Credit Risk Analyst

Reports To: SVP, Risk Management

Location: West Des Moines, Iowa

FLSA Status: Exempt

JOB SUMMARY

Our risk management team is looking for a lending Credit Risk Analyst for our home improvement loan platform.  This role is responsible for implementing and monitoring lending strategy, loan decision automation, lending performance dashboards and ad-hoc reporting.

RESPONSIBILITIES

  • Act as subject matter expert for credit analysis and credit rules automation by interacting with IT, data and business intelligence teams
  • Develop and maintain reporting, automation and dashboards for the consumer loan portfolio
  • Support risk forecasting by maintaining loan loss and prepayment models
  • Support credit policy and underwriting by monitoring and developing strategies and reporting
  • Support to create credit policy and procedures for loan approval, origination and work out

QUALIFICATIONS

  • Expertise with MS Excel
  • 2+ years experience in a financial-analysis or data-analysis role
  • Analytical coding experience using financial, actuarial, economic or behavioral data
  • 4yr degree in a Finance, engineering or analytical STEM degree, or equivalent education
  • Expertise writing SQL for queries and data extraction
  • Strong analytical acumen, understanding of distributions, sets, arrays and identifying and managing data impacts caused by Bayesian or selection bias
  • Confident working independently, detailed oriented, meticulous with data integrity

VALUED KNOWLEDGE AND SKILLS

  • Coding tools: SQL, PC SAS or R, and rules engine automation
  • Microsoft Power stack (PowerBI, PowerQuery, PowerPivot, PowerAutomate)
  • Useful domains: API, JSON, Visual Studio, Python, M language, general ledger
  • Experience with lending data system architecture or online servicing business automation

WORK EXAMPLES/PENDING PROJECTS

  • Work with Data and BI to deploy enhanced portfolio delinquency reporting dashboard
  • Create credit risk waterfall reporting for strategy management
  • Work with Data to structure an end-to-end data cube for ad-hoc and predictive analytics
  • Work with IT to develop workflow for managing API automation between three systems
  • Create risk monitoring dashboards to track model population stability
  • Develop and deploy custom strategy scorecard solutions, such as predicting household income

APPLY TO WORK AT WATERCRESS FINANCIAL

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    What does the hiring process look like after submitting a resume?

    1. If you see a position that you feel aligns with your skillset, apply! Our HR team will review your resume and determine if your background is what we are looking for. Talented candidates will be contacted to do a phone screen.
    2. Candidates that are selected will be asked to do an in-person or virtual interview with the hiring manager. A second interview with additional managers or members of the executive team may be necessary depending on the position.
    3. The hiring manager will then select a candidate to receive an offer for the position!
    4. Once an offer letter has been signed, all positions will be asked to complete a background and credit check to be completed prior to hire.
    5. It’s time to start your new position at Watercress Financial!