Sr. Manager Credit Risk

Drive the development of analytical frameworks and strategies for the financial risk and credit risk programs such as loan origination, account management, loss forecasting, capital planning and CECL. Lead a team and drive workstreams including loss forecasting and CECL leveraging data and analytics. Build relationships with key partners across different functions, including business line managers, finance, and compliance. Assist with audit and regulator requests across credit and financial risk. Perform model validations and strategies testing and assist with audit/regulator requests. Work with businesses such as loan servicing and data service.
Essential Responsibilities

• Lead a team to use data and analytics to develop analytical frameworks and strategies for loan origination strategies, loss forecasting, capital planning and CECL
• Provide sound risk guidance, interpretation and forecasting based on quantitative facts and sound judgment
• Review and monitor credit risk for the residential and commercial lending books
• Review business usage of origination risk factors and provide effective challenge to underwriting for the residential and commercial lending portfolios
• Ensure criteria and loan product pricing align with the establish risk appetite
• Support new data acquisition and guide department and other functional areas on current data intricacies
• Oversee credit risk analytics for the lending book, which includes but is not limited to loan origination strategy, economic capital setting, credit loss modeling and mitigation, CECL implementation
• Collaborate with database administration to streamline two-way communication to ensure data quality
• Evaluate, implement, and monitor internally developed or third-party scoring solutions
• Develop periodic reports for audit and regulatory compliance and assist with ad hoc requests
• Help formulate and revise credit policies and procedures to address new regulations for the residential and commercial lending books
• Execute a second-line financial risk management program encompassing interest rate risk and liquidity risk
• Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities

Education & Experience

• Minimum - 4 Year Bachelors Degree in Mathematics, Statistics, Quantitative, Finance, Engineering, Computer Science or Related
• Preferred - Graduate Degree in Mathematics, Statistics, Quantitative, Finance, Engineering, Computer Science or Related
• Minimum - 8 Years of Credit risk analytics within financial services environment or related
• Minimum - 2 Years of People Management

In Lieu of Education

• 12 Years of Credit risk analytics within financial services environment including people management

Compensation & Benefits:
Typical hiring range: $133,700.00 to $229,200.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:

• Annual performance bonus
• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays
• Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.