Senior Analyst, Consumer Credit Policy & Analytics

Location
Tysons Corner , Virginia
Posted
Oct 09, 2017
Closes
Oct 24, 2017
Ref
5602
Function
Analyst
Hours
Full Time

Summary

PenFed is hiring a Senior Analyst, Consumer Credit Policy and Analytics in Eugene, OR. The position will support end-to-end development and implementation of credit policy and credit risk monitoring/analysis in Consumer Lending space. This includes automated and judgmental deaccessioning credit policies for new account acquisition approve/decline, line assignment and portfolio risk management in Credit Card, Direct & Indirect Auto Loan, Unsecured Personal Loan, Line of Credit and Student Loan.

 

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

    Drive monitoring/analysis of credit risk for both organic and acquired portfolio, prepare related management reporting package and provide insights on root causes, emerging credit trends and implications on Allowance for Loan Losses.
  • Perform business line program deep dive and monitoring on credit policy change to drive credit policy optimization & risk mitigation strategies, inform corporate strategic decisions, enable better member experience and improve efficiencies.
  • Provide ongoing or ad-hoc risk analytics to support credit or new product expansion. Collaborate with modeling team to build/manage risk models using both internal and external data sources, conduct risk drivers analysis and build/implement valuation models. Develop manual underwriter scorecard and statistical sampling to support judgmental decisioning review program. Collaborate with business line product managers in optimizing marketing campaigns used in acquisitions that align with the credit policies and scoring models. Partner with key stakeholders in various groups (Credit Risk Modeling, Business Lines, Compliance, Operations, Finance and Enterprise Risk Management) to identify areas of opportunity and spearhead initiatives in order to enable profitable growth while minimizing credit risk exposure and adapting to changing economic & regulatory environment. Identify required data and work with data stewards to understand data source, ensure data quality and retrieve data on a timely basis. Contribute to credit data mart and corporate database designs. Identify and communicate data anomalies and requirements to the development team and other stakeholders. Enhance portfolio reporting, improve internal efficiencies, and meet changing management and regulatory requirements. Participate in external and internal audits, and regulatory examinations as needed. 
 

Education and Experience

Equivalent combination of education and experience is considered.

    Degree in Math, Statistics, Economics, Computer Science, or other quantitative field Minimum of 3 years of experience in quantitative analysis / modeling, credit policy or credit risk management in financial services industry Strong skills in various data analysis and visualization tools including SQL, Tableau, Excel and PowerPoint are required. Proficiency with statistical tools (SAS, R) and analysis is preferred. Curiosity, attention to detail, strong critical thinking and problem solving skills Ability to work effectively in ambiguous situations, ability to multi-task
  • Self-motivated and strong interpersonal skills in order to actively lead and implement ideas in a cross-functional team environment
Supervisory Responsibility

    This position will not supervise  employees.
 

Licenses and Certifications

    There are no additional certifications required.
 

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. 

 

Travel

Limited travel to various worksites is required. 

 

 

About Us

Founded in 1935, and still growing, we began as the War Department Federal Credit Union.  Today, PenFed is one of the country’s strongest and most stable financial institutions with over 1.6 million members and over $21 billion in assets.  We serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa. 

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality.

We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.

 

Equal Employment Opportunity

PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.  PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.