Credit Risk Senior Analyst

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together. 

The Optum Bank Credit Risk Senior Analyst will be responsible for assessing the credit risks that arise from the Bank’s lending and investing activities. The Senior Analyst will work with broader Risk Group as well as Credit professionals to assess the credit and financial strength of the Bank’s borrowers and counterparts by performing fundamental credit analysis, using both quantitative and qualitative factors, and provide recommendation for loan transactions, determine appetite and risk ratings, and monitor credit trends in the portfolio. 

NOTE: Qualified candidates must live in the Draper UT / Salt Lake City UT regional area to be considered (office-based position, not open to remote work)

Primary Responsibilities:

• Actively engage with Bank’s lending and investing stakeholders to review and assess potential credit risks associated with lending portfolios, products, processes, and strategies
• Perform ongoing assessment of the credit and financial strength of the commercial and consumer counterparts by performing fundamental credit analysis of counterparties using internal rating methodologies
• Review loans on an individual and aggregate portfolio basis to determine potential risks, adherence to policy and procedures, and accuracy of risk ratings
• Present findings and recommendations to senior leadership and answer questions relating to analysis performed and escalate issues to senior management
• Assist in updating, implementing and maintaining credit risk rating methodologies 
• Support senior leadership in partnering with broader business units to assess data availability, data sufficiency, and reporting needs for credit risk assessment
• Perform broader sector analysis to assess industry fundamentals and portfolio trends
• Generate report with early warning indicators then review, assess and propose rating action recommendation to senior leadership 

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• Bachelor’s degree in accounting, finance, or business/economics related field
• 3 years of credit risk management or underwriting experience, with a background in direct and/or syndicated lending
• 3 years of experience in assessing corporates borrower’s probability of default through quantitative and qualitative credit risk methodology and assigning regulatory credit rating classification in line with the Shared National Credit (SNC) program. 
• 2 years of experience working with and utilizing corporates credit ratings issued by major rating agencies, such as Moody’s, S&P, and Fitch, to assess a borrower’s risk profile. 
• Must live in or willing to relocate to the Draper UT / Salt Lake City UT Regional Area – this position is onsite at the office location in Draper UT and not open to remote work

Preferred Qualifications:

• 4 of years of experience in a bank or other financial institution with duties focused on deep dive in financial statements, cash flow projections, and credit rating 
• Experience managing credit risk associated with securitization financing activities, including approval of securitization transactions, setting and monitoring facility limits, negotiating credit terms with the responsible business line, and ongoing risk monitoring. 
• Proven ability to clearly communicate verbally and in writing
• Proven excellent interpersonal skills, including the ability to lead and collaborate with multiple teams
• Proven ability to scope and lead a risk assessment or project from start to end and present results to stakeholders and senior leaders
• Proven solid project management / organizational skills and the ability to manage multiple assignments concurrently across various stakeholders

The salary range for this role is $71,600 to $140,600 annually based on full-time employment. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives. 

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission. 

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. 

UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment. 

Salary : $71,600 - $140,600