This job has expired, please see additional jobs below
Credit Risk Analyst
Umpqua Bank
Tigard, OR, United States
Job Details - this job has expired, please see similar jobs below
Umpqua Bank is seeking a Credit Risk Analyst for our Tigard office.
This role supports the efforts of Credit Risk Administration in identifying, measuring, and monitoring the Bank’s credit risk to maintain sound and effective management of the Bank’s credit exposures and comply with applicable regulations. Perform analytical practices and prepare reports, ensure compliance with regulatory mandates, implement and maintain credit risk models and support data governance in adherence to the Bank’s Credit Risk Management policies and regulations.
ESSENTIAL DUTIES AND RESPONSIBILITIES
•Assist with the preparation of recurring credit stress testing and portfolio reports for assigned portfolios as well as ad hoc credit risk analysis reports as requested by management.
•Assist in performing recurring credit risk and loss forecasting in accordance with DFAST and CECL requirements for assigned portfolios. Prepare applicable documentation of the same.
•Analyze scenarios affecting the risk exposure of assigned portfolios to identify emerging credit risk trends including loan-level probability of default and loss given default.
•Maintain, use and, as appropriate, recommend improvements to assigned credit risk models and maintain a working understanding of the same.
•Assist with and document validation of credit risk models owned by Credit Risk Administration as assigned, including stress test, CECL and dual risk rating models, according to required guidelines.
•Perform testing, validation and documentation, as needed, of the quality of data used in the credit risk modeling process and partner with other business units and project teams to improve data quality as applicable.
•Coordinate and work in cooperation with other departments who are dependent upon timely departmental deliverables for other bank purposes, such as capital planning or the ALLL.
•Develop procedures and applicable documentation related to assigned portfolios and models. Perform review and testing of the same.
•May present analysis, findings or other job-related subject matter to interested parties, including various departmental personnel and senior management.
•Demonstrate compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies, procedures and compliance regulations. Completes all required annual or job-specific training. Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become "The World's Greatest Bank."
•May perform other duties as assigned.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
•Bachelor’s Degree in accounting, finance, business, economics, or related field required.
•1-3 years of financial or risk-related analytical experience applicable to credit and loan portfolio risk assessment.
•Possess working understanding of statistical methodology as applied to quantitative models. Experience with credit risk models preferred.
•Possess working understanding of data systems, warehousing and integrity issues as well as data transformations and logic. Knowledge of SQL code is a plus.
•Ability to review, manipulate and analyze complex data sets.
•Demonstrate excellent written and verbal communication and organizational skills.
•Proficient with personal computers, MS Office (e.g. Word, Excel, PowerPoint), and other business systems. Higher skill sets required for Excel, including strong proficiency with statistical and data set manipulation tools. Proficiency with statistical applications such as R or SAS preferred.
•Ability to prioritize and manage multiple tasks successfully, be detail oriented and operate under scheduled deadlines.
PHYSICAL AND ENVIRONMENTAL DEMANDS
Work involves extended periods of sitting, occasional walking, and lifting up to 10 pounds. Requires close visual acuity. Normal office environment.
Umpqua Bank is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, protected veteran status, or disability. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.