Credit Risk Analyst

Numerica Credit Union•Spokane Valley, WA

17h•$37 - $55•Onsite

About The Position

With the goal of enhancing lives, fulfilling dreams and building communities, this position performs complex financial analysis, responsible for managing the Current Expected Credit Losses (CECL) and loan stress testing models and reporting requirements. This position is also responsible for credit risk reporting, policies, and procedures.

Requirements

Bachelors degree plus four to six years’ experience, or equivalent years of experience and education.
The ability to communicate verbally and in writing with others is essential.
Ability to solve practical problems and deal with a variety of concrete variables in situations where limited standardization exists.
Ability to operate a personal computer.
Ability to lift up to 25lbs.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to effectively write reports, business correspondence, procedure manuals and e-mails.

Nice To Haves

Technical proficiency in Excel (formulas and pivot tables) is preferred.
Previous experience with CECL is preferred.
Familiarity with bank or credit union accounting terminology, standards and acronyms is helpful.

Responsibilities

Performs complex financial analysis. Analyzes, interprets and communicates CECL and loan stress testing model results to management. Strong knowledge of credit risks and metrics.
Own models including assumptions, portfolio segmentation decisions, and results calculations. Creation and ongoing maintenance of all CECL and loan stress testing related documentation: desktop procedures, policies, etc.
Primary interface for internal and external parties on CECL and loan stress testing, including auditors and regulators. Generates all related reporting for internal stakeholders.
Manages CECL Qualitative Adjustment calculations.
Partners with Numerica’s lending and credit teams to understand business practices related to Qualitative factor categories and ratings.
Partner with Accounting, Organizational Data Management, and IT to ensure necessary data is available, accurate, and internal protocols are being followed.
Responsible for ongoing model risk management.
Point of contact for economic data, assumptions, and forecasts utilized in Numerica’s CECL model.
Create reports from the data warehouse and other databases.
Maintains knowledge and adheres to all BSA regulations and compliance standards on internal and external policies.
Effectively incorporates concepts of CARES Principles in daily behaviors and interactions: Connect – Create meaningful relationships, Ask – Be intentionally curious, Resolve – Actively seek solutions, Elevate – Never stop improving, Strengthen – Be the difference.