Director of Allowance for Credit Losses - Fort Worth, TX

Only for registered members Fort Worth, TX, United States

1 month ago

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Job summary

This Job Summary Administers preparation of allowance for credit loss calculation model testing function to maintain compliance related SOX controls stress tests analysis economic conditions credit data financial statements determine degree risk involved performing duties advises assists department managers officers staff respective functions direct responsibility identifies analyzes areas potential credit assets earnings repayment capacity borrowers monitors administration completion allowance calculation review individually evaluated loans qualitative factors collectively evaluated loans monitors maintains Compliance related SOX Controls loan extract datasets charge offs recoveries loan modifications unfunded commitment review loan pooling structure weighted average life calculation review historical loss rates methodology review loans reviewed individual evaluation reasonable supportable forecast period qualitative factors supporting allowance narratives overall scorecard assumptions changes qualitative factor inventory key assumptions targets scope satisfied annually independent model validation ACL remediation findings timely basis Current Expected Credit Loss CECL Model Documentation updates occur least annually required develops implements policies procedures ensure effectiveness productivity Department assists Credit Risk Management Department objectives.


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