Portfolio Risk Analyst

First Interstate BancSystem • Billings, MT

4d

About The Position

The Portfolio Risk Analyst monitors portfolio risk across First Interstate Bank’s loan portfolio by conducting analysis and underwriting activities and developing and publishing risk-related reports on borrower and portfolio trends within parameters established by management. The role supports credit risk analytics, insight generation, data management and reporting, and forward-looking risk assessment. It also contributes to credit policies, procedures, guidelines, and departmental SOX controls.

The position may be located at any First Interstate Bank office in Colorado, Idaho, Iowa, Missouri, Montana, Nebraska, Oregon, South Dakota, Washington, or Wyoming. Typical work hours are Monday through Friday, 8 a.m. to 5 p.m. Weekend work may be required based on business needs. Travel for team meetings is approximately 5%, or one to two times per year.

Requirements

• High school diploma or GED required.
• 7–9 years of experience in banking, or an equivalent combination of education and experience, required.
• Experience writing and executing SQL code to support automated and recurring reporting processes.
• Thorough knowledge of commercial banking activities, including cash flow analysis, collateral analysis, and problem loan management strategies.
• Strong understanding of compliance requirements, regulatory guidelines, and FIB credit policies and procedures.
• Advanced Microsoft Excel skills, including PivotTables, and proficiency with Microsoft Word and PowerPoint.
• Ability to read and interpret scientific and technical journals, financial reports, and legal documents.
• Ability to develop and maintain relationships with stakeholders, including Relationship Managers, Credit Officers, and Risk Management personnel.
• Ability to work effectively in a fast-paced environment, prioritize competing demands, meet deadlines, and adapt to changing priorities.
• Self-motivation and ability to support and inform credit risk decision-making.
• Strong analytical and problem-solving skills and exceptional attention to detail.
• Ability to collaborate effectively, prioritize work, and remain flexible as workloads and requirements change.
• Ability to respond effectively to inquiries or concerns from customers, regulatory agencies, and members of the business community.
• Ability to present information clearly and effectively to senior management, public groups, and boards of directors.
• Ability to identify and define problems, collect and analyze data, establish facts, and draw sound conclusions.
• Ability to interpret technical instructions in mathematical, written, or diagrammatic form and manage abstract and concrete variables.
• Regular and predictable attendance is required.
• Ability to meet the physical demands of the role, including frequent computer keyboard and mouse use, handling, hearing, talking, and sitting; occasional standing and walking.

Nice To Haves

• Bachelor’s degree in Business, Finance, Accounting, or a related field preferred.

Responsibilities

• Analyze portfolio trends, including policy exceptions, borrowing base monitoring, asset quality, loan loss history, financial performance metrics, and loan-level data.
• Assist with development of credit risk analytics, reporting, data management, insight generation, and forward-looking risk assessment capabilities.
• Oversee monthly department performance monitoring and data input tracking.
• Test, monitor, and produce industry and portfolio-segment reports using data from the Loan Origination System.
• Assist with portfolio reviews assessing credit performance outlook, portfolio risk profiles, analysis, and risk appetite.
• Manage the PLSR process and ensure problem loans comply with policy requirements.
• Prepare analytical materials for cross-functional discussions and communicate findings to supervisors, risk team members, line staff, and Finance.
• Generate monthly, annual, and ad hoc reports on the Bank’s loan portfolio.
• Develop advanced knowledge of existing and new loan systems, including Fiserv, CreditTrack, and Primatics.
• Assist in developing credit policies, procedures, and guidelines for the Credit Risk Management department.
• Complete departmental SOX control functions.
• Perform other job-related duties and special projects as assigned.

Benefits

• Generous paid time off and paid federal holidays
• Student debt employer repayment program
• 401(k) retirement plan with a 6% match
• Medical, dental, and vision benefits
• Short-term and long-term disability benefits
• Life insurance
• Flexible spending accounts
• Health savings account
• Employee assistance program
• Annual discretionary cash bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: High school or GED