Bank Credit Risk Analyst

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

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Competitive Compensation and Benefits Package

Overview: The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 13.5 million members and customers across 13 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.
Responsibilities: <ul> <li><span style="font-family: Arial; font-size: medium;">Develop, enhance and maintain credit risk management reporting and tools in order to: identify and analyze concentrations of credit, loan exceptions, loan classifications, delinquency, charge-off and recovery, credit quality, risk-adjusted profitability, industry sector/product type/geographic exposures and trends, problem credits of consumer or home loan portfolios. Handle a range of simple to complex assignments.&nbsp; Prepare dashboard and ad-hoc reporting for senior management and/or regulatory compliance as needed.&nbsp;</span></li> <li><span style="font-family: Arial; font-size: medium;">Use a thorough understanding of statistical analysis techniques to develop and implement models and analytics which leverage risk-related information to support consumer or real estate lending business strategies and expansion, and satisfy various regulatory requirements.&nbsp; Create, enhance and maintain financial/statistical models for portfolio analytics purposes such as credit limit setting, loss forecasting, allowance for loan and lease losses, loan stress testing, CECL, capital allocation and etc. Prepare thorough documentation that satisfies the Banks&rsquo; model analytics standards, audit requirements, and the Bank&rsquo;s regulators.&nbsp;&nbsp;&nbsp;</span></li> <li><span style="font-family: Arial; font-size: medium;">Participate and contribute to periodic reviews of credit risk policies, procedures, and committee governance structures.&nbsp;&nbsp;&nbsp;&nbsp; Continually assess and implement automation of reporting and portfolio analytics. Implement and maintain functional solutions or applications related to portfolio credit metrics. Develop and track forward-looking credit risk metrics based on national macroeconomic data as well as internal data. Complete other projects and initiatives in support of broader Credit Administration goals. &nbsp;&nbsp;&nbsp;&nbsp;</span></li> </ul>
Requirements: <p style="font-weight: 300;"><u style="font-weight: 300;">Education:</u></p> <ul style="font-weight: 300;"> <li style="font-weight: 300;">Master&rsquo;s degree in Economics, Finance, Statistics or Accounting&nbsp;&nbsp;</li> </ul> <strong style="font-weight: 300;"><u style="font-weight: 300;">Work Environment:</u></strong><strong style="font-weight: 300;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</strong><br /> <p style="font-weight: 300;">&nbsp;Work in a temperature-controlled office environment.</p> <p style="font-weight: 300;"><strong style="font-weight: 300;"><u style="font-weight: 300;">Required Qualifications:</u></strong></p> <p style="font-weight: 300;"><u style="font-weight: 300;">Education:</u></p> <ul style="font-weight: 300;"> <li style="font-weight: 300;">Bachelor degree in Economics, Finance, Statistics or Accounting</li> </ul> <u style="font-weight: 300;">Experience:</u> <ul style="font-weight: 300;"> <li style="font-weight: 300;">Five years of banking or related work experience in Credit, Risk Management, Corporate Treasury or Corporate and/or Line-of-Business Finance</li> <li style="font-weight: 300;">Extensive experience with advanced Excel functions such as Macro and VBA<u style="font-weight: 300;"><br style="font-weight: 300;" /></u></li> </ul> <br /> <p style="font-weight: 300;">&nbsp;</p> <p style="font-weight: 300;"><u style="font-weight: 300;">Knowledge and Skills:</u></p> <ul style="font-weight: 300;"> <li style="font-weight: 300;">Thorough statistical analysis of underlying data requiring regression and time series analyses, and understanding of risk factors that impact the credit quality of portfolios.</li> <li style="font-weight: 300;">Strong understanding of quantitative credit risk modeling (e.g., PDs, LGDs, EADs, vintage analysis, migration matrices, etc)</li> <li style="font-weight: 300;">Strong understanding of portfolio credit metrics such as limits, expected and unexpected loss, capital allocation, etc.)</li> <li style="font-weight: 300;">Excellent quantitative and financial modeling and analytical skills, including statistical/mathematical programming experience using SAS and/or R</li> <li style="font-weight: 300;">Solid oral and very good written communication skills with the ability to explain complex topics to multiple levels higher and lower in the organization and to synthesize quantitative results and qualitative factors into conclusions suitable for executives and regulators</li> </ul> <p style="font-weight: 300;"><strong style="font-weight: 300;">&nbsp;</strong></p> <p style="font-weight: 300;">The Auto Club Group offers a competitive compensation and benefits package including a base salary with performance based incentives; medical/dental/vision insurance, 401(k), generous time off, a complimentary AAA Membership and much more!</p> <p style="font-weight: 300;">Important Note: The above statements describe the principal and essential functions, but not all functions that may be inherent in the job.&nbsp; This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.&nbsp; Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.</p> <p style="font-weight: 300;">The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer.&nbsp; All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.</p>