Sr. Risk Analyst

3 weeks ago

Sandy, United States The Ladders Full time
Merrick Bank employees share in our mission to delight our customers and empower underserved consumers to achieve their credit goals. In return, we delight our associates; ensuring they are noticed, heard, appreciated and understand the importance of their role(s). For over 20 years, our Guiding Principles of; doing the right thing, putting the customer first, and Earn, Learn, Have Fun (aka E.L.F.), have defined who we are as an Employer of Choice. Give Yourself Credit, Work at Merrick

The Senior Analyst (Loss Forecasting) position is responsible for forecasting portfolio and charge offs. Responsibilities include analyzing portfolio performance using empirical measurements and working with the quantitative models to develop accurate loss forecasts that will achieve management objectives with respect to maintaining an adequate loss reserves according to CECL regulations. This position is also responsible for the coordination and development of internal data sets for use in vendor CECL loss forecast models, which Includes the retrieval, organization and cleaning of data from disparate sources. This position requires extensive knowledge of modeling and forecasting techniques using analytical software such as SAS, R, Python, SQL and related applications as well as excellent problem-solving and communication skills.

Essential Functions:

  • Coordinates development of internal data sets for use in vendor CECL loss forecast models. Includes the retrieval, organization and cleaning of data from disparate sources.
  • Provides management with interpretation of model performance, including the strengths and weaknesses of quantitative approaches. Makes recommendations to executive management for CECL based reserve amounts and identifies appropriate Qualitative Adjustment factors.
  • Prepares and maintains documentation for vendor model calibration efforts. Executes and maintains controls surrounding the CECL reserve generation. Prepares responses to questions from reviewers and regulators, including conducting the need quantitative analysis.
  • Provides executive management with analysis and rationale for monthly CECL loss forecasts by segment.
Education and Experience:
  • Bachelor's degree in Math, Quantitative Analysis, Statistics, Business Finance, Economics or other quantitative discipline is required.
  • Five (5) years' proven credit analysis using SAS, Python or similar analytical software is required. Credit card or consumer credit portfolio management experience is preferred.
Summary of Qualifications:
  • Experience in fraud investigations / credit risk management is required.
  • Experience with credit bureau data and systems is preferred.
  • Previous banking or lending experience preferred.
  • Experience with Compliance audits / internal audits preferred.
  • Experience in loan portfolio delinquency and charge off analysis, forecasting under a CECL framework.
  • Excellent problem solving, communication, verbal/written presentation skills and the ability to work independently.
  • Strong Microsoft Windows desktop and server operating systems knowledge.
  • Success as a competent troubleshooter.
  • Ability to prioritize multiple tasks and to meet appropriate deadlines.
  • Excellent organizational skills.
  • Foster company success through a professional appearance, being courteous to internal customers and associates, having a positive attitude, and being a team player.
  • Ability to communicate with others and to assimilate and understand information, in a manner consistent with essential job functions.
  • Ability to multi-task is essential.
We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite. Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location. Our benefits offerings include medical, dental, vision, life insurance, 401(k) plan with company match, paid vacation time, sick time, as well as other benefits and programs to meet the needs of our employees. Further details will be shared during the interview or offer process, as appropriate and applicable.

We are an equal opportunity employer, and we evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status or any other legally protected characteristic. We will conduct a thorough background check for all hires in compliance with applicable law which includes (but may not be limited to) a review of factors including drug testing and employment/personal references.

Other details
  • Job Family Credit Risk Management
  • Job Function Sr. Prof
  • Pay Type Salary


Apply Now

  • Commercial Loan Risk Analyst

    2 weeks ago

    Sandy, United States Capital Community Bank Full time

    About the Company:Capital Community Bank (CCBank) is a community-oriented financial institution based in Utah. We pride ourselves on fostering a collaborative and inclusive workplace where our employees thrive as a cohesive unit. Our forward-thinking bank offers continuous training and development opportunities, alongside competitive benefits and a wellness...

  • Senior Financial Analyst

    2 months ago

    Sandy Springs, United States Atlanticus Services Corporation Full time

    Job DescriptionJob DescriptionSenior Financial AnalystOverviewAn industry-leading provider of alternative finance solutions for the financially underserved consumer credit market is seeking an experienced financial analyst to support the organization's operational objectives. As the Senior Financial Analyst, you will be responsible for providing...

