If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
Position Overview:
This position will support the development, monitoring, and testing of quantitative models to support SECU’s Capital Planning, Stress Testing, and CECL efforts. This position supports executive decision making with regard to scenario analysis, risk appetite, and loan-loss allowance. This position informs management of trends within the economy and SECU’s balance sheet.
Essential Responsibilities:
- (30%) Assist with the maintenance of existing quantitative analysis, credit loss forecasting models, and behavior modeling for loan and deposit products.
- (30%) Lead in the development, documentation, review, backtesting, and approval of new models.
- (20%) Assist with capital planning and analysis to support growth projections and scenario design.
- (20%) Assist with implementation, performance monitoring, and ad hoc analysis to support credit loss forecasting.
Required Education & Experience (Knowledge, Skills, & Abilities):
- This position requires a four-year degree in Finance, Mathematics, Economics, or a related quantitative field of study.
- 2+ years of progressive experience in financial services industry in risk management or finance or an advanced degree in a quantitative field of study
- Strong understanding of financial markets, interest rates and potential impact of current economic activities and political events. Strong understanding of financial statements, forecasting, and performance metrics.
- Proven ability to condense highly technical subject matter into clear and effective communications to senior management.
- Proficient with statistical software programming tools such as R, Python, SAS.
Preferred Education & Experience (Knowledge, Skills, & Abilities):
- Advanced degree in Finance, Mathematics, Economics, or a related quantitative field of study.
Job Environment & Physical Requirements:
- Hybrid work schedule
SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.
Disclaimer
State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.
Skills Required
- Four-year degree in Finance, Mathematics, Economics, or a related quantitative field
- At least 2 years of progressive financial services industry experience in risk management or finance, or an advanced degree in a quantitative field
- Strong understanding of financial markets, interest rates, economic and political impacts, financial statements, forecasting, and performance metrics
- Ability to condense highly technical subject matter into clear communications for senior management
- Proficiency with statistical software programming tools such as R, Python, or SAS
- Advanced degree in Finance, Mathematics, Economics, or a related quantitative field
SECU Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about SECU and has not been reviewed or approved by SECU.
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Retirement Support — Immediate 100% vesting and a 200% employer match on employee 401(k) contributions from 1–5% of pay (up to a 10% employer match) stand out. This level of support is described as unusually rich among financial‑services employers.
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Leave & Time Off Breadth — 11 paid holidays plus 16 floating‑holiday hours, paid parental and caregiver leave, bereavement and volunteer time, and PTO that can reach 32 days per year with carryover up to 280 hours. These provisions provide predictable time off and flexibility across life events.
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Healthcare Strength — Medical (PPO or HDHP) with HSA/FSA options, dental including a minor‑child orthodontia option, and vision are available for employees and eligible dependents. Employer‑paid basic life/AD&D and short‑term disability, with subsidized long‑term disability, add robust income protection.
SECU Insights
What We Do
Even though we're North Carolina's largest credit union, we're still just "people helping people." We currently serve over 2.6 million members through more than 270 branch offices - and growing! Members have 24/7 access to account services from over 1,100 ATMs, as well as via phone, our website, and the SECU Mobile App. Since 1937, we've provided financial services to employees of the State of North Carolina, public boards of education, and employees of associations formed for the benefit of State employees, as well as their immediate family members. We are the trusted provider of financial services for millions of members. And, according to Forbes Magazine, we're the best credit union in North Carolina. State Employees' Credit Union (SECU) is an Equal Housing Opportunity lender and federally insured by NCUA. SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.
