SantaClaraRecruiter Since 2001
the smart solution for Santa Clara jobs

Credit Administration, VP I

Company: SVB Financial Group
Location: Santa Clara
Posted on: February 23, 2021

Job Description:

When you work with the world's most innovative companies, you know you're making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work. They come to SVB for our expertise, deep network and 30+ years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business. Join us at SVB and be part of bringing our clients' world-changing ideas to life.
Job Description - Credit Administration, VP I (6607) Credit Administration, VP I - ( 6607 ) Job Description Thismulti-faceted position is a hybrid between a business and financial analyst,which requires strong organizational and project management skills.--Theposition reports to the Credit Reserve Director and is responsible for providingorganizational oversight to orchestrate the end-to-end quarterly CECL ("CurrentExpected Credit Loss") reserve reporting process.--Responsibilities includeliaising and coordinating across multiple departments of the Bank to ensurethat the CECL reporting process adheres to the strict quarterly timelines andthe reserve documentation is managed to a professional standard.--This rolewill interact closely with the CECL modelling team, the SOX control and thefinance teams of the Bank. In addition, this individual will also berequired to work with the Bank's portfolio data and the CECL platformtechnology support teams.--As such, knowledge of programming, databasequery skills and any knowledge/experience with financial control is beneficial.-- Theroles will be dynamic and will enable this individual to gainfirst-hand experience applying their skills to oversee Bank's credit reservecalculations, to help interpret the results in a business context as well asprovide exposure to the Bank's executive leaders. Ideal candidates for thisrole will have 3+ years relevant consulting and/or industry and functionalexperience. This position requires working independently with minimumsupervision under aggressive timelines in a fast-paced environment.-- EssentialFunctions:

  • Manage delivery of CECL process in adherence with the target state operating model and ensure governance procedures are followed. This includes adherence to timeline, liaising between multiple cross functional departments, scheduling meetings with constituents and escalate issues appropriately.
  • Track the quarterly execution of the CECL reserve calculation process and recommend improvement for increased efficiency each quarter
  • Prepare and organize the CECL program documentation.
  • Track control framework execution and documentation.--Track, manage and escalate, as appropriate, around exception thresholds/tolerances.
  • Provide subject matter expertise ("SME") support to represent business during the business as usual ("BAU") process.
  • Perform data analysis from source systems, if needed. Qualifications
    • CECL related models such as PD, LGD and EAD
    • Key Accounting concept
    • Quantitative modeling technique
    • Data base and programming knowledge
    • Proficiency with statistical and dataanalysis and programming tools such as R, SAS, Stata, SQL and Matlab.
    • Thorough understanding of econometricand financial modeling techniques
    • Excellent communication, attention todetail
    • Master's or PhD degree in a quantitative field such as statistics,mathematics, finance and economics. Primary Location Work Locations : Tasman 3003 Tasman Drive Santa Clara 95054 Job : Credit Full-time Job Posting For more than 30 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group serves companies in technology-related, life science and healthcare, venture capital and private equity, and premium wine industries. Along with commercial, investment, international and private banking services provided by Silicon Valley Bank, the company offers funds management, business valuation services, broker-dealer transactions, asset management and private wealth management. Headquartered in Santa Clara, Calif., SVB Financial Group operates in centers of innovation in the U.S. and around the world. Learn more at www.svb.com. SVB Financial Group is an equal opportunity employer. Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

Keywords: SVB Financial Group, Santa Clara , Credit Administration, VP I, Accounting, Auditing , Santa Clara, California

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Accounting, Auditing Jobs


Senior Benefits Program Manager- Healthcare Strategy
Description: Senior Benefits Program Manager- Healthcare Strategy USA, TX, Frisco USA, GA, Atlanta USA, CA, Pleasanton Do what you love. Love what you do. br At Workday, we help the world's largest organizations (more...)
Company: Workday, Inc.
Location: San Francisco
Posted on: 03/4/2021

First Year Tax Professional
Description: What you'll do... Joining H R Block as aFirst Year Tax Professional means you'll have the support of an expert team, dedicated to providing you with the advanced tax training you'll need to be successful. (more...)
Company: H&R Block
Location: American Canyon
Posted on: 03/4/2021

Private Investment Senior Associate (Growth Equity & Debt)
Description: A highly regarded and rapidly growing private invest firm in the bay area
Company: Selby Jennings
Location: San Francisco
Posted on: 03/4/2021


Inventory Accounting Manager
Description: Company Description br br Wish is a mobile e-commerce platform that flips traditional shopping on its head. We connect hundreds of millions of people with the widest selection of delightful, surprising, (more...)
Company: Wish
Location: San Francisco
Posted on: 03/4/2021

Senior Sales Commissions Analyst (Remote Eligible)
Description: Okta is looking for a highly motivated Sr. Sales Commissions Analyst to take a lead role in driving our sales commission plans, calculations, and audit accuracy globally. Reporting to the Commissions (more...)
Company: Okta, Inc.
Location: San Francisco
Posted on: 03/4/2021

Fund Accountant
Description: Our client, a prominent Real Estate Investment firm, is looking for a Fund Accountant in the efforts of building their team. This is a newly created
Company: Propel Recruitment LLC
Location: San Francisco
Posted on: 03/4/2021

Senior Account Executive - Commercial Risk
Description: Senior Account Executive, San FranciscoAon is a global leader in risk management, insurance and reinsurance brokerage, human capital and management consulting. We integrate customized services, leverage (more...)
Company: Aon
Location: San Francisco
Posted on: 03/4/2021

Fund Accounting Manager - Credit / Debt Fund
Description: Leading global investment manager is seeking a Senior Associate or Accounting Manager to join one of the firm's fastest growing business unit. br This position is based in the firm's San Francisco office (more...)
Company: Voy Ventures
Location: San Francisco
Posted on: 03/4/2021

VP, Card and Cash Operations
Description: At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal (more...)
Company: First Republic Bank
Location: San Francisco
Posted on: 03/4/2021

Senior Revenue Operations Specialist (Remote Eligible)
Description: Okta is looking for a Senior Revenue Operations Specialist to help us build and scale our Revenue Operations Support team. The Revenue Operations Support team is responsible for pre-sales support including (more...)
Company: Okta, Inc.
Location: San Francisco
Posted on: 03/4/2021

Log In or Create An Account

Get the latest California jobs by following @recnetCA on Twitter!

Santa Clara RSS job feeds