Credit Risk Business Analyst

The Credit Risk Management team is responsible for recommending and implementing strategies for: identifying, assessing, measuring, monitoring, reporting, avoiding, transferring, mitigating and monitoring Credit Risk. Team also maintains the Bank’s Credit Risk management policy and procedure documentation.

The Credit Risk Business Analyst is responsible for analytical and support work within the Credit Risk Management and is responsible for maintaining internal database of confidential Safety and Soundness examinations. The Business Analyst will work closely with Primary Regulator offices to request and process most recent examinations as well as assist the team in special projects, data requests and additional management reporting relating to credit exposures and compliance with risk limits.

Responsibilities

• Ordering and processing reports of examination (ROEs) from various member institutions and their regulatory agencies; including tracking the ROE order status, receipt, and payment.
• Reviewing and summarizing various member and counterparty reports that are provided internally and to regulatory agencies.
• Performing research including locating, summarizing and internally disseminating member news articles and enforcement actions.
• Assisting Credit Risk Management staff with compiling various reports.
• Assists the Credit Analysts with various projects that occur on a scheduled basis or as ad hoc requests.
• Processing departmental vendor invoices, check requests and member billing.
• Administers the Credit Risk Management Department compliance with the Bank’s records retention requirements.
• Complies with Bank policies and procedures, and applicable laws and regulations. Reports known or suspected violations of law, regulation, policy or procedure to appropriate levels of management.
• Participate in maintaining a professional risk control environment that is conducted within risk limits, processes, and standards that are set for regulatory and operational risks of the Bank and as reviewed by the Auditors/Examiners.
• Monitors and reports exposures relative to established limits to ensure compliance, notifying senior management of any breaches.
• Prepare department materials for Credit and Collateral Risk Committee meetings, Board mailings and Special Data Requests due to the FHFA.

Skills & Experience

• Relevant work experience of 2 - 5 years.
• Exposure to the design, development, and implementation of information technology systems.
• Knowledge of the banking and insurance industry, NRSRO rating systems, and financial models. Understanding of domestic accounting rules, banking regulation, and financial markets.
• Experience in Credit strongly preferred.

• Analytical: Math/statistics strengths are required along with the ability to provide clear explanations to users, management, and other staff.
• Financial knowledge: knowledge of financial instruments.
• Software: Strong PC skills, Excel skills will include knowledge of lookups, pivot tables, data queries, and linked tables. Ability to construct flowcharts, pseudo-code, and/or actual macros of moderate complexity. Ability to conceptualize processes and relate to others who may write the actual code.
• Familiar working with Databases and Database Management Tools, including proficiency running SQL queries.
• The candidate will also need to track various issues during the period they are investigating as well as resolve and provide management with regular reports on the status.
• Strong interpersonal skills
• Bachelor's Degree required. MBA or MS degree in Finance or Economics preferred.