Title: Credit Risk Analytics ManagerDuration: 9 Month Contract to Hire / Hybrid Location: New York & New Jersey

Position Summary

This position reports to the Credit Risk Analytics Manager ( CRAM ). The candidate will be primarily responsible for i) preparing the Bank s Allowance for Credit Losses ( ACL ) under for Current Expected Credit Loss ( CECL ) standard and the Bank s Commercial Real Estate Stress Test, ii) developing ad-hoc credit analytics and reports, and iii) supporting the initiatives and projects sponsored by the Credit Risk Department.

Responsibilities:

CECL:

• Run periodic CECL calculation and produce required analyses / reports.
• Perform required CECL model monitoring activities including input sensitivities and back-testing.
• Perform annual monitoring and re-calibration of qualitative factors and qualitative factor frameworks revision as needed.
• Provide analytical support to Credit Risk Analytics Manager (CRAM) and third-party CECL model developer as needed regarding model re-development activities and documentation.
• Provide support to CRAM regarding model validation activities.
• Provide support to CRAM as needed regarding scoping of bottom s up models from various datasets for selected significant portfolios including CRE, MF and C&I.
• CRE and Construction Stress Test:
• Perform periodic and ad hoc CRE Stress Test and related activities, including sample data QC.
• Provide analytical support regarding development of economic scenarios and refinement of model inputs / assumptions.
• Perform property type specific deep dives and stresses.
• Assist CRAM with development of Construction Stress Test Program including third-party developer due diligence and selection and data scoping.
• Dual Risk Rating Scorecards:
• Assess methodology and provide analytical support regarding calibration of Moody s scorecards.

Capital Stress Testing:

• Provide support to Bank s Capital Stress Test Program including vendor / platform due diligence and selection and methodology review.

Other activities:

• Process Improvement:
• Identify opportunities for process improvements and implementing those improvements using technology including computer programming.
• Understand CECL and Stress Testing models to assist with analyzing underlying data and have unifying bottom-up models for both.
• Benchmarking activities including CECL.
• Assist CRAM with identification, testing and implementation of more robust technology, data and modeling solutions for a variety of applications, including CECL (e.g., Moody s), stress testing, and credit and data analytics (e.g., Dataiku).
• Assist CRAM with scoping and development of stress tests on other commercial portfolios including C&I.
• Other duties as required.

Skills and training:

• Ability to influence positive outcomes across a wide variety of business areas.
• Solutions-driven, confident, ethical, and highly motivated.
• Must be flexible and able to operate in a fast-paced environment.
• Strong analytical, quantitative, critical thinking, problem solving, communication and time management skills are required.
• Ability to work independently and build strong and productive working relationship is required.
• Strong analytical writing skills are required.
• Experience with Abrigo, Trepp and Moody s platforms and solutions preferred.
• Knowledge of SR11-7, OCC, FRB and other relevant banking regulations and regulators is preferred.
• Knowledge of computer languages such as Python preferred.
• Advanced Excel skills including Macro / VBA programming.

Work experience:

• 3 years of experience in CRE and/or C&I underwriting required.
• 2 years of experience with credit risk models and allowance reserve models preferred.
• Banking experience in credit risk and portfolio risk management