Overview
At PenFed, we value our colleagues and are proud of our positive work environment. We are continually on the look-out for top performers who are interested in joining our team! Our mission is to provide our members the tools to reach their financial goals. Each employee at PenFed has an impact on our members, our colleagues, and our communities. If you are seeking to take your career to the next level, join our team!
PenFed is hiring a (Hybrid) Senior Analyst, Mortgage Credit Risk Analytics at our Tysons, Virginia location. The primary purpose of this job is to support the Credit Risk team by developing and maintaining custom data structures and providing effective data analytics and reporting of PenFed's credit risk exposures associated with real estate lending, including both first mortgage and HELOC products. This position will prepare, maintain, and analyze data to evaluate credit performance and policies; ensure that key performance indicators are identified, monitored, and addressed; and ensure that all data used meets the required data quality.
Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.
Take a lead role in the migration of the current data preparation processes from SAS to Snowflake.
Support the development of effective credit policies by maintaining a monthly mortgage credit risk data preparation process.
Identify any additional required data and work with data stewards to identify the appropriate data fields to use and then incorporate those new data fields into the existing data preparation process.
Conduct detailed portfolio and cohort analysis, prepare reports, and present findings to VP Mortgage Credit Risk and other senior management on a monthly and ad hoc basis.
Prepare memos and presentations summarizing analysis, results, and recommendations.
Be a thought leader and proactively review existing reporting and provide recommendations for adding forward looking enhancements to reports.
Coordinate with various functional areas of PenFed (Credit Risk Modeling, Business Lines, Operations, Compliance and Finance) to identify strengths and weaknesses in all aspects of account origination and portfolio management that affect key performance indicators and recommend appropriate actions.
Maintain and improve process documentation and credit risk data dictionaries.
Participate in external and internal audits, and regulatory examinations as needed.
Qualifications
Equivalent combination of education and experience is considered.
Bachelor's Degree or Advanced degree in Business, Quantitative Discipline or Equivalent, Finance or related field is strongly preferred.
Minimum of two (2) years of experience in data analysis & reporting, credit risk policy & analysis, credit risk management, or modeling in financial services industry.
Proficiency with statistical and data tools such as SQL, SAS, and Python required.
Proficiency in data analysis and visualization tools such as Tableau and PowerPoint are required.
Ability to manage multiple priorities, meet deadlines, and escalate issues in a timely manner.
Self-motivated and strong interpersonal skills in order to actively lead and implement ideas in a cross-functional team environment.
Excellent written and verbal communication and presentation skills required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.
Travel
Ability to travel to various worksites and be on-call may is required.
About Us
Established in 1935, PenFed today is one of the country's strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment OpportunityPenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 240-224-4256.
