Credit and Collateral Risk Analyst Position Available In Suffolk, Massachusetts

Position Summary The primary responsibility of this position will beanalyzing the Bank?s Credit Risk Models and valuation of Collateralpledged to the Bank to secure advances and other extensions of credit.

This entails conducting credit and market risk analysis of, andreporting on, the Bank?s Credit Models and Collateral Valuation risk,and additional topical research. The analyst will gain and deployworking knowledge of all relevant internal and external models and toolsused to measure these risks. The analyst will be expected to processdata using the models and aggregate outputs efficiently for upstreamreporting to internal committees and other users of the information.

Other duties related to the role include economic research, dataexploration, and report maintenance and creation. The analyst is alsoexpected to know and reference all internal Credit and Collateral RiskAnalytics Procedures and make recommendations for their enhancement asnecessary. The ideal candidate is a critical thinker, enjoys working onmultiple projects that require skills in data research and analytics,and can support changing priorities. Data is often decentralized, andthe candidate must be comfortable with aggregating and handling largedata sets and meeting deadlines. Candidate should be a good communicatorand bring a positive attitude with a desire to learn. SpecificResponsibilities ? Perform periodic analysis on all Bank collateral,encompassing facets of Credit, Market, and Model risk. ? Aid inperforming initial testing of upgrades to models/tools, includinginternally developed programs. ? Prepare periodic reports for review andpresentation to internal Committees. ? Assist in special projects tomeet the overall goals and objectives of the Credit Department. Thesespecial projects often require creation of ad hoc reports and narrativeof the subject matter using internal and external data. ? Demonstrate aworking knowledge of Python Pandas library and basic SQL querying. ?Ability to conduct research and summarize findings or observations. ?Write or review business memos. ? Other duties as assigned. ? 0 – 5years of relevant experience in the Financial Services industry with anemphasis on analytics. Internships do count towards relevant experience.? Proficiency in the use of MS/Excel. ? Experience with Python isstrongly preferred and Power BI a plus. In lieu of experience,demonstrated willingness to learn Python is expected as part ofonboarding. ? Experience with discounted cashflow analysis a plus.