Senior Credit Risk Analyst - Auto Financing
About The Position
The Sr. Analyst, Credit Risk is responsible for independent risk analysis and oversight of the credit quality of non-prime auto finance portfolio and may also monitor risk exposures arising from other banking activities. This role is accountable for all aspects of credit quality, including compliance with regulatory requirements and internal controls, and recommends opportunities and proposed resolutions that improve efficiency, effectiveness, and risk reduction for the department. The Sr. Analyst also reviews, analyzes, and evaluates the Company’s credit risk management program to support risk-based processing and reporting that reduce operating losses and maintain the maximum protection of the organization’s assets, products, and services.
Requirements
- Bachelor’s Degree or equivalent work experience in Accounting, Business, Statistics, Information Systems, Finance, Economics, or a related field – Required.
- 1+ years of experience in Risk Management, Credit Risk, Internal Audit, or a related field – Required.
- Demonstrated credit analysis skills, including the ability to understand and track market risk and evaluate related risk exposures.
- Ability to work with large databases and datasets to extract and convert data into useful results.
- Strong quantitative capabilities and analytical skills, including an investigative mindset.
- Proficiency in Microsoft Office 365 Products, including Excel, PowerPoint, Word, Teams, and Outlook.
- Ability to analyze risk and provide recommendations and resolutions to minimize exposure.
- Strong written and verbal communication skills, including the ability to summarize, document, and communicate information clearly and concisely.
- Ability to effectively communicate instructions, articulate issues, and document findings in a clear and concise manner.
- Ability to build and foster internal relationships.
- Strong organizational and time management skills.
- Ability to work independently as well as collaboratively within a team environment.
- Ability to stay current on industry best practices, procedures, and techniques.
- Ability to change direction as project demand dictates.
- Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.
Nice To Haves
- Master’s Degree in Accounting, Business, Statistics, Information Systems, Finance, Economics, or a related field – Preferred.
- Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Responsibilities
- Analyzes credit risk trends across assigned portfolios and escalates emerging issues in accordance with company policy and procedures.
- Reviews identified credit risks, liabilities, and exposures, and partners with business lines to recommend mitigation strategies and follow-up actions.
- Supports credit risk assessments by analyzing risk data, identifying plausible business and operational impacts, and maintaining accurate documentation.
- Serves as a department point of contact by responding to internal inquiries regarding credit risk, procedures, regulatory requirements, and project status updates.
- Researches emerging credit risks, market trends, and credit risk management best practices, and summarizes findings for the team.
- Evaluates credit risk management contingency plans and existing controls, and recommends opportunities to improve effectiveness and reduce risk.
- Prepares review memoranda summarizing liabilities, observations, and recommended follow-up evaluations.
- Reinforce a risk-aware culture through the communication of credit and risk policies and guidelines.
Benefits
- Fair and competitive rewards package
- Benefits designed to support you, your family and your well-being, now and into the future.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
