What are the responsibilities and job description for the Senior Quantitative Risk Analyst position at First Tech Federal Credit Union?
Description
The Senior Quantitative Analyst, Credit Risk operates independently to develop processes, models, analytics and commentary that enable understanding and mitigation of credit risk.
Here's what you can expect from the job and what you need to be successful :
Job Duties
- Develop and maintain loan-level probability of default (PD), exposure at default (EAD) and loss given default (LGD) models for consumer and mortgage lending portfolios
- Apply appropriate statistical techniques and diagnostics to ensure model effectiveness
- Develop and maintain data models to ensure accuracy and continuity of model data
- Assemble and present materials summarizing model methodology and results for senior leadership and other stakeholders
- Develop and maintain loan-level forecast and stress testing processes for Moody's Portfolio Analyzers
- Develop and maintain scorecard views to support credit risk monitoring
- Assess efficacy of underwriting criteria in coordination with lending teams
- Write detailed workflow documentation to ensure process continuity
- Write detailed model documentation for validation by Model Risk Management (MRM)
- Respond to findings from MRM and auditors
- Attend committee meetings as subject matter expert on our current expected loss outlooks
Essential Skills
Location : Hillsboro, OR 97124 | San Jose, CA95134 | Rocklin, CA95765 (HYBRID)
Target Compensation in Hillsboro, OR : $110k - $120k annually annual bonus
Target Compensation inRocklin, CA 95765 : $121k - $132k annually annual bonus
Target Compensation in San Jose, CA 95134 : $137,500 - $150k annually annual bonus
Benefits options include :
What makes First Tech different? Click here to learn more!
First Tech is not currently offering Visa transfer / sponsorship for this position
LI-KW1
Salary : $110,000 - $120,000
