Responsible for analyzing internal and external factors for the consumer & mortgage loan portfolio with respect to metrics such as delinquency and loss frequency/ severity, querying corporate databases and generating reports, evaluating, implementing, and monitoring third-party and in-house scoring solutions, building empirically derived and statistically sound models that account for existing business policies and procedures, recommending rule changes and providing support for advanced decision management software, and assisting with audit/regulator requests. Work involves interaction with various departments, preparation of analysis summaries, and effective presentations to internal clients.
Resources to do the job requires reliance on knowledge of credit union products and services and detailed knowledge of credit risk concepts, lending, collections, regulatory requirements, and reporting. General supervision is provided by the Manager, Credit Risk.
Credit Risk Responsibilities (60%): Analyze origination risk factors and recommend improvements in underwriting criteria and loan product pricing to increase loan volumes while minimizing losses. Support new data acquisition and consult other functional areas on current data intricacies. Provide monthly updates for the loan portfolio performance reporting package, including but not limited to origination quality, delinquency, and loss metrics. Prepare data for third-party quarterly mortgage & consumer loan portfolio performance analysis. Track, review, and implement changes to Adaptive Control System modules, based on First Data/FICO methodology, for the credit card portfolio. Provide C++/Java coding support and rule recommendations for loan origination system implementation and maintenance. Partner with Lending, Marketing, and other departments to assist in assessing risk with respect to future new and enhanced lending products.
Functional Responsibilities (30%): Assist in studies on improving credit risk measurement for regulatory capital calculation, such as Foundation Internal Ratings-Based Approach framework. Partner with Loss Prevention & Recovery to enable sound collection strategies. Build rapport with Database Administration to streamline two-way communication to ensure data quality. Query the Data Warehouse and other databases with SAP BusinessObjects/SQL Server Management Studio to extract, summarize, and save relevant data. Set up test/control groups to assess effectiveness of proposed risk strategies and collaborate with Operations and other departments for project implementation. Design and build predictive models in SAS. Evaluate, implement, and monitor third-party scoring solutions. Prepare supporting information and present findings to management.
Administrative Responsibilities (10%): Generate periodic reports for audit and regulatory compliance and assist with ad hoc requests. Help formulate and revise credit policies and procedures to address new regulations.
Operates a variety of office equipment such as fax, copier, and personal computer. Works frequently with Microsoft Office Products Excel and Word.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
Completion of undergraduate degree with advanced degree (Master) in Finance, Mathematics, Economics, or related field required; two or more years of risk analysis experience in the financial services industry, preferably in consumer & mortgage lending. Solid understanding of statistical decision tree and regression techniques for predictive modeling. Familiarity with First Data Adaptive Control System/TRIAD or other leading business rule management system; SAS experience required, SAS Enterprise Miner a plus; proficiency in C++/Java or equivalent programming languages. Advanced knowledge of MS Office Suite. Experience with relational databases and SQL syntax, hands-on with SAP BusinessObjects reporting preferred. Strong organizational, communication, collaborative, and consultative skills. Exceptional attention to detail; ability to successfully present complex analyses to internal customers with different technical backgrounds.