years of direct experience in Credit or translatable risk disciplines A Bachelor’s degree in Finance or a similar technical field Ability to work autonomously and be self-driven, while working in a time sensitive environment, capable of using data and critical thinking to make real-time decisions.  Ability to make decisions and defend actions executing against daily tasks and time based deadlines Effective communication, organizational and time management skills are critical for this role, including  performing data analysis and translating messages into higher level presentations for broader often senior audiences Qualitative and quantitative knowledge of Credit Risk management (policy and some level of technical knowledge), to identify key information and drivers across complex businesses and products Ability to review regulation versus existing policy and procedure, in order to assess impact to Credit Risk, and to translate any short comings into actionable deliverables Ability and desire to develop understanding of various lines of business, including learning and helping to develop advances in technology platforms.  Connecting the pieces in siloed structures and foster productive relationships across the lines of business, in a large matrixed organization Proven control mind-set, demonstrable partnership skills