Overview
This role involves serving as a Portfolio Analyst at a remote-first financial institution that operates across all 50 states. The position focuses on credit risk and enterprise risk analytics to influence lending strategy, portfolio performance, and risk governance. The analyst will provide advanced portfolio analysis, forecasting, and early warning indicators to identify emerging risks and optimize loan performance across various products and segments.
Responsibilities
Portfolio Analytics & Monitoring
- Analyze delinquency, charge-offs, loss trends, and concentration across lending portfolios, including detailed reviews based on collateral type, geography, product, and borrower characteristics.
- Monitor portfolio performance against risk appetite, forecasts, and budget.
- Identify and escalate emerging risk trends and behavioral shifts in delinquency, charge-offs, concentrations, underwriting standards, policy exceptions, and overall loan portfolio performance.
- Conduct quantitative and qualitative analysis to support risk-related decision-making, including new lending programs.
Reporting & Executive Insights
- Develop and maintain comprehensive risk dashboards, heatmaps, early warning indicator metrics, and recurring performance reports.
- Translate data into clear, actionable insights and recommendations for Enterprise Risk or Credit Risk leadership.
- Support business unit partners and management with ad hoc reports.
- Assist with executive and board-level reporting on recoveries, risk exposure, and trends.
Forecasting & Scenario Analysis
- Develop proactive analysis and modeling including stress tests, static pool analysis, scenario analysis, and drill-down reporting.
- Model the impact of strategy changes, policy shifts, or economic conditions on loan portfolios.
- Collaborate with Finance on budget planning and variance analysis.
Governance, Compliance & Data Integrity
- Ensure reporting accuracy and data integrity across systems.
- Support audits, exams, and model validation requests.
- Maintain documentation for assumptions, methodologies, and metrics.
- Manage and maintain the loan analytics platform (nCino), including data integrity and system optimization.
- Ensure compliance with policies, procedures, and regulatory requirements related to risk management.
- Assist in maintaining and updating risk management and lending policies, procedures, and job aids.
- Support facilitation of Enterprise/Credit Risk Committee meetings, including agenda preparation, reporting, and documentation.
Cross-Functional Collaboration
- Partner with business units including Collections/Recovery, Institutional, Direct and Indirect Lending, Loan Operations, Vendor Management, Compliance, Finance, Data, and IT.
- Support evaluation, maintenance, and development of third-party vendor relationships.
- Contribute to test-and-learn initiatives and continuous improvement efforts.
Requirements
- This is a remote position.
- Bachelor's degree or equivalent experience is required.
- Minimum of 3 years’ experience in credit risk, portfolio risk, or financial services analytics.
- Prior experience in consumer loan underwriting, operations, or processing within a bank or credit union.
- Proficiency with SQL, Tableau, Power BI, Looker, nCino, or similar business intelligence tools.
- Advanced skills in Microsoft Office Suite, especially Excel and PowerPoint.
Compensation & Benefits
- 25 days of paid time off and 10 paid holidays.
- 16 hours of paid Volunteer Time Off.
- 401(k) retirement plan with up to 6% employer match.
- Health, dental, and vision insurance with multiple plan options.
- Health Savings Account with generous employer contributions.
- Employer-paid life insurance, short-term and long-term disability coverage.
- Tuition reimbursement ranging from $4,000 to $7,000 per calendar year.
- Annual professional development stipend and robust learning and development programs.
Location
- Remote position with the majority of employees residing in the upper Midwest.
Equal Opportunity
This employer is an Equal Opportunity Employer/Disabled/Veterans compliant with 41 CFR 60–1.4 and 41 CFR 60-1.35.