Manager, Credit Risk & Portfolio Analytics
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Location: Chicago IL (Hybrid)
Employment Type: Full-Time
Our client a large and well-established financial services organization based in Chicago is seeking a Manager Markets Credit to lead credit risk oversight across mortgage-related assets and fixed income investment portfolios.
This role will manage a team responsible for developing and maintaining credit risk models performing scenario analysis and stress testing and monitoring portfolio risk trends. The position will also collaborate closely with cross-functional teams to support investment strategies product development initiatives and regulatory compliance efforts.
The ideal candidate is a strong analytical leader with experience in credit risk modeling mortgage or structured finance exposure and a track record of leading high-performing analytical teams.
Key Responsibilities Credit Risk Oversight-
Oversee the monitoring and analysis of credit risk exposures within mortgage-related and investment portfolios.
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Identify emerging risk trends and provide insights into portfolio performance and risk concentrations.
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Ensure risk management frameworks support sound portfolio management and investment decision-making.
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Lead the development and maintenance of credit risk models including prepayment default and loss forecasting models.
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Manage model assumptions calibration validation support and performance monitoring.
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Conduct model back-testing and benchmarking to evaluate model effectiveness and recommend improvements.
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Design analytical tools and risk frameworks to evaluate credit enhancement adequacy and portfolio resilience.
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Lead scenario analysis and macroeconomic stress testing across mortgage and investment portfolios.
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Evaluate portfolio sensitivity to changing market conditions and economic variables.
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Present findings and recommendations to senior stakeholders.
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Partner with model validation teams internal audit and regulatory stakeholders to ensure models and processes meet governance requirements.
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Support regulatory reporting and model documentation standards.
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Identify opportunities to enhance risk monitoring through advanced analytics automation and improved data infrastructure.
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Lead initiatives that improve analytical efficiency and portfolio risk transparency.
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Lead and develop a team of credit risk analysts and quantitative professionals.
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Provide mentorship performance management and guidance on analytical methodologies.
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Build strong partnerships with internal teams including finance treasury operations legal and risk management.
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Bachelors degree in Mathematics Finance Economics Statistics Computer Science or a related quantitative discipline
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Masters degree preferred
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CFA or FRM designation or candidacy
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5 years of experience in credit risk modeling quantitative analytics or financial risk management
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2 years of people management experience
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Experience working with mortgage assets fixed income securities or structured finance portfolios
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Strong experience developing predictive statistical models and analytical frameworks
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Proficiency with SQL Python or R
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Experience with business intelligence and analytics tools such as Tableau or Alteryx
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Strong data analysis and modeling capabilities
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Familiarity with credit risk management frameworks and model governance
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Experience supporting model validation regulatory reviews or audit processes
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Understanding of mortgage lending underwriting or servicing processes is a plus
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Ability to lead and develop analytical teams
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Strong stakeholder communication and presentation skills
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Ability to translate complex analytical findings into actionable insights for business leaders
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Strong problem-solving and critical thinking skills
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Key Skills
- Adobe Analytics
- Data Analytics
- SQL
- Attribution Modeling
- Power BI
- R
- Regression Analysis
- Data Visualization
- Tableau
- Data Mining
- SAS
- Analytics
