Assoc Risk Officer II or Risk Officer I

BBVA Compass - Birmingham, AL (30+ days ago)3.6


Overview
At BBVA, we are working to make banking better for everyone. That is where you come in. We are looking for smart, team oriented people who want to be part of a first-class workforce that gives people the tools they need to meet their financial goals, all while delivering an outstanding client experience. Learn more below.
Responsibilities
General Summary

A risk strategy and analytics analyst role is to develop analytics to support new and existing risk strategies designed to enhance the performance of retail lending portfolios to include originations, account management, and portfolio performance.

Risk strategy analysts may also identify areas of potential risk within a portfolio through market, economic, and statistical analysis that may lead to strategy adjustment recommendations.

Duties and Responsibilities

Develop models related to credit origination/portfolio management efforts and oversee deployment and validation efforts
Excellent quantitative/analytical skills with the ability to derive patterns and insights, and perform risk/reward analysis
Conduct statistical analysis to evaluate risk using statistical software such as SPSS and SAS
Develop and maintain database resources used to track performance of marketing campaigns
Forecast and monitor portfolio losses and incorporate industry/market trends
Provide timely and accurate analysis of portfolio trends and potential risks to business partners in U.S. and Spain as required through established analytic processes as well as follow-up to Risk Committees, Board, and Spain specific requests to provide insight regarding credit quality
Work with business partners to provide analytics and recommendations for structure of new products, product changes, underwriting guidelines, and risk strategies
Present ideas via reports and presentations, outlining findings and making recommendations for improvements to reduce/control risk
Manage projects and participate on committees and work groups as assigned
Work independently
Qualifications
Job Requirements

Educational degrees in finance and/or quantitative and statistical analytics
Possess advanced data management skills which may include usage of SAS or other similar product
Knowledge and understanding of residential real estate product preferred
Experience in consumer bank credit risk management, financial analysis, and/or general banking preferred
Exposure to credit scoring, quantitative techniques, and database management
Demonstrated analytical and problem solving skills
Inquisitive and proactive mind set to identify issues and develop action plans to address emerging risks