Credit Risk Analyst III

2 weeks ago


Miramar, Florida, United States Amerant Bank Full time
{"title": "Credit Risk Specialist III", "description": "Job Summary

Amerant Bank is seeking a highly skilled Credit Risk Specialist III to join our team. In this role, you will be responsible for calculating the Allowance for Credit Losses (ACL) and Credit Risk SEC reports. You will also be accountable for ACL model development, documentation, implementation, and performance testing. Additionally, you will be the custodian of Credit Risk Models, responsible for their implementation, validation, and documentation.

Key Responsibilities
  • Oversee and calculate the ACL according to the approved methodology, which requires compiling all needed information from credit related units, downloading loan portfolio data, and preparing the required reports.
  • Update the ACL loss factors, including prepayment, WARM, Vintage, qualitative adjustments, and transfer risk factors.
  • Assist in CECL's ACL model performance and validation testing, and ensure model documentation is up to date.
  • Custodian of Credit Risk Models, responsible for implementation, validation, and documentation.
  • Prepare Credit Risk SEC, OCC, and other regulatory reporting, ensuring reports reconcile with Financial Reporting reports.
  • Update and maintain monthly Credit Risk data used by the department to prepare reports, track loan portfolio performance, and ACL adequacy.
  • Prepare quarterly Credit Risk presentations for the Executive Committee and Board Risk Committee, as well as ad-hoc presentations and reports.
  • Assist in defining the Bank's Credit Risk profile and appetite, monitoring arising risks, and recommending mitigating strategies.
  • Review and report on credit risk indicators, including Enterprise Risk Management indicators.
  • Coordinate the charge-off approval process (excluding operational related losses) and maintain Charge-offs and Recoveries files for Credit Risk reporting.
  • Assist in maintaining the Bank's Credit Risk policy as deemed necessary.
  • Develop and update the Credit Risk Department's procedures manuals as required.
Requirements
  • Bachelor's degree in finance, economics, or accounting.
  • Master's degree in business or related field desirable.
  • 3 to 5 years of experience in banking, ideally in credit risk modeling, and estimating CECL's Allowance for Credit Losses (ACL).
  • Expertise in using Excel, including lookup tables, pivot tables, charts, and macros.
  • Strong analytical and financial modeling skills.
  • Excellent communication skills (written and oral).
  • Ability to work under pressure (tight deadlines and shifting priorities).
  • Good interpersonal skills.
  • Fully bilingual (Spanish and English) desirable.
", "lang_code": "en"}

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