Are you passionate about creating an exceptional client experience?
Discover your opportunity with Union Bank, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we care about the details that matter most to our clients. We have our clients’ best interest in mind, drawing on more than 150 years of experience to understand their distinct needs and tailor our solutions. We’re part of 180,000 colleagues around the globe striving to be the world’s most trusted financial group. Trust starts with a culture of putting people first and empowering you to achieve your potential. Join Union Bank, where being inspired is expected and creating results is rewarded.
Reporting to the Unsecured Consumer Lending Portfolio Risk Manager, this position is responsible for conducting comprehensive and empirically supported risk assessment of credit policies and portfolio segments in an effort to identify and quantify risk exposure and enhance existing Credit Strategies. Support risk analysis of business initiatives to optimize opportunities within established risk tolerances and support business growth. Participate in an ongoing effort to improve controls and monitoring of the credit strategies.
25% Leverage analytical skills in the development and evaluation of Credit Cards Underwriting Strategies (Acquisition, Line Maintenance, Collections). Utilizing SAS/SQL and other data analysis tools to identify key drivers and segmentations to enhance efficiency. Present and review proposals with senior leadership.
25% Participate in recurring and ad-hoc risk analysis for comprehensive evaluation of portfolio risk. Develop recommendations for remediation in partnership with other business leaders. Present findings and recommendations to senior business leaders. Facilitate meetings and foster collaboration of others to manage implementation of business strategies.
20% Conduct assessments of proposed business initiatives, focusing on credit risk assessment. Identify, collect and analyze necessary data for effective risk evaluation and profile of risk characteristics. Collaborate with finance and other business partners in business case development and initiative assessment. Provide post implementation reporting and analysis of actual performance relative to original projections.
20% Provide support for ongoing risk management reporting and assessment of key risk indices. Assess vintage performance of policy exceptions, business channels, products, customer relationship profiles, account management strategies and geographic segments. Support development of new risk mitigation strategies in unstructured environment. Collaborate with other cross functional team members to develop recommendations.
10% Develop and maintain controls to ensure that Credit Strategies comply with applicable regulations and Bank Policies.
Knowledge, Skills, Abilities:
- · Advanced data management skills, utilizing SAS/SQL or other programming language is required.· Excellent problem solving skills, with ability formulate strategy recommendations in unstructured environment.· Ability to interact with senior managers within the organization, communicating observations and recommendations.· Effective project management skills with ability to manage time across concurrent projects.· Ability to effectively collaborate and partner with other business units to solve business issues.
Education, Licensure, Experience:
- · 5 years experience in Credit Risk or other consumer finance related industry is required.· Master's degree preferable in mathematics, applied statistics, economics or finance is required.· Knowledge of advanced statistical concepts and tools (such as: Knowledge Seeker/R, etc) is preferred.· Ability to communicate effectively, both verbally and in writing with all levels of bank personnel, including senior management.· Advanced PC skills in MS Excel, Word, PowerPoint is desired.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.