Senior Credit Risk Modeling Analyst

BECU; Virginia (IL); On-site; USD 129,000 - 158,000; Full time

Benefits offered by this job

401(k) Company Match (up to 3%)

4% annual 401(k) contribution

Medical, Dental and Vision

PTO and Exchange Program

Tuition Reimbursement

Volunteer time off + donation match

Job summary

BECU is seeking a Sr Statistical Modeling Analyst to develop and manage statistically driven credit risk models used for loan originations, portfolio management, and stress testing. You will lead model development independently and with stakeholders across the credit union.

The role requires advanced quantitative skills, experience with PD/LGD/EAD models, and collaboration with business partners to translate insights into strategy. Join a purpose-driven team focused on people helping people.

Qualifications

• Master’s degree in a quantitative discipline (statistics, math, finance, economics) required.
• Minimum 3 years of statistical modeling experience including credit risk modeling (PD, LGD, EAD).
• Knowledge of logistic regression, survival analysis, Markov chain analysis and time series methodologies.
• Proficiency with AI/ML tools; experience with SAS, Python, SQL and R.
• Experience with CCAR, DFAST or Basel regulatory capital frameworks preferred.

Responsibilities

• Develop, recalibrate, and validate statistical models for credit risk use cases such as originations, forecasting, and stress testing.
• Collaborate with partners to interpret model results and inform strategy and risk decisions.
• Lead modeling lifecycle tasks including data requests, documentation, and change control.
• Prepare regular modeling reports on impacts to originations, servicing, collections, and capital planning.
• Assist in annual model reviews and performance testing.

Skills

Statistical modeling

Logistic regression

Survival analysis

Markov chain analysis

Time series

AI/ML

SAS

Python

SQL

R

Education

Master’s degree in statistics, math, finance, or economics

Tools

SAS

Python

SQL

R

Job description

BECU is seeking a Sr Statistical Modeling Analyst to develop and manage statistically driven credit risk models used for loan originations, portfolio management, and stress testing. You will lead model development independently and with stakeholders across the credit union.

The role requires advanced quantitative skills, experience with PD/LGD/EAD models, and collaboration with business partners to translate insights into strategy. Join a purpose-driven team focused on people helping people.