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For your reference, we have included the original job posting below.
Credit Risk Analyst - Basel II
Job Number:
38881795
Company Name:
U.S. Bank
Job Location:
Minneapolis, MN US
Job Category:
Accounting & Finance
Credit Risk Analyst - Basel II
Title: Credit Risk Analyst - Basel II Location: Minnesota-MN-Minneapolis Other Locations:
Perform independent reviews on credit risk models and validations developed for use in meeting Basel II requirements, as well as models used for underwriting, account management, and collections. Existing models cover a broad array of portfolios that include mortgages, installment loans, credit cards, leasing, small business, and wholesale banking. Responsibilities encompass analyses of modeling techniques, model assumptions, statistical tests used for evaluating model performance, and compliance with regulatory standards. The candidate should be able to effectively work with all levels of management to communicate conclusions and make recommendations based on findings made during the review process.
Additional responsibilities include assistance with statistical analysis regarding the performance and improvement of models. Assessment of validation efforts are also required to ensure that model results meet objectives and adhere to regulatory standards. Other credit risk related areas of focus include stress testing, asset correlation / concentration, and emerging risk identification. The preferred candidate should have a background in statistics / modeling, strong problem solving and critical thinking ability, superior decision making skills, as well as excellent written and verbal communication skills.
Your Career is Here. Basic Qualifications - Prefer advanced degree in applied statistics, economics, finance or related field experience - Thorough knowledge of retail/wholesale credit risk modeling and validation - Six to eight years of experience in credit analysis activities
Preferred Skills/Experience - Considerable knowledge of credit analysis and risk assessment - Strong analytical and financial analysis skills - Excellent verbal and written communication skills - Basel work experience is a plus. - SAS programming skills - Ability to work independently and be an effective contributor to team projects