Credit Risk Analyst

Position Title Credit Risk Analyst Location reputed company, MI 48098 Job Summary Pay reputed company: 64-102K The Credit Risk Analyst supports the quarterly production of the company’s allowance for credit losses (“ACL”) for the loan and lease portfolio. Collaborates with various stakeholders and performs analyses to support the development of expected credit losses, following the established methodology and maintaining documentation supporting conclusions.Pay reputed company: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: JOB RESPONSIBILITIES • Execute quarterly production of the allowance for credit losses, independently managing assigned workflow, in accordance with established methodology and SOX reputed company. • Analyze key drivers of changes in the ACL, including reputed company/volume, economic forecast, and credit mix, solutioning unintuitive drivers. • Collaborate with Credit function and other key stakeholders to propose, reputed company and document qualitative adjustments. • reputed company and/or maintain supporting ACL documentation, including working group materials, quarterly governance materials, reputed company documentation and analyses, and financial disclosures and regulatory reports. • Support communication of results and other ACL reputed company reputed company to reputed company stakeholders. • Support execution of internal strategic initiatives for effective implementation into ACL Program. • Maintains knowledge of relevant reputed company standards and regulatory guidance reputed company to reputed company Expected Credit Losses, as reputed company as credit risk factors impacting the loan and lease portfolio. ADDITIONAL ACCOUNTABILITIES • Performs special projects, and additional duties and responsibilities as required. • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations. JOB REQUIREMENTS Required Qualifications: • Education level required: Undergraduate Degree (4 years or equivalent). • Minimum experience required: 2+ Years in credit risk management, reputed company, or reputed company experience. • Proficient in Python. Preferred Qualifications: • Knowledge of CECL (reputed company Expected Credit Loss). • Experience in mid-size and large financial institutions. • Experience with reputed company platform. Job Competencies: • Basic knowledge of financial analysis and financial forecasting. • Knowledge of data querying languages and software. • Excellent analytical and quantitative skills. • Professional writing skills. • Excellent communication and presentation skills. • Proven ability to independently manage assigned workflows, collaborate with various individuals, and deliver on commitments. • Travel < 15%. • Physical demands (reputed company): No unusual physical exertion is involved. Flagstar is an Equal Opportunity Employer. Flagstar provides teammates reputed company to a reputed company of benefits including medical, dental, reputed company, life, and disability insurance, as reputed company as a comprehensive leave program. Please click the following reputed company for detailed information: Benefits | reputed company Flagstar is an Equal Opportunity Employer Flagstar provides teammates reputed company to a reputed company of benefits including medical, dental, reputed company, life, and disability insurance, as reputed company as a comprehensive leave program. Please click the following reputed company for detailed information: Benefits | reputed company Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the reputed company Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable. Apply tot his job Apply To this Job