Credit Risk Assessment Specialist

2 weeks ago

Chicago, Illinois, United States Alliant Credit Union Full time

Position Overview:
As a Credit Risk Assessment Specialist, you will be responsible for the formulation and evaluation of credit policies and methodologies, alongside the development of analytical frameworks for loan origination and loss forecasting.

Key Responsibilities:
- Analyze data to identify both quantitative and qualitative elements influencing credit risk in consumer and mortgage lending.
- Conduct evaluations and oversee the implementation of both external and internal scoring systems.
- Engage in model testing and strategy evaluation while supporting audit and regulatory inquiries.

Collaboration:
Work collaboratively with various departments including Advanced Analytics, Lending, Loan Servicing, Marketing, Finance, and Data Services. Prepare presentations for management that focus on underwriting and account management strategies.

Risk Analysis:
- Assess origination risk factors and propose enhancements in underwriting criteria, lending policies, and loan product pricing to optimize loan volumes within acceptable risk limits.
- Monitor credit risk associated with credit cards and recommend strategies for line management, pricing, and authorization.

Data Preparation:
- Prepare data for quarterly performance analysis of mortgage and consumer loan portfolios from third-party sources.
- Provide analytical support for the assessment of risks related to new and enhanced lending products, as well as potential loan trading activities.

Analytical Techniques:
- Utilize statistical methods to improve test setups for evaluating the effectiveness of proposed risk strategies.
- Collaborate with Advanced Analytics to design and implement predictive models using tools such as Python, R, or SAS.

Compliance and Reporting:
- Generate periodic reports to ensure audit and regulatory compliance, while also assisting with ad hoc requests.
- Help develop and revise credit policies and procedures to align with new regulations.

Qualifications:
- Education: Bachelor’s Degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science, or a related field is required. A Graduate Degree in a similar field is preferred.
- Experience: A minimum of 1 year in credit risk analytics within the financial services sector is required. Alternatively, 5 years of relevant experience may substitute for formal education.

Benefits:
- Competitive medical, dental, and vision benefits.
- Paid parental leave.
- Competitive compensation package.
- Discounts on gym memberships.
- Generous paid time off and bank holidays.
- Tuition reimbursement program.
- 401k plan with immediate employer matching and vesting.

All activities must comply with the Bank Secrecy Act and all applicable state and federal laws, as well as company policies and procedures. Integrity and ethics must be maintained in all interactions with credit union members and their accounts, adhering to Privacy Act directives.

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States Alliant Credit Union Full time

    Position Overview:As a Credit Risk Assessment Specialist, you will be responsible for developing and evaluating credit policies and strategies, along with analytical frameworks for loan origination and loss forecasting.Key Responsibilities:- Analyze relevant data to identify both quantitative and qualitative factors influencing credit risk for consumer and...

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States CME Group Full time

    The Credit Risk Assessment Specialist will play a crucial role in pinpointing, analyzing, measuring, overseeing, and documenting significant risks associated with CME Clearing's counterparties and exposures. The main duty of the Specialist is to evaluate and track the credit risk posed by counterparties while assigning internal credit ratings based on...

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States Bank of Montreal Full time

    Application Overview:As a key player in the Audit, Risk & Compliance division, the Credit Risk Assessment Specialist conducts thorough evaluations of credit portfolios to ensure the accuracy of risk ratings and the overall quality of assets. This role is essential for effective risk management, providing critical insights to senior leadership regarding the...

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States Adyen Full time

    Company Overview: Adyen is a leading financial technology platform that offers an integrated solution for payments, data, and financial products, catering to renowned clients. Position Summary: We are looking for a Credit Risk Analyst to enhance our operations. The successful candidate will possess a solid background in credit risk management, with proven...

  • Credit Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States Alliant Credit Union Full time

    In this role, you 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. Perform evaluation, implementation and monitoring of third-party and...

  • Credit Risk Specialist

    5 days ago

    Chicago, Illinois, United States Canadian Imperial Bank of Commerce Full time

    About the RoleWe are seeking a skilled Credit Risk Analyst to join our team at the Canadian Imperial Bank of Commerce. As a Credit Risk Analyst, you will play a critical role in assessing the creditworthiness of commercial obligors and providing recommendations to support informed lending decisions.Key ResponsibilitiesConduct thorough credit reviews of...

  • Credit Risk Management Lead

    2 weeks ago

    Chicago, Illinois, United States Avant Full time

    Position Overview:As a Credit Risk Management Lead, you will play a pivotal role in steering the credit risk oversight for the organization, ensuring that the Personal Loan portfolio is adeptly managed to mitigate risks while fostering growth. This position necessitates strategic insight and collaboration with top-tier leadership to advance risk management...

  • Credit Risk Evaluation Specialist

    2 weeks ago

    Chicago, Illinois, United States Glow Services Corp Full time

    As a Credit Risk Management Analyst at Glow Services Corp, you will be integral to the development and enhancement of the organization's credit risk management frameworks. Your primary responsibilities will include evaluating data, constructing credit risk models, and overseeing portfolio performance to support informed decision-making. The ideal candidate...

