Sr Analyst Consumer Loan Policy & Risk Analytics
US-VA-McLean
Careers (External)
Req #: 10896
Type: Full-Time
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Overview: Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members "do better." Joining PenFed is more than being an employee; it's about being a part of the PenFed family. PenFed is hiring a (Hybrid) Sr Analyst Consumer Loan Policy & Risk Analytics at our Tysons, Virginia location. In this role, you'll support the execution of our credit strategy for Consumer Loans, helping to drive sustainable growth through data-driven decision-making. You'll play a key part in implementing acquisition credit policies, conducting risk and profitability analyses, and collaborating to enhance our credit risk framework. Responsibilities: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. * Assist in the development and implementation of credit policies that support growth while managing risk, aligning with PenFed's strategic objectives. * Conduct ongoing credit risk assessments and support profitability analysis to drive data-backed decisions across the Consumer Loan portfolio. * Work closely with product, compliance, operations, risk, and data science teams to align on initiatives and support PenFed's goals. * Contribute to team goals and support the growth of analysts through collaboration, mentorship, and a commitment to continuous improvement. * Assist in implementing credit policies and underwriting criteria for new consumer loan acquisitions, including supporting approve/decline criteria, loan assignments, income verification, and decisioning. * Support the development and application of risk tolerance limits and decision constraints to align with established credit policies and strategies. * Maintain, monitor and support the evolution of the NPV models. * Collaborate with product owners to execute targeted credit strategies that support business growth and align with established credit guidelines. * Conduct ongoing credit quality monitoring and performance analysis to support risk mitigation and portfolio health for consumer loans. * Prepare and contribute to reports on credit risk, emerging trends, and portfolio performance for management, providing data-driven insights on loan loss allowances. * Utilize bureau sandbox data to assist in refining credit strategies and supporting policy enhancements. * Partner with other teams to support risk segmentation and loss expectations that inform risk-adjusted pricing, aligning with overarching risk management frameworks. * Assist in monitoring and analyzing economic and regulatory changes that may impact credit risk and pricing strategy. * Collaborate with teams across Decision Science, Product, Compliance, Operations, and Finance to support profitable growth initiatives, minimizing credit exposure in line with established policies. * Participate in internal audits and regulatory reviews, providing necessary documentation and insights as needed. * Contribute to ad-hoc analyses and projects to support risk management decisions, enhance efficiencies, and improve member experience. Qualifications: Equivalent combination of education and experience is considered. * Bachelor's degree in business, Economics, Engineering, Quantitative Discipline or Equivalent, Finance is required. MBA or master's degree in a related field is preferred. * Minimum of five (5) years' experience in credit risk policy & analysis, credit risk management or modeling in financial services industry. * Excellent written, verbal communication and presentation skills. * Ability to work effectively in ambiguous situations, ability to prioritize among multiple projects. * Strong skills in various data analysis and visualization tools including SQL, Excel, and PowerPoint are required. Tableau experience preferred. * Proficiency with statistical tools (Python) is strongly preferred. * Curiosity, attention to details, strong critical thinking and problem-solving skills. * Experience with Direct Auto and/or Personal Loan lending is strongly preferred. * Self-motivated and strong interpersonal skills to actively lead and implement ideas in a cross-functional team environment. Supervisory Responsibility This position will not supervise employees. Licenses and Certifications There are no additional certifications required. Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. *Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.* Travel Limited travel to various worksites is not required.
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