  • Senior Financial Analyst

    2 weeks ago

    Sandy Springs, United States Atlanticus Services Corporation Full time

    Job DescriptionJob DescriptionSenior Financial AnalystOverviewAn industry-leading provider of alternative finance solutions for the financially underserved consumer credit market is seeking an experienced financial analyst to support the organization's operational objectives. As the Senior Financial Analyst, you will be responsible for providing...

  • Sr. Business Intelligence Analyst

    2 months ago

    Sandy Springs, United States Compass One Healthcare Full time

    The Senior Business Intelligence Data Analyst brings a data driven approach to solving company problems and providing strategic insight. The role will entail ownership of key projects across the company and include gathering, cleaning, and optimizing data for building dashboards, reports, models, and analysis. The ideal candidate has a curiosity about seeing...

  • Sr. Business Intelligence Analyst

    2 months ago

    Sandy Springs, United States Compass One Healthcare Full time

    The Senior Business Intelligence Data Analyst brings a data driven approach to solving company problems and providing strategic insight. The role will entail ownership of key projects across the company and include gathering, cleaning, and optimizing data for building dashboards, reports, models, and analysis. The ideal candidate has a curiosity about seeing...

  • Financial Analyst

    2 weeks ago

    Sandy Springs, United States Atlanticus Services Corporation Full time

    Job DescriptionJob DescriptionOverviewAn industry-leading provider of alternative finance solutions for the financially underserved consumer credit market is seeking an experienced financial analyst to support the organization's operational objectives. As the Financial Analyst, you will be responsible for providing strategic financial information through...

  • Data Analyst

    6 days ago

    Sandy, United States WCF Insurance Full time

    Job OpportunityWCF Insurance is seeking a highly skilled professional to join their team as a Data Scientist/Actuarial Modeler. This is a full-time, exempt position that offers remote or hybrid working arrangements in a dynamic and inclusive work environment.Key ResponsibilitiesThe successful candidate will have a variety of responsibilities that support...

  • IT Security Governance Intermediate

    2 weeks ago

    Sandy, United States Mountain America Credit Union Full time

    Please reference the schedule and minimum qualifications listed below before applying. If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at [redacted] option 1 or email [redacted] and every reasonable effort will be made to accommodate...

  • Sr. Corporate Paralegal

    2 months ago

    Sandy Springs, United States Yankee Candle Full time

    Job ID: 982 Alternate Locations: United States-Georgia-Atlanta Newell Brands is a leading $8.3B consumer products company with a portfolio of iconic brands such as Graco®, Coleman®, Oster®, Rubbermaid® and Sharpie®, and 25,000 talented employees around the world. Our high-performance culture, unparalleled curiosity about the world around us, and...

  • Sr. Salesforce Marketing Cloud Developer

    3 months ago

    Sandy Springs, United States Resolution Technologies Full time

    Job Description Senior SALESFORCE MARKETING CLOUD DEVELOPER (REMOTE) SENIOR SALESFORCE MARKETING CLOUD DEVELOPER JOB INTRODUCTION Resolution Technologies is seeking a Salesforce Marketing Cloud Developer that will be responsible for executing email, demand generation, and multi-channel lead nurturing campaigns through our Salesforce Marketing...

  • Senior Corporate Financial Analyst

    1 week ago

    Sandy Lake, Pennsylvania, United States Decision Associates Full time

    Position OverviewDecision Associates is representing a prominent client in the manufacturing sector, seeking a seasoned Corporate Accountant. This organization has established itself as a leader in the production of metal construction materials and self-storage solutions.The Corporate Accountant plays a vital role in collaborating with executive management,...

  • Sr. Manager Sustainability Regulations

    2 weeks ago

    Sandy Springs, United States וריטיב עסקים Full time

    Job Purpose:Our Sustainability EPR Advocacy & Innovation Manager, under the general supervision of the Senior Director of Sustainability, will serve as a subject matter expert to Veritiv's sales teams and customers. This position will provide guidance on Extended Producer Responsibility (ERP) and other relevant regulations that apply to our products,...

  • BAS Systems Engineer

    1 month ago

    Sandy Plains, United States Johnson Controls International Full time

    Build your best future with the Johnson Controls team As a global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Join a winning team that enables you to build your best future! Our teams are uniquely positioned to support a multitude of industries across...