Credit Risk Analyst
4 weeks ago
We are seeking a highly skilled Credit Risk Analyst to join our team at Alliant Credit Union. As a Credit Risk Analyst, you will play a critical role in developing and reviewing credit policies and strategies, as well as data and analytical frameworks for loan origination and loss forecasting.
Key Responsibilities- Analyze origination risk factors and recommend improvements in underwriting criteria, lending policies, and loan product pricing to increase loan volumes within the risk appetite.
- Review and monitor credit risk for credit cards and recommend line management, pricing, and authorization strategies.
- Prepare data for quarterly mortgage and consumer loan portfolio performance analysis.
- Provide support and rule recommendations for loan origination system implementation and maintenance.
- Provide data and analytics support to assess risk with respect to future new and enhanced lending products, as well as potential loan trading transactions.
- Assess analytics, including economic capital analysis, credit loss modeling, and mitigation, and CECL implementation.
- Query the data warehouse and other databases to extract, summarize, and save relevant data.
- Drive improvements by utilizing statistical techniques in test set-up to more accurately assess the effectiveness of proposed risk strategies.
- Work with other teams to design and build predictive models in tools such as Python, R, or SAS.
- Evaluate, implement, and monitor third-party scoring solutions.
- Prepare supporting information and present findings to management.
- Generate periodic reports for audit and regulatory compliance and assist with ad hoc requests.
- Bachelor's Degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science, or a related field.
- Graduate Degree in a related field preferred.
- At least 1 year of experience in credit risk analytics within financial services.
- Competitive medical, dental, and vision benefits.
- Paid parental leave.
- Competitive compensation plan.
- Gym membership discounts.
- Generous PTO and banking holidays off.
- Tuition reimbursement.
- 401k with immediate employer match and vesting.
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