Principal Credit Risk Analyst

Overview

Lead the monitoring, analysis, and modeling efforts to support the Credit Risk Strategy and Analytics function within Navy Federal's Credit Risk Management division (second line of defense). Leverage member, financial, and organizational data to oversee NFOU's lending activities and credit exposure, ensuring rigorous risk identification, measurement, and monitoring across the enterprise. Drive actionable risk mitigation strategies and business intelligence to advance the sustainable growth of NFCU's lending products. Manage complex tasks and projects with minimal supervision, exercising significant autonomy. Senior professional in the field, demonstrating expertise and leadership in the discipline.

Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Responsibilities

• Lead data-driven analyses to challenge credit underwriting strategies using historical loan data, financial reports, and alternative data sources
• Develop insights and recommendations for enhancing credit risk strategies and lending products, including analysis of debt issuers, guarantors, and vendors
• Drive innovation in credit risk strategies through complex analytical models and credible challenges, focusing on financial performance metrics
• Create advanced forecasting models and ranking tools to predict loan performance and inform credit strategy development
• Design and implement comprehensive monitoring frameworks to track credit risk performance and financial impacts
• Analyze portfolio performance in detail, providing actionable insights to leadership
• Collaborate closely with internal teams, including Marketing, Operations, and Finance, to support product and marketing strategy changes
• Maintain and develop credit risk policies, ensuring alignment with regulatory requirements and organizational risk appetite
• Present complex data-driven insights to senior management, influencing high-level lending decisions
• Communicate the financial implications of credit risk strategies and emerging risks to executives
• Ensure compliance with evolving regulatory requirements through proactive policy management and financial risk assessments

Qualifications

Required Qualifications

• Bachelor's Degree in a quantitative disciplines or equivalent combination of training, education and experience
• 7-10 years of experience with credit risk assessments at a large financial institution
• Subject matter expert within business area/specialization with understanding of interrelationships of different disciplines
• Significant knowledge and understanding of credit risk management techniques and methodologies, including statistical analysis, scenario modeling, and credit loss forecasting
• Significant knowledge of applicable federal and state regulations, company policies, and industry best practices
• Significant experience managing multi-faceted projects simultaneously that have cross-departmental impact
• Significant knowledge of operational and regulatory risk control concepts and practices
• Proven ability to plan, organize and effectively execute risk mitigation and process improvement initiatives
• Advanced organizational, planning and time management skills
• Advanced research and analytical skills
• Strong understanding of the interactions between credit risk, consumer behavior, and macroeconomic conditions
• Extensive experience interpreting and synthesizing large data sets to assess and forecast risk
• Advanced leadership skills in driving organizational adoption of risk management best practices
• Advanced skill in programming languages (SQL, R, Python, Hadoop, SAS, SPSS, Scala, AWS)

Desired Qualifications

• Master's Degree in quantitative discipline or related field or equivalent combination of training, education and experience

Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526 | 141 Security Drive, Winchester, VA 22602

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