Credit Risk Modeling Manager

Are you interested in working for a purpose-driven organization that is owned by, and accountable to, its members—not its shareholders? Where you can collaborate with teams that help deliver products and services to over 1.3 million members? Then read on—BECU might just be the right fit for you. BECU is a national leader among financial institutions. With over $29 billion in assets, we’re among the largest credit unions in the nation. We’ve been in business for over 86 years, serving the financial well-being of our community and helping our members achieve life-long financial goals. Here’s what else sets us apart: Our members-first ethos. Unique benefits, perks and workplace culture. Philanthropy and community involvement. Remote, flexible and hybrid work opportunities. To learn more visit becu.org/careers. SUMMARY The Credit Risk Modeling Manager is responsible for the development and management of statistically derived credit risk modeling for loan or deposit originations strategies, account management strategies, collections strategies, and loan loss forecasting, capital plans and stress testing. The Credit Risk Modeling Manager will apply statistical theory to large data sets and implement credit risk models independently and through collaboration with stakeholders throughout the Credit Union. RESPONSIBILITIES Perform all responsibilities in accordance with BECU Competencies, compliance, regulatory, and Information Protection requirements. Work hands-on in development, re-development and calibration of statistical risk models using statistical analytical packages; including but not limited to, credit decision scorecards, Basel IRB – PD, LGD, EAD, Stress Testing, IFRS 9/CECL Models – steps, etc. Gather and evaluate data for reliability and usability and research and apply data treatment methods. Manage data needs and systems testing to implement models. Evaluate model performance of existing models using statistics techniques as part of the annual review process. Research statistical methods and apply enhancements to existing suite of models to improve accuracy. The following types of models for all loan types are in scope: Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), and loan loss forecast. Collaborate with business partners and product management to help them understand results from models and whether statistical methods and models are appropriate to provide insight to questions of interest. Provide value-added solutions for the enhancement of risk-return trade-off using statistical analytical packages requiring mastery of SAS, SQL programming languages. Establish and maintain risk modeling procedures to ensure consistency of application across use cases. Provide analytic and support for BECU’s credit risk modeling in areas such as: quantifying credit risk appetite and tolerance relative to garget capitalization levels, portfolio mix, and targeted loss levels. Maintain and apply technical knowledge relating to loan portfolio trends and composition, while managing data requests and systems testing process to analyze and present model outputs. Develop and maintain model documentation, change control documentation, and strategy validation documentation and present to technical and non-technical stakeholders Perform other duties as assigned. QUALIFICATIONS Bachelor’s degree in quantitative discipline such as statistics, math, finance, required. Master’s degree preferred. Minimum seven years of functional experience in credit risk modeling or similarly quantitative field required. Credit Risk modeling experience in one or more of real estate secured loan products (i.e., mortgage, home equity), auto, credit card and commercial loan products preferred. Excellent analytical and problem-solving skills required. Proficient working with statistical analytical packages such as SAS, SPSS, Stata and/or R, and SQL preferred. Excellent PC skills, with the ability to learn new software and systems required. Excellent verbal and written communication skills to effectively communicate required. Demonstrated ability to work independently and as a team member while using discretion in decision making and sound judgment in problem solving required. Demonstrated Ability to interact with management officials at all levels, as well as other risk and model management personnel required. Full time hours required with additional hours as necessary to accomplish objectives, goals, and projects. EEO Statement: BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.