Credit Risk Analyst

Job Summary:

The Credit Risk Analyst will be a key member of the Credit Risk Management team at Peapack-Gladstone Bank. This role is responsible for supporting the Credit Risk CECL / Loss Forecasting model and Stress Testing models.

The ideal candidate will possess strong analytical and quantitative skills, with the ability to analyze macroeconomic data and provide solutions on data and reporting needs. They will also be responsible for implementing analytical approaches and methodologies, and assisting in the interpretation of results by presenting reports to management for use in decision making and strategic planning.

Key Responsibilities:

• Support quarterly and ad-hoc analyses covering allowance variables, portfolio changes, macroeconomic scenario forecasts, and emerging risks
• Monitor and analyze macroeconomic data on an on-going basis to describe changes in macroeconomic conditions over the course of each quarter
• Design and perform CECL analytics support for ongoing production, including attribution analysis, sensitivity analysis, etc.
• Ability to collaborate effectively and follow up to ensure achievement of deadlines, outcomes and results
• Coordinate with the CECL and accounting policies, Controller, and Finance teams for CECL model development and enhancement

Requirements:

• Bachelor's degree in quantitative discipline such as: Quantitative Finance, Mathematics, Statistics, Engineering or other quantitative subject
• 3 to 5 years of financial services experience in credit risk management, treasury or a finance function
• Strong analytical and quantitative skills, critical thinking, investigative problem-solving and decision structuring talents
• Understanding of stress testing (interest rate risk, liquidity risk and capital risk), experience with return measures and stress construction

What We Offer:

Peapack-Gladstone Bank offers a competitive salary and benefits package, including medical, dental, and vision coverage, a 401k match, and a generous PTO package.

We are an equal opportunity employer and welcome applications from diverse candidates.