What are the responsibilities and job description for the Credit Risk Analyst position at USALLIANCE Financial?
Job Description
Job Description
Credit Risk Analyst
Full-time
Rye, NY
About Us :
At USALLIANCE, we pride ourselves on innovation, teamwork, training and development and career planning. As part of our team, you will have the opportunity to grow both personally and professionally in an inclusive and supportive environment. Represent USALLIANCE in the community and form lasting relationships with our members and partners.
About This Role :
As a Credit Risk Analyst, you will be responsible for working collaboratively across departments, including working with the credit union's lending teams. The analyst will assess and monitor internal and external qualitative and environmental factors that impact the credit performance of loans, advise management when credit performance starts to deviate from expectations, and provide material assistance to the lending teams to adjust pricing or qualification criteria to respond to changes in risk and yield expectations. You will provide profitability estimates and insights related to underwriting factors to senior executives to optimize the risk-adjusted return on the credit union's loan portfolio.
Key Responsibilities :
- Credit Analysis : Produce annualized and life of loan credit loss estimates for groups of loans with similar attributes. Identify risk factors, stratify loans by those factors, and provide pricing recommendations to lending teams.
- Allowance for credit losses : The credit risk analyst will develop or enhance and maintain processes for :
Determining the appropriate historical periods to use as the basis for estimating credit losses;
Analyze the credit union's loan portfolio to identify trends, risks, and opportunities.
Work closely with lending teams to ensure credit policies are aligned with risk management strategies.
Assess qualitative factors including changes in management, industry trends, and economic indicators.
Estimate profitability of loan products under various scenarios.
Compile and present detailed reports to senior executives on credit risk, portfolio health, and strategic adjustments needed.
Influence credit policy and strategy to enhance risk-adjusted returns.
Who you are :
What We Offer :
Join Us
Become a part of a team where your ideas are valued, your growth is supported, and your work makes a difference. Apply today and take the next step in your career with USALLIANCE.
EQUAL OPPORTUNITY EMPLOYER
USALLIANCE Federal Credit Union, as an Equal Opportunity Employer, values and supports the diverse cultures, perspectives, skills, and experiences within our workforce.
This job description is for informational purposes only and should not be construed as a complete listing of the job responsibilities and requirements. This job description may be modified at any time, for any reason, at the sole discretion of management.
In the spirit of pay transparency, we are excited to share the base salary range for this position is $82,250.00 - $105,550.00 , exclusive of fringe benefits or potential incentives. This position is also eligible for an annual corporate bonus. If you are hired at USALLIANCE Federal Credit Union, your final base salary compensation will be determined based on factors such as skills, education, and / or experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members as a part is any final offer. Please keep in mind that the range mentioned above is the full base salary for the role. Hiring at the maximum of the range would not be typical to allow for future and continued salary growth. We also offer a generous compensation and benefits package.
All positions must adhere to standard BSA / AML policies, procedures, and processes. Employees must demonstrate awareness of business functions and how business decisions affect financial and / or non-financial work results.
Salary : $82,250 - $105,550
