In this hybrid role based at our Chicago Headquarters, you will develop and review credit policies and strategies.
Essential Responsibilities- Analyze origination risk factors and recommend/implement improvements in areas such as underwriting criteria, lending policies and standards, and loan product pricing to increase loan volumes within the risk appetite.
- Review and monitor credit risk for credit cards, and recommend/implement line management, pricing and authorization strategies.
- Prepare data for third-party quarterly mortgage & consumer loan portfolio performance analysis.
- Provide support and rule recommendations for loan origination system implementation and maintenance.
- Provide data and analytics support to assess risk with respect to future new and enhanced lending products as well as potential loan trading transactions.
- Assess analytics including but not limited to economic capital analysis, credit loss modeling and mitigation, CECL implementation.
- Query the data warehouse and other databases with tools such as SAP Business Objects / Microsoft SQL Server Management Studio to extract, summarize, and save relevant data.
- Drive improvements by utilizing statistical techniques in test set-up to more accurately assess effectiveness of proposed risk strategies.
- Work with other teams such as Advanced Analytics to design and build predictive models in tools such as Python/R/SAS.
- Evaluate, implement, and monitor third-party scoring solutions.
- Prepare supporting information and present findings to management.
- Generate periodic reports for audit and regulatory compliance and assist with ad hoc requests.
- Help formulate and revise credit policies and procedures to address new regulations.
Education & Years of Experience
- Minimum- 4 Year Bachelors Degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science or Related
- Preferred - Graduate Degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science or Related
- Minimum - 3 Years Experience in credit risk analytics within financial services
In Lieu of Education- 5 Years Experience in credit risk analytics within financial services
Compensation & Benefits:Typical hiring range: $84,200.00 to $131,000.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:
- Annual performance bonus
- Work from home up to 3 days a week
- Paid parental leave
- Employee discount programs
- Time off including paid personal and sick days
- 11 paid holidays
- Education reimbursement
*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
