What are the responsibilities and job description for the ACL Analyst position at Enterprise Bank & Trust?
Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.
With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.
Together, there’s no stopping you!
Job Title
ACL Analyst
Summary
Job Description:
Compiles and analyzes portfolio loan data and builds risk models to reduce operating losses and maintain protection of the Bank’s assets. Monitors quality of loan portfolio data to ensure Bank Management can make informed decisions, and performs data analysis and modeling including credit monitoring, loan portfolio stress testing and calculation of the Allowance for Credit Losses.
Essential Duties & Responsibilities
Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at hr@enterprisebank.com.
Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please download the Equal Employment Opportunity is the Law poster HERE.
With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.
Together, there’s no stopping you!
Job Title
ACL Analyst
Summary
Job Description:
Compiles and analyzes portfolio loan data and builds risk models to reduce operating losses and maintain protection of the Bank’s assets. Monitors quality of loan portfolio data to ensure Bank Management can make informed decisions, and performs data analysis and modeling including credit monitoring, loan portfolio stress testing and calculation of the Allowance for Credit Losses.
Essential Duties & Responsibilities
- Assists with managing Allowance for Credit Losses (ACL) model under the Current Expected Credit Loss (CECL) accounting and regulatory guidance, including ongoing development, implementation, validation and decision-making.
- Executes the calculation of the monthly ACL calculation, including various scenarios for testing purposes.
- Assists in validation of model results, interprets results, and documents model changes and results and various assumptions
- Provides support for communication of the ACL model results to the ACL committee, internal audit, model risk management, external auditors, model validators and regulatory examiners.
- Suggests and identifies various economic conditions to be utilized in the ACLmodel.
- Designs and implements processes and procedures to maintain the ACL modeland ensure data integrity and detailed completion of tasks
- Investigates and resolves data integrity issues impacting the ACL.
- Compiles and analyzes loan portfolio data and builds credit risk models to reduce operating losses and protect company assets.
- Supports special projects as necessary to support overall Bank objectives.
- Performs ad hoc reporting for senior management and other business units as needed.
- May assist with stress test and sensitivity analysis of the Banks’ loan portfolio
- Performs other duties as required.
- Strong knowledge in CECL guidance and methodology
- Solid organizational skills and must be detail-oriented.
- Ability to prioritize, handle multiple tasks, and work independently while also able to communicate and work with others to accomplish goals.
- Intermediate understanding of US GAAP.
- Strong oral and written communication skills.
- Analytical experience with statistical and mathematical concepts.
- Ability to collect data, establish facts, and draw valid conclusions.
- None
- Bachelor’s degree and/or advanced degree in business administration, accounting, or finance
- Minimum 2 years related experience with CECL
- Experience as a credit, portfolio, financial, or investment analyst required.
- Skilled in operation of a personal computer, including Microsoft Office applications, especially intermediate/advanced data analysis using Excel. Proficiency with pivot tables, macros, VBA and/or PowerPivot required.
- Analytical experience with statistical and mathematical concepts and the use of applicable software (i.e. PowerBI) preferred
- Knowledge of database software a plus (i.e. SQL) preferred
- Knowledge of Bank systems (Core system, FIS, Salesforce, nCino) preferred
- None
Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at hr@enterprisebank.com.
Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please download the Equal Employment Opportunity is the Law poster HERE.
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