Credit Risk Data and Analytics Manager (Remote within California)
The Data and Analytics Manager will work closely with the CCO, CFO, Chief Risk Officer, Chief Accounting Officer, Loan Operations, IT, Internal and External Audit, and the Business Units to develop and manage timely credit reporting for external and internal purposes and credit analytics to understand how effectively we are managing to our credit risk appetite and the risk-adjusted returns of the institution.
Examples of the types of required credit information reporting include: 1) Credit information for the public reports of the consolidated Bank Holding Company and Bank — Press Releases, 10Qs, 10Ks, Investor Presentations, Regulatory Call Reports, 2) Loan information including risk ratings, accrual/non-accrual and impairment status, delinquency status, TDR designation, etc., 3) Loan information for the Company’s ALLL and CECL calculations, 4) Loan portfolio segmentation by product, business, and geographic location, 5) Collateral reporting including values, location, specific property type, tax liens, etc., 6) Providing loan portfolio information to the Auditors and Regulators on a timely basis, 7) Developing enhanced management and Board reporting to ensure that the institution’s executive team has strong insight into our credit risk profile.
Examples of the types of desired credit analytics include: 1) Individual loan underwriting stress test and break-even debt service analysis, 2) Roll rate and risk rating migration analysis, 3) Vintage analysis, 4) Overall loan portfolio and business line/product stress testing, 5) Developing predictive credit indicators and expected loss models — PD, LGD, EAD, 6) Credit risk data for pricing models, and 7) Loan Concentration Risk modeling. Experience managing or assisting with the ALLL or CECL methodology for a bank would be a plus.
The ideal candidate for the Credit Risk Data and Analytics Manager role will be someone with an inquisitive mind, deep information technology background and a strong knowledge of credit risk who is comfortable rolling up their sleeves and designing and developing credit reports and analytics, within a framework of strong internal controls over financial reporting, while managing a small team. Strong knowledge of IT systems and protocols will be important as a strategic enhancement goal for this position is to create a credit data warehouse with “certified” data pulled from our core systems and used to generate standardized and ad-hoc reporting. A key deliverable for the CRDM is to automate routine and regular reporting to generate time and cost efficiencies.
The Credit Risk Data and Analytics Manager role is an important role for the Bank. The Chief Credit Officer sees enhanced credit analytics and reporting as a strategic differentiator for the Bank as it continues to grow. Compensation is comprised of a base salary and annual bonus which is determined by both Bank and individual performance. Credit modeling, database management, and report generating experience is desired.
ESSENTIAL DUTIES AND RESPONSIBILITES: (Other duties may be assigned.)
- Assists the CCO in developing timely, accurate, comprehensive credit reporting and credit analytics which generates insight into the loan portfolio of the Bank.
- Development of a comprehensive credit data warehouse/infrastructure.
- Supports the development and execution of credit performance tracking reports. Develops and follows data collection methods to accurately query and validate external data and bank internal data needed for analyses. Presents credit data analyses and findings to key internal stakeholders.
- Automates complex reporting processes and advocates for alternative solutions to recurring processes that are not eligible for automation.
- Overseas the development of analytical tools, workflows, and solutions to support the credit risk department’s strategic goals. These tools include but are not limited to report automation, self- service reporting, scoreboards, dashboards, presentations, and record retention.
- Stays informed and proficient of credit modeling techniques and approaches, data systems and data architecture.
Maybe asked to assist the CCO in supervising other Credit Administrators and/or Credit Reporting staff members ensuring that all assigned responsibilities are managed effectively and that the Credit Administrators and/or Credit Reporting staff members are properly trained.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION AND/OR EXPEREINCE:
Bachelor’s degree with major in mathematics, statistics, finance, accounting, or related area and ten years of related experience and/or training or equivalent combination of education and experience. Additional academic credentials would be a plus with experience in an IT data or credit analytics role or related field.
Possesses strong credit risk analytical, quantitative, and problem-solving skills and knowledge of IT systems and data management protocols. Requires strong knowledge of data and databases. Specific analytical programming or coding skills (e.g., SAS). Ability to simultaneously manage multiple projects and assignments with varying deadlines. Must demonstrate strong project management and organizational skills required to execute and implement projects on time.
CREDIT ANALYTICS, DATA SYSTEMS, AND LANGUAGE SKILLS:
- Ability to condense information and transform technical data into easily understandable concepts.
- Ability to effectively present information to top management, public groups, and/or boards of directors both verbally and in writing.
- Ability to develop a credit data warehouse, with assigned data stewards, and data validation procedures, with automatic and ad-hoc reporting capabilities.
- Ability to be an effective listener and communicator.
- Ability to work with mathematical concepts such as probability and statistical inference.
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Ability to define problems, collect data, establish facts, and sift through information and data to draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions and deal with several abstract and concrete variables.
The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand, walk, and reach with hands and arms. The employee must occasionally lift and/or move up to ten pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.
The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet, with work performed in an office or at-home environment.
There is flexibility to work location for this position as Bank of the Sierra has a large footprint across the central and southern San Joaquin Valley and central and southern California coast.