Statistical Data Analyst

SchoolsFirst Federal Credit Union; Aliso Viejo (CA); On-site; USD 78,000 - 118,000; Full time

Job summary

SchoolsFirst FCU seeks a Statistical Data Analyst in California to develop, maintain, and execute statistical models using SAS or equivalent systems, and report findings to management for stress testing and budgeting purposes.

You will update models to forecast credit losses, validate data quality, and communicate results to model owners and stakeholders. A Bachelor's degree plus 1–3 years of experience is typical for this role.

Qualifications

• High School Diploma or GED; Bachelor's degree in related field or equivalent experience; Master's degree preferred.
• 1–3 years of prior relevant experience.

Responsibilities

• Develop, maintain, and execute statistical models in SAS or comparable system; revise models and document analyses.
• Update and evaluate models to forecast credit losses and other measures using SAS or similar systems; incorporate macroeconomic projections.
• Analyze models, validate assumptions, and present findings to management for stress testing, capital planning, and CECL requirements.
• Perform data quality checks and maintain data integrity across modeling and reporting processes.
• Collaborate with senior analysts and stakeholders to understand project requirements and deliverables.

Skills

Statistical methods

Coding languages

Data analysis

Communication

Education

Bachelor's degree

Master's degree preferred

Tools

SAS

R

Python

MATLAB

SQL

Excel

Job description

Statistical Data Analyst

We’re always looking for diverse, talented, service-oriented people to join our exceptional team.

Statistical Data Analyst

The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity. Pay Range: $78,419.00 - $117,628.00 Scheduled Weekly Hours: 40

What You’ll Be Doing

Assists in the development, maintenance, and execution of statistical models in SAS or comparable system, recommending revisions and improvements to existing statistical models, conducting and documenting detailed analysis, and reporting various findings to management as required for stress testing purposes, capital planning, and budgeting purposes.

Updates, maintains, and evaluates existing statistical and predictive models to identify historical trends and forecast future performance of credit losses, loan originations, pre provision net revenue and other related measures using SAS or comparable system, based upon projections of macroeconomic variables from the Federal Reserve and internally developed business assumptions as required by NCUA for capital planning, stress testing, budgeting, and CECL requirements.

Analyzes existing models, challenges their assumptions, evaluates their performance and robustness effectively, writes comprehensive code, reporting, and validation documents, and presents findings to management.

Performs and documents quantitative assessments of all aspects of models including theoretical aspects, model design and implementation, data integrity, and reliability.

Keeps up-to-date with industry best practices and emerging trends in statistical analysis and modeling and applies those methods in day-to-day activities.

Assists in the creation of reports and presentations to communicate findings to model owners and other key stakeholders.

Ensures the accuracy and reliability of data used in the model building and projection processes by performing established data checks and validations.

Communicates data quality concerns with more senior analysts and/or management to determine ways to address concerns.

Applies statistical techniques to analyze data, forecast, interpret, and quantifies trends on various aspects of information using processes already in place.

Updates and aids in the development of various risk and regulatory reporting, including the development of stress testing schedules and capital plan reports, presentations, and written narratives as part of the Credit Union’s annual capital plan submission.

Works closely with senior analysts and other team members throughout the Credit Union to understand project requirements, data needs, and deliverables.

Additional Job Functions

Performs other duties as assigned. Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions.

Qualifications

High School Diploma or GED required. Bachelor's Degree in a related field or equivalent years of experience required. Master's Degree preferred. 1-3 years of prior relevant experience required.

Knowledge, Skills, and Abilities

• Understanding of statistical methods, probability theory, data cleaning/imputation, and advanced statistical and quantitative analysis required.
• Knowledge of a coding based statistical language required, such as SAS, R, Python, Matlab, etc.
• Knowledge of SAS preferred.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong analytical and problem-solving abilities, effective communication and writing skills, and willingness to learn and adapt to new processes.
• Data management and data mining skills, specifically with experience using SQL coding preferred.

SchoolsFirst FCU is committed to Diverse, Equitable, and Inclusive Hiring

At SchoolsFirst FCU we are dedicated to building and growing a diverse, inclusive, and authentic Dream Team, so if you’re excited about a position or wanting to make a career change but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. Many skills are transferrable and you may be just the right candidate for the position, or for other roles we are working on.

SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion.

SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information. This organization participates in E-Verify.

We're passionate about living our mission of providing Members with World-Class Personal Service and financial security. There's a reason we love coming to work every day. We have the privilege of serving those who build the future: school employees, and the families who make their work possible. Our success is built on our relationships with each other, our Members and the community. We value teamwork and face-to-face interactions and believe we’re at our best when we’re collaborating in-person. We also know the flexibility to work remotely benefits the wellbeing of our team.

View the work location information below on the job listing that interests you. 100% on-site, 0% remote. Including those serving Members in-person at our branches. Three days a week in the office and up to two days remote. Hybrid teams coordinate on-site days to collaborate in-person. Up to 100% remote. Select individual contributor roles may be given the option to work fully remote.