Senior Risk Analyst, Credit Planning

Job Title:

Senior Risk Analyst, Credit PlanningSupervisor:

Director, Credit PlanningLocation:

Itasca, IL or Norwalk, CTRequirement:

Must come into the office 4 days a week.Salary:

$89,000 - $113,000401K:

6 % matchAdditional benefits:- Medical, Dental, and vision plans- Paid Time Off (3 weeks)- Company Paid Life Insurance- Employee Assistance Program- Training and Development Opportunities- Employee Discounts

Position Overview:This is a unique opportunity to take on a key position in a globally recognized and fast-growing independent commercial finance lender, specializing in transportation, industrial, clean technology, healthcare, and construction lending. Responsible for execution of the Risk Management/Strategy team initiatives, focusing on a variety of functions within data analytics, encompassing a forward-thinking approach of how risk should be evaluated at the company. This position requires an individual who will leverage their knowledge of data analytics to drive business decisions.

Must Haves:

5+ years of experience in risk analytics or credit/risk strategy

Understanding of credit bureau data, loss forecasting, credit risk analytics, financial institution verbiage and lending concepts, statistical models, etc.

Strong background in credit risk, pricing models, loss forecasting, and data analysisExperience with SAS, Python, SQL, RExperience with Power BI or Tableau for data visualizationExperience in data manipulation, data collection, analyzing data to identify trends, communicating results of data analysis, etc.Experience turning data into metrics and actionable analytics.Plusses:

Experience with equipment finance (leasing/lending)Bachelor's degree in Mathematics, Finance, Economics, Information Management or Statistics.Essential Duties and Responsibilities:(List in order of time spent)

Execute the Risk Management/Strategy team functions, including pricing/yields, scoring and model development, credit analytics, portfolio strategy, enterprise/operational risk, concentration limits and risk appetite, loss forecasting and mitigation.Perform credit/risk-based analytics and make recommendations on how to mitigate risk and increase profitability; analytics including underwriting decisioning, overall portfolio performance, vintage performance, collections performance, etc.Build out the strike zone/buy box for credit originations via data analysis, including evaluating non-score criteria, equipment/collateral, structuring and down payment requirements and setting appropriate customer exposure thresholds. In addition to these analyses, provide guidance on model usage to our internal underwriting teams.Complete model evaluation analytics, including review of third-party models, and/or involvement of customized score builds. Track and analyze model coverage, performance, and changes over time.Lead discussions/project plans for third-party analyses and model development.Propose improvements to automated credit decision models; these improvements should include increasing the volume of applications automatically reviewed, while continuing to mitigate any risk to the company.Develop risk-based pricing analytics, including calculating the appropriate coverage for risk/loss within our rates, working with our Finance teams to understand expense requirements, and communicate with our Sales teams to understand the challenges in the market.Review company credit/risk policy documentation and understand the related reporting requirements to confirm we are acting within policy rules.Consistently collaborate with all business leaders to gain expertise in our business cycle and executive-set goals.

Lead discussions regarding underwriting guidelines, credit/risk data analysis, Sales initiatives, and operational risk protocol.

We are an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.