Umpqua Bank

Credit Risk Analyst. General responsibilities include development, production and maintenance of credit risk models, development of analytical reports and related database infrastructure, and adherence to the Bank's Credit Risk Management policies and regulations.. Implement and run recurring credit risk estimation models for ACL and stress testing purposes for assigned portfolios.. Work with Model Risk Management to ensure models are validated.. Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position.

credit risk analyst

Credit Risk Analyst
Corporate Risk
Tigard,
Oregon
Lake Oswego,
Oregon
Description
About Us:
Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. It's an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Role :
Supports the efforts of Credit Risk Administration in identifying, estimating, and monitoring the Bank's credit risk to maintain sound and effective management of the Bank's credit exposures. General responsibilities include development, production and maintenance of credit risk models, development of analytical reports and related database infrastructure, and adherence to the Bank's Credit Risk Management policies and regulations. This position also provides leadership for other Credit Risk Analysts within the unit and may be the team leader for assigned staff responsible for assigning work and resolving problems.
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Implement and run recurring credit risk estimation models for ACL and stress testing purposes for assigned portfolios. Assess the reasonableness of PD/LGD/EL estimates, complete controls, and deliver results to internal partners in accordance with established requirements.
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Develop and maintain Dual Risk Rating scorecard models for various portfolios including quantitative, qualitative, and combined scoring methodology. Monitor and maintain validity of the Bank's Master Rating Scale.
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Develop and prepare recurring credit stress testing, Dual Risk Rating, and other credit risk reports and dashboards as well as ad hoc credit risk analysis or reports as requested by management. Make recommendations regarding credit risk and policy where appropriate.
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Document applicable components of credit risk model development and implementation in conjunction with model developers and other stakeholders. Work with Model Risk Management to ensure models are validated. Remediate any validation findings as required.
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Implement and perform model monitoring tests and procedures and produce recurring reports evaluating the continued validity of department-owned models. Recommend improvements to owned models as appropriate.
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Design and develop essential database structures necessary to ensure efficient production and facilitate model testing and research. Collaborate with engineers and developers in the technology group where appropriate.
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Develop basic credit risk models and judgmental estimation tools as needed and establish procedures for their operation. Document the same accordingly.
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Determine relevant data quality rules and work with data governance partners to establish appropriates lines of defense. As needed, test and document the quality of data used for department models and processes.
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Coordinate and work in cooperation with various departments and project teams who are stakeholders in the work produced by Credit Risk Administration.
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Present work and/or other job-related subject matter to interested parties, including various departmental personnel and senior management.
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May function as a team leader responsible for assigning work and resolving problems.
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May be asked to coach, mentor and/or train others and teach coursework as a subject matter expert.
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Demonstrate compliance with all bank regulations that apply to your position and keep up to date on regulation changes.
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Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position.
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About You:
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Bachelor's Degree in finance, economics, business, accounting or related field required. Advanced degree and/or related certification in the same is preferred.
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4-7 years of financial or risk-related analytical experience applicable to credit and loan portfolio risk assessment. Must demonstrate a strong knowledge of credit risk.
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Advanced understanding of databases, queries, data integrity issues and related systems. Must demonstrate at least intermediate level skill with writing SQL. Experience with MS SQL Server is a plus.
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Possess functional understanding of statistics and predictive modeling techniques. Experience with credit risk models and/or relevant industry certifications is preferred.
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Proficient with personal computers, MS Office (e.g. Word, Excel, PowerPoint), BI technologies and other business systems. Advanced skill in Excel is required. Experience with PowerBI and R are preferred.
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Ability to review, manipulate and analyze complex data sets.
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Demonstrate excellent written and verbal communication and organizational skills.
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Ability to prioritize and manage multiple tasks successfully, be detail oriented and operate under scheduled deadlines.
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Possess aptitude for learning technical skills and concepts quickly.
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Work Style:
Umpqua Bank offers a Flexible Workplace Program and this opportunity comes with the Flex Office work style which is working in office from a designated company location three days weekly with flexibility to work remotely up to two days weekly.
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $64,947.00-$120,615.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity:
Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]
To Staffing and Recruiting Agencies:
Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team. 
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