Project Manager - Commercial Lending Risk Workstream

$166,400 - $176,800/Yr

SolomonEdwards - Trenton, NJ

Full-time - Mid Level

Remote - Trenton, NJ

About the position

The Project Manager for the Commercial Lending Risk Workstream will lead the Risk Workstream within the Commercial Lending Servicing Modernization initiative. This role focuses on assessing current and future state processes to ensure they meet risk and controls requirements, thereby maintaining the integrity of the modernization project. The Project Manager will collaborate with Senior Leadership and stakeholders to identify, document, and manage risks while developing the RISK and RCSA programs for the transformation of Commercial Lending Servicing.

Responsibilities

• Conduct comprehensive assessments of current state processes, identify gaps, and define future state processes to ensure they are fit for purpose from a risk and controls perspective.
• Identify, document, and monitor risks associated with the modernization project, implementing strategies to mitigate potential issues proactively.
• Develop detailed project documentation with a focus on risk, ensuring all materials meet regulatory and discoverability standards.
• Collaborate with cross-functional teams, including Risk, Compliance, and Commercial Lending, to align on risk management goals and communicate findings effectively.
• Manage the risk workstream timeline, milestones, and deliverables, ensuring all risk-related tasks and responsibilities are completed on schedule.
• Present risk-related findings, assessments, and recommendations clearly to stakeholders, tailoring communication to maintain focus on the risk aspects of the project.

Requirements

• Bachelor's degree in Business, Risk Management, Project Management, or a related field.
• 5+ years of experience in project management, ideally within a financial services or commercial lending environment.
• Demonstrated understanding of risk management practices, particularly within regulatory and controls frameworks.

Nice-to-haves

• Strong communication and presentation skills, with the ability to convey complex risk issues in a clear, structured manner.
• Proficient in project management tools and methodologies, including risk assessment techniques.
• Detail-oriented, with strong organizational skills to manage project documentation to regulatory standards.

Benefits

• Health insurance
• Sick leave
• 401(k)