Financial Risk Analyst II

Navy Federal Credit Union
Merrifield, VA
Aug 06, 2018
Aug 14, 2018
Analyst, Finance
Full Time
Employee Perks Why You Will Love Being Part of the Navy Federal Team:*Competitive compensation with opportunities for annual raises, promotions, and bonus potential*Best-in-Class Benefits! (7% 401k match / Pension plan / Tuition reimbursement / Great insurance options)*On-site amenities include fitness center, wellness center, cafeteria, etc. at Pensacola, FL; Vienna, VA and Winchester, VA campuses*Consistently Awarded Top Workplace*Nationally recognized training department by TRAINING Magazine IND123*An employee-focused, diverse, and service-oriented workplace environmentBasic Purpose Perform financial analysis and modeling that maximizes profits and asset growth and minimizes operating losses and other risk exposures. Provide analytical support for various business strategies to ensure Navy Federal goals are met. Utilize innovative financial models and simulation scenarios to optimize business performance and minimize strategic risk exposure. Develop and coordinate the production of performance reports to management. Serve as Lead Analyst on larger scope projects under minimal supervision and assist lower level Analysts with projects. Assist with formulating strategies around risk mitigation, product development and business operation. Provide input, clarification and insight to mid and executive-level management across Lending with answers to business questions.Responsibilities:* Develop and optimize risk strategies and credit guidelines that drive portfolio growth while ensuring that portfolios operate within boundaries of acceptable risk* Build models to evaluate and optimize business strategies across the lifecycle of credit products/services* Conduct statistical / financial analysis on internal and external market data to discover the tradeoffs of competing business objectives such as growth, profitability, market share and competitive position* Provide financial modeling to evaluate and predict profitability and performance of products and/or services* Optimize and recommend pricing strategies for products and services using mathematical modeling techniques* Develop predictive modeling projects using data mining techniques for analyzing current and future performance* Create financial reports based on the impact of predictive modeling assumptions* Perform full cycle model design and development which includes but is not limited to identifying objectives, sampling, testing/validation, calibration, and monitoring performance* Develop various financial models and provide cost-benefit analyses for business and strategic opportunities, market share, and profitability* Develop and test multiple hypotheses using results from analyses to generate and answer new questions leading to more in-depth understanding of business issue(s) being studied* Evaluate/develop/implement analytical techniques and best practices to gain a competitive advantage* Coordinate the production of performance reports for management* Serve as SME regarding product optimization and risk evaluations* Utilize regression techniques/back testing to identify variances and/or deviations from forecasts* Make presentations of modeling and analysis results to non-technical audience of various levels * Manage multiple projects under tight deadlines; ensure projects are completed on time and meet expectations * Identify existing and new issues pertaining to compliance with state and federal regulations to ensure necessary policies, strategies and procedures are implemented* Prepare position papers to highlight issues which may or will impact Navy Federal operations * Perform other duties as assigned or appropriateQualifications - All required unless otherwise noted:* Master's Degree in a related field (Statistics, Mathematics, Operations Research, Economics, Engineering, Finance), or the equivalent combination of training, education and experience* Significant experience in financial modeling, forecasting, cost benefit analysis and cash-flow analysis * Advanced knowledge of statistical methods such as linear and logistic regression, decision trees, time-series and forecasting, K-means clustering, survival analysis etc. * Advanced knowledge of mathematical optimization techniques such as linear and mixed-integer programming, including experience in stochastic optimization * Advanced skill in statistical methods/mathematical techniques and related analytical/data collection tools such as SAS, R, Python, SQL, JMP, etc. * Significant experience in statistical/risk modeling and forecasting preferably related to financial services * Advanced skill in building and maintaining financial models, and perform comparative financial modeling using pertinent industry analysis and current assumptions * Advanced skill researching and analyzing data, processes and trends * Significant experience in working with diverse internal and external contacts * Analytical/quantitative, reconciliation and deductive reasoning skills * Advanced research, analytical, and problem solving skills * Advanced skill building effective relationships through rapport, trust, diplomacy and tact * Advanced skill exercising initiative and using good judgment to make sound decisions * Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely* Advanced verbal and written communication skills x Advanced database and presentation software skills * Advanced word processing and spreadsheet software skills* Desired - Knowledge of Navy Federal products, services, programs, policies and proceduresHours:Monday-Friday, 8:00am-4:30pmEqual Employment Opportunity Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability

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