Senior Risk Analyst

Steel Partners • New York, NY

4d

About The Position

This position will report to the VP, Risk Management & Analytics, and will
support credit risk, portfolio analytics, and financial modeling initiatives.

As a Sr. Risk Analyst, you will build and maintain complex financial models,
support portfolio monitoring and credit risk management, and contribute to
investment decisions and business strategy. The ideal candidate will have a
strong background in finance, credit risk, and quantitative analysis, with
experience in building financial models and analyzing cash-flowing credit
assets.

Requirements

• Bachelor's or master’s degree in finance, mathematics, statistics, or a related quantitative field.
• 3+ years of experience in financial modeling, credit analysis, and risk analysis within Specialty Finance and/or Asset-Based Lending.
• Experience in credit risk analytics and portfolio monitoring across loans, credit cards, and other consumer or commercial credit products.
• Strong analytical and problem-solving skills with keen attention to detail.
• Proficiency in Microsoft Excel and financial modeling software.
• Excellent communication and presentation skills, with the ability to translate complex financial data into clear, actionable insights and recommendations
• Strong teamwork and collaboration skills, with the ability to work effectively with cross-functional teams in a fast-paced environment.
• Data-driven mindset, proactive with the ability to work under pressure.
• Strong understanding of portfolio dynamics, including roll rate analysis, loss rate forecasting, and interpretation of credit performance metrics.
• Proficiency in Microsoft Excel and financial modeling.
• Working knowledge of SQL for navigating and analyzing large datasets.
• Familiarity with Tableau and Python

Responsibilities

• Build and maintain complex financial models to analyze new investment opportunities by conducting due diligence on asset pools and modeling expected cash flows and credit losses.
• Evaluate the underlying asset performance (loans, credit card receivables, etc.) and incorporate payments and losses into the financial models to assess the credit protection requirements for the Bank.
• Conduct credit risk analytics across the Bank’s portfolios to ensure portfolio risk levels (delinquency, excess spread, charge-offs, etc.) are aligned with the forecasts and within the pre-determined thresholds.
• Evaluate financial trends, policies, and underwriting processes to inform loan loss reserves (CECL), Risk Adjusted Return (RAROC), and Return on Equity (ROE) analyses.
• Collaborate with cross-functional teams, including Program Management, Business Development, Accounting, Finance, Counterparty Credit Risk, and Credit Structuring teams, to support investment transactions and ongoing portfolio monitoring.
• Support the annual budgeting process by creating financial risk and cash flow projections to drive the Bank’s future income estimates.
• Continually enhance reporting and business intelligence dashboards using tools such as Tableau to provide senior management visibility into current trends and help drive strategic decisions.
• Stay current on industry trends, financial regulations, and emerging technologies to continuously improve risk analytics and financial modeling methodologies.
• Contribute to strategic initiatives to automate and streamline credit risk and portfolio analytics processes.

Benefits

• Paid Time Off (PTO) - Generous paid time off plus paid parental leave
• Health insurance – Plans include an employer-paid medical option, dental and vision coverage, plus we offer health savings accounts
• 401(k) – WebBank matches up to the first 6 percent of employee contributions, and both the employee’s contributions and WebBank’s match are fully vested immediately
• Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
• Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees