What are the responsibilities and job description for the Portfolio Risk Analyst II - Broomfield position at Premier Members Credit Union?
As The Artisans of Banking, we strive to be B.R.A.V.E. (Build Relationships & Add Value Everyday). We recognize that in order to meet the needs of our communities, we must represent our communities. Our success relies on creating a culture where we have diverse perspectives and a true sense of belonging. This is a journey, and we pledge to do more than simply check the box.
When you join our Premier Members team, your benefits will include:
POSITION SUMMARY:
Responsible for identifying, managing, and communicating global credit risks represented in the company’s loan portfolio. Applies knowledge of credit risks to optimize credit product performance to help fuel growth and protect the bank from losses. Identifies, analyzes, develops, and assists in the implementation of process improvement solutions to enable better member and employee experiences. Day to day work will include cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other commercial underwriting functions. The incumbent will help ensure adherence to all Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act.
ESSENTIAL FUNCTIONS:
EDUCATION/CERTIFICATION:
In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.
The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.
Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.
This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.
Final Compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity.
We anticipate this position to close within 30 days of posting. Please submit your application at your earliest convenience to be considered.
You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Premier Members Credit Union, we encourage you to apply!
Thank you for your interest in Premier Members Credit Union.
When you join our Premier Members team, your benefits will include:
- Comprehensive medical insurance plan that has HRA, HSA, and FSA options
- Dental and vision insurance
- Generous paid-time-off
- 11 paid holidays
- Annual bonus (based off of annual results/scorecard each year)
- 401(k) plan with a 5% match
- Wellness program
- Tuition assistance
- 1% employee loan discount
- Employee Assistance Program (EAP)
- Life and disability coverage
- Career development and pathing opportunities to move into leadership roles or other lines of business within PMCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more.
- Supportive and engaging work environment.
- A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first.
- A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally.
- Studies have shown that individuals from marginalized and or historically underrepresented groups may be less likely to apply for jobs unless they meet every one of the qualifications listed. We are most interested in finding the best candidate for the job. We would encourage you to apply for a job at Premier Members Credit Union, even if you don’t meet every one of our qualifications listed.
POSITION SUMMARY:
Responsible for identifying, managing, and communicating global credit risks represented in the company’s loan portfolio. Applies knowledge of credit risks to optimize credit product performance to help fuel growth and protect the bank from losses. Identifies, analyzes, develops, and assists in the implementation of process improvement solutions to enable better member and employee experiences. Day to day work will include cash flow analysis, spreading business financials and tax returns, spreading guarantor financials and tax returns, and other commercial underwriting functions. The incumbent will help ensure adherence to all Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act.
ESSENTIAL FUNCTIONS:
- Analyze and resolve moderately complex issues or escalate as needed
- Responsible for monthly data uploads and reconciliations
- Assist in risk mitigation efforts and decisioning
- Assist in creating credit risk presentations
- Assist in high-level evaluations of risk models
- Development of procedures and procedural attestations
- Quantitative and problem-solving mindset
- Completes other duties and additional Adhoc requests as necessary
- Flexible schedule allowing for office and remote work environment
- Ensures that work area is clean, secure, and well maintained.
EDUCATION/CERTIFICATION:
- Bachelor's degree in a quantitative field or equivalent combination of experience and education required.
- General understanding of Credit Union loan processes
- Knowledge of related computer applications
- 3-5 years in Credit, Financial Analysis, Statistical Modeling/ Forecasting, Banking or other directly related experience
- Proficient in MS Office, Excel
- Strong Analytical Skills
- Excellent Attention to Detail
- Excellent Organizational Skills
- Ability to Work in Team Environment
- Standard office conditions
- Low to moderate noise
- Limited lifting up to 30 lbs.
In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.
The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.
Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.
This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.
Final Compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity.
We anticipate this position to close within 30 days of posting. Please submit your application at your earliest convenience to be considered.
You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Premier Members Credit Union, we encourage you to apply!
Thank you for your interest in Premier Members Credit Union.
