Director, CECL Analytics and Loss Forecasting

First National Bank of Omaha•Omaha, NE

10d•Hybrid

About The Position

The Director, CECL Analytics and Loss Forecasting is a technical and business leadership position responsible for 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 strategic business leadership, including subject matter expertise in commercial lending practices and loss forecasting models such as Moody’s dual score matrices. The Director advises executive leadership on credit risk trends, regulatory implications, and strategic opportunities related to loss forecasting. The role leads CECL model development and enhancement, qualitative assessments, regulatory compliance, and communication of business intelligence. It also independently manages complex credit risk projects and provides strategic guidance and technical mentorship to analysts and business leaders. The position is anticipated to be hybrid, with in-person collaboration three days per week and remote 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, with expert knowledge of Excel.
Strong knowledge of cloud-based data warehousing solutions.
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 and 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 finance, 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.
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 integrating loss forecasting with business strategy, risk appetite development, and regulatory compliance across lending portfolios.
Develop and maintain appropriate CECL loss forecasting models for commercial portfolios using Moody’s dual score matrices and portfolio segmentation approaches.
Continuously enhance CECL qualitative assessments and write-ups, explaining portfolio-specific risk factors, economic adjustments, and management overlays.
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 recommendations, and implementation support.
Provide strategic guidance and technical mentorship to analysts and business leaders through expertise sharing, training, and consultation.