Job Description Summary
The VP, Credit Risk Portfolio Management is a senior member of the Enterprise Credit Risk team responsible for providing independent oversight and assessment of the firm's credit risk profile. Reporting directly to the Chief Credit Risk Officer (CCRO), this role serves as a trusted advisor to senior leadership by identifying emerging risks, evaluating portfolio performance, and providing actionable insights to support sound risk management practices.
The VP will oversee portfolio risk across a broad range of lending activities, including Commercial & Industrial (C&I) lending, Commercial Real Estate (CRE), leveraged finance, private banking, residential mortgages, securities-based lending, margin lending, and counterparty exposures. This role combines deep credit expertise with advanced analytics, data visualization, automation, and emerging technologies to enhance risk monitoring, reporting, and decision-making across the enterprise.
While St. Petersburg, FL is the preferred location for this role, we will consider candidates based in New York for the right fit.
Job Description
Essential Duties and Responsibilities:
- Develop and maintain an enterprise-wide view of the firm's aggregate credit risk profile across multiple lending portfolios and business lines.
- Monitor portfolio performance, concentrations, migration trends, and emerging risks to identify potential vulnerabilities.
- Conduct portfolio analytics, stress testing, scenario analysis, and concentration assessments to evaluate portfolio health and risk exposure.
- Assess risk-adjusted performance across business units and legal entities.
- Provide independent review and challenge of portfolio strategies, underwriting trends, and growth initiatives.
- Partner with executive leadership, business leaders, and governance committees to provide meaningful risk insights and recommendations.
- Translate complex analytical findings into clear and concise presentations for senior management and risk committees.
- Advise stakeholders on emerging credit, economic, industry, and regulatory risks that may impact portfolio performance.
- Develop and enhance portfolio reporting, dashboards, and data visualization tools to improve risk transparency and decision-making.
- Leverage automation, advanced analytics, artificial intelligence, and data-driven solutions to improve risk monitoring and reporting capabilities.
- Collaborate with technology, data, and business partners to strengthen analytical capabilities and modernize risk management processes.
- Research industry trends, emerging risks, and leading portfolio management practices to support continuous improvement within the Enterprise Credit Risk function.
- Benchmark portfolio performance and risk oversight practices against industry standards and best practices.
- Perform other duties and responsibilities as assigned.
Knowledge of:
- Credit risk management principles and practices.
- Portfolio risk management, concentration risk, and stress testing methodologies.
- Credit risk governance frameworks and risk appetite principles.
- Commercial banking, leveraged lending, private banking, wealth management lending, and residential mortgage products.
- Economic, industry, and regulatory factors impacting credit risk.
- Data analytics, visualization, and reporting tools.
- Artificial intelligence, automation technologies, and emerging analytical techniques applicable to risk management.
Skills In:
- Portfolio risk analysis and interpretation of complex credit data.
- Developing and presenting executive-level reporting and insights.
- Risk identification, assessment, and mitigation.
- Data visualization and dashboard development utilizing tools such as Power BI or Tableau.
- Quantitative and analytical problem-solving.
- Building strong partnerships and influencing stakeholders across all levels of the organization.
- Managing multiple priorities in a fast-paced environment.
- Written and verbal communication, including presenting complex information to senior leaders and committees.
Ability To:
- Provide independent and objective challenge while maintaining strong business partnerships.
- Evaluate large, complex credit portfolios and identify emerging risks and trends.
- Translate technical and analytical information into actionable business insights.
- Influence decision-making through sound judgment and data-driven recommendations.
- Adapt to changing business needs, regulatory requirements, and market conditions.
- Leverage technology and innovative analytical approaches to improve risk management outcomes.
- Exercise discretion and sound judgment when handling sensitive and confidential information.
- Work effectively both independently and collaboratively within a matrixed organization.
Education and Experience Required:
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, Statistics, Mathematics, Risk Management, or a related field required.
- Master's degree in a related discipline preferred.
- Minimum of 10 years of progressively responsible experience in credit risk management, portfolio management, commercial banking, institutional lending, risk analytics, or a related field.
- Significant experience managing or analyzing complex credit portfolios, including Commercial & Industrial (C&I), Commercial Real Estate (CRE), leveraged lending, private banking, and residential mortgage portfolios.
- Experience presenting risk-related recommendations and findings to executive leadership, committees, or boards.
- Demonstrated experience utilizing data analytics and technology solutions to support portfolio risk management and reporting.
Licenses/Certifications
- Professional certifications such as CFA, FRM, CRCM, or similar risk-related credentials are preferred but not required.
- ACAMS NOT REQUIRED
Education
Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Data Processing
Work Experience
General Experience - More than 15 years, Manager Experience - 10 to 15 years
Certifications
Certified Anti-Money Laundering Specialist (ACAMS) - Association of Certified Anti-Money Laundering Specialists (ACAMS)
Travel
Less than 25%
Workstyle
Resident
The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
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