Sr. Risk Analyst – Credit Administration (Remote)

Hireza
ES
RemoteCareer-pivot friendly

Why this role

Pace
Steady
The role requires a fast-paced environment, as evidenced by the need to continuously monitor portfolios and respond to emerging risks, ensuring timely and accurate reporting.
Collaboration
High
Collaboration is a key aspect of this role, as the Sr. Risk Analyst must work closely with various internal and external stakeholders, including Credit Administration, Internal Audit, and Regulators, to ensure comprehensive risk management.
Autonomy
High
This position demands a high level of autonomy, with the Sr. Risk Analyst responsible for leading process evaluation methods and directing analytics efforts, requiring independent judgment and decision-making.
Decision Impact
Company
Decisions made in this role can significantly impact the organization's risk management strategies and compliance, as the Sr. Risk Analyst is responsible for ensuring risk strategies are effective and compliant.
Role Level
Individual Contributor
The complexity of this role is high, given the need to perform complex analysis, interpret data discrepancies, and provide insights into potential losses and risk mitigation, requiring advanced analytical and critical thinking skills.
Career Pivot Friendly
Welcomes transferable skills
Individuals with backgrounds in financial analysis or risk management in banking and financial services can easily transition into this role, as the skills required are highly transferable.

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • Design and implement effective risk evaluation methods
  • Provide deep insights into business segments through analytical content
  • Empower stakeholders with a comprehensive understanding of risks and trends
Typical background
4+ years of experience in risk management, financial analysis, or statistical modelingExperience within the banking and financial services industry

Transferable backgrounds

  • Coming from Financial Analyst in Banking
    Data Analysis · Risk Management
    The experience in analyzing financial data and managing risks in a banking environment directly aligns with the responsibilities of a Sr. Risk Analyst.
  • Coming from Consultant in Financial Services
    Critical Thinking · Collaboration
    A consultant's ability to think critically and collaborate effectively with various stakeholders is highly relevant to the Sr. Risk Analyst role.

Skills & requirements

Required

Risk ManagementFinancial AnalysisStatistical ModelingData AnalysisReportingOperational SupportPresentation Skills

Preferred

Advanced ExcelSQLCritical ThinkingExceptional Verbal And Written Communication

Stack & domain

MS ExcelSQLCommunicationCritical ThinkingAnalytical SkillsRisk ManagementFinancial AnalysisStatistical ModelingBankingFinancial ServicesCredit AnalysisPortfolio ManagementUnderwriting

About the role

As a Sr. Risk Analyst in Credit Administration, you'll spend your days dissecting complex financial data, identifying potential risks, and crafting insightful reports that help stakeholders make informed decisions. This role is ideal for someone who thrives in a data-driven environment and has a knack for turning raw data into actionable insights.

Original posting from Hireza

Overview: This is a remote role that may be hired in several markets across the United States. This position is responsible for delivery of trusted report and analytical solutions based on a wide-range of use cases for portfolio monitoring and enablement of identification of emerging risks within Credit Administration. This individual will partner with key stakeholders within Credit Administration and various internal lines of defense (e.g. Business Units, Credit, Enterprise Risk Management, Credit Review, Internal Audit) as well as external stake holders (e.g. External Auditors, Regulators) to create relevant & meaningful analytical content and empower these stakeholders with a deep understanding of the underlying business segments. Responsibilities: • Identifying Risk – Leads the design and implementation of process evaluation methods, and the development of expert solutions to address identified risks. Works closely with management to ensure risk strategies are effective and compliant. • Data Analysis – Sources, compiles, and interprets data. Performs complex analysis for risk trends and data discrepancies and may direct the analytics efforts of the work group. • Reporting – Produces reports based on data analysis, company trends, and risk factors. Conveys patterns, problems, and areas of improvement. Enables insight into potential losses and mitigation of identified risks through reporting activities. • Operational Support – Supports business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials. Handles complex technical matters and participates in special projects • Becoming ingrained in the business segment operations allowing for the anticipation of reporting and analytics needs as well as providing insights. • Attend various Credit Administration meetings to gain relevant knowledge of emerging risks and changes in credit appetites, policies, procedures and standards. • Presentation of analytics, research and pertinent information to associates across all levels of the organization as needed. Qualifications: Bachelor’s Degree and 4 years of experience in Risk management, or financial analysis, or statistical modeling OR High School Diploma or GED and 8 years of experience in Risk management, or financial analysis, or statistical modeling Preferred Qualifications • Exceptional Verbal and Written communication skills • Strong Analytical Skills • Critical Thinking • Advanced computer skills including MS Excel and SQL • 5-10 years’ experience within Banking and/or Financial Services industry including exposure in Credit Analysis, Portfolio Management or Underwriting. The base pay for this position is generally between $98,000.00 and $135,000.00 Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at Tagged as: $75k to $150k Apply tot his job

Source: Hireza careers

Similar roles