Principal Quantitative Risk Management Analyst, Marlboro or Chelmsford, MA or Hillsboro, OR, Hybrid

This role provides advanced quantitative expertise to support the Credit Union’s capital planning and stress testing program by developing, maintaining, and applying analytical models, scenario-based forecasting processes, and decision-support tools. The role translates business strategy, risk appetite, portfolio behavior, and macroeconomic assumptions into model-ready inputs and actionable outputs that inform capital adequacy assessment, governance, regulatory reporting, management action planning, and proactive risk identification. It also supports Finance and Capital Planning special projects, including ad hoc analysis, strategic initiatives, process enhancements, management reporting, and cross-functional efforts that improve financial insight, capital adequacy monitoring, and organizational decision-making.

Responsibilities

• Develop, refine, and maintain sophisticated quantitative models that assess market, credit, operational, and portfolio-level risks.
• Lead the implementation and continuous improvement of analytical tools and processes used for risk measurement, forecasting, stress testing, and scenario analysis.
• Establish and interpret risk metrics, thresholds, and guidelines to ensure the organization’s exposure remains within acceptable boundaries.
• Evaluate the risk implications of new or evolving financial products, strategies, and business initiatives, providing actionable insights to stakeholders.
• Monitor macroeconomic trends, market conditions, and emerging risk signals to identify potential vulnerabilities and recommend mitigation strategies.
• Drive the creation of effective reporting frameworks that enhance transparency, data quality, and efficiency in communicating risk insights.
• Collaborate cross-functionally with business, finance, data, and technology partners to embed quantitative risk practices into decision-making processes.
• Provide technical guidance, mentorship, or subject-matter expertise to others to strengthen the organization’s overall analytical capabilities.
• Ensure adherence to internal policies, governance expectations, and regulatory requirements related to risk modeling and analytics.

Requirements

• Bachelor's degree in a field relevant to the role (or 4 additional years of relevant experience in lieu of a degree).
• 8 - 12 years of relevant experience.
• Strong expertise in quantitative finance, statistics, econometrics, mathematics, or a related discipline.
• Proven ability to build, validate, and interpret complex risk or financial models using tools such as Python, R, SQL, or similar analytics platforms.
• Deep knowledge of risk concepts—including market, credit, operational, and portfolio risk—and their application in financial or operational environments.
• Ability to translate complex analytical findings into clear, actionable recommendations for diverse stakeholders.
• Demonstrated capability to work independently on complex problems while contributing effectively within cross-functional teams.
• Strong understanding of data structures, model governance, and analytical best practices.

Location

Either Marlboro, MA, Chelmsford, MA, or Hillsboro, OR.

Pay

$146,500 - $176,000

Benefits

• Traditional medical, dental, and vision coverage.
• Generous 401(k) match.
• Paid Time Off: You’ll accrue up to 15 days in your first year. In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually.
• Paid federal holidays.
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria).