Senior Credit Risk Analyst

Workers Credit Union; Littleton (MA); Híbrido; USD 95.000 - 119.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Comprehensive medical, dental and vis

Life and AD&D insurance

Paid time off

Volunteer time off

Holidays

401(k) Safe Harbor Match

Tuition Reimbursement

Mental health resources (EAP)

Learning and development programs

Descripción de la vacante

Workers Credit Union in Littleton, MA, is seeking a Senior Credit Risk Analyst to support credit risk management through portfolio analysis, reporting, and policy support. This role partners with lending, finance, risk management, and other areas to identify emerging risks and strengthen risk practices.

The position emphasizes governance, policy development, and cross-functional collaboration, with a hybrid work environment and a compensation range aligned to the Pay Grade Scale.

Formación

• 5-7+ years of related experience within a financial institution, preferably involving lending, credit analysis, loan review, credit risk management, or related lending experience.
• Bachelor's degree in business, finance, economics, accounting, or a related field required.
• Strong analytical and problem-solving skills with the ability to independently analyze and interpret complex financial and credit data.
• Advanced knowledge of lending, credit risk management, loan portfolio analysis, and risk-rating concepts.
• Ability to read, analyze, and interpret applicable laws, regulations, policies, and procedures related to lending and credit risk.
• Detail oriented and highly organized, with the ability to independently manage complex assignments, competing priorities and deadlines.
• Strong written and verbal communication skills, including the ability to prepare clear reports and presentations for Management and committees.
• Ability to influence and collaborate effectively with stakeholders across lending, finance, risk management, and other functional areas.
• Proficiency in Microsoft Office products, particularly Excel.
• Experience with loan analytics, reporting, or credit risk systems is desirable.

Responsabilidades

• Credit Risk Analysis, Monitoring, and Reporting: Conducts ongoing analysis and monitoring of the Credit Union's loan portfolios to identify trends, concentrations, emerging risks, and changes in portfolio performance.
• Monitors credit quality indicators, including delinquencies, charge-offs, risk ratings, policy exceptions, collateral trends, and other credit risk metrics.
• Prepares and analyzes recurring credit risk reports for Management, the Risk Oversight Committee, the Board of Directors, and other appropriate stakeholders.
• Performs credit migration analysis, stress testing, benchmarking, and ad hoc credit risk analysis as requested.
• Provides analysis and recommendations to Management regarding portfolio trends and emerging risks.

Conocimientos

5-7+ years of related experience

Bachelor's degree in business/finance

Strong analytical and problem-solving

Advanced knowledge of lending and risk

Excel proficiency

Educación

Bachelor's degree in business, finance, economics, accounting

Herramientas

Excel

Descripción del empleo

Job Title: Senior Credit Risk Analyst

Department or Branch: Risk Management

Working at Workers Credit Union

At Workers Credit Union, everything starts with a simple but powerful purpose: We enable financial prosperity through values-driven solutions because everyone deserves a future they can believe in.

For more than a century, we've been a trusted partner in helping people make confident financial decisions and build stronger futures. Today, as a $2.5B organization serving over 120,000 members, we continue to evolve, thoughtfully blending personal connection with modern capabilities to better support our members in the moments that matter most.

We call this the Workers Way. It shapes how we show up every day, with personalized guidance, practical solutions, and a deep commitment to doing what's right. Just as importantly, it defines how we work together. We choose purpose over ego. We communicate directly with respect. We dare to grow. We do the right thing, always. And we win together, because meaningful results are built through shared success.

As we look ahead, we're building on a strong foundation and continuing to evolve how we operate and deliver impact, simplifying experiences and strengthening capabilities. We have big plans for the future, and we hope you'll be part of what comes next.

Why this Role Matters

The Senior Credit Risk Analyst is an experienced individual contributor who supports the Credit Union's credit risk management activities through independent loan portfolio analysis and monitoring, credit risk reporting, credit review, and policy and regulatory support. This position identifies emerging credit risks and trends and works collaboratively with lending, finance, risk management, and other areas of the Credit Union to support sound credit risk practices.

What You'll Contribute

Credit Risk Analysis, Monitoring, and Reporting

• Conducts ongoing analysis and monitoring of the Credit Union's loan portfolios to identify trends, concentrations, emerging risks, and changes in portfolio performance.
• Monitors credit quality indicators, including delinquencies, charge-offs, risk ratings, policy exceptions, collateral trends, and other credit risk metrics.
• Prepares and analyzes recurring credit risk reports for Management, the Risk Oversight Committee, the Board of Directors, and other appropriate stakeholders.
• Performs credit migration analysis, stress testing, benchmarking, and ad hoc credit risk analysis as requested.
• Provides analysis and recommendations to Management regarding portfolio trends and emerging risks.

