What are the responsibilities and job description for the Risk Analyst position at Lobel Financial?
Join one of the top 20 auto finance companies in the industry and grow with us! We offer in-house promotions, great benefits, work-life balance, and job stability. If you're looking to work for a rewarding company that encourages their employees to learn and develop, then partner with Lobel.
Position Summary
The Risk Analyst is responsible for assessing credit risk, reporting on credit metrics, conducting data and business analysis, utilizing best practices of data analysis to ensure data results are accurate, summarizing findings, developing recommendations and presenting analyses to management in a clear, concise, convincing, and actionable format.
Multiple projects are assigned simultaneously that require the ability to multi-task between scorecard development, analysis, coding rules, studying and generating market reports, and subpopulation studies. In addition, the Risk Analyst is responsible for developing, maintaining, and refining credit scoring models. Projects are completed in a team and individual environment.
Basic Responsibilities
- Perform studies on customer applications and performance data for segmentation
- Develop models for projection (i.e. delinquency, charge-off, profit and loss)
- Develop, monitor, and maintain complex consumer credit statistical models (i.e. origination scorecards)
- Develop and produce reports to measure the performance and effectiveness of processes, models and strategies and use them to make recommendations
- Perform to solve business problems and drive better decisions
- Prepare and effectively present key summary analysis to upper management
- Simplify and automate existing processes to improve internal efficiency (monthly & quarterly reports)
- Maintain an adequate balance between the lines of risk and return
Skills & Qualifications
- Bachelor's degree in statistics, finance, or other quantitative fields. Master's degree and working experience are a plus.
- Proficiency in SQL and Python
- Knowledgeable of mathematics and predictive models
- Demonstrated history of strong organizational, analytical, and problem solving skills
- Robust verbal and written communication capability
- Must be detail oriented, self-motivated, and a team player
- Adaptable to change, enjoys a fast-paced and challenging environment
- Ability to work as part of a team to achieve the goals of the department
- Experience in consumer lending and scorecard development preferred
- Knowledge of the auto lending process helpful
Company Benefits
- 401K with company match
- Medical, dental and vision
- Optional life insurance
- Paid holidays
- Paid vacation and sick days
Lobel Financial is a full-spectrum auto financing solution that specializes in the acquisition and servicing of prime to sub-prime motor vehicle retail installment contracts. We are head quartered in Southern California and have branch offices coast-to-coast.
Employees choose Lobel because of the work-life balance, positive company culture, reward system, benefits and flexibility. If you are an employee and you want to work with a company that is consistently growing, offers competitive salaries and benefits, promotes their employees, and provides a stable work environment, then you've found it with Lobel.
Lobel Financial is an equal opportunity employer.
Salary : $70,000 - $75,000
