Credit Risk Analytics Specialist II

Berkshire Bank; Boston (MA); On-site; USD 56,000 - 102,000; Full time

Job summary

Beacon Bank in Boston/Albany is seeking a Credit Risk Analyst II to support credit risk monitoring, analysis, and reporting. You will work hands-on with data, systems, and reporting tools to provide timely insights to stakeholders.

Ideal candidates have 2+ years in financial analysis within a financial institution, with strong Excel and SQL, Python or R skills. This exempt role offers growth in a collaborative banking environment.

Qualifications

• Bachelor's degree required. Master's preferred.
• 2+ years of financial analysis or related reporting work at a financial institution; preferably with experience in Credit Risk Management, Credit Administration, Lending, Loan Review, Loan Operations, or other relevant experience.
• Strong Excel skills with proficiency in standard Microsoft Office products.
• Working knowledge of Power BI, Python, R, and/or SQL.

Responsibilities

• Utilizes analytical tools such as Excel, Python, R, and/or SQL to execute and maintain reporting that provides key stakeholders timely and actionable insights on the credit risk in the portfolio.
• Executes established reporting procedures and analytics activities on schedule.
• Ability to provide underlying data and analytical support for key portfolio monitoring programs.
• Ability to assist senior staff in preparation of custom reporting on short timelines.
• Works collaboratively with other teams in Credit Risk Analytics and throughout the bank (e.g., Finance, Commercial Lending, Enterprise Analytics, etc.) as they relate to the Bank's credit risk data.
• Ability to work with senior analysts to identify, research, and resolve any inconsistencies in the Bank's data to support the Bank's Data Governance Program in maintaining a high data quality standard, including working with servicing to process any updates.
• Develops an active knowledge of the Bank's portfolio and credit metrics to identify outliers in data, reports, etc.
• Develops an understanding of SOX and audit requirements around reporting that is used by the Bank to make key decisions and for inclusion in the Bank's financial reporting.
• Assists with new employee onboarding and training.
• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.

Skills

Excel

Python

R

SQL

Power BI

Analytical skills

Communication skills

Credit risk fundamentals

Regulators/auditors experience

FIS loan accounting familiarity

Certifications (RMA/CRC/CIA/PMP/FRM)

Education

Bachelor's degree

Master's degree preferred

Job description

Beacon Bank in Boston/Albany is seeking a Credit Risk Analyst II to support credit risk monitoring, analysis, and reporting. You will work hands-on with data, systems, and reporting tools to provide timely insights to stakeholders.

Ideal candidates have 2+ years in financial analysis within a financial institution, with strong Excel and SQL, Python or R skills. This exempt role offers growth in a collaborative banking environment.