First Horizon Bank - Lafayette, LA

posted 4 months ago

Full-time
Lafayette, LA
5,001-10,000 employees
Credit Intermediation and Related Activities

About the position

The position involves assisting in the documentation, production, and analysis of Current Expected Credit Losses (CECL), Credit Loss Forecasting, and Stress Testing material for both consumer and commercial lending portfolios. The successful candidate will utilize the bank's CECL platform to extract and analyze credit loss model results, ensuring data accuracy and establishing appropriate controls. This role requires a strong analytical background, as the individual will be responsible for calculating, analyzing, and reporting on various aspects of CECL reserves and loss forecasts using tools such as SAS, Excel, and other analytic platforms. In addition to the technical aspects, the candidate will update standard tables and commentary in CECL, Credit Loss Forecasting, and Stress Testing presentations. Analyzing economic forecast data and explaining its relevance to changes in loss forecasts is also a key responsibility. The role includes maintaining process and procedures documentation and performing ad hoc analysis of consumer and commercial lending portfolios related to credit risk. The position does not involve supervisory responsibilities, allowing the individual to focus on analytical tasks and contribute to the overall success of the team. The ideal candidate will possess a Bachelor’s degree in business or mathematical science and have 4-6 years of experience in analytics and/or loss forecasting, preferably within the financial services industry. A working knowledge of programming languages such as Python, R, SAS, or SQL is required, along with strong analytical skills and proficiency in Microsoft Excel. This role is critical in supporting the bank's efforts to manage credit risk effectively and ensure compliance with regulatory requirements.

Responsibilities

  • Use the bank's CECL platform to extract and analyze credit loss model results.
  • Use SAS, Excel, or other analytic platforms to calculate, analyze, or report on aspects of CECL reserves and other loss forecasts.
  • Exercise/establish appropriate controls ensuring data and calculation accuracy.
  • Update standard tables and commentary in CECL, Credit Loss Forecasting, and Stress Testing presentations.
  • Analyze economic forecast data and explain its relevance to changes in loss forecasts.
  • Assist in maintaining process and procedures documentation.
  • Perform ad hoc analysis of consumer and commercial lending portfolios related to various aspects of credit risk.
  • Perform all other duties as assigned.

Requirements

  • Bachelor (4-year college) degree in business or mathematical science.
  • 4-6 years of experience in analytics and/or loss forecasting, preferably in the financial services industry.
  • Working knowledge of Python, R, SAS or SQL required.
  • Strong analytical skills.
  • Microsoft Excel experience required.

Benefits

  • Medical with wellness incentives, dental, and vision
  • HSA with company match
  • Maternity and parental leave
  • Tuition reimbursement
  • Mentor program
  • 401(k) with 6% match
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