  • Credit Risk Strategy Consultant

    2 weeks ago

    Chicago, Illinois, United States Glow Services Corp Full time

    As a Credit Risk Assessment Specialist at Glow Services Corp, you will be instrumental in the formulation and enhancement of the organization's credit risk management initiatives. Your primary responsibilities will include data analysis, the creation of credit risk models, and the oversight of portfolio performance to facilitate informed decision-making. The...

  • Senior Consumer Credit Risk Analyst

    2 weeks ago

    Chicago, Illinois, United States Mitchell Martin Inc. Full time

    Position Overview:Mitchell Martin Inc. is seeking a highly skilled Principal Consumer Credit Risk Specialist to enhance our analytical capabilities within the financial services sector.Key Responsibilities:Directs and implements Comprehensive Capital Analysis and Review (CCAR) evaluations in alignment with the annual strategic plan. This includes providing...

  • Financial Credit Specialist

    2 weeks ago

    Chicago, Illinois, United States Crédit Agricole Group Full time

    Position Title:Financial Credit Specialist / Senior Financial Credit Specialist Overview:Become a key member of our team at Crédit Agricole Group, where you will take charge of evaluating credit applications and conducting annual assessments.Core Responsibilities: Execute comprehensive credit evaluations for designated accounts Develop credit proposals in...

  • Credit Risk Analyst

    3 days ago

    Chicago, Illinois, United States CIBC Full time

    About the RoleWe're seeking a talented and experienced professional to join our Credit Review team as a Credit Risk Analyst. As a key member of our team, you will play a critical role in assessing the credit worthiness of commercial obligors and providing valuable insights to inform business decisions.Key ResponsibilitiesAssess the credit worthiness of...

  • Senior Consumer Credit Risk Analyst

    2 weeks ago

    Chicago, Illinois, United States Mitchell Martin Inc. Full time

    Position Overview:Mitchell Martin Inc. is looking for a Principal Consumer Credit Risk Specialist to contribute to our client's financial services operations.Key Responsibilities:Oversees and implements Comprehensive Capital Analysis and Review (CCAR) evaluations in alignment with the annual strategic plan. This includes providing expert guidance and...

  • Senior Consumer Credit Risk Analyst

    2 weeks ago

    Chicago, Illinois, United States Mitchell Martin Inc. Full time

    Position Overview:Mitchell Martin Inc. is looking for a Principal Consumer Credit Risk Specialist to enhance our financial services expertise.Key Responsibilities:Oversee and implement CCAR Reviews in accordance with the annual CCAR schedule. This includes providing strategic insights and leadership in formulating review scope and work plans; collaborating...

  • Credit Risk Analyst

    2 weeks ago

    Chicago, Illinois, United States Chicago Mercantile Exchange Inc. Full time

    The Credit Risk Analyst will be tasked with identifying, assessing, quantifying, and overseeing significant credit risks associated with CME's counterparties and securities clearing exposures. The core duties of the Analyst include evaluating credit risks tied to counterparties and exposures while formulating essential risk methodologies and processes...

  • Senior Consumer Credit Risk Analyst

    2 weeks ago

    Chicago, Illinois, United States Mitchell Martin Inc. Full time

    Position Overview:Mitchell Martin Inc. is seeking a Principal Consumer Credit Risk Specialist to enhance our analytical capabilities within the financial services sector.Key Responsibilities:Directs and implements Comprehensive Capital Analysis and Review (CCAR) evaluations according to the established annual framework. This includes offering strategic...

  • Credit Risk Analyst

    2 weeks ago

    Chicago, Illinois, United States Chicago Mercantile Exchange Inc. Full time

    The Credit Risk Analyst will play a crucial role in identifying, assessing, and monitoring significant credit risks associated with CME's counterparties and securities clearing exposures. The primary duties of the Analyst include evaluating credit risks linked to counterparties and exposures while developing essential methodologies and processes for...

  • Senior Consumer Credit Risk Analyst

    1 week ago

    Chicago, Illinois, United States Mitchell Martin Inc. Full time

    Position Overview:Mitchell Martin Inc. is in search of a Principal Consumer Credit Risk Specialist to enhance our financial services expertise.Key Responsibilities:Oversee and implement Comprehensive Capital Analysis and Review (CCAR) evaluations in accordance with the annual strategy. This includes providing strategic insights and leadership in defining the...

  • Senior Consumer Credit Risk Analyst

    1 week ago

    Chicago, Illinois, United States Mitchell Martin Inc. Full time

    Position Overview:Mitchell Martin Inc. is in search of a Principal Consumer Credit Risk Specialist to enhance our financial services capabilities.Key Responsibilities:Directs and implements Comprehensive Capital Analysis and Review (CCAR) evaluations according to the established annual framework. This includes offering strategic insights and leadership in...

  • Credit Risk Analyst

    1 week ago

    Chicago, Illinois, United States Chicago Mercantile Exchange Inc. Full time

    The Credit Risk Analyst will be tasked with identifying, assessing, quantifying, and overseeing significant credit risks associated with CME's counterparties and securities clearing exposures. The core duties of the Analyst involve evaluating credit risks linked to counterparties and exposures while developing essential risk methodologies and processes...