Credit Risk Analyst

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

The Optum Bank Credit Risk Analyst will be responsible for assessing the credit risks that arise from the Bank's lending and investing activities. The Analyst will work with broader Risk Group as well as Credit professionals to assess the credit and financial strength of the Bank's borrowers and counterparts by performing fundamental credit analysis, using both quantitative and qualitative factors, and provide recommendation for loan transactions, determine appetite and risk ratings, and monitor credit trends in the portfolio. This role supports the broader risk governance frameworks, regulatory compliance, and strategic decision-making through quantitative analysis and reporting.

The Risk Management function is dedicated to safeguarding the bank's assets and ensuring operational stability. The department develops and implements the risk framework, policies, standards, and procedures aligned with the bank's strategic goals.

Primary Responsibilities:

• Actively engage with Bank's lending and investing stakeholders to review and assess potential credit risks associated with lending portfolios, products, processes, and strategies
• Perform ongoing assessment of the credit and financial strength of the commercial and consumer counterparts by performing fundamental credit analysis of counterparties using internal rating methodologies
• Review loans on an individual and aggregate portfolio basis to determine potential risks, adherence to policy and procedures, and accuracy of risk ratings
• Present findings and recommendations to senior leadership and answer questions relating to analysis performed and escalate issues to senior management
• Assist in updating, implementing and maintaining credit risk rating methodologies
• Support senior leadership in partnering with broader business units to assess data availability, data sufficiency, and reporting needs for credit risk assessment
• Perform broader sector analysis in order to assess industry fundamentals and portfolio trends
• Conduct scenario analysis and sensitivity testing to quantify potential losses
• Generate report with early warning indicators then review, assess and propose rating action recommendation to senior leadership
• Support internal audits and regulatory exams
• Assist with development and enhancement of risk policies and underwriting standards
• Partner with underwriting, finance, and product teams to assess new products and strategies

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, Statistics, Engineering or related field
• 2+ years of consumer credit risk management or underwriting experience
• 2+ years of experience with SQL, Python, R, or SAS

Preferred Qualifications:

• Credit risk experience in a consumer or healthcare financing, fintech, bank or other financial institution
• Knowledge of credit life cycle (origination, portfolio management, collection), loan loss provisioning, and advance credit risk analytics
• Background in model validation, governance, or audit support
• Exposure to loan purchase programs, securitization, or warehouse lending
• Advanced proficiency in Microsoft Office PowerPoint (creating and executing presentations), and Excel (Financial Spreading, Pivot Tables, VLOOKUP, Advanced Formulas, Formatting, etc.)
• Proven ability to clearly communicate verbally and in writing
• Proven ability to translate complex risk concepts into clear business insights
• Proven attention to detail and solid problem-solving skills
• Proven excellent interpersonal skills, including the ability to lead and collaborate with multiple teams
• Proven ability to scope and lead a risk assessment or project from start to end and present results to stakeholders and senior leaders
• Proven solid project management / organizational skills and the ability to manage multiple assignments concurrently across various stakeholders

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $60,200 - $107,400 annually based on full-time employment. We comply with all minimum wage laws as applicable.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.