Bank Credit Risk Analyst Principal responsible for credit risk program oversight and governance. Conducting complex analyses to identify and mitigate credit risks within the bank.
Responsibilities
Responsible for conducting statistical, econometric and financial analyses to identify and mitigate emerging credit risks across bank.
Integrates artificial intelligence/ machine learning, credit and financial scenario modeling, complex data architecture, strategy, credit research, macro research and development, and design competencies.
Delivers on highly complex credit and econometric solutions that mitigate the risk, costs and impacts of large and granular behavioral and macroeconomic credit risks.
Drives development and maturation of complex credit and financial frameworks.
Delivers cross credit, and credit impacting operational, financial and strategic initiatives to leverage asset specific insights and drive scale economies; i.e. Enterprise capital concerns related to Basel III impacts, fraud spikes and emerging trends, enterprise stress contingency lever submission and integration accuracy; finance/strategy/marketing data sourcing for Level Up new prime card product, Eligibility Expansion, Economic Capital, CRA marketing, Secured card and enterprise segment targeting.
Advises on complicated credit and financial analyses across credit finance, product and marketing, operations and market risk, as well as lines of defense.
Provides direction and consultation to senior leaders across the bank on highly complex and unique credit and financial risk issues.
Serves as a key advisor and consultant to the Bank Head of Credit and SLOD Chief Credit Officer on risk management and mitigation efforts, a proxy / delegate in senior leadership forums.
Strengthens regulatory responses to ensure industry leading quality (Consent Order, Examinations, etc.), ensuring as well appropriate communication and collaboration with impacted stakeholders.
Interacts with regulators and internal and external auditors related to bank credit risk appetite, stress test, provision, modeling issues and requests.
Drives remediation efforts by leveraging industry-leading subject matter expertise and experience to prioritize, strategize, and build consensus within the team and senior management (Audit findings, MRA’s, etc.) across various departments.
Develops efficiencies and strategic improvements to Bank Credit programs (Risk Appetite, Effective Challenge, KRI’s, RAMs).
Leads collaborative engagements and creates best practices across the Bank Credit product teams and the horizontal risk-aligned teams to ensure proper identification of risks and emerging trends.
Responsible for the development and delivery of training to build technical and business acumen within the Bank organization.
Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Requirements
Bachelor’s degree; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
10 years experience applying operational risk frameworks, oversight and best practices to include 6 years of bank credit risk with accountability for highly complex projects/initiatives with significant impact within a financial services/banking organization.
Extensive experience in model development and optimization for credit risk strategy development, delivery and implementation.
Extensive experience with data analytics and insights conducting complicated/complex credit and financial analyses; identifying and mitigating emerging credit risks across bank products.
Strong knowledge and understanding of interest rate, capital allocation and liquidity market to include fraud, operations, and compliance risk.
Executive-level business acumen in the areas of bank credit, finance and bank industry practices.
Bank credit risk consulting skills to include gathering and synthesizing business requirements and communicating and/or facilitating constructive opportunities to a variety of audience levels including senior management.
Experience collaborating with key resources and stakeholders, influencing decisions, and managing work to achieve strategic goals required.
Experience leading and developing high quality committee, regulatory and executive reporting and responses as needed.
Strong track record of driving change across risk areas, risk tools, asset classes and processes.
Demonstrated ability to manage and drive multiple remediation activities to completion timely and with high degree of quality.
Benefits
comprehensive medical, dental and vision plans
401(k)
pension
life insurance
parental benefits
adoption assistance
paid time off program with paid holidays plus 16 paid volunteer hours
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