Credit Risk Analyst - Urgent

We are hiring an organized Credit Risk Analyst to join our productive team at Umpqua Bank in Tigard, OR.
Growing your career as a Full Time Credit Risk Analyst is an incredible opportunity to develop productive skills.
If you are strong in creativity, planning and have the right experience for the job, then apply for the position of Credit Risk Analyst at Umpqua Bank today!

About Us:

Umpqua Bank is a publicly traded financial holdings company which offers banking, lending, and wealth management services to our personal, business, and commercial customers. Headquartered in Lake Oswego, Oregon with 4,000+ employees and operations across Oregon, Washington, California, Idaho, Arizona, Colorado, and Nevada. Its an especially exciting time to join our team as, upon the completion of the merger with Columbia Bank, we grow to become a leading western regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

About the Role:

In this role you will carry out the efforts of Credit Risk Administration in identifying, measuring, and monitoring the Bank's credit risk in the context of the Allowance for Credit Losses estimation, credit and capital stress testing, risk rating frameworks, and overall sound management of the Bank's credit exposures. Responsibilities include production and maintenance of credit risk models, fulfillment of analytical practices and reports, maintenance and limited development of database infrastructure, and compliance with regulatory mandates in adherence to the Bank's Credit Risk Management policies and regulations.

• Run recurring credit risk estimation models for ACL and stress testing purposes for assigned portfolios. Assess the reasonableness of PD/LGD/EL estimates, complete controls and deliver results to internal partners in accordance with established requirements.

• Maintain Dual Risk Rating scorecard models for various portfolios including quantitative, qualitative and combined scoring methodology. Monitor and maintain validity of the Bank's Master Rating Scale.

• Prepare recurring credit stress testing, Dual Risk Rating, and other credit risk reports and dashboards as well as ad hoc credit risk analysis or reports as requested by management. Make recommendations regarding credit risk and policy where appropriate.

• Document applicable components of credit risk model development and implementation, including necessary tests and operating procedures, in conjunction with model developers and other stakeholders. Work with Model Risk Management to ensure models are validated. Remediate any validation findings as required.

• Implement and perform model monitoring tests and procedures and produce recurring reports evaluating the continued validity of department-owned models. Recommend improvements to owned models as appropriate.

• Use and maintain essential database structures necessary to ensure efficient production and facilitate model testing and research. Collaborate with other stakeholders where appropriate.

• Develop judgmental estimation tools as needed and establish procedures for their operation. Document the same accordingly.

• Determine relevant data quality rules and work with data governance partners to establish appropriates lines of defense. As needed, test and document the quality of data used for department models and processes.

• Coordinate and work in cooperation with various departments and project teams who are stakeholders in the work produced by Credit Risk Administration.

• Demonstrate compliance with all bank regulations that apply to your position, and keep up to date on regulation changes.

• Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position

About You:

• Bachelor's Degree in finance, economics, business, accounting or related field required. Advanced degree and/or related certification in the same is preferred.

• 3-5 years of financial or risk-related analytical experience applicable to credit and loan portfolio risk assessment. Must demonstrate an intermediate level of knowledge of credit risk.

• Fundamental understanding of databases, queries, data integrity issues and related systems. Must demonstrate at least basic level skill with SQL. Experience with MS SQL Server is a plus.

• Possess functional understanding of statistics and predictive modeling. Experience with credit risk models and/or relevant industry certifications is preferred.

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $49,330.00 to $102,061.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: View email address on click.appcast.io

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.

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Benefits of working as a Credit Risk Analyst in Tigard, OR:

● Excellent benefits
● Opportunities to grow
● Competitive salary