Senior Credit Risk Analyst

WORKERS FEDERAL CREDIT UNION•Littleton, MA

2d•$94,822 - $118,528•Hybrid

About The Position

The Senior Credit Risk Analyst is an experienced individual contributor in Workers Credit Union’s Risk Management department. The role supports credit risk management through independent loan portfolio analysis and monitoring, credit risk reporting, credit review, and policy and regulatory support. It identifies emerging credit risks and trends and works collaboratively with lending, finance, risk management, and other areas to support sound credit risk practices. The position conducts portfolio analysis, monitors credit quality and risk ratings, prepares reports and committee materials, supports credit reviews and third-party loan reviews, and assists with lending and credit risk policies, regulatory examinations, audits, and related governance activities. It also contributes to process improvement, organizational initiatives, and knowledge sharing about credit risk practices. This is a hybrid position combining remote work with regular on-site days at the Littleton Headquarters. The work environment may change based on business needs. The pay grade range is $94,822–$118,528; actual compensation may vary based on relevant factors and is finalized at the time of offer.

Requirements

5–7+ years of related experience within a financial institution, preferably involving lending, credit analysis, loan review, credit risk management, or related lending experience.
Bachelor’s degree in business, finance, economics, accounting, or a related field is required.
Strong analytical and problem-solving skills, including the ability to independently analyze and interpret complex financial and credit data.
Advanced knowledge of lending, credit risk management, loan portfolio analysis, and risk-rating concepts.
Ability to read, analyze, and interpret applicable laws, regulations, policies, and procedures related to lending and credit risk.
Detail-oriented and highly organized, with the ability to independently manage complex assignments, competing priorities, and deadlines.
Strong written and verbal communication skills, including the ability to prepare clear reports and presentations for Management and committees.
Ability to influence and collaborate effectively with stakeholders across lending, finance, risk management, and other functional areas.
Proficiency in Microsoft Office products, particularly Excel.

Nice To Haves

Experience with loan analytics, reporting, or credit risk systems is desirable.

Responsibilities

Conduct ongoing analysis and monitoring of loan portfolios to identify trends, concentrations, emerging risks, and changes in portfolio performance.
Monitor credit quality indicators, including delinquencies, charge-offs, risk ratings, policy exceptions, collateral trends, and other credit risk metrics.
Prepare and analyze recurring credit risk reports for Management, the Risk Oversight Committee, the Board of Directors, and other stakeholders.
Perform credit migration analysis, stress testing, benchmarking, and ad hoc credit risk analysis.
Provide Management with analysis and recommendations regarding portfolio trends and emerging risks.
Monitor and support administration and maintenance of the Credit Union’s credit risk rating framework.
Review and analyze risk ratings and other credit-related information, identifying potential concerns for Management’s consideration.
Monitor annual reviews, renewals, and other credit review requirements to support timely completion.
Support and coordinate third-party loan reviews and follow up on findings, recommendations, and management action plans.
Perform individual credit or loan reviews as appropriate.
Support development, maintenance, and periodic review of lending and credit risk policies and procedures.
Monitor and assist with analysis and reporting of policy exceptions.
Maintain awareness of applicable regulatory requirements, industry developments, and credit risk management practices.
Support credit-related regulatory examinations, audits, third-party reviews, and information requests by preparing analysis and documentation.
Prepare materials and support credit risk discussions for the Risk Oversight Committee and other Credit Union committees.
Collaborate with lending, finance, risk management, and other Credit Union areas on credit risk and portfolio matters.
Provide credit risk analysis and support for organizational initiatives.
Identify and recommend improvements to credit risk monitoring, reporting, documentation, and related processes.
Serve as a credit risk resource to colleagues and business partners and support knowledge sharing, training, and communication regarding credit risk practices, policies, and underwriting standards.
Participate in relevant projects, committees, training, and professional development opportunities.
Perform additional duties and provide departmental, functional, or business-unit coverage as needed; comply with WCU policies and procedures; contribute to projects and initiatives; maintain confidentiality; and demonstrate the Credit Union’s core values.