Senior Portfolio Risk Analyst - Consumer Lending

Watercressgroup; West Des Moines (IA); On-site; USD 70,000 - 110,000; Full time

Job summary

Watercress Financial, a nationwide home improvement lender, seeks a Portfolio Risk Analyst to monitor and optimize consumer loan portfolio performance. You will develop and implement risk strategies, analyze delinquency, cure rates, and charge-offs within the company’s risk appetite.

You will work in a fast-paced, entrepreneurial environment focusing on development, testing, and implementation of new or enhanced strategies to improve loan portfolio performance and profitability.

Qualifications

• 4yr degree Finance, Accounting, Engineering, Actuarial, Com-Sci or other analytical field (Associates Degree with commensurate experience also considered)
• Two or more years in a consumer lending portfolio management, FP&A, risk, data analysis/modeling or similar role
• Confident working independently, detail oriented
• Strong working knowledge of credit bureau data, consumer loan portfolio, loan repayment and delinquency behavior

Responsibilities

• Create and maintain monitoring reporting for consumer loan portfolio performance.
• Provide analysis and back-testing to minimize delinquency and charge off, while optimizing loan approval, look-to-book rates, and repayment rates.
• Detect emerging credit risk trends in the economy, market or portfolio, and provide strategic recommendation to reduce credit risk or optimize profitability.
• Provide transparent, defensible reporting to executive leadership and risk committees.
• Create, maintain and enhance: loan loss forecasting, prepayment models, roll rate analysis, transition rate analysis.

Skills

Loan risk analytics

Credit risk knowledge

Financial analysis

Education

Bachelor's degree in Finance, Accounting, Engineering, Actuarial, CS

Tools

Excel

Power BI

Power Query

Power Pivot

Power Automate

SQL

Job description

Watercress Financial, a nationwide home improvement lender, seeks a Portfolio Risk Analyst to monitor and optimize consumer loan portfolio performance. You will develop and implement risk strategies, analyze delinquency, cure rates, and charge-offs within the company’s risk appetite.

You will work in a fast-paced, entrepreneurial environment focusing on development, testing, and implementation of new or enhanced strategies to improve loan portfolio performance and profitability.