Description WHAT YOU WILL DO The Sr. Portfolio Risk Associate is responsible for portfolio analytics, tracking, reporting and monitoring for the purposes of controlling and managing the company's risk tolerance. The Senior Associate will also be running and supporting the financial reporting, calculations and sample testing for HCA's Consumer Allowance for Loan and Lease Losses (ALLL). Additional responsibilities will include midmonth and annual loss forecasting, including the tracking of historical roll rates by risk segment, identifying operational drivers, and understanding the macroeconomic environment that can be used as forecasting tools. These tools will be used in conjunction with running the loss model to increase forecast accuracy.
HOW YOU WILL MAKE AN IMPACT - Develop portfolio analysis of credit segments to differentiate portfolio delinquency and loss performance, assess risk and opportunities of portfolio performance trends, and effectively communicate them to management.
- Maintain and improve portfolio delinquency and loss dashboards in Tableau to improve reporting and efficiency for bi-weekly credit loss meetings.
- Generate the quarterly ALLL Consumer Reserves calculation for CECL and IFRS 9 by working with model development team and validating model output results. Re-evaluate qualitative factors on a quarterly basis to ensure the appropriate level of adjustments to the allowance.
- Produce production reports for Risk Control Committee (RCC) presentation and track portfolio segments relative to the company's risk triggers portfolio trends and assess the risk of those trends.
- Track macroeconomic forecasts by using Moody's Analytics DataBuffet, informing management and executives up-to-date information for best decision management and corrective actions
- Assist in the preparation of ALLL control documentation and quarterly memorandum and sample testing for external auditors. Prepare all necessary Provided-by-client (PBC) requests from auditors outside of ALLL KSOX framework.
- Perform data mining/analysis and automation of data reports and presentations to support Portfolio Risk strategy initiatives.
Qualifications WHAT YOU WILL BRING TO THE ROLE - Minimum 4-6 years' related experience in consumer finance Risk field.
- SAS or SQL experience required, R and Python experience a plus.
- Collections or Customer Service operations background a plus
- Bachelor's degree in Mathematics, Statistics, Economics or related quantitative field.
- Master's degree preferred.
- An in-depth understanding of statistics with some application of modeling and scoring techniques.
- A thorough understanding of credit risk principles, portfolio management, FASB accounting standards on Current Expected Credit Loss (CECL) and International Financial Reporting Standard (IFRS) 9 accounting standards for loss reserving.
- Strong PC skills; Microsoft Excel, Word, PowerPoint, Visio and relational database concepts.
- Ability to comprehend instructions, create documentation on reporting and explain complex systems and data succinctly.
- Ability to understand business objectives and their relationship to the importance of individual projects.
WE TAKE CARE OF OUR PEOPLE At HCA, we know our success starts with our people. We offer a comprehensive rewards package designed to support your health, financial wellbeing, and life outside of work - so you can bring your best every day.
In addition to competitive pay, our benefits include:- Hybrid work schedule offering 4 on-site days and 1 remote day per week
- Vehicle benefits designed around your role, including monthly allowances and purchase and lease discounts
- Flexible health coverage with medical, dental, and vision plans, including no cost and low-cost options
- Annual employer HSA contribution to help offset healthcare expenses
- 401(k) with company match and immediate vesting, so you can start building your future from day one
- 100% company paid life and disability insurance for added peace of mind
- Wellbeing programs at no cost to you, including gym benefits and health resources
- Generous parental leave to support growing families
- Paid Volunteer Time Off, plus a company donation to a charity of your choice
At HCA, our benefits are more than perks - they're part of our commitment to supporting you at work and in life. Learn more about benefits at HCA!
WHAT HAPPENS NEXT Express your interest by submitting an application. Once your application is received, our recruiting team will review your application to see if you meet the basic and preferred qualifications listed on the job description. For more information on our culture, visit our careers page.
