Portfolio Risk Analyst III

    • Job Tracking ID: 512165-831583
    • Job Location: Broomfield, CO
    • Job Level: Mid Career (2+ years)
    • Level of Education: BA/BS
    • Job Type: Full-Time/Regular
    • Date Updated: 09/19/2022
    • Years of Experience: 5 - 7 Years
    • Starting Date: ASAP
    • Days of the Week: Mon,Tue,Wed,Thurs,Fri
    • Hours: 40 hours a week Monday - Friday 8:00 am - 5:00 pm
    • Salary: Starting Annual Salary $69,490- $104,235 based on experience.
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Job Description

$1000 HIRING BONUS FOR ALL NEW EMPLOYEES*

*$1000 to be paid out 90 days after start date.

As The Artisans of Banking, we strive to be B.R.A.V.E. (Build Relationships & Add Value Everyday). We recognize that in order to meet the needs of our communities, we must represent our communities. Our success relies on creating a culture where we have diverse perspectives and a true sense of belonging. This is a journey, and we pledge to do more than simply check the box.

When you join our Premier Members team, your benefits will include:

  • Comprehensive medical insurance plan that has HRA, HSA, and FSA options
  • Dental and vision insurance
  • Generous paid-time-off
  • 11 paid holidays
  • Annual bonus
  • 401(k) plan with a 5% match
  • Wellness program
  • Tuition assistance
  • 1% employee loan discount
  • Employee Assistance Program (EAP)
  • Life and disability coverage

What sets working for Premier Members apart?

  • Career development and pathing opportunities to move into leadership roles or other lines of business within PMCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more.
  • Supportive and engaging work environment.
  • A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first.
  • A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally.

Starting Annual Salary $69,490- $104,235 based on experience.

Experience and Skills

POSITION SUMMARY:

Responsible for identifying, managing, and communicating global credit risks represented in the company’s loan portfolio. Applies knowledge of credit risks to optimize credit product performance to help fuel growth and protect the bank from losses. Identifies, analyzes, develops, and assists in the implementation of process improvement solutions to enable better member and employee experiences.

ESSENTIAL FUNCTIONS:

  • Develops statistical models that estimate current and future credit risks.
  • Translate analytical findings into actionable strategic recommendations.
  • Monitor existing portfolio, present findings, and assist in implementing strategies to improve performance.
  • Work independently to examine the level of risk within the bank’s portfolio.
  • Provides analytical support of loan product design and structure.
  • Perform analysis on historical and projected credit risks.
  • Coordinates and performs analysis for credit risk based on specific loan type limits and targets to determine institutional tolerance.
  • Make recommendations to Portfolio Manager on successes and concerns of credit risks.
  • Ensure that all necessary reports are prepared, maintained, and monitored on a regular basis, and provide any additional reports or analysis as requested.
  • Understand and implement required decisions to increase/decrease business relationships based on profitability, delinquencies, charge offs…etc.
  • Collaborate effectively with cross-functional partners, including Finance, Accounting, Lending, Operations, Senior Executives, and other groups as necessary to meet business objectives.
  • Trains new analysts and associate analysts
  • Completes other duties and additional Adhoc requests as necessary
  • Flexible schedule allowing for office and remote work environment
  • Ensures that work area is clean, secure, and well maintained.

Qualifications

  • Bachelor's degree in a quantitative field or equivalent combination of experience and education required. Advanced degree preferred.
  • 5+ years in Credit, Financial Analysis, Statistical Modeling/ Forecasting, Banking or other directly related experience
  • Proficient in MS Office, with advanced MS Excel skills
  • Strong Analytical Skills

WORKING CONDITIONS

  • Standard office conditions
  • Low to moderate noise
  • Limited lifting up to 30 lbs.

This description has been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Essential functions, requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.


The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.