Senior Risk Analyst (Mortgage Credit Risk)

Overview

Responsible for supporting the operation of the risk function by evaluating and analyzing risks of varying complexity and for identifying and implementing approaches and solutions to mitigate those risks. Will have primary focus on mortgage credit risk but may also focus on one or more particular types of risk such as financial, or operational risk and may provide advice to management based on this knowledge base. Typically requires an individual a professional qualification in one or more areas of risk management or its equivalent. Work under minimal supervision and use complete understanding of business needs and objectives to support projects that have impact on the achievement of operational goals. Advanced skill set and proficiency with procedures and techniques.

• Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management
• Perform comprehensive reviews of different functional areas across Mortgage Products and Credit Life cycles to assess gaps in policies, procedures and controls.
• Develop comprehensive understanding of NFCU's Business Strategies, Policies, and Procedures across Real Estate Lending products.
• Lead or participate in organization-wide project teams; monitor projects assigned to the department and ensure milestones are completed on schedule.
• Collaborate with, advise, and counsel key stakeholders on complex mortgage credit risk issues; provide guidance and feedback to business units throughout credit risk lifecycles.
• Stay abreast of new and developing risk trends, regulatory expectations, and best practices as they pertain to credit risk issues in Real Estate lending.
• Identifies meaningful insights from large data
• Develop, lead and oversees efforts to improve the efficiency and effectiveness of operations and risk mitigation processes
• Utilize effective written and verbal communication to document and present findings of analyses to a diverse audience of stakeholders
• Exercise sound judgment and discretion within defined procedures and practices
• Transform data into charts, tables, or format that aids effective decision making
• Build working relationships with team members and subject matter experts
• Lead small projects and initiatives

• Extensive experience in building, leading and/or managing a mortgage credit risk, or analytics operation, preferably in a large financial institution
• Extensive knowledge of mortgage underwriting/credit risk processes and interactions between consumer behaviors and macroeconomic environment
• Expertise in assessing first line of defense risk management practices and successfully driving adoption of recommended improvements or enhancements
• Extensive experience in developing strategy and conducting deep dive analytics in consumer/real estate lending space across the credit lifecycle
• Expert knowledge of methodologies used to measure, model, and simulate mortgage credit risk, operational risk, regulatory risk, and risk exposure in relevant lending product types
• Expert skill interpreting and synthesizing large amounts of data and information
• Expert skill in being adaptive/flexible and acquiring, recognizing & applying new information
• Expert verbal, written, interpersonal, and presentation skills
• Extensive experience in demonstrating thought-leadership, initiative taking, decision-making and creativity in solving business problems
• Significant experience managing multiple priorities independently and/or in a team environment to achieve goals.
• Experience with data visualization and associated tools (e.g., Power BI, Tableau, etc.)
• Advanced knowledge of applicable federal and state regulations, company policies, and industry best practices
• Advanced knowledge of operational and regulatory risk control concepts and practices