In this role, you will develop and review credit policies and strategies as well as data and analytical frameworks for loan origination and loss forecasting. Review relevant data to identify the quantitative and qualitative factors driving the credit risk for consumer & mortgage loans. Perform evaluation, implementation and monitoring of third-party and in-house scoring solutions. Perform model and strategy testing and assist with audit/regulatory requests. Work cross-functionally with other teams such as Lending, Loan Servicing, Marketing, Finance, and Data Science to drive better credit outcomes for Alliant.
Responsibilities
- Analyze origination risk factors and recommend/implement improvements in areas such as underwriting criteria, lending policies and standards, and loan product pricing to increase loanvolumes within Alliant’s risk appetite.
- Prepare data for third-party quarterly mortgage & fintech loan portfolio performance analysis
- Provide data and analytics support to assess risk with respect to future new and enhanced lending products as well as potential loan trading transactions
- Assess analytics including but not limited to economic capital analysis, credit loss modeling and mitigation, CECL implementation
- Prepare supporting information and present findings to management
- Monitor and review credit performance data for trends and drive actionable insights
- Bachlors Degree - Mathematics, Statistics, Quantitative Finance, Engineering, Economics, or Related - Minimum
- Graduate Degree - Mathematics, Statistics, Quantitative Finance, Engineering, Economics or Related - Preferred
- 1 year - Experience in credit risk analytics within financial services - Minimum
- Knowledge of credit loss calculation and stress testing processes, such as CECL/CCAR/DFAST etc.
- Programming Knowledge for developing statistical models, preferred in Python and/or Related
- Knowledge of relational databases and SQL syntax, hands-on with SAP Business Objects/Tableau reporting
- 5 years - Experience in credit risk analytics within financial services
Compensation & Benefits:
Typical hiring range: $76,500 - $108,050 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Additional Compensation: Annual performance bonus
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.
Additional Benefits:
- Work from home up to 3 days a week
- Paid parental leave
- Employee discount programs
- Time off including paid personal and sick days
- 11 paid holidays
- Education reimbursement
*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
