VP, Credit Risk Analytics

Job Description

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.

With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, there’s no stopping you!

Job Title : VP, Credit Risk Analytics Job Description :

Summary

Manages Allowance for Credit Losses (ACL) methodology under the Current Expected Credit Loss (CECL) guidance, stress testing and credit portfolio reporting for the Bank. Compiles and analyzes portfolio loan data and builds risk models to reduce operating losses and maintain protection of assets.  Monitors quality of loan portfolio data and provides data to Bank Management to make informed decisions.

Essential Duties & Responsibilities

Maintains and manages the CECL allowance model and all methodologies and policies.  Ensures compliance with the control framework developed for CECL.

Executes ACL calculation quarterly, including model design, methodology selection, reviewing data accuracy, calculations, documentation, and reporting used to support the ACL.

Validates model results, interprets results, and communicates to internal audit, model risk management, external auditors, model validators and regulatory examiners.

Pursues data quality practice improvements that align with data sponsor priorities, collaborates with various departments to identify data quality practices that ensures data are fit-for-use.

Provides analytical research assistance for collected data end-users, including monitoring and reporting on accounting pronouncements or policy changes that impact reported data.

Manages stress testing and sensitivity analysis of the Banks’ loan portfolio. Maintains documentation of stress testing processes, procedures, and workflows.

Serves on the Allowance for Credit Losses Committee and assembles quarterly allowance presentations for the ACL Committee and Audit and Risk Committee of the Board.

Applies what-if scenarios to the portfolio such as varying growth rates, pay-off or reductions, segment concentrations, interest rate shocks, changes in credit quality, or systemic interruption of specific loan markets.

Assists with bank-wide capital stress testing by working with Chief Credit Officer, Director of Credit Administration, Chief Accounting Officer, and ACL Committee to establish targeted areas, objectives, and completion dates of stress tests.

Verifies and balances internal loan information with third party vendors (i.e. nCino Portfolio Analytics and Sageworks)

Analyzes the loan portfolio and its various components and oversees monthly credit portfolio reporting to provide information to Executive Management regarding the status of the portfolio and emerging trends.

Develops, maintains, and coordinates flow of documentation and credit reporting for the Banks’ Risk and Audit committees of the Board of Directors.

Performs ad hoc reporting for Loan Review, senior management, and other business units as needed.

Leads or supports special projects as necessary to support overall Bank objectives.

Participates in data onboarding for acquired entities as it relates to allowance needs and identification of PCD assets.

Performs other duties as required.

Qualifications

Ability to collect data, establish facts, and draw valid conclusions.

Strong oral and written communication skills. Must be able to concisely and clearly express opinions, observations, and recommendations in a confident manner.

Ability to prioritize, handle multiple tasks, and work independently and in multiple teams.

Able to communicate and work well with others to accomplish goals.

Analytical experience with statistical and mathematical concepts and the use of applicable software.

Solid organizational skills and must be detail-oriented.

Expert knowledge in CECL guidance and methodology.

Strong understanding of US GAAP.

Supervisory Responsibilities

Credit Risk Management Specialists

Education and / or Experience

Bachelor’s degree in business administration, accounting, or finance

Minimum 7 years of experience in financial modeling including credit risk analysis, credit analysis, and data analytics.

3+ years experience with CECL methodology.

Computer and Software Skills

Skilled in operation of a personal computer, including Microsoft Office applications, especially intermediate / advanced data analysis using Excel. Proficiency with pivot tables, macros, VBA and / or PowerPivot preferred.

Analytical experience with statistical and mathematical concepts and the use of applicable software (i.e. PowerBI)

Knowledge of bank systems desirable (FIS – Bankway / IBS, Salesforce / nCino)

Knowledge of database software a plus (i.e. SQL)

Certifications, Licenses, and Registrations

None

Equal Opportunity Statement :

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at  hr@enterprisebank.com.

Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please click HERE.