Credit Loss Modeling Manager

Credit Loss Modeling Manager

The Credit Loss Modeling Manager is primarily responsible for the allowance for credit losses (ACL) and reserve modeling process and framework at the Bank. This role plays a vital part in ensuring the accuracy, transparency, and regulatory compliance of the Bank's ACL and reserve modeling process. Key responsibilities include reviewing model inputs, assumptions, and outputs, preparing quarterly analyses, memos and documentation, maintaining robust model governance, and serving as a subject matter expert during internal and external discussions and reviews.

Essential Duties & Responsibilities

• Maintain comprehensive and up-to-date model documentation, version control, and audit trails to support internal and external audits, validations and regulatory examinations. The documentation should align with GAAP and regulatory requirements.
• Collaborate with lending and finance teams in the preparation and documentation of the ACL model quarterly. Facilitate transparent communication of model logic, assumptions, economic forecasts, loss rates and model results for these teams.
• Evaluate model results for directional consistency with macroeconomic forecasts and loan portfolio performance, among other items, and prepare memos documenting model assumptions and qualitative adjustment evaluations quarterly.
• Implement, test and continuously monitor methodologies used in the ACL model by performing model back-testing, alternative scenario modeling, sensitivity analysis, and performance benchmarking, among other activities.
• Analyze macroeconomic indicators and loan portfolio trends to inform and calibrate model assumptions. Stay current on industry developments and economic forecasts that impact credit loss estimation.
• Serve as a subject matter expert during interactions with auditors, regulators, and validators. Provide clear, well documented and detailed model insights, supporting analytics, and documentation to address inquiries and ensure compliance.
• Serve as liaison for independent model validations. Address findings promptly and ensure remediation plans are implemented and documented.
• Exercise sound judgment and advanced analytical skills to resolve complex modeling issues. Apply critical thinking to evaluate model performance and recommend enhancements.
• Prepare clear, concise, and audience-appropriate reports, memos, and presentations for Bank stakeholders as well as auditors and regulators.
• Support adherence to Sarbanes-Oxley (SOX) controls by ensuring ACL modeling processes, documentation, and reporting meet internal and external compliance requirements.
• Perform other duties as assigned contributing to broader financial reporting initiatives as needed.

Knowledge & Skills

Experience

Three or more years of similar or related experience in ACL / credit risk modeling.

Education

Bachelor's degree in : Accounting, Finance, Economics, Statistics and / or related discipline

Skills

Attention to detail coupled with the ability to simplify complex topics for diverse audiences. Proactively troubleshoots and resolves complex issues independently while applying sound judgment and critical thinking. Possess strong written and verbal communication skills with the ability to tailor messaging based on the audience. Excellent analytical skills and strong business and financial acumen. Proven ability to organize and work collaboratively across multiple business units. Effectively navigates complex projects requiring independent research and coordination with others. Manage responsibilities independently, consistently meeting deadlines and delivering high-quality work under time-sensitive conditions.

Operates with a high degree of professionalism, discretion, and integrity. Builds trust as a subject matter expert and engages in confidential, complex / technical dialogues with regulators, auditors, validators, and senior leadership. Effectively educates, informs, and advises stakeholders on significant matters related to ACL modeling. Influences decision-making through clear, data-driven insights and thoughtful and clear communication.

The position requires strong analytical and financial acumen, independent problem-solving capabilities, and the ability to communicate complex modeling concepts across diverse business units. This position will collaborate closely with the finance and lending teams.

Physical Requirement

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management.

Regular in-office attendance required.

Mental and / or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines I requirements for extreme accuracy and quality and / or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

CapFed is an equal opportunity employer.