Risk Analyst in Greenville, SC at MDI Group

Date Posted: 8/21/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    At least 5 year(s)
  • Date Posted:
    8/21/2019

Job Description


Financial Risk Analyst 
Greenville, SC
Direct Hire 

This position will primarily support risk management in the CECL reserve estimation process, operation of relevant systems, data administration and related reporting. Other responsibilities will include participation in model development, data analytics, financial & risk reporting. This person will have general credit and analytical experience with particular technical skills, strong communication abilities and a collaborative approach to work. 

JOB REQUIREMENTS:   

  • Bachelor’s degree required, Graduate a plus in accounting, finance, economics, computer science or a related field 
  • 5+ years’ experience with the credit modeling and parameter development. Experience with Allowance for Loan and Lease Losses methodologies and process, including credit forecasting and modeling under various methodologies (migrations, roll rates, vintage, regression, discounted cash flow).  
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy. Experience in data mining, analytics and reporting, including knowledge of portfolio segmentation techniques is desired. 
  • Experience with lifetime loan loss calculations and the utilization of macroeconomic variables in models is desired. 
  • Strong understanding of US economic environment, common macro-economic indicators and correlations to credit performance 
  • Experience with lending and bank loan accounting systems. Knowledge of general credit administration activities and credit analysis experience are a plus. 
  • Familiarity with financial statements and understanding of US accounting and regulatory standards related to the Allowance for Loan and Lease Losses (ALLL) / Allowance for Credit Losses (ACL) 
  • Experience in risk management, credit underwriting, or credit reporting 
  • Technical proficiency with SQL, Tableau visualization (or other similar tools). Experience with data processes and analytics desired. General proficiency in Microsoft office, including Excel, PowerPoint, Word & Visio.  
  • Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.   

JOB FUNCTIONS:  

  • Responsible for coordinating, calculating, and documenting the bank’s ongoing CECL (ALLL) reserve estimates and ensuring that appropriate supporting materials are available for review by internal and external audiences 
  • Develop and maintain procedural documentation including SOX controls and process flows 
  • Establish and maintain quality reviews and analyses to assess the reasonability of impairment/reserve calculations. Provide attribution analysis over periods and methodology changes. 
  • Ensure accuracy and data integrity within the process. 
  • Participate in periodic forecast (Budget) for the ALLL under CECL 
  • May serve on related working groups and committees 
  • Participates in the team's preparation and involvement in regulatory examinations and audits 
  • Assist in monitoring industry best practices (regulatory, accounting & technology) and recommend changes to management. 
  • Develop and maintain analytics utilized within various functions (allowance, stress testing, ad hoc) 
  • Develop systems and procedures as needed for new and existing projects.  
  • Produce ongoing reporting as assigned or needed  

A GREAT PLACE FOR GREAT PEOPLE TO WORK

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