Credit Risk Analyst

This range is provided by Insight Global. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $70,000.00/yr - $84,000.00/yr Title: Depository Credit Risk Analyst Shift/Hours: M-F 8a-5p Salary Range / Bill Rate: $70,000-84,000 Must-Haves Bachelor's in finance, accounting, BA or other related fields 1-3+ years of experience in a relevant field Strong financial mindset, being able to valuate companies and propose best next steps Plusses CPA or CFA Familiarity with depository examination PowerBI or Python exposure Banking or insurance experience Technical writing skills About the Role This person will perform credit/financial analyses of our client's depository institution members and non-members to assist ERM Member Credit management in mitigating and managing the credit-related risk associated with these institutions. Conduct micro and macro financial and economic analyses of the banking industry to aid management in making prudent lending and collateral decisions. Maintain knowledge of domestic banking industry developments and provide ERM Member Credit management with updates regarding activities and events impacting depository members. Key Responsibilities Financial Analysis – Perform credit/financial analysis and monitor the financial condition of the FHLBI’s depository members and non-member institutions utilizing S&P Market Intelligence / CapIQ, regulatory call reports, SEC filings, business plans, annual reports and confidential regulatory examination reports. Summarize findings in written credit reviews that are used to formulate/support credit decisions and establish/adjust collateral requirements. As needed, attend member meetings to discuss financial condition and direction of member’s credit risk profile, incorporating takeaways in analyses as appropriate. Model Execution & Analysis – Execute models designed to evaluate credit risk for depository institution members, interpreting and reporting results to ERM Member Credit managers to assist in collateral and underwriting decisions. Conduct model performance monitoring, assessing the use and performance of associated models and reporting to management the results and any recommendations of that research. Financial Research and Reporting – Design and develop reports and dashboards and interpret the output for use by ERM Member Credit managers to assist in their lending, collateral and underwriting decisions; while maintaining adherence to FHLBI and regulatory credit risk parameters. Role will be responsible for the reporting to internal and external stakeholders in addition to ERM Member Credit management. As needed, design, develop and optimize reports in collaboration with the FHLBI’s Information Technology and Project Management departments or through the End-User Computing (EUC) process, ensuring adherence to related bank policies and procedures. Risk Assessment Evaluation & Process Improvement – On an on‑going basis, will be responsible for assisting with the credit risk assessment evaluation regarding depository member and non-member institutions. This includes preparing the credit risk assessment regarding depository institution members and recommending to the ERM management any additions/modifications to the evaluation as needed. Additionally, on an on‑going basis, evaluate and enhance credit risk processes to ensure efficiency, accuracy and timely completion. Miscellaneous Duties & Special Projects – Develop expertise in credit risk analysis, and through the use of news articles, magazines, seminars and training classes, remain current on banking industry events/developments which affect the extension of credit to FHLBI members. Participate on FHLBI internal committees and working groups as assigned. Assist with special projects and internal/external finding remediation pertaining to member credit risk, as needed. Seniority level Associate Employment type Full-time Job function Analyst and Finance Industries Banking and Financial Services Benefits Medical insurance Vision insurance 401(k) #J-18808-Ljbffr Insight Global