Credit Risk Analytics Manager-Finance
BankUnited, Florida, NY, United States
The Credit Risk Analytics Manager reports to the Director of ACL and manages the credit risk models used to produce the allowance for credit losses (ACL) and other credit risk estimates. The manager uses quantitative, modeling, communication, and technical reporting skills to oversee third‑party credit risk models and lead rigorous model validations, back testing, monitoring, and governance processes.
ESSENTIAL DUTIES AND RESPONSIBILITIES
SME for Moody's credit risk models CMM, RiskCalc, and MPA, coordinating model releases, inputs, overlays, change logs and stewarding data quality and lineage for production use.
Leads end‑to‑end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain current model inventory and governance.
Maintains and updates comprehensive model documentation (purpose, data lineage, key assumptions, segmentation, limitations, monitoring thresholds) to meet regulatory/audit expectations.
Designs and executes ongoing performance monitoring and back testing, produces concise insights, and recommends remediation or challengers if warranted.
Advances and benchmarks model usage by leveraging internal and external data to improve accuracy and business utility for CECL, attribution, and risk decomposition.
Supports the quarterly CECL production cycle in partnership with the ACL manager.
Builds recurring and ad‑hoc dashboards and reports (Tableau, Excel, PowerPoint, Word) for senior and technical audiences.
Partners with Data/Technology on data quality and controls, metadata/lineage, and fit‑for‑purpose datasets supporting validation and CECL activities.
Adheres to and complies with applicable federal and state laws, regulations, and guidance, including those related to anti‑money laundering (Bank Secrecy Act, US PATRIOT Act, etc.).
Adheres to Bank policies and procedures and completes required training.
Identifies and reports suspicious activity.
SUPERVISORY RESPONSIBILITIES
Supervises function, projects or services and/or one or more employees, as applicable.
Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance, coaching, rewarding and disciplining employees; addressing complaints and resolving problems.
EDUCATION
Bachelor’s Degree in a quantitative discipline (Statistics, Finance, Mathematics, Engineering, Economics) required. Advanced degree (PhD or MSc in a STEM discipline or Economics/Finance) preferred.
EXPERIENCE
5+ years' experience in financial services with significant exposure to credit risk analytics/modeling required.
Deep understanding of credit risk concepts (PD, LGD, and EAD) and credit risk models (PD/LGD, Scorecards, among others) required.
Demonstrated direct experience of model ownership/monitoring, model development, and/or model validation, including concepts such as backtesting, sensitivity testing, and benchmarking required.
Experience with statistical and quantitative modeling techniques is required.
Experience with programming and statistical packages languages, particularly Python, required.
Strong experience building dashboards and structured reporting packages required.
CERTIFICATES, LICENSES, REGISTRATIONS
CFA, PRM, FRM a plus.
KNOWLEDGE, SKILLS, AND ABILITIES
Excellent communication skills with the ability to analyze and explain findings and remediations.
Working knowledge with model risk management regulatory guidance (SR 11‑7, OCC 2011‑12, FDIC FIL‑22‑2017).
Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to an ever‑changing work pace with a focus on accuracy and attention to detail.
Strong interpersonal skills to aid in working with different divisions within the company.
ADDITIONAL INFORMATION
Candidates residing in locations within BankUnited's footprint may be given preference.
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ESSENTIAL DUTIES AND RESPONSIBILITIES
SME for Moody's credit risk models CMM, RiskCalc, and MPA, coordinating model releases, inputs, overlays, change logs and stewarding data quality and lineage for production use.
Leads end‑to‑end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain current model inventory and governance.
Maintains and updates comprehensive model documentation (purpose, data lineage, key assumptions, segmentation, limitations, monitoring thresholds) to meet regulatory/audit expectations.
Designs and executes ongoing performance monitoring and back testing, produces concise insights, and recommends remediation or challengers if warranted.
Advances and benchmarks model usage by leveraging internal and external data to improve accuracy and business utility for CECL, attribution, and risk decomposition.
Supports the quarterly CECL production cycle in partnership with the ACL manager.
Builds recurring and ad‑hoc dashboards and reports (Tableau, Excel, PowerPoint, Word) for senior and technical audiences.
Partners with Data/Technology on data quality and controls, metadata/lineage, and fit‑for‑purpose datasets supporting validation and CECL activities.
Adheres to and complies with applicable federal and state laws, regulations, and guidance, including those related to anti‑money laundering (Bank Secrecy Act, US PATRIOT Act, etc.).
Adheres to Bank policies and procedures and completes required training.
Identifies and reports suspicious activity.
SUPERVISORY RESPONSIBILITIES
Supervises function, projects or services and/or one or more employees, as applicable.
Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance, coaching, rewarding and disciplining employees; addressing complaints and resolving problems.
EDUCATION
Bachelor’s Degree in a quantitative discipline (Statistics, Finance, Mathematics, Engineering, Economics) required. Advanced degree (PhD or MSc in a STEM discipline or Economics/Finance) preferred.
EXPERIENCE
5+ years' experience in financial services with significant exposure to credit risk analytics/modeling required.
Deep understanding of credit risk concepts (PD, LGD, and EAD) and credit risk models (PD/LGD, Scorecards, among others) required.
Demonstrated direct experience of model ownership/monitoring, model development, and/or model validation, including concepts such as backtesting, sensitivity testing, and benchmarking required.
Experience with statistical and quantitative modeling techniques is required.
Experience with programming and statistical packages languages, particularly Python, required.
Strong experience building dashboards and structured reporting packages required.
CERTIFICATES, LICENSES, REGISTRATIONS
CFA, PRM, FRM a plus.
KNOWLEDGE, SKILLS, AND ABILITIES
Excellent communication skills with the ability to analyze and explain findings and remediations.
Working knowledge with model risk management regulatory guidance (SR 11‑7, OCC 2011‑12, FDIC FIL‑22‑2017).
Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to an ever‑changing work pace with a focus on accuracy and attention to detail.
Strong interpersonal skills to aid in working with different divisions within the company.
ADDITIONAL INFORMATION
Candidates residing in locations within BankUnited's footprint may be given preference.
#J-18808-Ljbffr