The Role
The Credit Risk Analytics Manager leads the validation and maintenance of credit risk models, manages model governance, and produces analytical reports for credit risk estimation and regulatory compliance.
Summary Generated by Built In
Job Summary & Responsibilities
SUMMARY: Reporting to the Director of ACL, the Credit Risk Analytics Manager is part of a dynamic team of talented professionals whose task is to manage and maintain the credit risk models used to produce the allowance for credit losses (ACL) and other credit risk estimates. The Credit Risk Analytics Manager uses a combination of quantitative, modeling, communication, and technical reporting skills to manage third-party credit risk models and lead rigorous model validations, back testing, monitoring, and governance processes.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.
- SME for Moody's credit risk models CMM, RiskCalc, and MPA, coordinating model releases, inputs, overlays, change logs and stewarding data quality and lineage for production use.
- Leads end-to-end validation lifecycle with Model Risk Management, Internal Audit, and external validators: assemble validation packages, respond to findings, track remediation actions, and maintain current model inventory and governance.
- Maintains and updates comprehensive model documentation (purpose, data lineage, key assumptions, segmentation, limitations, monitoring thresholds) to meet regulatory/audit expectations
- Designs and executes ongoing performance monitoring and back testing, produce concise insights, and recommend remediation/challengers if warranted
- Advance/benchmark model usage by leveraging internal and external data to improve accuracy and business utility for CECL, attribution, and risk decomposition
- Supports the quarterly CECL production cycle in partnership with the ACL manager
- Builds recurring and ad‑hoc dashboards and reports (Tableau, Excel, PowerPoint, Word) for senior and technical audiences.
- Partners with Data/Technology on data quality and controls, metadata/lineage, and fit‑for‑purpose datasets supporting validation and CECL activities.
- Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
- Adheres to Bank policies and procedures and completes required training.
- Identifies and reports suspicious activity.
SUPERVISORY RESPONSIBILITIES
- Supervises function, projects or services and/or one or more employees, as applicable.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance coaching; rewarding and disciplining employees; addressing complaints and resolving problems.
EDUCATION
Bachelor's Degree in a quantitative discipline (eg Statistics, Finance, Mathematics, Engineering, Economics) required. Advanced degree in a quantitative discipline (PhD or MSc in a STEM discipline or Economics/Finance) preferred.
EXPERIENCE
- 5+ years' experience in financial services with significant exposure to credit risk analytics/modeling required
- Deep understanding of credit risk concepts (PD, LGD,and EAD) and credit risk models (PD/LGD, Scorecards, among others) required
- Demonstrated direct experience of model ownership/monitoring, model development, and/or model validation, including concepts such as backtesting, sensitivity testing, and benchmarking required
- Experience with statistical and quantitative modeling techniques is required required
- Experience with programming and statistical packages languages, particularly Python, required required
- Strong experience building dashboards and structured reporting packages required
CERTIFICATES, LICENSES, REGISTRATIONS
- CFA, PRM, FRM a plus.
KNOWLEDGE, SKILLS AND ABILITIES
- Excellent communication skills with the ability to analyze and explain findings and remediations.
- Working knowledge with model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017)
- Ability to work under pressure, meet deadlines, manage competing initiatives and adapt to an ever-changing work pace with a focus on accuracy and attention to detail.
- Strong interpersonal skills to aid in working with different divisions within the company
ADDITIONAL INFORMATION
- Candidates residing in locations within BankUnited's footprint may be given preference.
#GoForMore
Skills Required
- 5+ years' experience in financial services with significant exposure to credit risk analytics/modeling
- Deep understanding of credit risk concepts (PD, LGD, EAD) and models
- Demonstrated direct experience of model ownership/monitoring, model development, model validation
- Experience with statistical and quantitative modeling techniques
- Experience with programming and statistical packages languages, particularly Python
- Strong experience building dashboards and structured reporting packages
BankUnited Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BankUnited and has not been reviewed or approved by BankUnited.
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Healthcare Strength — Healthcare coverage is positioned as comprehensive, with medical, dental, and vision options plus disability and life insurance. Wellness programming is described as robust, including incentives, screenings, and on-site fitness facilities at the corporate center.
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Retirement Support — Retirement support includes a 401(k) plan with a company match and relatively quick eligibility after one month. Auto-enrollment and auto-increase features are described, which can help employees build savings consistently.
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Leave & Time Off Breadth — Time-off offerings are described as broad, including a sizable PTO range by level and paid holidays. Additional time-off programs such as volunteer time and flexible/hybrid/remote arrangements are also described for eligible positions.
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The Company
What We Do
BankUnited, Inc., with total consolidated assets of $35.2 billion at March 31, 2021, is a bank holding company with one wholly owned subsidiary, BankUnited. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individual and corporate customers through banking centers in Florida and New York. The Bank also provides certain commercial lending and deposit products on a national platform. Here at BankUnited, we endeavor to provide, through experienced lending and relationship banking teams, personalized customer service and offer a full range of traditional banking products and services to both commercial and retail customers.
