3-5 years of experience
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Employment Type:
Full time
Job Category:
Credit and Collateral Risk Analyst
(This job is no longer available)
Grad Date

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Job Description

Company Description

STCU is a growing regional credit union that is consistently rated one of the top-performing credit unions in the nation, and we have been named as one of Fortune Magazine's Great Places to Work. We look for employees who have a strong desire to serve others, are lifelong learners, are committed to working hard, have a fun-loving attitude, and who want to make a difference in our members' lives. We love people who share our passion for integrity, service, innovation, education, people, and celebration.

STCU offers excellent benefits:

* Paid time off
* Ten paid holidays
* Health plan - medical, prescription drug, dental, and vision
* Short-term disability insurance
* Life insurance and long-term disability insurance
* 401(k) retirement savings plan
* Training and development programs
* Semi-annual success sharing plan

Job Description

The Credit and Collateral Risk Analyst is responsible for management, oversight and monitoring of credit risk activities and performance related to consumer credit products. This includes being the subject matter expert on credit risk related activities, making recommendations regarding credit risk appetite for the credit union to senior management, and promoting and/or updating policies and procedures used across the credit union's lines of business. Additionally, this person will be responsible for the oversight of the collateral evaluation process to include selection of approved appraisers and AVM validation.

Principal Accountabilities

Portfolio Management

* Develop and execute strategies for credit risk management of loan portfolios, including origination, portfolio management, and collections.
* Lead the ongoing integration of activities, including planning, forecasting and business analysis to drive credit initiatives.
* Lead the development of reporting for assigned product family or line of business that includes credit performance measurements, economic indicators, and relevant forecasts to inform business strategy and outcomes.
* Utilize analytics to enhance auto decisioning strategies
* Define and create risk management strategies and roadmaps, managing products through their lifecycle.
* Evaluate, prioritize and lead decision making regarding new products and markets based on STCU's credit risk appetite and growth objectives.
* Initiate and lead cross-functional teams to deliver Credit Risk Management objectives.
* Correlate qualitative and quantitative research to define and inform business opportunities and potential risks.
* Maintain a thorough understanding of all Policies, Guidelines, and Procedures to ensure alignment of credit risk objectives and business practices.
* Perform all responsibilities in accordance with STCU Competencies, compliance, regulatory and Information Protection requirements.
* Coordinate with Business Line management teams with any necessary product promotions and materials.
* For the purpose of attaining Credit Union goals, it is the responsibility of each employee to strive for the continuous improvement of processes and quality of service.

Appraisal Management

* Manage Commercial and Residential Appraiser selection. Conduct due diligence review and submit recommendations to MLC.
* Manage Appraisal Management Company (AMC) selection. Conduct due diligence review and annual performance analysis.
* Review and recommend changes to the Real Estate Valuation Policy.
* Validate and report to MLC on all active Automated Valuation Models (AVM) and Mortgage Loan Report (MLR) providers.
* Review exception requests for further consideration.
* Respond to internal and external inquiries regarding appraisal quality or appraiser performance.


Knowledge, Skills and Abilities

* Bachelors degree in Business Administration or related field or equivalent work.
* At least three years leadership experience in enterprise portfolio management.
* Minimum seven years of experience in a credit risk management role supporting consumer lending products. Specific background in unsecured credit products (credit cards, student loans, etc).
* Strong interpersonal skills required, including ability to work well with members, staff, and dealers tactfully and professionally; maintain positive relationships and excellent customer service skills.
* Ability to work effectively and collaboratively in a diverse work group, as well as independently with minimal supervision.
* Ability to adapt to changes and prioritize and manage competing demands.
* Ability to read, analyze and interpret data and understand and communicate complex and diverse information.
* Ability to solve practical problems and deal with a variety of situations exercising flexibility and sound judgment in a fast-paced environment.
* Ability to make practical and timely decisions and explain reasoning for decisions.
* Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Physical Abilities

* Must be able to regularly talk, hear, see and operate a computer keyboard and mouse.
* Occasionally lift, pull/push, and carry up to 10 pounds.

Work Environment

* Exposure to constant or intermittent sounds at a low or moderate level consistent with an office setting.
* Exposure to high-stress, fast-paced, deadline-oriented environment.

Additional Information

Please review our website for more information at www.stcu.org/careers.

About Spokane Teachers Credit Union (STCU)

STCU does more than take deposits and make loans. We support the local community with strategic gifts that benefit arts and culture, education, and important local causes consistent with STCU's mission and purpose. Each year, STCU receives more donation requests than we can possibly meet. That's why we cannot afford to play favorites by contributing to projects just because someone is a friend of an employee or has been a member for 30 years. Instead, we objectively screen requests based on a high standard of eligibility and purpose, distributing STCU's limited donation budget to areas that focus on our mission and purpose as a not-for-profit financial cooperative. We weigh each request according to the following guidelines: Eligibility To be eligible for an STCU donation, your organization or program must: Have 501(c)(3) tax exempt status. Demonstrate an impact aligned with STCU's focused giving areas. Benefit communities and citizens in eastern Washington and/or northern Idaho. You don't have to be a member of STCU to be approved for a donation. But please note that STCU rarely donates to individuals, trips, sports teams, or causes that are religious or political in nature.