Financial Modeling Analyst I

About the role

This position will support the development, monitoring, and testing of quantitative models to support SECU’s Capital Planning, Stress Testing, and CECL efforts. It supports executive decision making with regard to scenario analysis, risk appetite, and loan-loss allowance, and informs management of trends within the economy and SECU’s balance sheet.

Responsibilities

• Assist with the maintenance of existing quantitative analysis, credit loss forecasting models, and behavior modeling for loan and deposit products (30%).
• Lead in the development, documentation, review, backtesting, and approval of new models (30%).
• Assist with capital planning and analysis to support growth projections and scenario design (20%).
• Assist with implementation, performance monitoring, and ad hoc analysis to support credit loss forecasting (20%).

Requirements

• Four-year degree in Finance, Mathematics, Economics, or a related quantitative field of study.
• 2+ years of progressive experience in financial services industry in risk management or finance, or an advanced degree in a quantitative field of study.
• Strong understanding of financial markets, interest rates and potential impact of current economic activities and political events.
• Strong understanding of financial statements, forecasting, and performance metrics.
• Proven ability to condense highly technical subject matter into clear and effective communications to senior management.
• Proficiency with statistical software programming tools such as R, Python, SAS.

Preferred Qualifications

• Advanced degree in Finance, Mathematics, Economics, or a related quantitative field of study.

Work Environment

Hybrid work schedule.