VP, Consumer & Counterparty Credit Risk
Cross River - Fort Lee, NJ
Hiring: VP, Consumer & Counterparty Credit Risk Company: Cross River Location: Fort Lee, NJ Job Posted Time: 2026-09-10 12:55:32 Target Skills & Keywords : Portfolio Management, Risk Management About the job Experience: •15+ years leadership experience in consumer life-cycle risk management covering underwriting, portfolio management, collections, and recoveries. Required Skills: •Monitoring and continued enhancement of the credit risk appetite framework as applied to consumer assets. •Identify and develop credit risk metrics reporting (e.g., KRIs and KPIs) to continuously monitor and oversee risk of consumer assets •Provide effective challenge to first line and partner risk teams through independent reviews of critical credit risk processes which includes underwriting, and portfolio management, collections, and recoveries. •Independently review structured credit facilities offered to partners originating consumer assets. •Ongoing monitoring of consumer loan retained portfolios •Approval of limits and reserve settings •Escalate issues and emerging risks in accordance with risk appetite program to Chief Credit Risk Officer and senior management Qualifications: •Significant experience in unsecured closed end, and revolving products. Secured consumer product experience a plus. •Strong business acumen with a risk-reward control perspective. •Operational familiarity with applicable consumer regulatory requirements. •Demonstrated ability to successfully manage multiple priorities under pressure •Degree in quantitative or a related field Compensation: •$200,000 - $250,000 / year Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!