Principal Credit Risk Analyst

Navy Federal•Pensacola, FL

About The Position

Lead the monitoring, analysis, and modeling efforts to support the Credit Risk Strategy and Analytics function within Navy Federal's Credit Risk Management division (second line of defense). Leverage member, financial, and organizational data to oversee NFOU's lending activities and credit exposure, ensuring rigorous risk identification, measurement, and monitoring across the enterprise. Drive actionable risk mitigation strategies and business intelligence to advance the sustainable growth of NFCU's lending products. Manage complex tasks and projects with minimal supervision, exercising significant autonomy. Senior professional in the field, demonstrating expertise and leadership in the discipline. Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Requirements

Bachelor’s Degree in a quantitative disciplines or equivalent combination of training, education and experience
7-10 years of experience with credit risk assessments at a large financial institution
Subject matter expert within business area/specialization with understanding of interrelationships of different disciplines
Significant knowledge and understanding of credit risk management techniques and methodologies, including statistical analysis, scenario modeling, and credit loss forecasting
Significant knowledge of applicable federal and state regulations, company policies, and industry best practices
Significant experience managing multi-faceted projects simultaneously that have cross-departmental impact
Significant knowledge of operational and regulatory risk control concepts and practices
Proven ability to plan, organize and effectively execute risk mitigation and process improvement initiatives
Advanced organizational, planning and time management skills
Advanced research and analytical skills
Strong understanding of the interactions between credit risk, consumer behavior, and macroeconomic conditions
Extensive experience interpreting and synthesizing large data sets to assess and forecast risk
Advanced leadership skills in driving organizational adoption of risk management best practices
Advanced skill in programming languages (SQL, R, Python, Hadoop, SAS, SPSS, Scala, AWS)

Nice To Haves

Master’s Degree in quantitative discipline or related field or equivalent combination of training, education and experience

Responsibilities

Lead data-driven analyses to challenge credit underwriting strategies using historical loan data, financial reports, and alternative data sources
Develop insights and recommendations for enhancing credit risk strategies and lending products, including analysis of debt issuers, guarantors, and vendors
Drive innovation in credit risk strategies through complex analytical models and credible challenges, focusing on financial performance metrics
Create advanced forecasting models and ranking tools to predict loan performance and inform credit strategy development
Design and implement comprehensive monitoring frameworks to track credit risk performance and financial impacts
Analyze portfolio performance in detail, providing actionable insights to leadership
Collaborate closely with internal teams, including Marketing, Operations, and Finance, to support product and marketing strategy changes
Maintain and develop credit risk policies, ensuring alignment with regulatory requirements and organizational risk appetite
Present complex data-driven insights to senior management, influencing high-level lending decisions
Communicate the financial implications of credit risk strategies and emerging risks to executives
Ensure compliance with evolving regulatory requirements through proactive policy management and financial risk assessments