Member Risk and Analytics Manager

Member Risk And Analytics Manager

The Member Risk and Analytics Manager is a front-line role with embedded risk responsibilities. The role blends achievement of business objectives with prudent risk-taking, ensuring credit risks (existing and potential) are identified, monitored, and appropriately escalated. Working collaboratively with the Banks relationship managers, strategists, and Funding Desk, the incumbent will efficiently identify, monitor, and accurately analyze the financial condition of member institutions of the Bank : banks, credit unions, insurance companies, and community development financial institutions. In addition to preparing timely and accurate reports regarding member financial conditions and trends, the incumbent will prepare various reports for stakeholders and review and recommend advance requests, limits, and other extensions of credit from the Bank. The incumbent provides a critical link between the business and the Banks second line credit risk function, supporting a strong risk culture in alignment with the Banks risk appetite. This role will be focused on member-facing risk. This is an individual contributor role, there are no people management responsibilities. This role will have a hybrid work schedule in our Boston office in accordance with the Banks Hybrid Work Program.

Knowledge of capital markets, financial theory and fixed income securities, especially mortgages and mortgage-backed securities, is required. Understanding of factors that drive bank and credit union balance sheet profitability and risk management required. Familiarity with off-balance sheet instruments, asset liability management (ALCO) strategies and interest rate risk management techniques required. Knowledge of asset / liability management issues for insurance companies preferred. Advanced skills with MS Excel are required. Programming experience in VBA or SQL strongly preferred. Experience with PowerBI is strongly preferred. Excellent written and verbal communication skills. Must be able to write concise and informative analyses that convey the key information supporting conclusions, and as well effectively present conclusions and / or recommendations. Analytical mindset and attention to detail. Ability to distill financial and other quantitative and qualitative information and reach conclusions. Ability to weigh the importance of key credit metrics and other relevant financial and qualitative information. Must demonstrate confidence and initiative to complete assignments in a timely manner. Must be able to work in a team environment.

Bachelors degree with a concentration in finance, accounting, economics, or related field; or directly related equivalent work experience required. CFA or progress towards this designation is strongly preferred / supported. At least five (5) years of financial analysis and / or underwriting experience. Strong understanding of credit risk principles, financial statement analysis, and lending practices. Direct experience analyzing depository institutions and / or insurance companies preferred.