Share

Senior Credit Risk Management Analyst

POSITION SUMMARY  

This position is responsible for supporting the Risk Managers in reviewing the Bank’s Current Expected Credit Loss Models (CECL) and developing the Qualitative Factors framework under CECL.  The candidate will also assist with managing the day-to-day workflow of models and developing ad-hoc credit analytics and reports.

 

  MAJOR JOB RESPONSIBILITIES

      

Review CECL credit risk / loss models and perform TTC and PIT analysis as needed.

25%

Support development of Qualitative Factors framework under CECL

25%

Research relevant regulatory frameworks, underlying products, assumptions and methodologies

15%

Review model documentation, evaluate risks and propose review strategies

10%

Perform model output analytics

15%

Create a comprehensive model review report

5%

Be exposed to multiple lines of business and model types: allowance, pricing, financial reporting, capital, forecasting and others.  Work closely with others, both inside and outside the team

5%

      

SUPERVISORY RESPONSIBILITIES

       None

SKILLS AND TRAINING

  • Ability to influence positive outcomes across a wide variety of business areas.
  • Solutions-driven, confident, ethical, and highly motivated.
  • Must be flexible and able to operate in a fast-paced environment.
  • Strong analytical, quantitative, critical thinking, problem solving, communication and time management skills are required. 
  • Ability to work independently and build strong and productive working relationship is required.
  • Strong analytical writing skills are required.

 

EDUCATION

BA Degree or above, preferably in Mathematics, Statistics or Computer Science major.

Knowledge of SR11-7, OCC, FRB and other relevant banking regulations and regulators is preferred. 

Knowledge of computer languages such as Python is preferred.

 

  WORK EXPERIENCE

3+ years of experience in CRE and/or C&I underwriting required.

2+ years of experience with credit models and allowance reserve models preferred.

 

  LICENSES AND/OR CERTIFICATES

        Licenses and Certifications                                                              Expiration Date

       

WORKING CONDITIONS

Work is performed in a normal office environment.  Noise levels are usually moderate. 

 

HAZARDS

The hazards are mainly those present in a normal office setting.             

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.


About Provident Bank

For more than 180 years, Provident Bank has served individuals, families, and businesses in our local communities with personal and business banking services.

Volunteering is a Way of Life

Our brand promise - “Commitment you can count on” - supports the investments we make in the community and donations made by our employees. It’s a promise also reflected in the volunteerism of our employees, who lend time and talent and countless hours to assist hundreds of organizations and thousands of people and animals each year.

Why do we love it?

  1. We get to volunteer in areas that are meaningful to the bank and impactful in the community.
     
  2. Through generous contributions, we have raised over $28,000 in 2018. No item or donation is too small; we find a home for it all.


Nearest Major Market: New Jersey