Credit Review and Risk Management

• Monitors and supports the administration and maintenance of the Credit Union's credit risk rating framework.
• Reviews and analyzes risk ratings and other credit-related information, identifying potential concerns for Management's consideration.
• Monitors annual reviews, renewals, and other credit review requirements to support timely completion.
• Supports and coordinates third-party loan review activities, and follows up on findings, recommendations, and management action plans.
• Performs individual credit or loan reviews as appropriate.

Policy, Regulatory, and Governance Support

• Supports the development, maintenance, and periodic review of lending and credit risk policies and procedures.
• Monitors and assists with the analysis and reporting of policy exceptions.
• Maintains awareness of applicable regulatory requirements, industry developments, and credit risk management practices.
• Supports credit-related regulatory examinations, audits, third-party reviews, and requests for information by preparing analysis and documentation as needed.
• Prepares materials and supports credit risk discussions for the Risk Oversight Committee and other appropriate Credit Union committees.

Cross-Functional Collaboration, Process Improvement, and Training

• Collaborates with lending, finance, risk management, and other Credit Union areas on credit risk and portfolio matters.
• Provides credit risk analysis and support for organizational initiatives.
• Identifies and recommends opportunities to improve credit risk monitoring, reporting, documentation, and related processes.
• Serves as a credit risk resource to colleagues and business partners and supports knowledge sharing, training, and communication regarding credit risk practices, policies, and underwriting standards.
• Participates in relevant projects, committees, training, and professional development opportunities.

Other Duties

• Performs additional duties or responsibilities as required, requested, or deemed appropriate.
• May be asked to provide coverage in other WCU departments, functions, or business units as needed.
• Complies with all WCU policies and procedures.
• Contributes to departmental and organizational projects and initiatives as assigned.
• Maintains the confidentiality of all member and credit union information at all times.
• Regularly demonstrate behaviors as defined by the credit union's core values: Choose Purpose Over Ego, Be Direct With Respect, Dare to Grow, Do the Right Thing Always, and Win Together

What You'll Bring

• 5-7+ years of related experience within a financial institution, preferably involving lending, credit analysis, loan review, credit risk management, or related lending experience.
• Bachelor's degree in business, finance, economics, accounting, or a related field required.
• Strong analytical and problem-solving skills with the ability to independently analyze and interpret complex financial and credit data.
• Advanced knowledge of lending, credit risk management, loan portfolio analysis, and risk-rating concepts.
• Ability to read, analyze, and interpret applicable laws, regulations, policies, and procedures related to lending and credit risk.
• Detail oriented and highly organized, with the ability to independently manage complex assignments, competing priorities and deadlines.
• Strong written and verbal communication skills, including the ability to prepare clear reports and presentations for Management and committees.
• Ability to influence and collaborate effectively with stakeholders across lending, finance, risk management, and other functional areas.
• Proficiency in Microsoft Office products, particularly Excel.
• Experience with loan analytics, reporting, or credit risk systems is desirable.

How You'll Work

Hybrid Work Environment: This position offers a hybrid work environment, combining remote work with regular on-site days at the Littleton, MA Headquarters. This work environment is subject to change based on business needs.

Compensation

Pay Grade: 13

FLSA Status: Exempt

Pay Grade Range: $94,822-$118,528

Actual compensation offered may vary from the posted pay grade range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

Total Rewards

• Comprehensive medical, dental and vision plans
• Basic life and AD&D insurance, short-term disability and long-term disability
• 15+ days of paid time off (PTO) per year
• Up to 16 hours of volunteer time off (VTO) per year
• 11+ paid holidays
• 401(k) that includes a Safe Harbor Match of up to 4%.
• Tuition Reimbursement Program
• Mental health resources including an Employee Assistance Program (EAP)
• Individualized learning and development programs

Our Commitment to Inclusion

Workers Credit Union is an equal opportunity employer committed to creating an inclusive environment where all individuals feel respected, valued, and supported. We believe that diverse perspectives strengthen our organization and enhance our ability to serve our members and communities.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability, or any other protected characteristic under applicable law.