Financial Modeling Analyst I
Job Location:
Raleigh, WV - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
If you are motivated and believe in the credit union philosophy of People Helping People join our team!
Position Overview:
This position will support the development monitoring and testing of quantitative models to support SECUs Capital Planning Stress Testing and CECL efforts. This position supports executive decision making with regard to scenario analysis risk appetite and loan-loss allowance. This position informs management of trends within the economy and SECUs balance sheet.
Essential Responsibilities:
- (30%) Assist with the maintenance of existing quantitative analysis credit loss forecasting models and behavior modeling for loan and deposit products.
- (30%) Lead in the development documentation review backtesting and approval of new models.
- (20%) Assist with capital planning and analysis to support growth projections and scenario design.
- (20%) Assist with implementation performance monitoring and ad hoc analysis to support credit loss forecasting.
Required Education & Experience (Knowledge Skills & Abilities):
- This position requires a four-year degree in Finance Mathematics Economics or a related quantitative field of study.
- 2 years of progressive experience in financial services industry in risk management or finance or an advanced degree in a quantitative field of study
- Strong understanding of financial markets interest rates and potential impact of current economic activities and political events. Strong understanding of financial statements forecasting and performance metrics.
- Proven ability to condense highly technical subject matter into clear and effective communications to senior management.
- Proficient with statistical software programming tools such as R Python SAS.
Preferred Education & Experience (Knowledge Skills & Abilities):
- Advanced degree in Finance Mathematics Economics or a related quantitative field of study.
Job Environment & Physical Requirements:
- Hybrid work schedule
SECU provides equal employment opportunity to all qualified persons regardless of race color religion age sex sexual orientation gender identity national origin genetic information disability veteran status or other classification protected by law.
Disclaimer
State Employees Credit Union reserves the right to fill this role at a higher/lower level based on business need.
Required Experience:
IC
About Company
As the second largest credit union in the United States, we provide financial tools, services, and community support to more than 2.8 million members.
