Credit Risk Analyst Jobs

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The Credit Risk Analyst position will develop and review credit policies and strategies as well as data and analytical frameworks for loan origination and loss forecasting. Review relevant data to identify the quantitative and qualitative factors driving the credit risk for consumer & mortgage loans. Preform evaluation, implementation and monitoring of third-party and in-house scoring solutions. Perform model and strategy testing and assist with audit/regulatory requests. Work cross-functionally with other teams such as Advanced Analytics, Lending, Loan Servicing, Marketing, Finance, and Data Service teams, preparing underwriting and account management presentations to management for review and implementation.

Responsibilities

• Prepare data for third-party quarterly mortgage & consumer loan portfolio performance analysis
• Evaluate, implement, and monitor third-party scoring solutions
• Provide data and analytics support to assess risk with respect to future new and enhanced lending products as well as potential loan trading transactions
• Review and monitor credit risk for credit card, and recommend/implement line management, pricing and authorizations strategies
• Generate periodic reports for audit and regulatory compliance and assist with ad hoc requests
• Query the data warehouse and other databases with tools such as SAP Business Objects / Microsoft SQL Server Management Studio to extract, summarize, and save relevant data
• Help formulate and revise credit policies and procedures to address new regulations
• Drive improvements by utilizing statistical techniques in test set-up to more accurately assess effectiveness of proposed risk strategies
• Prepare supporting information and present findings to management
• Assess analytics including but not limited to economic capital analysis, credit loss modeling and mitigation, CECL implementation
• Analyze origination risk factors and recommend/implement improvements in areas such as underwriting criteria, lending policies and standards, and loan product pricing to increase loan volumes within the risk appetite
• Work with other teams such as Advanced Analytics to design and build predictive models in tools such as Python/R/SAS
• Provide support and rule recommendations for loan origination system implementation and maintenance

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

Education

Qualifications

• Masters’ Degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science or Related – Preferred
• Bachelor’s Degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science or Related – Minimum

Experience

• 1+ Years’ of Experience in credit risk analytics within a financial services environment – Preferred

Experience In Lieu Of Education

• 5+ Years’ of Experience in credit risk analytics within financial services

As a thank you for joining our team, you’ll benefit from:

• Generous PTO and banking holidays off
• Contributions towards gym memberships
• Competitive medical, dental, and free vision benefits
• Competitive compensation plan

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