Allowance for Credit Losses Analyst Sr

Job Responsibilities

• Execute quarterly production of the allowance for credit losses, independently managing assigned workflow, in accordance with established methodology and SOX framework.
• Analyze key drivers of changes in the ACL, including rate/volume, economic forecast, and credit mix, solutioning unintuitive drivers.
• Collaborate with Credit function and other key stakeholders to propose, develop and document qualitative adjustments.
• Develop and/or maintain supporting ACL documentation, including working group materials, quarterly governance materials, ad-hoc documentation and analyses, and financial disclosures and regulatory reports.
• Support communication of results and other ACL related matters to internal and external stakeholders.
• Support execution of internal strategic initiatives for effective implementation into ACL Program.
• Maintains knowledge of relevant accounting standards and regulatory guidance related to Current Expected Credit Losses, as well as credit risk factors impacting the loan and lease portfolio.
• Uses independent judgement and discretion to make decisions.
• Analyzes and resolves problems.

Job Requirements

• Education level required: Undergraduate Degree (4 years or equivalent).
• Minimum experience required: 4+ Years in credit risk management, accounting, or related experience.
• Proficient in Python.

Preferred Qualifications

• Knowledge of CECL (Current Expected Credit Loss).
• Experience in mid-size and large financial institutions.
• Experience with Alteryx platform.