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Sr. Credit Risk Analyst

Company: Regional Management Corp
Location: Flower Mound
Posted on: November 17, 2022

Job Description:

Are you ready to take your career to the next level? Regional strives to positively impact the financial lives of our customers.For over 35 years, our Team Members have been passionate about supporting customers through their financial challenges in life. They take pleasure in finding solutions and lending a helping hand, both to our customers and our communities. As we continue to grow and become a national brand in consumer financing, we hope you'll consider us for future career opportunities.If you are looking to make a meaningful impact in people's lives by bringing a personal touch to finances, join our team today!Job Purpose
Sr. Credit Risk Analyst, Loss Forecasting is responsible for performance analysis, through data science, machine learning, and advanced statistical analytics techniques in the areas of payments, collections, operations, and companywide cross-functional projects. This position will utilize advance statistical skills to analyze data, portfolio performance trends, and forecasting skills to support credit risk functions.Responsibilities:

  • Create predictive models using large datasets to optimize credit risk and marketing campaign performance.
  • Create quantitative models and related components such as probability of default (PD), loss given default (LGD) and exposure at default (EAD) used for the Current Expected Credit Loss (CECL) estimates.
  • Develop sensitivity and scenario analysis to estimate the impact of macro-economic variables on expected credit losses.
  • Apply innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change.
  • Develop statistical, econometric, AI/ML, and optimization models for Credit risk, Collections and Portfolio Management and execute the models in production.
  • Experience with full model lifecycle, agile and experimental design methods.
  • Develop analytics regarding loan performance, including delinquency and credit losses, identifying key drivers and developing forecast expectations.
  • Utilize advanced statistical analytics to assess future risk, opportunities, and effectiveness and translates results into meaningful solutions to enhance decision making.
  • Conduct ad hoc research projects incorporating project design, data collection and analysis, summarization of findings, and presentation of results.
  • Apply advanced knowledge to produce advanced analytical material for discussions with cross-functional teams to understand complex business objectives and influence solution strategies.
  • Interact with stakeholders to understand their business questions, crafting the methodology, to mine/analyze datasets and delivers a final insightful recommendation to stakeholders.Qualifications:
    • Master's degree (PhD preferred) in Finance, Accounting, Statistics, Economics, Mathematics or other quantitative disciplines.
    • Preferred 2+ years of experience in Loss Forecasting role.
    • Experience in data mining, modeling and analyzing analytic.
    • Experience in Current Expected Credit Loss (CECL) accounting standard.
    • Experience in programming languages; Python, R, SAS and SQL.
    • Excellent written and verbal communication skills, should be able to explain and present complex analyses in easily understood terms.
    • Excellent organizational skills with the ability to prioritize and handle multiple tasks and responsibilities simultaneously.
    • Detail oriented, innovative problem solving, quantitative and analytical abilities.
    • Able to work with minimum supervision, flexible and proactive working style.
    • Must pass background checks and drug screening.Regional is an equal opportunity employer and does not discriminate on the basis of race, color, religion, creed, national origin, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, transgender status, age, disability, genetic information, veteran status, uniform service, or any other characteristic protected by applicable law ("Protected Characteristics"). Regional's policy of non-discrimination applies to all phases of the employment process and relationship, including, but not limited to, recruitment and selection; compensation and benefits; professional development and training; promotions and opportunities; transfers; social and recreational programs; layoff; and terminations.

Keywords: Regional Management Corp, Flower Mound , Sr. Credit Risk Analyst, Professions , Flower Mound, Texas

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