Senior Credit Loss Forecasting Analyst

capitalone; McLean (VA); On-site; USD 111,000 - 127,000; Full time

Job summary

Capital One is seeking a Senior Business Analyst in Credit Loss Forecasting to review and challenge forecast models across lines of business. You will influence quarterly allowances and annual stress testing with rigorous analysis and strategic thinking.

In this role you will partner with Capital One Credit Risk Management, Finance, and other teams to develop robust loss frameworks, perform pressure tests, and communicate findings clearly to senior stakeholders.

Qualifications

• 2+ years of professional experience performing analysis.
• Bachelor's or Master's in a quantitative field by start date.
• Proficiency in financial analysis and risk forecasting.
• Strong communication and collaboration skills.

Responsibilities

• Identify explicit and implicit assumptions, limitations and weaknesses of credit loss estimation frameworks and raise conceptual or tactical challenges to pressure test the appropriateness of the loss projections.
• Support step-change improvements in credit loss estimation frameworks by connecting drivers of future consumer credit trends to historical behavior, creating risk models, and testing hypotheses using rigorous monitoring and analysis.
• Help to develop, enhance and implement sustainable processes to identify, communicate, and document challenges to the loss estimation approaches and their resolution.
• Work closely with colleagues across Capital One Credit Risk Management, Finance and other teams to drive effective oversight of loss forecasts.
• A proven track record of problem solving based on analytics and strong quantitative orientation.
• Be able to prioritize among competing priorities while bringing a healthy, diligent, yet empathetic approach to the oversight function.

Skills

Analytical thinking

Strategic thinking

Quantitative skills

Communication skills

Leadership

Problem solving

Education

Bachelor's in quantitative field

Master's in quantitative field

MBA with quantitative concentration

Tools

SQL

Job description

Capital One is seeking a Senior Business Analyst in Credit Loss Forecasting to review and challenge forecast models across lines of business. You will influence quarterly allowances and annual stress testing with rigorous analysis and strategic thinking.

In this role you will partner with Capital One Credit Risk Management, Finance, and other teams to develop robust loss frameworks, perform pressure tests, and communicate findings clearly to senior stakeholders.