Credit Risk Analyst

U.S. Bank • Minneapolis, MN

12h • Hybrid

About The Position

U.S. Bank's Credit Risk Management area is seeking a Credit Risk Analyst to work on their Dealer Services (auto loan, auto lease, and recreational vehicle and marine craft) portfolios. Credit Risk Management has enterprise wide responsibility for monitoring, managing, and controlling the level of Credit Risk at U.S. Bank. This is accomplished via ongoing partnership with Business Line peers, internal and external examiners, and other risk partners within the overarching Risk, Compliance, and Audit umbrella. The overall objective of this role is to actively monitor and address existing and emerging Credit Risk and ensure timely and accurate reporting of that risk. This individual will be responsible for various activities, including: Second Line of Defense - Set Standards and Challenges Governance, Risk, & Oversight Functions Accountabilities · Establishes enterprise governance, risk, and control strategies and practices. · Provides oversight and independent challenge to the first line through review, inquiry and discussion. · Develops and communicates governance, risk, and control policies. · Provides training, tools, and advice to support the first line of defense in carrying out its accountabilities. · Monitors and reports on compliance with risk appetite and policies. ESSENTIAL FUNCTIONS: · Researches, evaluates, develops and communicates credit policy that is within the U.S. Bank risk appetite and meets business objectives and targets. · Provides oversight and independent challenge to the business line through review, inquiry and discussion. · Exercise independent judgement by displaying and reaching conclusions on the most complex portfolio issues as well as assume accountability for high quality recommendations regarding Dealer Services portfolios. · Provides training, tools and advice to support the business line in carrying out its accountabilities. · Monitors and reports on compliance with risk appetite and policies. · Analyzes the portfolio for emerging and key risk trends. Analyzes the output of reports to identify key risk trends and emerging risks within the portfolio. Independently determines what constitutes an emerging risk trend based on knowledge of the portfolio, industry and general macroeconomic environment. · Manages multiple projects and analyses and ensures deadlines are met. Ensure data structure provides necessary information for detailed, accurate reporting and analytics.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than eight years of applicable experience
• Four or more years of Retail (Credit Cards, Consumer Lines of Credit, Auto Loans, Deposits) credit risk management experience.
• Considerable knowledge of credit risk, financial and statistical analysis.
• Considerable knowledge of credit administration, policies and procedures, and regulatory compliance.
• Bachelor’s or Master’s degree in business, accounting, computer science, economics, finance or statistics, or equivalent work experience.
• Strong analytical skills.
• Strong written and verbal communication skills.
• Proficient in programming and data manipulation using SQL, SAS, Python, or R.
• Effective presentation, organizational, and prioritization skills.
• Proficiency utilizing a variety of software packages including Microsoft Word, Excel, PowerPoint, etc.
• Effective technical report writing skills.
• Ability to work independently with minimal guidance from manager.

Responsibilities

• Establishes enterprise governance, risk, and control strategies and practices.
• Provides oversight and independent challenge to the first line through review, inquiry and discussion.
• Develops and communicates governance, risk, and control policies.
• Provides training, tools, and advice to support the first line of defense in carrying out its accountabilities.
• Monitors and reports on compliance with risk appetite and policies.
• Researches, evaluates, develops and communicates credit policy that is within the U.S. Bank risk appetite and meets business objectives and targets.
• Provides oversight and independent challenge to the business line through review, inquiry and discussion.
• Exercise independent judgement by displaying and reaching conclusions on the most complex portfolio issues as well as assume accountability for high quality recommendations regarding Dealer Services portfolios.
• Provides training, tools and advice to support the business line in carrying out its accountabilities.
• Monitors and reports on compliance with risk appetite and policies.
• Analyzes the portfolio for emerging and key risk trends.
• Analyzes the output of reports to identify key risk trends and emerging risks within the portfolio.
• Independently determines what constitutes an emerging risk trend based on knowledge of the portfolio, industry and general macroeconomic environment.
• Manages multiple projects and analyses and ensures deadlines are met.
• Ensure data structure provides necessary information for detailed, accurate reporting and analytics.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Senior