Fifth Third Bank - Cincinnati, OH
posted 5 months ago
As a Mortgage Credit Risk Analyst at Fifth Third Bank, you will be responsible for developing analytics and reporting to assist in the identification and evaluation of all risks related to Consumer Credit, which includes Direct, Indirect, Credit Card, and Residential Lending. Your role will involve identifying and monitoring credit quality trends in consumer portfolios and contributing to the production of Line of Business Risk Assessments, Targeted Examinations, and Special Assessments. You will participate in quantitative model development that involves risk, profitability, loss forecasts, loan origination strategies, pricing, and all related documentation across Consumer Lending. Additionally, you will act as a business liaison and team member with Line of Business decision makers, ensuring that you stay abreast of industry trends and regulatory requirements. Your contributions will be crucial in reviewing and assessing first line strategies as the second line of defense. In this role, you will be responsible and accountable for risk management by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. You will be accountable for always doing the right thing for customers and colleagues, ensuring that your actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, you will achieve results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Your essential duties will include accessing and querying a multitude of databases, creating and maintaining data sets, analyzing concentrations, product mix, delinquency and loss trending, and product optimization. You will conduct root cause analysis to identify opportunities to predict, prevent, and mitigate risk within processes and performance across consumer lines of business. You will also coordinate activities in credit outcomes to track and report trends and behaviors, consult and challenge strategies for return on risk, and prepare and deliver presentations related to recommendations and strategy results to business partners and management. Furthermore, you will run daily/monthly/quarterly production processes meticulously within established controls and tight deadlines, develop reports to understand financial performance by risk and behavioral segments, and assist in the development of risk-based pricing models and loan loss models utilizing statistical techniques.