Senior Credit Risk Management Analyst, Chelmsford, MA or Hillsboro, OR, Hyb

About the Role

The Senior Analyst, Credit Risk is responsible for performing advanced credit risk analysis, portfolio monitoring, and reporting to support the organization’s Second Line of Defense (2LOD) credit risk management function. This role evaluates credit performance, supports risk governance activities, and provides insights to ensure alignment with the organization’s risk appetite, regulatory expectations, and strategic objectives. The Senior Analyst operates independently on complex assignments, providing data-driven insights, identifying emerging risks, and supporting effective challenge of first line lending practices and portfolio strategies.

What You’ll Do

• Analyze credit portfolio performance across consumer and commercial portfolios, including credit quality, concentrations, migration trends, and loss performance
• Monitor and report on key credit risk indicators (KRIs/KPIs), identifying trends, emerging risks, and areas of concern
• Support the Allowance for Credit Losses (ACL) / CECL process, including data analysis, validation of assumptions, and review of outputs
• Perform stress testing and scenario analysis to evaluate potential impacts on portfolio performance, earnings, and capital
• Evaluate underwriting practices, portfolio strategies, and credit risk frameworks, providing insights and effective challenge where appropriate
• Support development of credit risk reporting, including materials for leadership, risk committees, and governance forums
• Analyze large data sets to generate actionable insights and support decision-making across credit risk functions
• Assist in maintaining and enhancing credit risk policies, procedures, and governance documentation
• Support credit model oversight and governance, including monitoring performance and identifying potential limitations in coordination with Model Risk Management
• Participate in regulatory exams, internal audits, and credit reviews, including preparation of analysis, documentation, and responses
• Partner with Finance, Lending, and Risk teams to support portfolio analysis, forecasting, and risk assessments
• Identify opportunities to improve credit risk analytics, reporting processes, and data quality
• Stay informed on regulatory expectations, industry trends, and emerging credit risks

Typical Scope

• Applies best practices and knowledge of internal/external business challenges to improve products, processes or services
• Is accountable for small projects or programs with manageable risks and resource requirements
• Resolves difficult and complex problems using judgment and analysis; contributes to problem solving in collaborative settings
• Interprets policies and adapts them to new situations
• Demonstrates judgment in selecting methods to solve problems that have cross-functional impacts or require balancing competing priorities
• Applies advanced knowledge of job area with experienced understanding of functional area
• Typically receives little instruction on daily work; works independently within defined specialties; adapts methods and procedures for routine work with minimal oversight
• Accountable for deliverables
• May mentor others and coach or review their work

Education & Experience

• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree)
• Required Experience: 4 - 6 years of relevant experience

Qualifications & Skills

• Strong understanding of credit risk principles, lending products, and portfolio performance analysis
• Knowledge of credit risk modeling, CECL/ACL, and stress testing concepts
• Strong analytical and quantitative skills, with ability to interpret complex data
• Experience with data analysis tools and Excel; familiarity with SQL, Python, or similar preferred
• Ability to identify trends and translate data into clear, actionable insights
• Strong problem-solving and critical thinking skills
• Excellent written and verbal communication skills
• Ability to manage multiple priorities in a fast-paced environment

Location

Chelmsford, MA, Hillsboro MA

Pay

$93,000 - $111,500 annually

Schedule

Monday through Friday 8a-5p (40 hrs)

Benefits

• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: accrue up to 15 days in your first year, plus 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)