Credit Risk Analyst

UnitedHealth Group•Draper, UT

6d•$60,200 - $107,400•Onsite

About The Position

The Optum Bank Credit Risk Analyst will be responsible for assessing the credit risks that arise from the Bank’s lending and investing activities. The Analyst will work with broader Risk Group as well as Credit professionals to assess the credit and financial strength of the Bank’s borrowers and counterparts by performing fundamental credit analysis, using both quantitative and qualitative factors, and provide recommendation for loan transactions, determine appetite and risk ratings, and monitor credit trends in the portfolio. This role supports the broader risk governance frameworks, regulatory compliance, and strategic decision-making through quantitative analysis and reporting. The Risk Management function is dedicated to safeguarding the bank's assets and ensuring operational stability. The department develops and implements the risk framework, policies, standards, and procedures aligned with the bank's strategic goals.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Statistics, Engineering or related field
2+ years of consumer credit risk management or underwriting experience
2+ years of experience with SQL, Python, R, or SAS

Nice To Haves

Credit risk experience in a consumer or healthcare financing, fintech, bank or other financial institution
Knowledge of credit life cycle (origination, portfolio management, collection), loan loss provisioning, and advance credit risk analytics
Background in model validation, governance, or audit support
Exposure to loan purchase programs, securitization, or warehouse lending
Advanced proficiency in Microsoft Office PowerPoint (creating and executing presentations), and Excel (Financial Spreading, Pivot Tables, VLOOKUP, Advanced Formulas, Formatting, etc.)
Proven ability to clearly communicate verbally and in writing
Proven ability to translate complex risk concepts into clear business insights
Proven attention to detail and solid problem-solving skills
Proven excellent interpersonal skills, including the ability to lead and collaborate with multiple teams
Proven ability to scope and lead a risk assessment or project from start to end and present results to stakeholders and senior leaders
Proven solid project management / organizational skills and the ability to manage multiple assignments concurrently across various stakeholders

Responsibilities

Actively engage with Bank’s lending and investing stakeholders to review and assess potential credit risks associated with lending portfolios, products, processes, and strategies
Perform ongoing assessment of the credit and financial strength of the commercial and consumer counterparts by performing fundamental credit analysis of counterparties using internal rating methodologies
Review loans on an individual and aggregate portfolio basis to determine potential risks, adherence to policy and procedures, and accuracy of risk ratings
Present findings and recommendations to senior leadership and answer questions relating to analysis performed and escalate issues to senior management
Assist in updating, implementing and maintaining credit risk rating methodologies
Support senior leadership in partnering with broader business units to assess data availability, data sufficiency, and reporting needs for credit risk assessment
Perform broader sector analysis in order to assess industry fundamentals and portfolio trends
Conduct scenario analysis and sensitivity testing to quantify potential losses
Generate report with early warning indicators then review, assess and propose rating action recommendation to senior leadership
Support internal audits and regulatory exams
Assist with development and enhancement of risk policies and underwriting standards
Partner with underwriting, finance, and product teams to assess new products and strategies