Credit Risk Analyst II

$61,800 - $85,350/Yr

Exeter Finance Corp - Irving, TX

Full-time - Mid Level

Irving, TX

Credit Intermediation and Related Activities

About the position

The Credit Risk Modeling Analyst II at Exeter Finance LLC is responsible for developing and managing credit risk models that are essential for loan originations, account management, collections, loan loss forecasting, capital planning, and stress testing. This role involves independent model development and collaboration with various stakeholders to enhance risk-return tradeoffs and improve model accuracy.

Responsibilities

• Develop, document, and provide high-level support of Probability of Default Models.
• Research and apply enhancements to existing models to improve accuracy.
• Work closely with business and management to provide value-added solutions for risk-return tradeoff enhancement.
• Independently develop and produce analyses related to loan origination, performance, and forecasting.
• Manipulate and interpret data, analyze trends, and report findings.
• Complete ad hoc projects related to credit risk and summarize results using various presentation techniques.
• Participate in quarterly model review and performance testing.
• Summarize analysis and communicate information to various levels of management.

Requirements

• Bachelor's or Master's degree in an applied quantitative field such as Engineering, Economics, Statistics, or Finance, or equivalent work experience.
• Two (2) plus years of experience with predictive modeling, including forecasting techniques such as Logistic Regression, Generalized Linear Models, Decision Trees, Neural Networks, Markov, and Multivariate Analysis.
• Experience in Computational Finance with an understanding of loan origination and operational strategies.
• Experience working with credit data, including Originations credit policy, Servicing and Collections analytics, and Loss Forecasting.
• Knowledge of advanced statistical concepts and financial analytics in risk modeling.
• Understanding of GAAP principles related to loss forecasting and stress-testing, particularly ALL, CECL, SOX, Frank-Dodd, CCAR, and Basel.
• Strong programming skills in SQL, SAS, and VBA, with advanced Excel proficiency.
• Excellent business judgment and risk assessment skills.
• Understanding of data sources/warehouses, data mining, and data analysis techniques.
• Quantitative skills with the ability to analyze detailed statistics and summarize findings.
• Detail-oriented with the ability to manage multiple tasks and deadlines.
• Effective written and verbal presentation skills.
• Ability to adapt to rapid change.

Nice-to-haves

• Experience with Monte Carlo methods.
• Familiarity with machine learning techniques.
• Knowledge of financial modeling and data analysis skills.

Benefits

• Competitive salary range of $61,800 - $85,350 per year.
• Equal Opportunity Employer commitment.
• Supportive work environment.