As an associate manager at MoneyBank Corporation, one of my key roles was to actively identify and manage risks that could potentially impact our branch operations. I primarily focused on three types of risk - operational, credit, and market risks.
A specific instance was when we noticed an unusual surge in loan delinquency. My approach was to implement stricter debtor screening protocols using tools like Riskalyze, which helped in assessing the creditworthiness of borrowers. Simultaneously, I worked with the recovery team to streamline our debt collection process.
This two-pronged approach resulted in a 20% decrease in loan delinquencies over six months, positively impacting our branch's financial health. This role provided me with practical experience in risk management at the branch level, allowing me to understand and navigate the complexities of banking operations.