Director, CECL Analytics and Loss Forecasting

First National Bank•Omaha, NE

12d•$97,774 - $166,216•Hybrid

About The Position

The Director, CECL Analytics and Loss Forecasting is a technical and business leadership position responsible for advancing FNBO’s CECL strategy, loss forecasting, and credit risk business intelligence across commercial real estate, commercial and industrial, agriculture, retail consumer, and small business lending portfolios. The role combines expertise in statistical and econometric modeling with business leadership, serving as a subject matter expert on commercial lending practices and loss forecasting models, including Moody’s dual score matrices. The Director also advises executive leadership on credit risk trends, regulatory implications, and strategic opportunities in loss forecasting. This position leads development and maintenance of CECL models and qualitative assessments, supports regulatory compliance, and translates forecasting results into business intelligence and management recommendations. It also directs complex credit risk projects and provides strategic guidance and technical mentorship to analysts and business leaders. The role is anticipated to be hybrid, with in-person collaboration three days per week and remote work flexibility two days per week. Work location may change based on business needs.

Requirements

Bachelor’s degree in data science, mathematics, statistics, finance, economics, or a related field.
At least 8 years of experience in highly analytical business functions, including at least 5 years in credit risk, modeling, or related fields.
At least 3 years of experience using Python and SQL for data analysis and financial modeling, and expert knowledge of Excel.
Strong knowledge of cloud-based data warehousing solutions such as Snowflake.
Excellent oral and written communication skills.
Ability to handle stress, meet deadlines, and work independently.
Deep knowledge of commercial real estate, commercial and industrial, agriculture, retail consumer, and small business lending products and credit risk characteristics.
Leadership abilities, including experience managing projects and/or teams in a technical environment.
Ability to manage multiple complex projects simultaneously while meeting critical deadlines.
Extensive knowledge of statistical and data science methods applied in the finance industry, along with advanced programming skills.
Ability to analyze data to identify complex business trends and propose solutions.
Ability to build consensus and influence the organization to achieve business goals.
Experience with loss forecasting and stress testing at a financial institution, preferably a CCAR institution.
Unrestricted work authorization; must not require future sponsorship.

Nice To Haves

Experience in banking or financial services.
Experience with loss forecasting and stress testing at a financial institution, preferably a CCAR institution.

Responsibilities

Lead strategic initiatives that integrate loss forecasting with business strategy execution, risk appetite development, and regulatory compliance across lending portfolios.
Develop and maintain CECL loss forecasting models for commercial portfolios using Moody’s dual score matrices and portfolio segmentation approaches.
Enhance CECL qualitative assessments and write-ups, explaining portfolio-specific risk factors, economic adjustments, and management overlays that support quantitative model outputs.
Ensure models meet regulatory standards, including SR 11-7, and serve as the primary liaison with regulators, auditors, and vendors on CECL matters and examinations.
Develop and communicate business intelligence connecting loss forecasting results to management decisions, macroeconomic trends, and organizational objectives.
Initiate and manage complex credit risk projects, including project design, data collection, analysis, summarization, presentation of results and recommendations, and implementation support.
Provide strategic guidance and technical mentorship to analysts and business leaders through expertise sharing, training, and consultation.