Consumer Credit Risk Analyst

2 weeks ago


Philadelphia, Pennsylvania, United States Federal Reserve Bank of Philadelphia Full time

Company Overview:
The Federal Reserve Bank of Philadelphia is a key component of the Federal Reserve System, which includes 12 regional Reserve Banks and the Board of Governors in Washington, D.C. This institution plays a crucial role in shaping and executing monetary policy, overseeing financial institutions, and delivering financial services to various stakeholders.

Position Summary:
The Financial Monitoring Group (FMG) within the Supervision, Regulation and Credit (SRC) department is seeking a dedicated quantitative analyst to assist in evaluating consumer credit risk across major banking institutions. The ideal candidate will possess a strong interest in consumer credit dynamics, robust analytical skills to interpret complex datasets, and the capability to articulate insights derived from data analysis.

Key Responsibilities:
- Engage in qualitative assessments of industry models during the Comprehensive Capital Analysis and Review (CCAR) process.
- Analyze consumer credit metrics to identify potential risks for bank examiners and other stakeholders.
- Collaborate with senior analysts to produce comprehensive reports, which include data collection, analysis, and presentation of findings.
- Participate in departmental and organizational projects of varying complexity.
- Exhibit effective core competencies relevant to the position.
- Undertake additional duties as assigned, contributing to departmental quality initiatives and adhering to information security protocols.

Qualifications:
- A Bachelor's degree in a quantitative field such as economics, finance, or statistics is required.
- A minimum of three years of relevant experience in banking or finance is essential; an advanced degree is preferred.
- Proficiency in statistical software (e.g., R, Python, SAS, Tableau) is advantageous.

Skills:
- Strong written and verbal communication abilities, capable of discussing complex supervisory issues with diverse stakeholders.
- Intermediate analytical skills, adept at diagnosing problems and identifying root causes.
- Experience in managing and analyzing large datasets to track performance indicators and emerging risks.
- Effective interpersonal skills, with a focus on team leadership and conflict resolution.
- Strong time management capabilities, able to navigate complex supervisory challenges independently.

Additional Information:
Applicants must provide proof of work authorization in the United States. This position is not fully remote; on-site work is required in a hybrid capacity. The Federal Reserve Bank of Philadelphia is committed to fostering a diverse and inclusive workplace, and encourages applications from individuals of all backgrounds.



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