Loss Forecasting Manager

Smart IT Frame LLC; Wilmington (DE); On-site; USD 70,000 - 90,000; Full time

Job summary

A financial services consultancy in Wilmington, DE seeks a skilled Analyst to manage a small team and deliver clear insights on credit policy integration. The role involves coding, Excel modeling, and preparing executive presentations. Candidates must exhibit strong analytical skills, experience with credit risk, and the ability to articulate complex concepts to senior stakeholders. The position requires in-office work for at least 4 days a week.

Qualifications

• Ability to deliver concise summaries for senior stakeholders.
• Consulting-style articulation is essential for distilling complex situations.
• Skilled in synthesizing key insights into presentations.
• Understanding of credit policy integration and its effects.

Responsibilities

• Manage engagement with a team of 4-5 members.
• Handle coding, Excel modeling, and presentation preparation.
• Work closely with various credit models.
• Conduct variance analysis against forecasts.

Skills

Analytical skills

Credit policy integration

Presentation skills

Coding

Excel modeling

Stochastic modeling

Variance analysis

Job description

• Ability to deliver clear, structured, and concise summaries of complex situations for senior stakeholders
• Consulting-style articulation is essential – distilling what happened, why it matters, and what actions are recommended
• Strong emphasis on credit policy integration, ensuring recommendations align with established frameworks.
• Skilled in synthesizing key insights into crisp narratives and executive-ready presentations
• Credit Policy Integration: Translate credit policy decisions into portfolio forecasts
• Should be conversant with maturation, impact of policy change on loss trajectory
• Variance Analysis: Project and track actuals, explaining variances against the forecast including underlying drivers of change
• Model Incorporation: Work with a range of models, including vintage-driven, stochastic and challenger orthogonal models

Role breakdown

• Manages the overall engagement with team of 4-5 members
• Expected to be 50% individual contributor, handling coding, Excel modeling and deck preparation
• Strong proficiency in vintage models, roll rate models, and stochastic time series models
• Must work in office atleast 4 days a week – Wilmington, DE preferred, NYC alternate
• US credit cards experience in credit risk