Company: Fifth Third Bank
Employee Type: Full-Time
Job Type: Finance
Job Posted Date: 8/6/2014
Credit Risk Analyst II - Consumer
Employment Type : RegularFLSA Status : ExemptPosted Date : 5/6/2014Grade : 13Affiliate : FIFTH THIRD BANK, CINCINNATI
GENERAL FUNCTION: Responsible for developing analytics and reporting to assist in the identification and evaluation of all risks related to Consumer Credit (i.e. Direct, Indirect, Credit Card, and Mortgage). Identify and monitor credit quality trends in the consumer portfolios and contribute to the production of Line of Business Risk Assessments, Targeted Examinations, Special Assessments. Stay abreast of industry trends and regulatory requirements (i.e., FFIEC, FRB). DUTIES & RESPONSIBILITIES: * Conduct root cause analysis to identify opportunities to predict, prevent and mitigate risk within processes and performance across consumer lines of business. * Develop, validate and implement various models used for loss forecasting, portfolio stress testing, account management analysis and other targeted analysis. Perform ad-hoc analysis of consumer portfolios as directed. Report and analyze characteristics of the Consumer Credit lines of business in relation to policies, guidelines and processes. * Run daily/monthly/quarterly production processes in a meticulous fashion within established controls and tight deadlines. Develop reports to understand financial performance by risk and behavioral segments. Develop and document detailed application specifications in a form that it can be used for coding. * Design, develop and interpret complex business and statistical analyses to support management decision-making as it applies to portfolio risk management and evaluation of marketing programs. Optimize risk/reward trade-off to support new risk initiatives and portfolio risk analytics involving relationships among key business drivers. * Establish close working relationships with the Credit functions of the various Consumer Lending groups, while maintaining independence/objectivity. Monitor and evaluate problem loan statistics. Ensure that appropriate reporting of activity is occurring consistent with Bancorp policy as well as pertinent accounting/regulatory guidance. * Identify and communicate potential policy and or operational improvements that will enhance credit quality. Evaluate new consumer risk related data sources and risk analytical tools, and develops innovative risk management capabilities and processes. * Conduct root cause analysis to identify opportunities to predict, prevent and mitigate risk within processes and performance across consumer lines of business. * Prepare and deliver presentations related to recommendations and strategy results to business partners and management. SUPERVISORY RESPONSIBILITIES: None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: * Masters degree in relevant field (Business, Finance, Statistics, Economics, etc). PHD in relevant field preferred. An equivalent combination of education/experience will be considered in lieu of a Master degree. * Minimum 5 years experience in reporting systems, database management and statistical modeling. * Excellent analytical, verbal and written communication skills. * Demonstrated ability to understand various applications and business intelligence/database tools. * Demonstrated ability to work on multiple projects within expected timelines. * Demonstrated ability to work cohesively within a team. * Minimal 5 years experiences of BASE/SAS, STAT/SAS, MACRO/SAS, Graph/SAS, Mainframe SAS and SAS Enterprise Guide. * Minimal 5 years experience to access and query a multitude of databases on different platforms such as Oracle/DB2/MS-SQL Server/Teradata/MS Access, translate SQL queries among different database platforms, create and maintain data sets as appropriate by SQL programming. * Demonstrated ability to learn and understand various applications and business intelligence/database tools.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $130 billion in assets, operates 17 affiliates with 1,320 full-service Banking Centers, including 104 Bank Mart® locations, most open seven days a week, inside select grocery stores and 2,586 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 25% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2013, had $302 billion in assets under care, of which it managed $27 billion for individuals, corporations and not-for-profit organizations.
Fifth Third Bank is proud to be an affirmative action/equal opportunity employer. Minorities / Females / Individuals with Disabilities / Protected Veterans
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