Overview

To provide the Lending Department with optimal, data-driven, analytic capabilities to accomplish the strategic objectives of the organization. Deliver high quality business intelligence that enables the organization to understand underlying risk levels in loan portfolios including responsibilities for the loan loss reserve under CECL. Ensure existence of a comprehensive control environment for data and processes across Lending's credit risk management function. Provide thought leadership to the organization on advanced analytics and partner cross-functionally with internal clients to deliver optimal value through innovative analytic solutions.

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• Provide thought leadership on advanced analytics capabilities and collaborate with enterprise analytic teams to ensure the organization is equipped with the core tools, capabilities and information systems required
• Develop the strategy to implement and maintain quantitative models forecasting risk, portfolio performance, member behavior and related business metrics
• Lead modeling efforts for the Allowance for Credit Losses to ensure that models maintain adequate reserves for future losses and meet methodological and documentation standards set by auditors and examiners
• Work horizontally across Lending and Finance to support capital plan stress testing
• Provide oversight of strategic business development/change projects in the division to ensure the internal control environment is in alignment with risk tolerance and group standards
• Lead the planning, scheduling, budgeting, and resourcing of projects to scope, identify risk exposure and remediation of non-compliance to standards
• Ensure that mathematical and statistical models are sound and satisfy governance requirements from regulatory agencies, Internal Audit and Model Risk Management groups
• Lead change and learning by embracing new, flexible, and agile approaches to improve business performance and efficiency
• Review effectiveness of operational processes, analyze trends, and report on opportunities for improved efficiencies, technologies, and expansion of company growth
• Lead the development of modeling and superior analytic capabilities for converting data into high-impact analytical results to assist business partners monitor and improve performance, optimize risk strategies and credit guidelines relative to established risk tolerance, and balance competing business objectives (e.g., growth, profitability, market share and competitive position)
• Serve as liaison to Navy Federal's external and internal vendors, auditors, and government representatives to improve performance
• Oversee the development and production of reports, projections, and solutions to establish and strengthen system controls, facilitate process management and data reconciliation, optimize methodologies, improve services and products, and estimate return on investments, revenue, and potential growth models
• Involved in driving continuous process improvement to increase member experience quality; reduce losses; minimize financial risk and maintain high operational efficiency
• Provide strategic analysis, recommendations and help influence key decisions by senior department leadership regarding technology and financial market trends, and competitive analysis regarding identification of the department's strengths, weaknesses, opportunities, and threats
• Represent the department as liaison and spokesperson to Navy Federal committees, other departments and senior management regarding division matters
• Ensure compliance with applicable federal and state laws, rules and regulations
• Develop analytic solutions to assess and manage risks associated with Lending business objectives and ensure activities are in alignment with risk tolerance
• Perform supervisory/managerial responsibilities:
• Set direction to ensure goals and objectives align with corporate and division strategy
• Select management and other key personnel; oversee talent development and succession planning
• Collaborate with leadership/executive colleagues to develop and execute corporate initiatives and department strategy
• Oversee the preparation and execution of division's Annual Financial Plan
• Manage merit pay in accordance with specified objectives and guidelines
• Perform other duties as assigned

• Extensive progressively responsible experience in managing a statistical/risk modeling and forecasting operation, preferably in a large financial services organization
• Expert knowledge of applicable federal and state laws, rules and regulations governing consumer lending and risk management
• Expert knowledge of methodologies used to measure, model and simulate credit risk, operational risk, regulatory risk and risk exposure in all relevant lending product types
• Expert knowledge of any of the following: asset/liability management, financial accounting, cost accounting, budgeting principles and practices, statistics, finance, and/or mathematic modeling
• Expert knowledge of mechanics and mathematical calculations that underlie various financial instruments and the implications to business risk and financial performance
• Expert knowledge of advanced analytic techniques used in the financial services industry, specifically in the area of Credit Risk Analytics, Business Intelligence, Data Visualization, Process Simulation and Modeling, etc.
• Expert knowledge of forecasting methodologies and best practices for predicting business trends and providing forecasts that drive business planning and decisions
• Advanced knowledge of banking/financial industry trends, products and services
• Expert knowledge of financial/risk instruments and their impact on the balance sheet
• Extensive experience in managing cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impact
• Extensive experience in delivering presentations to virtual and in person teams
• Expert analytical/quantitative, reconciliation and deductive reasoning skills
• Advanced skill using modeling, forecasting, and data mining systems and applications
• Expert problem solving, collaboration, critical thinking, team building, and presentation skills
• Expert leadership skills, marked by poise, positive influence, and the ability to drive change
• Expert skill to effectively manage a remote distributed workforce across multiple locations and time zones
• Expert skill to execute in a fast paced, high demand, environment while balancing multiple priorities
• Expert skill presenting findings, conclusions, alternatives and information clearly and concisely
• Expert skill in producing desired results and achieving goals and objectives
• Expert skill leading with diplomacy and tact while maintaining appropriate assertiveness and persistence
• Expert skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes
• Expert organizational, planning and time management skills
• Expert skill using Microsoft Office (e.g., Excel, Word, Power Point, etc.)
• Expert verbal, interpersonal, written and presentation skills

• Advanced knowledge of Navy Federal's functions, philosophy, operations and organizational objectives
• PhD in Finance, Statistics, or related field