Job Title: Senior Credit Risk Analyst
Department or Branch: Risk Management
Why this Role MattersThe
Senior Credit Risk Analyst is an experienced individual contributor who supports the Credit Union's credit risk management activities through independent loan portfolio analysis and monitoring, credit risk reporting, credit review, and policy and regulatory support. This position identifies emerging credit risks and trends and works collaboratively with lending, finance, risk management, and other areas of the Credit Union to support sound credit risk practices.
What You'll ContributeCredit Risk Analysis, Monitoring, and Reporting
- Conducts ongoing analysis and monitoring of the Credit Union's loan portfolios to identify trends, concentrations, emerging risks, and changes in portfolio performance.
- Monitors credit quality indicators, including delinquencies, charge-offs, risk ratings, policy exceptions, collateral trends, and other credit risk metrics.
- Prepares and analyzes recurring credit risk reports for Management, the Risk Oversight Committee, the Board of Directors, and other appropriate stakeholders.
- Performs credit migration analysis, stress testing, benchmarking, and ad hoc credit risk analysis as requested.
- Provides analysis and recommendations to Management regarding portfolio trends and emerging risks.
Credit Review and Risk Management
- Monitors and supports the administration and maintenance of the Credit Union's credit risk rating framework.
- Reviews and analyzes risk ratings and other credit-related information, identifying potential concerns for Management's consideration.
- Monitors annual reviews, renewals, and other credit review requirements to support timely completion.
- Supports and coordinates third-party loan review activities, and follows up on findings, recommendations, and management action plans.
- Performs individual credit or loan reviews as appropriate.
Policy, Regulatory, and Governance Support
- Supports the development, maintenance, and periodic review of lending and credit risk policies and procedures.
- Monitors and assists with the analysis and reporting of policy exceptions.
- Maintains awareness of applicable regulatory requirements, industry developments, and credit risk management practices.
- Supports credit-related regulatory examinations, audits, third-party reviews, and requests for information by preparing analysis and documentation as needed.
- Prepares materials and supports credit risk discussions for the Risk Oversight Committee and other appropriate Credit Union committees.
Cross-Functional Collaboration, Process Improvement, and Training
- Collaborates with lending, finance, risk management, and other Credit Union areas on credit risk and portfolio matters.
- Provides credit risk analysis and support for organizational initiatives.
- Identifies and recommends opportunities to improve credit risk monitoring, reporting, documentation, and related processes.
- Serves as a credit risk resource to colleagues and business partners and supports knowledge sharing, training, and communication regarding credit risk practices, policies, and underwriting standards.
- Participates in relevant projects, committees, training, and professional development opportunities.
Other Duties
- Performs additional duties or responsibilities as required, requested, or deemed appropriate.
- May be asked to provide coverage in other WCU departments, functions, or business units as needed.
- Complies with all WCU policies and procedures.
- Contributes to departmental and organizational projects and initiatives as assigned.
- Maintains the confidentiality of all member and credit union information at all times.
- Regularly demonstrate behaviors as defined by the credit union's core values: Choose Purpose Over Ego, Be Direct With Respect, Dare to Grow, Do the Right Thing Always, and Win Together
What You'll Bring- 5-7+ years of related experience within a financial institution, preferably involving lending, credit analysis, loan review, credit risk management, or related lending experience.
- Bachelor's degree in business, finance, economics, accounting, or a related field required.
- Strong analytical and problem-solving skills with the ability to independently analyze and interpret complex financial and credit data.
- Advanced knowledge of lending, credit risk management, loan portfolio analysis, and risk-rating concepts.
- Ability to read, analyze, and interpret applicable laws, regulations, policies, and procedures related to lending and credit risk.
- Detail oriented and highly organized, with the ability to independently manage complex assignments, competing priorities and deadlines.
- Strong written and verbal communication skills, including the ability to prepare clear reports and presentations for Management and committees.
- Ability to influence and collaborate effectively with stakeholders across lending, finance, risk management, and other functional areas.
- Proficiency in Microsoft Office products, particularly Excel.
- Experience with loan analytics, reporting, or credit risk systems is desirable.
How You'll WorkHybrid Work Environment: This position offers a hybrid work environment, combining remote work with regular on-site days at the Littleton Headquarters. This work environment is subject to change based on business needs.
CompensationPay Grade: 13
FLSA Status: Exempt
Pay Grade Range: $94,822-$118,528
Actual compensation offered may vary from the posted pay grade range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.
Total Rewards- Comprehensive medical, dental and vision plans
- Basic life and AD&D insurance, short-term disability and long-term disability
- 15+ days of paid time off (PTO) per year
- Up to 16 hours of volunteer time off (VTO) per year
- 11+ paid holidays
- 401(k) that includes a Safe Harbor Match of up to 4%.
- Tuition Reimbursement Program
- Mental health resources including an Employee Assistance Program (EAP)
- Individualized learning and development programs
