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Risk Analysis Specialist III - Loss Forecasting Analytics

Charlotte, North Carolina;

Job Description:

The selected candidate will interact with a wide variety of stakeholders including credit managers, risk managers, quantitative model developers, technology, finance, capital, and allowance. The candidate will have the opportunity to explore new analysis, develop actionable recommendations, and present to senior leaders. The ability to collaborate with and influence others, both inside and outside of the immediate organization, is a must.

Responsibilities include:
• Contribute to the Loss Forecasting function through detailed portfolio analysis and reserve assessment
• Review credit risk positions, particularly under potential risk scenarios, and raise potential challenges to business partners
• Liaise closely with the businesses to understand market trends and report exposure under different market conditions.
• Assist in analyzing portfolio data to identify trends & key risks to the commercial portfolio
• Review risks related to non-standard, structured trades and new products. Collaborate closely with business and support functions to understand the nature and scale of risk to the firm.
• Synthesizes complex economic information into cohesive analyses suitable for C-level consumption
• Utilizing advanced data visualization tools (ex. Tableau) to generate actionable insights and communicate those insights to business partners
• Perform ongoing risk assessment and recommend enhancements to the existing forecast processes and controls
• Help contribute to the enhancement of the firm's risk management capabilities.
• Contribute to the development of the risk team and to the positive work environment

Required/Desired

  • Ability to synthesizes complex economic information into cohesive analyses suitable for C-level consumption

  • Demonstrated ability to utilize advanced data visualization tools (ex. Tableau) to generate actionable insights and communicate those insights to business partners

  • Strong business and financial acumen

  • Attention to detail coupled with ability to simplify the complex

  • Accounting/Finance/Economics Undergraduate or equivalent experience

  • 5+ years’ experience in credit analysis, market analyst, or econometrics with a track record of synthesizing components into a cohesive analysis

  • Strategic thinking  that can understand complex business challenges and develop potential solutions

  • Demonstrated experience and ability to work collaboratively with risk, legal and finance and interface credibly across various business partners at both junior and senior levels

  • Strong written/oral communications skills; ability to communicate with both technical and executive audiences

  • Flexibility to work both independently with little supervision or in a complex team environment

  • Ability to coach junior analysts and act as a functional team lead

  • High proficiency with MS Excel, SQL, and Power Point

Desired Skills:

  • Experience meeting with internal / external examiners to coordinate responses & action plans

  • Experience with DFAST / CCAR

  • High proficiency in Python, data visualization tools (Tableau), JIRA

Enterprise role overview:

Responsible for performing data management, complex analysis, and modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides data / IM, analytical support on various product strategies to ensure company goals are met. Coordinates the production of databases, performance reports for senior mgt. Manages the review and analysis of trends in current population distributions and recommends strategies. Directs the development of more complex databases, program models to extract data and use databases to provide statistical and financial modeling. Oversees the data design, analysis of portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Integrates the analysis team with other corporate units to insure alignment of analysis with business strategies and objectives. Responsible for hiring and training Risk Analysis Specialist and Risk Analysis Analyst. PhD, Master's degree, or large data experience preferred; Programming experience like SQL, SAS preferred; 7+ years experience.

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The selected candidate will interact with a wide variety of stakeholders including credit managers, risk managers, quantitative model developers, technology, finance, capital, and allowance. The candidate will have the opportunity to explore new analysis, develop actionable recommendations, and present to senior leaders. The ability to collaborate with and influence others, both inside and outside of the immediate organization, is a must.

Responsibilities include:
• Contribute to the Loss Forecasting function through detailed portfolio analysis and reserve assessment
• Review credit risk positions, particularly under potential risk scenarios, and raise potential challenges to business partners
• Liaise closely with the businesses to understand market trends and report exposure under different market conditions.
• Assist in analyzing portfolio data to identify trends & key risks to the commercial portfolio
• Review risks related to non-standard, structured trades and new products. Collaborate closely with business and support functions to understand the nature and scale of risk to the firm.
• Synthesizes complex economic information into cohesive analyses suitable for C-level consumption
• Utilizing advanced data visualization tools (ex. Tableau) to generate actionable insights and communicate those insights to business partners
• Perform ongoing risk assessment and recommend enhancements to the existing forecast processes and controls
• Help contribute to the enhancement of the firm's risk management capabilities.
• Contribute to the development of the risk team and to the positive work environment

Required/Desired

  • Ability to synthesizes complex economic information into cohesive analyses suitable for C-level consumption

  • Demonstrated ability to utilize advanced data visualization tools (ex. Tableau) to generate actionable insights and communicate those insights to business partners

  • Strong business and financial acumen

  • Attention to detail coupled with ability to simplify the complex

  • Accounting/Finance/Economics Undergraduate or equivalent experience

  • 5+ years’ experience in credit analysis, market analyst, or econometrics with a track record of synthesizing components into a cohesive analysis

  • Strategic thinking  that can understand complex business challenges and develop potential solutions

  • Demonstrated experience and ability to work collaboratively with risk, legal and finance and interface credibly across various business partners at both junior and senior levels

  • Strong written/oral communications skills; ability to communicate with both technical and executive audiences

  • Flexibility to work both independently with little supervision or in a complex team environment

  • Ability to coach junior analysts and act as a functional team lead

  • High proficiency with MS Excel, SQL, and Power Point

Desired Skills:

  • Experience meeting with internal / external examiners to coordinate responses & action plans

  • Experience with DFAST / CCAR

  • High proficiency in Python, data visualization tools (Tableau), JIRA

Enterprise role overview:

Responsible for performing data management, complex analysis, and modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides data / IM, analytical support on various product strategies to ensure company goals are met. Coordinates the production of databases, performance reports for senior mgt. Manages the review and analysis of trends in current population distributions and recommends strategies. Directs the development of more complex databases, program models to extract data and use databases to provide statistical and financial modeling. Oversees the data design, analysis of portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Integrates the analysis team with other corporate units to insure alignment of analysis with business strategies and objectives. Responsible for hiring and training Risk Analysis Specialist and Risk Analysis Analyst. PhD, Master's degree, or large data experience preferred; Programming experience like SQL, SAS preferred; 7+ years experience.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-20043568

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Referral Bonus: