Credit Risk Job Description
Credit risk
provides thought leadership and technical guidance to GDI&A on the use of the environments (i.e., SAS Servers, Hadoop, Greenplum) and tools (e.g., SAS, R, Python, Matlab) in GDI&A’s data and analytics infrastructure.
Credit Risk Duties & Responsibilities
To write an effective credit risk job description, begin by listing detailed duties, responsibilities and expectations. We have included credit risk job description templates that you can modify and use.
Sample responsibilities for this position include:
Prepare borrower risk assessments in a timely manner to identify and evaluate the major risks and recommend the appropriate risk rating to meet regulatory and business requirements
Review single name strategies/credit requests within agreed timelines, evaluate the risks and highlight exceptions to applicable policies and guidelines and recommend the appropriate course of action to GRM executives
Prepare peer group comparisons from both a business and a financial perspective in support of the risk rating recommendation
Analyze and assess risk management activities related to accounting changes and new regulations
Develop, implement and monitor YMFUS’s credit and servicing policies and procedures for Credit Card and Installment programs
Develop, monitor and publish MIS reports to manage business activities
Apply SAS and database knowledge to evaluate and develop risk management strategies
Evaluate the adequacy of internal processes and reduce all forms of exposure ranging from credit risk, efficiency/cost and regulatory impact
Supports other team members as required
Coordinates and controls dispute management for a dedicated region
Credit Risk Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Risk
List any licenses or certifications required by the position: FRM, CFA, PRM, CCB, SAS, TOGAF, CPA, PMP, CECRL, B2
Education for Credit Risk
Typically a job would require a certain level of education.
Employers hiring for the credit risk job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Accounting, Business, Statistics, Management, Engineering, Mathematics, Business/Administration, Computer Science
Skills for Credit Risk
Desired skills for credit risk include:
SAS
SQL
Accounting
Processes
Microsoft Office products
Word
Excel
Policies
Business
Statistics
Desired experience for credit risk includes:
Lead client engagements in consumer lending and credit risk analysis and management though the entire consumer lending portfolio lifecycle
5+ years of industry experience in financial services using advanced statistical techniques to address client needs
Experience with segmentation, logistic regression, survival analysis, principal component analysis and Monte Carlo simulation
Experience with big data analysis and tools including Hive and Pig on Linux, PC, and mainframe platforms
Typically 7 years of related analytical/Modelingexperience
Strong programming skills (preferable SAS programming knowledge)
Credit Risk Examples
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Credit Risk Job Description
Job Description Example
Our company is hiring for a credit risk. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit risk
- Responsible for developing and optimizing BB lending (product includes term loans, working capital line of credit- secured and unsecured, business credit card, equipment financing, SBA, ) risk strategies and evaluating their performance continuously and make adjustments as needed
- Responsible for supporting business intelligence initiatives in risk reporting and MIS capabilities
- Responsible for delivering a range of training – Induction, New Hire, Push, Up-Skilling and ad hoc training deliverable
- As part of the Global Risk Management team act as the custodian of company’s risk architecture, including risk strategy and governance, and its management within the prescribed policy limits
- Responsible for identifying emerging risk within a global portfolio and integrating related risk strategies
- Assess and prioritize key risk issues and determine appropriate risk escalation
- Your role is mainly responsible for the team management and conducting activities of the credit department comply with regulations and rules internally and externally
- Monitor market trends industry type to assist with portfolio risk management
- To maintain a structured approach by shaping objectives, overall scope, and solution the approach to resourcing, requirements analysis and solution design
- Have knowledge of Credit Risk or Market Risk for traded products (Repo, Rates, FX, Credit, MM and structured products )
Qualifications for credit risk
- Provide credit risk modeling and analysis, business intelligence and big data solutions to financial institution clients
- Masters or PhD degree in a quantitative field such as statistics, economics, mathematics or engineering
- Minimum of 3+ years experience in analytics
- Strong programming skills, preferably in SAS
- The incumbent should posses an understanding of the risk management practices of consumer lenders
- The incumbent should be able to handle projects with a minimum of oversight and supervision and should be able to make contributions to the group's knowledge base by proposing new and valuable ways for approaching problems and projects
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Credit Risk Job Description
Job Description Example
Our company is hiring for a credit risk. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit risk
- Leverage business knowledge and communication skills and utilize MS PowerPoint and research capability to prepare presentations by senior management to internal or external audience
- Knowledge of mathematical and statistical programs such as MatLab and R is a plus
- The position requires detailed credit and financial analysis on commercial businesses
- Job Responsibilities o Perform detailed credit analysis on National and Mid-Market merchant relationships within aggressive time frames
- Prepares underwriting documents for management review on accounts with risk exceeding the standard thresholds
- Will be overall responsible to Day to day operations(incl reporting to Sr
- Job Responsibilities o The position requires detailed credit and financial analysis on commercial businesses
- Lead key risk initiatives like scorecard development, strategy design and adjustments
- Develop, examine and interpret statistical reports
- Predict the future trends from the current developments in the economy and recommend the management accordingly to plan the strategies
Qualifications for credit risk
- Credit management experience in a credit card organization
- Or High School Diploma and 7 years of experience in public accounting or related filed
- Practical experience in the use of statistical packages and/or programming languages
- Delivers all required training to the business area that they support including but not limited to Credit risk New Hire, Push, Up-Skilling etc
- Evaluates the effectiveness of the training delivered
- Provides content updates and modifications
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Credit Risk Job Description
Job Description Example
Our innovative and growing company is hiring for a credit risk. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit risk
- Managing client calls on troubleshooting (with consultants), specific requests, and commercial proposals (with sales)
- Maintain an in-depth understanding of all the components, changes final outputs of entire loss forecasting process
- Assist in internal and external audits and/or regulatory exams
- Communicate and coordinate with various functional areas to gather and verify data and information
- Support senior management on ad-hoc analytical and reporting requests
- Deliver appropriate reports and credit risk recommendations to management
- Decision suspended funding daily within authority to $250,000
- Complete monthly reporting on Timeliness, productivity, and Risk Mitigation Standards
- Support key departmental procedures through the assignment of ownership of specific process or procedures
- Monitor and analyze a daily MIS report to be sure that timeliness and productivity standards are being adhered to
Qualifications for credit risk
- Reviews materials to ensure that they are fully up to date with product changes and customizes appropriately
- Administers tests and evaluates learners performance
- Recommends changes or modifications to training programs
- Works with the team coordinator to ensure that all training is scheduled
- Manages all logistics for training delivery (classroom set up etc)
- Maintains training records and delivers associated reports
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Credit Risk Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of credit risk. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit risk
- Mentor, coach, and develop employees through orientation, training, establishment of objectives, communication of policies and rules, and constructive discipline
- Evaluates the team’s internal processes and procedures for effectiveness, enhancement, and obsolescence
- A university degree in mathematics or economics with a strong focus on statistics/maths
- Experience with SAS is an asset
- Analyze and concur on all reviews completed by staff and give direction on additional work that may be necessary
- Lead a team of 4 high performing credit specialists in a rapidly changing environment including performance management and career development
- Generate and maintain team reporting metrics to show the performance / operational effectiveness of credit risk underwriting and monitoring efforts for use in management reporting
- Maintain, develop, and optimize credit risk rules and eligibility workflows to maximize the efforts of the credit specialist team
- Lead root cause analysis for large loss events to identify further opportunities to predict, prevent, and mitigate credit risk
- Provide vendor management support
Qualifications for credit risk
- Coaches and mentors teammates as required
- Collaborates with local and global training team
- Supports key business initiatives
- Takes calls, works emails, cases as per department on a monthly basis
- Travels to deliver training as required
- Strong database experience including the use of SAS
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Credit Risk Job Description
Job Description Example
Our company is looking for a credit risk. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit risk
- Obtain and interpret specific 3rd party analytical reports detailing the credit worthiness of accounts within the OAI customer base (D&B,Credit Reporting Bureaus, Bank References, Trade References, CMS Financial Data) for the purpose of extending or recommending credit lines within RCF Guidelines
- Process all new OAI credit applications for the establishment of new customer accounts utilizing above outside analytical sources
- Assign and or recommend credit lines within RCF Guidelines.#Interface Collaborate with various groups in both OCA and OAI to coordinate efforts and strategy for the extension of credit within defined portfolios (including but not limited to OA ICredit Collections, OAI Operations, OAI Customer Service)
- Coordinate set up of newly established accounts with OAI Operations and perform initial Due Diligence to validate proper legal names, addresses and other unique identifiers used in reporting
- Conduct analysis on payment trends to supplement customer credit reviews
- In addition, analyze quarterly A/R Allowance for Doubtful Accounts report and coordinate the assignment of Reserve Percentages with OAI Credit Collections
- Maintain customer records and files in accordance with records retention policy and archive information through scanning and or filing of hard copy files
- Participate in intra-divisional meetings to exchange information and gather current information about credit worthiness
- Daily monitoring of departmental faxes, credit inquiries, shared credit department Inbox
- Ensure prompt response to inquiries
Qualifications for credit risk
- Performs duties under limited supervision, applying broad knowledge of credit risk principles, practices and procedures
- 5 to 8 years of working experience with at least 2 years in managerial role
- Experience in Auto, Motorcycle lending or installment industry
- Strong presentation skills and ability to present data to Senior Management
- Strong interpersonal and planning skills, and ability to interact seamlessly with all levels of management (internal and external)
- Experience in Credit Card origination risk and portfolio management area