Hybrid Principal Bank Credit Risk Analyst

Posted 3 weeks ago

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About the role

  • 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
  • various wellness programs
  • career path planning and continuing education

Job title

Principal Bank Credit Risk Analyst

Job type

Experience level

Lead

Salary

$189,370 - $361,950 per year

Degree requirement

Bachelor's Degree

Location requirements

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